Mortgage Electronic Registration Systems Loses Legal Shield
Back in April, we mentioned the The Mortgage Netherworld of MERS — the Mortgage Electronic Registration Systems. MERS is the firm...
The Dollar’s Role in Rising Risk Appetites
Good Evening: After a couple of wobbly sessions on Friday and Monday, U.S. stocks resumed rising on Tuesday. With little in the way of...
A Coming Flood of Bank Owned Homes
“There’s going to be a flood of bank-owned homes listed for sale at some point.” -John Burns, a real-estate consultant...
Economics: The Science of Explaining Tomorrow . . .
. . . why the predictions you made yesterday didn’t come true today. Despair.com via DD
If its Tuesday, This Must Be Afternoon Reading
By the time you read this, I will (hopefully) be airborne somewhere over the mid-west. I’m on my way to a WSJ panel discussion in...
Wolf: Economy Recovering But Still Plenty Of Time For...
Even the most bearish pundits are sounding a bit more optimistic lately: Specifically, they are grudgingly admitting that we may have...
Not the Same All Over
Even though the global economy is experiencing the worst downturn since World War II, that doesn’t mean every country is being...
The Drunk and the Liquor Store
David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in...
Leading Indicators Predictive Value
Bill King points out that the “LEI, which has increased for five straight months, is heavily weighted to monetary indicators and...
July FHFA Home Price Index
The July FHFA Home Price Index rose .3% m/o/m, .2% less than expected and June was revised lower to a gain of .1%, down from the initial...