Jim Rogers: Fannie Plan a ‘Disaster’
"I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie Mae,” Rogers,...
Mortgage Insurance Industry: 70% of Previous Buyers Don’t...
Yes, another impediment in the way of a quick Housing turnaround: Mortgage Insurance. The insurance industry, with its actuarial...
CEO Sees Dismal Economy (Bunch of Whiners!)
CEOs portray a gloomy forecast for the US Economy, according to a new survey by Chief Executive Magazine:
DON’T PANIC (Again !)
“DON’T PANIC” – Words inscribed in large, friendly letters on front cover of The Hitchhiker’s Guide to the...
Barron’s Cover on Housing
This weekend’s Barron’s cover story was on Housing: Bottom’s Up: This Real-Estate Rout May Be Short-Lived. It was a...
Video: IndyMac CEO Interview on CNBC
An interview on CNBC with IndyMac Bank CEO Michael Perry about company’s Option ARM mortgage portfolio and Federal Reserve’s...
Fed to Lend to Fannie & Freddie
All of our weekend guests finally clear out, we clean up the barbecue remnants. I get a few seconds to sit down to the computer to check...
Blind Denial About Running a Good Business
Some people are discussing these financial issues as if they were a random black swan event. But that’s incorrect; these events are...
About Those Companies Brought Down by Rumors . . .
Here’s a question I’m curious about: We’ve heard from oh-so-many people how whisper campaigns have brought down so many...