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Tag Archives: fannie mae
Why Does Real Estate Cost So Much In Coastal California?
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading
Posted in Economics
Tagged boom and bust, economist thomas sowell, fannie mae, fannie mae and freddie mac, financial qualifications, Thomas Sowell
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The Housing Boom
Check out the book on Amazon.com. Economist Thomas Sowell appeared on Dennis Prager’s radio show May 27: Tom: If the results weren’t so serious, all this would make a great Gilbert & Sullivan musical, with all the mutually contradictory statements … Continue reading
Posted in Economics
Tagged amazon, Dennis Prager, economist thomas sowell, fannie mae, fannie mae and freddie mac, Thomas Sowell
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Maybe The Bailout Worked?
I want to grind my teeth every time I think about the U.S. government bailing out banks, but this Washington Post article says the thing has worked: Sure, you can question how the money was used — many of us … Continue reading
Posted in Economics
Tagged credit default swaps, fannie mae, fannie mae and freddie mac, financial meltdown, lehman brothers, orderly wind
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I’m Live With The President
I’ll be live on my cam when the president addresses the nation at 6 p.m. about our financial crisis. I’m part of a new KNBC.com team providing analysis via web cam and YouTube video. KhunDiddy: I’m back after 11 nights … Continue reading
Posted in Personal
Tagged big wheel, community spirit, fannie mae, financial crisis, hostile press, knbc, orthodox jew, web cam, youtube video
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Mortgage Crisis Means No Tighter Regulation Of “government sponsored enterprises” (GSEs)
I cover the refinance industry here. David Smith writes: Roughly ten days ago, the Administration officially flew the white flag in attempting any further regulation of the GSEs. Legislation not pending? As reported by The Wall Street Journal, with … Continue reading
Posted in Economics, Mortgages, Politics
Tagged balance sheets, david smith, equity capital, executive summary, fannie freddie, fannie mae, fannie mae and freddie mac, financial turmoil, freddie mac, government sponsored enterprises, home mortgage, mortgage investors, mortgage market, mortgage securities, paulson, regulators, surcharge, u s home, wall street journal, white flag
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Democrats Vs. Republicans On Government Oversight Of Lending
Mickey Kaus writes: David Smith says scandal-scarred Fannie Mae and other "government sponsored enterprises" (GSEs) have successfully dodged the threat of stronger government oversight, thanks to the mortgage crisis–and the 2006 election. This appears to be a case where Republicans … Continue reading
Posted in Mickey Kaus, Politics
Tagged ceo, david smith, democrats vs republicans, fannie mae, franklin raines, government oversight, government sponsored enterprises, gses, Mickey Kaus, mortgage, omb director, president clinton, scandal, skeptics
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