...Freddie Mac at the height of the housing bubble. The settlement resolves four lawsuits filed in September 2011 against BofA, Countrywide, and Merrill Lynch, the latter two of which were...
Read More »Search Results for: bubble
Treasury Official Chimes in on Housing Finance Reform
...be restructured to withstand the bubble-and-bust trends that plague the housing market. This is an important step, considering that mortgage holders owe Fannie and Freddie around $5.6 trillion, which is...
Read More »Credit Risk Down to Post-Crash Low
...seeing their biggest drop in 2013 since the housing bubble, a decline in go-forward consumer credit risk would be expected. However, it was a pleasant surprise to see the Credit...
Read More »Home Prices Up 12% in January HPI
...Fleming, chief economist for CoreLogic. “The last time January month-over-month and year-over-year price appreciation was this strong was at the height of the housing bubble in 2006.” The five states...
Read More »Commentary: The Fate of Fannie Mae and Freddie Mac
...low- and middle-income families and to loosen underwriting guidelines, both factors which contributed to the housing bubble. In the early 2000s, Wall Street increased quantity of loans--often non-GSE, riskier loans...
Read More »Commentary: A Response to the State of the Union Address
...minimum wage. Whereas the late, great Ronald Reagan espoused trickle down economics, President Obama would like to try and rebuild our economy through ""bubble-up"" economics. What we need is a...
Read More »Home Prices Increase 0.3% in November
...with -0.3 percent monthly price changes. Also coming out strong were Texas and Colorado, which climbed to $186,000 and $257,000, respectively--well above the levels they experienced during last decade's bubble....
Read More »Recovery Expected to Enter ‘Middle Innings’ in 2014
...are already slowing, which according to Zillow, is ""a welcome sign in markets that risk crossing over into bubble territory as rising mortgage interest rates create affordability issues for homebuyers.""...
Read More »Report: ‘Slow and Steady’ Markets Pulling Ahead of Others
...hare in the recent recovery. Phoenix's prices have swung drastically over the past several years, rising 98.5 percent during bubble years from 2002 through 2006, and then plummeting 61.6 percent...
Read More »Yellen Confirmed as Fed Chair as Senate Returns
...an economic bubble or even hyperinflation."" Grassley added that while the Fed's recent strategy has benefited the stock market, the rest of the country has yet to see major improvements,...
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