It seems to me, this is not the time for big changes. With values down at least 50% and as much as 80%, this is the time to make credit easier. These loans have far less risk, home values cannot fall as they did before. OK, how much they fell, what percent, does not justify…Read More→
Four Proposals for Reforming Fannie and Freddie
Fannie and Freddie are in the news daily. What to do? The biggest issue I see is that banks are not responding in a manner one would expect, due to the coverage issued by Fannie and Freddie. I hear people all the time with a ton of anger against the bank and their frustration on…Read More→
ARE BANKS STARVING THE RECOVERY? BY JIM JUBAK
ARTICLE ABOUT BANKS AND M2 I received this article from Byan Jones at the Talon Group. I think it is quite enlightening and wanted to share it with you. Now in hind sight, we clearly see the banks and lending institutions were the main catalysts to the financial melt down. Now, as the economy struggles…Read More→
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