The overnight market panic is overdone and not a sign of economic trouble to come
'The downtrend is in the past' and other words of wisdom to remember
Last week’s rate movements were unusually powered by individuals acting on principle
Some decisions are just hard, and GSEs have correctly and successfully resisted administration demands to reduce loan balances
Take two things for certain. First, there’s never been nor ever will be a housing bubble without a corresponding bubble in mortgage credit. Second, no matter who may yap about credit being too easy (usually complainers about the federal role in mortgages), stick with the Fed’s quarterly accounting of U.S. financial flows, Z-1.
The outside world is a wreck, the U.S. is the world’s only locomotive, and cash is pouring in here again
The President is the top manager in the country -- what's that mean for the candidates?
Asserted, but not true: the record lows are the result of bad policy at central banks
Discrimination is only one part of this mystery
The outside world has more impact on the U.S. than the Fed considers
We have not witnessed a fatal generational flaw, just the inevitable back side of a bulge
The Fed calculus is changing fast toward rate hikes -- more and sooner than markets are priced for
If credit is tight today, why has the rate of decline of applications fallen?
What the numbers from HUD and the U.S. Census Bureau mean
Be very careful with any discussion of inflation with clients
In open ocean the wave from an undersea earthquake is invisible, a tsunami only when reaching shore
Here's what you need to know about what's happening to rates right now
Here in the U.S. we are moving toward -- or are already in -- a period of lunacy
'Private' usually means a person, not an institution
Lending Club cratered this week, but the cause had nothing to do with its e-status
