Posts Tagged ‘FDIC’The State of the Markets – 11/3/2009This post first appeared in the November edition of Cirios Trends: Getting to the Bottom of the Housing Market Of the myriad debates ongoing at a time when economics and politics are seemingly two heads of the same freakish snake, the role government should play in directing economic actions dominates an already ideologically charged arena. [...] Editorial: Regulators Delay Bursting of Commercial Real Estate BubbleThis post first appeared in the November edition of Cirios Trends: Getting to the Bottom of the Housing Market This piece first appeared on Minyanville. By Andrew Jeffery Reality, it appears, is a dish Washington believes is best served, never. Late Friday evening on October 30th, long after most Americans had shut off their computer [...] Down Goes DowneyBy ANDREW JEFFERY This post first appeared on Minyanville. Looks like all those option adjustable rate mortgages (ARMs) weren’t such a good idea after all: 1% teaser rates and loans that grow, rather than shrink, over time just aren’t meant for questionable borrowers buying overpriced homes. Newport Beach-based Downey Savings (DSL), the fifth largest originator of [...] Keepin’ It Real Estate: Do Loan Modifications Work?By ANDREW JEFFERY This post first appeared on Minyanville. With millions of homeowners falling behind on their monthly payments, one in 6 underwater, and countless more struggling to keep up, politicians and banks alike are jumping on the loan modification bandwagon. A modification – or “mod,” as it’s known in the industry — is simply the [...] |