Posts Tagged ‘Moody’s Analytics’

We’re Addicted to Denying our Addiction to FHA’s Mortgage Crack

We’re Addicted to Denying our Addiction to FHA’s Mortgage Crack

According to Moody's Analytics, FHA's actions prevented home prices from dropping an additional 25%, which in turn saved 3 million jobs and half a trillion dollars in economic output. But now FHA is broke. Now what?... (Continue reading)

Obama’s New Plan to Help Housing Isn’t Worth Waiting For

Obama’s New Plan to Help Housing Isn’t Worth Waiting For

Even Edward J. DeMarco, acting director of the independent Federal Housing Finance Agency says his fix will be more of a tune-up than an overhaul, with reduced "frictions" and "enhancements."... (Continue reading)

If Your Economic Forecasts are Wrong All the Time, Aren’t You Just Guessing?

If Your Economic Forecasts are Wrong All the Time, Aren't You Just Guessing?

Mark Zandi is not only misleading the American public, but he's also misleading the American government, because he appears to have become the favorite economist of the Federal Reserve, the Treasury Department and the Senate and House Budget and Finance... (Continue reading)

Hey Everybody… It’s “Pretend You’re Surprised About the Economy Day!”

Hey Everybody… It’s “Pretend You’re Surprised About the Economy Day!”

Falling Home Prices, the Next Financial Crisis is Near, Defaulters Aren't Deadbeats After All, the Economy with Gwen Ifill and MERS has No Clothes.... (Continue reading)

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means…

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means...

Oh joy! Foreclosures should be peaking next year! Well there's something to look forward to, wouldn't you say? Why will they be peaking next year, you may wonder? Well, I'm forecasting they based on the current... (Continue reading)