The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. ATTENTION: Backup Blog at: http://thehousingbubble2.blogspot.com/
Wednesday, May 25, 2005
Previous Posts
- Buyers, Builders, Lenders May Get "Burned"
- 7% Of LV Listings Reduce Price In The Past Week
- Spanish Mortgage Debt Up 25% In One Year
- Fundamentals Belie Housing Boom
- CA Prices Soar, Sales Weaken
- "Possible Speculative Excess": FOMC
- Fitch Cuts GM, GMAC To "Junk" Status
- Congress Wants This Bubble, Not Reform
- Faulty Appraisals Are "Common Knowledge"
- "The Biggest RE Bubble In World History"?
Links
- HOME
- 10 Year US Bond
- Fannie Mae
- National Mortgage News
- Origination News
- Demos
- Mortgage Bankers Assoc.
- OFHEO
- Center for Economic and Policy Research
- Fitch Ratings
- Realty Times
- Inman News
- US Treaasury
- BlogKits-Building Blog Relationships
- House Price Crash UK
- The Money Files
- San Diego Real Estate Chrono-Collapsometer
- Bay Area Housing Crash Continues
- HouseBubble.com
- Vancouver Housing Market Blog
- housingbubble.com
3 Comments:
It will be interesting how these crooks in their accounting department will fudge AGAIN theirs results. What a buch of mafiosis. Their books are cooked like the books of the Federal Government.
Ho come you know they will be doctored like everything in USA. A real bunch or crooks like these ALWAYS cook the books. These guys are BUMS like the ones measuring the inflation rate and cooking the CPI. Hey great idea how about a new concept: A Core Fannie Mae Profit and a Hedonistic Increase in Value of Assets. The party must go on and the morons from China and Japan must keep buying the paper. So don't even expect to a sliver of what is really going on except the usual american Bull Sh--. Foreigners these morons don't even care if they get screwed by Uncle Sam and Fannie, Sallie or whatever.
I have read that EACH 25 basis poiny increase in interest rates by that moron Allan Greenspan, removes and destroys 500 millions of profit on the balance sheet of Fannie. Make you own calculations. 9 increases ou 25 basis points means that Fannie is bleeding heavily of a loss of 4,5 BILLIONS. Good work Allan. At least if it can kill this corrupt company with their special privileges. Good ! Anyways guess who will be paying for the mess. You ! the US taxpayer.
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