How much clearer can Carney get about interest rates…
.. and yet, there are doubters STILL.
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on Big banks facing home credit risk@mac: @condo watcher: Wait! I don't think that was explanation enough for you. By PAST, I mean a few years
on Big banks facing home credit risk@mAC HOW DO YOU GET A SALES TO LIST FIGURE OF 115%--are they selling stuff that's not even on the
on Big banks facing home credit riskHopefully this time it works. Copied from PaulB’s number http://www.laurenandpaul.ca Using good-format’s format. Date Listing Price(+-) Sold Inv Inv(+-) S/L(%)- on Big banks facing home credit risk Sorry for the previous post. I seem to have lost my PRE tag "touch".
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March 31st, 2011 at 3:23 am
@patriotz:
Well, I'm glad you've come around to my argument that both parties were to blame. As for Bush, I said the WH wanted to take the foot off the gas. And it's true as far back as April 2005:
" “Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding homeownership opportunities in America… Half-measures will only exacerbate the risks to our financial system.” (Secretary John W. Snow, “Testimony Before The U.S. House Financial Services Committee,” 4/13/05).
Now, note that the WH still wants to expand ownership. That's bad. But they clearly see things are heading for trouble.