Monthly Archives: March 2012

2012 Housing Recovery Fuelled by Affordability

The Mortgage Corner Housing prices needs one more year to begin to recover, according to several pundits and economists, including Barron’s Magazine and Professor Karl Case, co-creator of the S&P Case-Shiller Home Price Index. And that mostly depends on two … Continue reading

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States are Making A Comeback

Financial FAQs The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2012 that are a measure of current activity, and so a good measure of how widespread is the recovery. In the … Continue reading

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HARP 2.0 Loan Modifications Begin This Week

The Mortgage Corner The revamped HARP 2.0 loan modification program for Fannie Mae and Freddie Mac loans kicks off this week, which allows unlimited loan-to-values for existing 30 or 15-year fixed rate mortgages owned by Fannie and Freddie, and maximum … Continue reading

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Greater Lawlessness Causes Great Recessions

Popular Economics Weekly We know Greg Smith’s unveiling of Goldman Sachs’ ‘culture’ of GS profits ahead of clients’ interests was nothing new. And that real laws were broken—from conflicts of interest to outright fraud. The 2010 congressional hearings unveiled much … Continue reading

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Employment Much Better Than Data

Financial FAQs The pundits and some economists just don’t seem to get it. Friday’s unemployment report was gangbusters. The gains were not just ‘ok’, per Marketwatch, or are at a ‘speed-walk’, per Barron’s Gene Epstein. Gains are in fact accelerating … Continue reading

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2012 Economic Growth Accelerating

Popular Economics Weekly Economic growth is finally accelerating. Consumer demand plus manufacturing are continuing to increase, and even the fourth quarter was a little stronger as Q4 GDP growth broke the psychological 3 percent boundary. The Commerce Department revised fourth … Continue reading

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Attacks on Women’s Contraception Harms U.S. Economically

Popular Economics Weekly Republicans, whether knowingly or unknowingly, not only court political disaster when they attack women’s contraception, but risk economic disaster as well, since without readily available contraception—from the pill onward—women would not have been able to contribute to … Continue reading

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