Browsing All Posts filed under »Housing Market«

Books Worth Reading: Housing & Financial Market

December 16, 2010

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All the Devils Are Here: The Hidden History of the Financial Crisis (Joe Nocera, Bethany McLean) – 30 year history about the run-up to the mortgage and financial crisis. Fooling Some of the People All of the Time: A Long Short Story (David Einhorn) – Hedge fund manager explains how he saw taking the short […]

Recommended Reading: “The Great Depression” by Benjamin Roth

October 19, 2010

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Found the book via Megan McArdle’s recent post – “Should We Just Call a ‘Do-Over’ on the Mortgage Market?“. (The answer is a resounding “no” BTW… There are other more painful, but more effective ways to solve the problem.) Benjamin Roth was a lawyer in Youngstown, OH through the Great Depression and kept a running […]

Some comments about debt

September 27, 2010

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About a year ago, I picked up a copy of Andrew Ross Sorkin’s “Too Big to Fail” and wrote about it here. Sorkin was back on the Charlie Rose show a couple weeks ago discussing more concepts on debt, but how it applies to public debt – are countries too big too fail?  Given the […]

Monkeys & the Housing Bubble

July 29, 2010

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Good news – monkeys would have taken option ARM and pay-as-you go mortgages too: http://www.ted.com/talks/laurie_santos.html For more about Human Irrationality, check out Dan Ariely’s blog and his book – Predictably Irrational.

Recent Housing Bubble reads

April 19, 2010

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Just finished reading “The Big Short” by Michael Lewis – a nice explanation of CDOs and their contribution to the housing bubble. Lewis takes a head-shaking-you-won’t-believe-this-happened viewpoint than Gregory Zuckerman’s “The Greatest Trade Ever.” (Zuckerman takes more of the holy-crap-you-won’t-believe-that-this-Paulson-guy-figured-out-the-trade! approach.) Lewis only mentions John Paulson and his hedge fund once in the entire book […]

NPR Interview from May 4

May 5, 2009

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More fun stuff… NPR was looking for some to talk expertly about the national real estate market and the recent March numbers released from the National Association of REALTORS. Instead, they got stuck with me… Here’s a link to the short segment – Scott Sambucci on NPR.

Freddie Mac’s 2009 Plan for the Housing Market: Ingrid Beckles

April 9, 2009

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Ingrid Beckles, Senior Vice President of Default Asset Management at Freddie Mac, opened SourceMedia’s 3rd Annual Mortgage Servicing conference this week in Westlake, TX with perspectives and plans regarding the US housing market and foreclosures. Here’s a summary of the key points of her presentation [along with some personal commentary].  The statistics presented here are […]