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Tag Archives: double-dip
“Skin in the Game” Rules and 11 Cities Where Home Prices Hit New Lows
“Skin in the Game” rules:
Firms who want to package loans and other assets into securities will now how have to retain 5% of the credit risk if today’s SEC draft proposal holds. According to today’s Wall Street Journal, the SEC added its draft proposal today to those of the Federal Reserve and Federal Deposit Insurance Corporation issued earlier this week. In a move that they hope will lead… Continue reading
Will Mortgage Rates Bring Down Lending Volumes?
The good news is that the potential for a double-dip recession and our fear of it is fading. This should help stimulate economic growth. The Wall Street Journal reported that the U.S. economy had grown about 2.6% in the third quarter. During this period companies have increased their inventories of goods. While consumer spending was down during this same period, a recent increase in spending reflects consumer comfort. Last week’s… Continue reading
Posted in Lending, Mortgage
Tagged double-dip, economic growth, interest rates, mortgage
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