FHA

When David Stevens left his position in the Obama Administration in 2011 as the head of the Federal Housing Administration to go to head the Mortgage Bankers Association, the chief lobbyist for the industry he once regulated, I posted on…

Since there is no appetite in Congress to bail out the FHA as its financial condition deteriorates, Fitch believes that the FHA may end up renegotiating its full protection on these mortgages with the banks who hold the loans. The agency…

Since there is no appetite in Congress to bail out the FHA as its financial condition deteriorates, Fitch believes that the FHA may end up renegotiating its full protection on these mortgages with the banks who hold the loans. The agency…

I love Chris Whalen's bank industry analysis. I featured his CNBC commentary yesterday. Today is his commentary from last night's Capital Account.

Financial news links for 17 Feb 2012

“Without consumption, markets are going to shrink. Companies won’t invest, stores will close, “for rent” signs will spread on the main streets and local tax revenues will fall. Companies will lay off their employees and the economy will…

Economist Robert Shiller spoke with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart" on Tuesday. Shiller sees the likely austerity that the US will see as a result of the debt ceiling debate as negative for housing…

The separation of abodes from investments should work to the advantage of rentals in future years. We’re not suggesting that Americans will give up on single-family owner-occupied housing. The idea of a single-family home of your own is…

I can no longer say that not a single senior executive of one of the major nonprime lenders whose frauds hyper-inflated the housing bubble and caused the Great Recession has been convicted of his frauds. A single senior executive of one of…

This is just in from CNBC's John Carney: a key advisor to U.S. President Obama will leave the Federal Housing Authority where he is a regulator of the mortgage industry and make a beeline straight for the industry he once oversaw. When…