Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

Donate Via Paypal

Donate Bitcoin

1HnZuhqhRQydeidYwqgZaXYB1Vs2R2cBb5

Revolver Maps

Emergency Essentials/BePrepared

Disclaimer

ALL CONTENT ON 'SILVER FOR THE PEOPLE' AS WELL AS THE 'BROTHERJOHNF' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SILVER FOR THE PEOPLE' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR BULLION. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

Donate Via Paypal

Housing Bubble II: The Feds Are at It Again

teapartyeconomist.com / The Associated Press / January 26, 2015

Uncle Sam wants to make it more affordable for Americans to buy their first home.

The recent policy changes affect government-backed home loans and could make it less costly for first-time buyers to come up with a down payment or to afford private mortgage insurance.

[…]

Low Government Bond Yields Are Made By Central Banks, Not Free Markets

davidstockmanscontracorner.com / by Michael Pento • January 19, 2015

On January 7th CNBC’s Rick Santelli and Steve Leisman engaged in a heated debate that posed an interesting question; is the free market at work keeping interest rates low, or is it the central banks’ put? This made me consider the real question to ask which […]

State Of The Union … For Income Growth And Residential Mortgage Lending (Both Remain Depressed)

wallstreetexaminer.com / by Anthony B. Sanders, Courtesy of Confounded Interest • January 18, 2015

On Tuesday evening at 9pm EST, President Obama will give his annual State of the Union address. Here is what President Obama likely WON’T say in the address.

Let me begin with quarterly mortgage originations at the top 4 banks: Bank […]

The Coming Mortgage Panic Set-Off By Swiss

armstrongeconomics.com / by Martin Armstrong / January 15, 2015

During the 1980s, Australians were hit hard as banks had sold them mortgages in Swiss francs to save them on interest rates. The next shoe to fall is the Swiss Franc Mortgage Panic that will be part of 2015.75. Countless homeowners outside of Switzerland […]

Who needs a mortgage? Mortgage applications running near multi-decade lows while mortgage rates fall.

doctorhousingbubble.com / Dr. Housing Bubble / January 14th, 2015

How often can you go back to the low rate well? That seems to be the question at least when it comes to low interest rates. I heard an analyst say that the bulk of low hanging fruit already refinanced so small basis point moves are […]

Wells Fargo Feeling Their Oats: Commercial Loans Jump In Q4 2014 (Residential Originations Flat) – Net Income Decline Slightly

wallstreetexaminer.com / by Anthony B. Sanders, Courtesy of Confounded Interest • January 14, 2015

Wells Fargo announced their Q4 earnings this morning. Their net income declined slightly in Q4 2014.

Commercial lending in Q4 skyrocket and mortgage originations remained flat…

READ MORE

The Dead Mortgage Cat Bounce Is Over

zerohedge.com / by Tyler Durden on 01/14/2015 11:42

While earlier today the MBA came out with some absolutely ridiculous numbers namely that there was a 49.1% surge in mortgage applications in the week ended January 9, this was, as Stone McCarthy reported, due largely to seasonals. To wit: “The MBA’s broad mortgage application index […]

The American Dream Goes Bust, KB Home Wrecked, Other Homebuilders Follow

wolfstreet.com / by Wolf Richter • January 14, 2015

KB Home, one of the largest homebuilders, reported earnings on Tuesday. It was all hunky-dory. Shares rose 3.6% in premarket trading. But then, at 11:30 AM ET came the conference call. And what these folks said about the housing market wrecked KBH. The carnage spread […]

Ocwen Is Ocdaed: Mortgage Servicer Crashes After California Seeks To Suspend Its Mortgage License

zerohedge.com / by Tyler Durden / 01/13/2015 09:58

A little over a year ago, Ocwen was the darling of hedge funds everywhere, with such luminaries as Steve Eisman pitching it at the Ira Sohn 2013 idea conference. Since then things went downhill and fast for the mortgage servicer, which after being branded “the “Next […]

Here They Go Again—-Subprime Delinquencies Rising In Autoland

davidstockmanscontracorner.com / by David Stockman / January 9, 2015

Yesterday’s WSJ article on rising auto loan delinquencies had a familiar ring. It focused on sub-prime borrowers who were missing payments within a few months of the vehicle purchase. Needless to say, that’s exactly the manner in which early signs of the subprime mortgage crisis […]

The Obama Housing Plan Is A Complete Joke

investmentresearchdynamics.com / By Dave Kranzler / January 9, 2015

Obama presented his plan for the FHA to reduce the down payment requirement for an FHA loan to 3.0%. Big deal. The FHA has been offering 3.5% down payment loans for quite some time now. In fact, since 2008 FHA has been underwriting low credit […]

Fed Futility! Mortgage Applications Remain Depressed Despite Fed’s Massive Intervention In Financial Markets

wallstreetexaminer.com/ by Anthony B. Sanders, courtesy of Confounded Interest • January 7, 2015

Talk about Fed Futility! Mortgage applications continue to remain depressed despite the massive, unprecedented intrusion in financial markets by the US Federal Reserve.

Mortgage applications increased 11.1 percent from the previous week, according to data from the Mortgage Bankers Association’s (MBA) Weekly […]

What Happens When Your Credit Card Stops Working?

acting-man.com / Bill Bonner / January 6, 2015

Running on Plastic

America does not run on cash. It runs on credit. In theory, America’s line of credit is unlimited. But in practice… it can get complicated, fast. The US is the first and largest economy ever to function on credit.

Americans have 3.75 credit cards […]

The Wall Street Journal Does Not Believe In The Rule of Law

wallstreetexaminer.com / by William Black, courtesy of New Economic Perspectives • January 5, 2015

George Akerlof and Paul Romer’s famous 1993 article “Looting: The Economic Underworld of Bankruptcy for Profit” introduced what criminologists call “accounting control fraud” to the economics literature. The people who control the firm (typically the CEOs) use its seeming legitimacy as […]

4/1/2015: Homeownership, House Prices and Entrepreneurship

trueeconomics.blogspot.com / by Dr. Constantin Gurdgiev / January 4, 2015

Two papers on related topics, the link between enterprise formation and homeownership/mortgages. In the past, I wrote quite a bit about various studies covering these, especially within the context of negative equity impact of reducing entrepreneurship and funding for start ups.

In the first […]

Should I Buy a House in 2015?

charleshughsmith.blogspot.com / By CHARLES HUGH SMITH / DECEMBER 30, 2014

No one can answer that question for anyone else, but it seems prudent to ask the question in the context of an Echo Bubble in valuations that appears to be deflating.

Readers often ask me if now is a good time to buy a […]

“Will We Never Learn?” – Meet Subprime Auto ‘Title Loans': 2014’s Home ATM

zerohedge.com / by Tyler Durden on 12/26/2014 19:55

The car is at the center of the biggest boom in subprime lending since the mortgage crisis, and The NY Times reports, similar to how a red-hot mortgage market once coaxed millions of borrowers into recklessly tapping the equity in their homes, the new boom is also […]

Oh Bite Me

market-ticker.org / by Karl Denninger in Housing / Dec 24, 2014

This jackass might be one of those who should have gone to prison….. but didn’t.

Now she wants to******you again — financially, of course. I hope you have the good sense not to fall for it a second time.

In 2015, those who […]

Why Everyone Is About To Rush Into Subprime Mortgage Debt (Again)

zerohedge.com / by Tyler Durden on 12/24/2014 15:30

If there is one thing the investing public has ‘learned’ in the last few years, it is ‘no matter how bad the fundamentals, if it’s been working, buy moar of it’. And so, it is with almost certain confidence that we should expect a resurgent flood […]

2015 Housing Predictions: The Bar Is So Low We Might Trip On It

wallstreetexaminer.com / by Logan Mohtashami / December 22, 2014

This is a syndicated repost courtesy of Logan Mohtashami. To view original,click here.

2014 was not a great year for the housing market. Higher inventories in many areas and low mortgage interest rates lead to lofty promises of booming mortgage purchase applications and “nirvana” for new […]