Supply and Demand (in that order)

Mortgages held by Freddie and Fannie must. So do mortgages held by banks taken over by the FDIC. It appears that Citi agreed to follow the F...

I have summarized reports by Treasury, FDIC, and the Congressional Oversight Panel in the Table below. Pooling and service agreements do no...

I agree . The Treasury's only solution has been to make the modification formula secret (see Congressional Oversight Panel , October 200...

http://apnews.myway.com/article/20091029/D9BKMVMG0.html Just a "mistake." Am still waiting for mistakes that underestimate the pot...

I have received a couple of questions about why I only referred to Sweden, Norway, and the Netherlands in my recent post on sick leave . Fir...

This August, I released a paper explaining why the mortgage modification programs implemented by the Bush and Obama Administrations were pr...

Last October , when we were told that spending and incomes were about to collapse, I predicted that "real GDP will not drop below $11 t...

Last December I predicted that the housing market would turn around "summer 2009." A turn around meant prices stabilizing, and co...

For almost a year now, I have characterized this recession as "labor falling, productivity rising." This morning's national ac...

Last spring I suggested how it was a bad sign that the Chicago Bulls were willing to sell me 180 tickets, rather than the usual 90. Now, wi...