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Testing Hank Paulson's Resolve on the GSEs

P.S. But I can tell it's brilliant!

Testing Hank Paulson's Resolve on the GSEs

Claus--

I have no clue what the heck you are trying to say. Perhaps an English translation would help!

Fannie's Last Five Quarters Show Need for Breakup

And what do you suggest as their replacement?

Countrywide VIPs: In the Senate, and Beyond

A "float down" would often cost lenders money if they, as would often be typical, had sold the loan forward. It's not just a freebie perquisite that they can offer everyone.

Should We Be Concerned About GSEs Again?

Sounds reasonable, BUT how do we explain the fact that having Wall St become the dominant housing finance player has totally backfired and produced a worldwide financial disaster? Can anyone doubt that if the GSEs had remained "the only game in town" that underwriting standards would not have deteriorated anywhere near as far as they did? And wouldn't the GSEs have been able to maintain stronger corporate finances. We punished the GSEs and seem to have paid a huge price. Ironic, no?

Hanging Up the Walkway Myth

Let the markets cleansing action run its course w/o government intervention. Make foreclosure easy, not hard. This reduces lending risks and promotes credit availability. Let everyone move on. Rationality has returned to residential real estate. Let's try to prevent future bubbles, not pump this one back up. Keep housing affordable by eliminating government subsidies.

Ten Comments on Housing

Re: Eastecoaster buying vacation/investment properties in Hawaii

Yes--it generally has been (and will continue to be) a bad economic decision.

How Ivory Tower Economists Created the Housing Bubble

Brilliant.

Bernanke's Message Can't Be Any Clearer

If politicians and their minions will just let the market deal with the bubble, we'll all be better off. Things are self-correcting! We can't undo the damage done by Greenspan and asleep-at-the-switch regulators. Washington should focus on longer-term financial regulation that adds stability to our economy. Enough with the short-term fixes that set us up for punishing inflation!

A Trader's Dream: Handicapping Indymac

It would be helpful if you supported your opinions with some real-world analysis that showed how profitable IMB will be based on its new business model.

A Guide to Subprime Terms and Possible Solutions

The proposed solution is a wacky and naive budget-buster.

Yet Another Problem with Mortgage-Backed Securities

Actually, although I respect your business arguments, your legal concerns are largely misguided. The Federal Court hit Deutsche hard because Federal judges feel abused when foreclosures are brought to their courts instead of in state courts where such cases belong. And your HDC arguments are flat out wrong!