New! (December 27) We are now indexing 1,000 blogs! Also, we're announcing a previously undocumented feature already in use on a few
personal finance blogs.
Viewing entries for View all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) | Visit
Items 1,150 - 1,174 of 1,536 
From Calculated Risk - view blog entries - visit this blogJanuary 18, 2008 at 1:02 am ET
In his testimony to Congress, Chairman Bernanke argued that any fiscal stimulus package be structured to impact spending within the next twelve months, otherwise the economy would probably already be improving: "To be useful, a ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 18, 2008 at 12:21 am ET
Counterparty risk really hit the markets today.From the WSJ: Default Fears Unnerve Markets. A few excerpts: Today, a struggling bond insurer, ACA Financial Guaranty Corp., will ask its trading partners for more time as ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 8:59 pm ET
Here is some info from the Washington Mutual conference call, and a spreadsheet of WaMu credit risk (courtesy of Brian):Although we are not seeing significant changes in early stage delinquencies, once a borrower is delinquent, ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 5:07 pm ET
Plenty of sites are covering the stock market, so I'll bring you the cliff diving for the ABX and CMBX indices, Commercial paper spread, and MBIA surplus notes.From Reuters: MBIA's surplus notes plunge to 80 ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 3:38 pm ET
Reuters reports that S&P said today that they expect monoline insurer losses to be 20% higher than they forecast last month. See Reuters: S&P says bond insurance losses likely 20 pct higher (hat tip Michael) ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 2:15 pm ET
From DataQuick: Bay Area home sales drag along bottom, median price back to 2005 level Bay Area home sales ended 2007 at a more-than 20-year ...A total of 5,065 new and resale houses and condos ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 1:18 pm ET
The Philadelphia Fed Index was released today: Manufacturers See Weakening in Activity. Since the index was so weak, this gives me an excuse to plot a long term graph of the Philly index vs. ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 12:06 pm ET
Last July, OFHEO economist Andrew Leventis wrote: A Note on the Differences between the OFHEO and S&P/Case-Shiller House Price Indexes. The OFHEO note suggested that the primary reason for the difference between the national Case-Shiller ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 10:33 am ET
From Fed Chairman Ben Bernanke's Testimony to Congress: The economic outlook. Here are his comments on possible fiscal stimulus: A number of analysts have raised the possibility that fiscal policy actions might usefully complement monetary ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 9:49 am ET
PR from Ambac: Ambac Financial Group, Inc. (NYSE: ABK) (“Ambac”), the parent company of Ambac Assurance Corporation, today commented on a January 16, 2008 announcement by Moody’s Investors Service that it has placed Ambac Assurance ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 9:32 am ET
From the WSJ: Merrill Lynch Swings to Loss Amid Deep Write-Downs Lynch & Co. matched Citigroup Inc.'s massive fourth-quarter net loss, as the company recorded a total of $16.7 billion in losses related to ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 17, 2008 at 9:19 am ET
The Census Bureau reports on housing Permits, Starts and Completions.Seasonally adjusted permits fell: Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,068,000. This is 8.1 percent ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 11:16 pm ET
From the WSJ: Las Vegas Default Highlights Commercial-Property Crunch The credit crunch ... is starting to bite commercial projects, too.Yesterday ... the developer of a twin-tower casino resort in the heart of Las Vegas, defaulted ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 11:05 pm ET
From Moody's (no link): Moody's has placed the ratings of Ambac Assurance Corp. and Ambac Assurance UK on review for possible downgrade. Moody's has also placed the ratings of Ambac Financial Group, Inc. ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 5:42 pm ET
From Bloomberg: S&P Will Review Bond Insurers With New Assumptions Standard & Poor's will re-examine the AAA credit ratings of bond insurers including MBIA Inc. and Ambac Financial Group Inc. after deciding that the housing ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 4:07 pm ET
Remember when the credit problems were contained to subprime mortgages? From Greg Ip in July 2007: "Despite fears in the markets and press that subprime problems would trigger broader contagion, the Federal Reserve has repeatedly ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 2:56 pm ET
Remember those surplus notes that MBIA sold yielding 14%? See: "How many other AAA rated companies are raising money at 14%?"I guess a 14% yield isn't enough anymore, from Reuters: MBIA's Surplus Notes Plunge to ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 2:19 pm ET
I recommend this article from the Sunday New York Times magazine The Education of Ben Bernanke, by Roger Lowenstein. It is long, but well worth reading. “I think Bernanke is in a very difficult ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 12:55 pm ET
Click on graph for larger image.The NAHB reports that builder confidence was at 19 in January, up from a revised 18 in December. Confidence in January would have been at a record low without ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 11:30 am ET
Tanta previously noted that Downey announced they were restating their Non-Performing Assets (NPAs). Here is the graph of the new percentages from the Downey Financial 8-K released yesterday. Click on graph for larger image.Update: added ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 11:25 am ET
From the Wall Street Journal:In some cases, servicers are telling borrowers they will take 10 cents on the dollar to settle their claim, says Micheal Thompson, director of the Iowa Mediation Service, which runs a ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 9:52 am ET
Quote of the day:“For all consumer credit and I think we've pointed out consistently that we see in auto, home equity, subprime, credit card, that where home prices are down, delinquencies, charge-offs are going up, ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 8:27 am ET
PR from Ambac: Ambac Announces Capital Enhancement Plan to Raise in Excess of $1 Billion Ambac Financial Group ... today announced ... the issuance of at least $1 billion of equity and equity-linked securities. ... ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 16, 2008 at 8:22 am ET
From the WSJ: J.P. Morgan Posts 34% Fall in Net On Subprime-Related Write-Downs J.P. Morgan Chase & Co.'s fourth-quarter net income fell 34% as the company recorded $1.3 billion in markdowns on subprime positions and ... ( more)
From Calculated Risk - view blog entries - visit this blogJanuary 15, 2008 at 11:51 pm ET
From Housing Wire: Get Ready For More Downgrades: S&P Revises RMBS Ratings Assumptions (Again) S&P said it has revised the assumptions it uses for the surveillance of U.S. residential mortgage-backed securities (RMBS) — chief among ... ( more)
Items 1,150 - 1,174 of 1,536 
|
|