Category Archives: Fannie Mae
Doug Duncan: Even US Government Economists Predict Trouble Ahead
This report was originally published by Adam Taggart at PeakProsperity.com Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He’s worried about the rising cost of debt service as outstanding credit continues to mount at the same time interest […]
Doug Duncan: Even US Government Economists Predict Trouble Ahead
This report was originally published by Adam Taggart at PeakProsperity.com Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He’s worried about the rising cost of debt service as outstanding credit continues to mount at the same time interest […]
“Innovative Mortgages”: Lennar Lures Millennials With Offer To Repay Student Loans
Homebuilder Lennar has come up with a genius strategy to partially eliminate the massive bubble in student loans that has crippled recent graduates and forced them into a life devoid of the American dream of home ownership…it’s a “two birds with one stone” kind of solution. Yes, rather than struggle to make those monthly student […]
Fannie, Freddie Would Need $100BN Bailout In New Financial Crisis
While the latest Fed stress test found that all US commercial banks have enough capital to survive even an “adverse” stress scenario, a severe recession in which the VIX hypothetically soars to 70, the two US mortgage giants would not be quite so lucky: according to the results from the annual stress test of Fannie […]
Record Apartment Building-Boom Meets Reality: First CRE Decline Since The Great Recession
By Wolf Richter of WolfStreet Even the Fed put commercial real estate on its financial-stability worry list. No, the crane counters were not wrong. In 2017, the ongoing apartment building-boom in the US will set a new record: 346,000 new rental apartments in buildings with 50+ units are expected to hit the market. How superlative […]
Relax, There Is No Housing Bubble
Visit Full Archives At The Entry Points Three heavy hitters in real estate – Darius Bozorgi, Veros CEO, Mike Fratantoni, Mortgage Bankers Association chief economist, and Douglas Duncan, Fannie Mae chief economist – all agree, “There is no housing bubble“. These real estate experts are all in agreement, and they believe the relentless house price […]
GDXJ’s Epic Rebalance – It’s Knife-Catching Time
Authored by Kevin Muir via The Macro Tourist blog, Do you remember the opening scene of the movie Trainspotting? Renton tries to give up heroin. He decides to kick his junk habit cold turkey, and boards himself in his room. Even before he starts to feel the symptoms of withdrawal, Renton has ripped off the […]