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The common definition of Shadow Inventory I have seen is "Shadow inventory is housing units that are not making it onto the public market for one reason or another." So would I count those homes being leased as Shadow inventory I would say yes. Banks are not in the property management...

I can only make assumptions I can't see where the account for the 5 year ones. Assume the loans were made in 05-06 they wouldn't reset until 10 and 11. I am assuming Credit Suisse saw most were making the lowest payment acruing negative amororization that would cap sooner then the 5 year...

<strong>Old Projection of resets</strong> <img src="http://www.butthenwhat.com/wp-content/uploads/2009/04/option-arm-resets.jpg" alt="" /> <strong>New Projection of resets</strong> <img src="http://www.butthenwhat.com/wp-content/uploads/2009/04/option-arms.jpg" alt="" />

<blockquote>Thanks for clearing that up. Do you know what the unsecrutized number is now? As Graphrix has pointed out, these loans are defaulting before recast, probably due to negative equity. It's virtually certain that a lot of the damage is being front-loaded in time and the number...

<blockquote>Unfortunately, the president is not a CEO. CEOs are more like dictators as they can do pretty much anything without board approval. Presidents on the other hand have no legislative powers, just powers of persuasion when it comes to making laws. Since the donut and subsidy were the...

Here is an arguement against the government running our healthcare. <blockquote>Already we've estimated that two-thirds of the cost of reform can be paid for by reallocating money <strong>that is simply being wasted in federal health-care programs.</strong> This includes over $100 billion...

I think it was a bold move. I also am leaning toward believing it was more planned and calculated then Wilson is letting on. In a brief moment with two words "you lie" he has had more press coverage then almost any republican since Obama threw his hat into the Presidential Race...

<blockquote>Well, this thread proves how monumentally closed-minded you are.</blockquote> How does this thread prove that. I was actually being open minded I really wanted to see your perspective in full instead of piecing it together bit by bit. <blockquote>I don't recall predicting...

I want to open a thread to give you an opportunity to express your views and theories on the direction the housing market will go. One of the reasons I have continued to read this blog is the well thought out Blog posts by IR and the other interesting verifiable information I get from other...

You sound like this guy... <blockquote><strong> "While local economies may experience significant speculative price imbalances, a national severe price distortion seems most unlikely."</strong> </blockquote> That quote is from Alan Greenspan in October of 2004 regarding a housing bubble.