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  1. awgee_IHB

    Economic Commentary

    <em> "Our analysis indicates that the sources of financial instability that triggered financial crises in emerging-market countries in recent years are just not present in Iceland, so that comparisons of Iceland with emerging-market countries are misguided." Financial fragility was not a...
  2. awgee_IHB

    Home prices will keep going down until...

    <em>WASHINGTON, D.C. (November 12, 2009) ? The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 6, 2009. The Market Composite Index, a measure of mortgage loan application volume, increased 3.2 percent on a seasonally...
  3. awgee_IHB

    Home prices will keep going down until...

    <em>New report from mortgage insurer PMI Group on potential home-price stability in major U.S. markets lists Orange County as tied for having the highest risk of future home value depreciation.</em> Using Lansner as a source is distasteful, but ... <a...
  4. awgee_IHB

    Economic Commentary

    An economics professor at a local college made a statement that he had never failed a single student before, but had failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then...
  5. awgee_IHB

    I am a home owner too..

    Congratulations on your purchase. I hope your home brings you peace and contentment.
  6. awgee_IHB

    From Foreclosuretruth.com (Foreclosureradar.com's blog)-There is no shadow inventory (and no politcal will to foreclose)

    <em>Foreclosure inventories continued their upward climb. The nation's September 2009 foreclosure rate stood at 3.12 percent - a month-over-month increase of 2.6 percent and a year-over-year increase of 88.9 percent. Among individual states, Florida posted the most troubling results with 10.4...
  7. awgee_IHB

    Economic Commentary

  8. awgee_IHB

    Should I co-sign a house for my parents? Help!

    I do not know what you should do. I would ruin my credit for my parents. But then, I would do just about anything for my parents as long as it did not have negative effects on my own children.
  9. awgee_IHB

    From Foreclosuretruth.com (Foreclosureradar.com's blog)-There is no shadow inventory (and no politcal will to foreclose)

    This from <a href="http://www.calculatedriskblog.com/2009/11/first-american-corelogic-economist.html">Calculated Risk</a>: <em>"The reason REOs have declined is that flow of distressed properties into REO has been artificially restricted due to local, state and GSE foreclosure...
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