Housing Meltdown

Suncorp sees Victoria flood claims rise  Yahoo Finance Australia

"In 2006, I went out and authored a letter with 24 other senators asking for major reform of Freddie and Fannie, warning of a meltdown and a bubble in the housing market," the former Pennsylvania senator he said. "I stood out …

For a half-decade before the meltdown, the middle class detected instability in its economic terrain. As the wealthiest took higher ground, the middle class felt lost in a widening valley bereft of opportunity. The Great Recession froze those middle …

First-time homebuyers and those with less-than-perfect credit histories still struggle to qualify for loans, a byproduct of the mortgage meltdown. But the lowest-risk buyers and refinancers have been enjoying loans at 4 percent or less in recent months …

Those Who Predicted the Economic Crisis now Giving New Warnings – MUST WATCH.

Lebanese judge issues travel ban for central bank governor  Arab News

The May foreclosure starts represented an 86 percent drop compared with the same month in 2012, and the first time since the state's housing meltdown started seven years ago that the number of foreclosures initiated fell below 250, Warren Group reported.

HSBC buys India’s L&T Mutual Fund for $425 mn  Ultra News

But more to the point, the housing “recovery” (i.e. bubble) is faltering because of the clogs in the lending system. The banks, the 20% down payments, the last minute cancellation of loans and other factors have discouraged the few remaining buyers …

Critics of the White House administration of Bush's brother, George W. Bush, say tougher oversight of banks and the U.S. housing market could have prevented the crisis or lessened its impact. But many critics of the 2010 law argue that instead of …

Thus the overall picture of the Australian housing bubble. Since the Financial Crisis, it has largely been driven by Sydney and Melbourne. When adjusted for inflation and quality improvements, the national average started …

The BroadsheetDAILY ~ 9/28/21 ~ Vacant FiDi Lot with Troubled History Bought by Developer Specializing in Below-Market Rents  ebroadsheet.com

Two convergent themes we've been keen on documenting this year are stagnant wage growth and the soaring cost of living. Needless to say, when housing prices rise inexorably but incomes remain stuck in the mud, the …

Whitehall must act on skills shortages – or see businesses driven into the ground  The Guardian

Newsom’s 2021 budget includes billions for California housing, homelessness  Pacifica Tribune

… Protection Bureau is working to prevent a repeat of the mortgage meltdown, and its new rules, which took effect this month, represent the CFPB's attempt to protect home buyers from some of the banking behaviors that planted the seeds the housing …

Donald Lambro,. Economist Peter J. Wallison, who lobbed a blistering attack on the government's Financial Crisis Inquiry Commission's findings, says another housing bubble is looming on the horizon. While the 2007-08 …

Dimensional Fund Advisors Ltd. : Form 8.3 – WILLIAM HILL PLC – Ordinary Shares  Yahoo Finance