Is it a short-term bubble? Neal Hudson, a housing analyst for Savills, refers to the "potential for irrational exuberance" but also says his company is about to revise its five-year forecast of house price inflation (18% in the UK, 25% in London …
Five independent technology experts interviewed by Reuters believe the system's architecture is flawed, highlighted by the reality that many of the automatic functions emulate what occurs when computer hackers initiate a distributed denial of service …
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In her first public remarks on housing finance reform, Warren laid out her vision for overhauling the system after the subprime meltdown, and emphasized that Congress should ensure mortgages remain affordable across the middle class, calling it the …
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of long-term asset prices, a hot topic since the collapse of the US housing market bubble prompted a global financial meltdown.
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Ever since the collapse of the housing bubble, local officials around the country have had to deal with a massive problem of homes effectively abandoned by banks and other absentee owners. With the direct and indirect costs of this neglect running into …
In her first public remarks on housing finance reform, Warren laid out her vision for overhauling the system after the subprime meltdown, and emphasized that Congress should ensure mortgages remain affordable across the middle class, calling it the …
Is it a short-term bubble? Neal Hudson, a housing analyst for Savills, refers to the "potential for irrational exuberance" but also says his company is about to revise its five-year forecast of house price inflation (18% in the UK, 25% in London …
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In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very crisis? Th…
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Financial reports uk Financial reports us financial digest.
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Robert Shiller, who predicted the bursting of the tech and housing bubbles, now calling the bond market “dangerous”? He shares his views and advice on the s…
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Florida was hard hit when its housing bubble burst in 2007—ahead of the national meltdown that triggered the financial crisis and subsequent recession. When its economy imploded in 2008 and 2009—unemployment …
JP Morgan Chase to pay $13 billion for financial meltdown. WASHINGTON, D.C. (NEWSCHANNEL 3) – J.P. Morgan Chase has settled on an amount to pay for the role it played leading up to the so-called housing crisis and …
Sheldon Richman Revisits The Housing-Financial Meltdown. Credit: celesteh-Foter-CC-BYFive years after the housing and financial meltdown, self-styled progressives are still peddling their pseudoexplanation: that it was …
How Alan Greenspan Destroyed America Alan Greenspan will go down in history as the person most responsible for the enormous economic damage caused by the housing bubble and the subsequent collapse of the market.
On the other hand, there are those who are convinced our market is an unmistakable housing bubble and expect an eventual significant drop in house prices which will leave ugly, rich property investors nursing heavy losses.
Overly strict standards that are preventing credit-worthy borrowers from obtaining home loans could hit the U.S. harder than losses caused by the housing meltdown, said Lewis Ranieri, “father” of the securitized mortgage market, at an industry event in …
Five years after the U.S. financial crisis forced the massive government TARP bailout, the U.S. corporate culture remains toxic and breeding crime, the watchdog for the bailout program said Tuesday. More than 300 people in the banking, housing and …
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In a 2010 interview on "60 Minutes," banking analyst Meredith Whitney predicted a financial meltdown of state and municipal governments and said, "next to housing, this is the single most important issue in the United States and certainly the largest …