Newser – Apparently Fannie Mae and Freddie Mac feel enough time has passed since the subprime mortgage crisis: The government-supported mortgage guarantors say they’ll back mortgages with as little as a 3% down payment, CNN Money reports. Both agencies...
The Bryan Ellis Investing Letter – If you’re graduating from college these days, then you’re probably graduating under a mounting and increasingly-heavy pile of student loan debt. For some reason, however, that’s not slowing most student borrowers down....
The Bryan Ellis Investing Letter – More than a third (40 percent) of all real estate agents failed to close a single transaction during the first half of 2014, according to a newly-released realtor-productivity study of Multiple Listing Service (MLS) activity....
The Bryan Ellis Investing Letter – 16 Detroit telemarketers are on the run after being charged with operating a fraudulent telemarketing scheme that sold Detroit properties to nearly 300 victims in 46 states and Canada for as much as 30 times their actual...
Business Insider – What should a central bank do next when it already has 0% interest rates and arguably still faces the threat of Japanese-style deflation? If it’s the Swedish Riksbank, it should keep cutting, and do so soon, says Lars Svensson. Svensson...
Business Insider – Europe is in dire economic straits. Growth in the euro zone is stuck below 1%, unemployment is above 11% and inflation is hovering around 0.4%, far from the European Central Bank’s 2% goal and dangerously near outright deflation. This week the...
