In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal...
Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year, analysts who predicted...
Click on the image below to view the 43,634 properties in Detroit that were on the brink of foreclosure this year. This mosaic, created with images from Google Maps Street View, shows one of the many enormous challenges facing Detroit as it tries to climb out of debt....
LA Times – Orange County is the third-most-expensive housing market in the country, with two other chunks of the Southland ranking in the top 10. That’s according to a new report out Tuesday from the National Assn. of Realtors, which measured the median price of...
Jonathan J. Miller of the Bloomberg View reports the following article. The Aug. 9th shooting death of unarmed black teenager Michael Brown by a white police officer has roiled Ferguson, Missouri, thrusting it into the national spotlight. But what happens to the town...
The Bryan Ellis Investing Letter – However counterintuitive it might seem, research seems to indicate that high rents are preventing more would-be homeowners from actually purchasing homes, even if buying is more affordable than renting in their area. According...
