Take a look at most any financial news today, and you’ll see the word “bubble” bouncing around. There’s the possibility of a student loan bubble, an interest rate bubble driven by the Fed’s bond buyuo, and so on. And of course where there’s a bubble, there’s also a...
For some time we’ve been reporting in this space about the emerging crisis in student loan debt and its impact on various sectors of the economy – including housing. And because the student loan situation so closely parallels the events of the 2008 housing collapse,...
Combine federal manipulation of interest rates, tighter standards for mortgage lending and a surge in subprime loans, and what do you get? A blend of mixed messages and conflicting goals that leaves financial experts and homebuyers alike scratching their heads. And,...
The rollercoaster ride of quasi-federal mortgage lending superagencies Fannie Mae and Freddie Mac hit the down slope after an unprecedented climb that saw stock prices for both these institutions gaining up to 150 percent in previous weeks. Now, as stocks fell by as...
As if a multibillion-dollar settlement on fraud charges and bad press about the handling of payouts from that settlement weren’t enough, major US lenders caught in bad behavior after the housing collapse are now facing new accusations of that same bad behavior. Now,...