Tag Archives: financial crisis

Like Real Estate And Mortgages Before, NYC Taxi Medallion Prices Crash!

nyc taxi medallions crash

Some old adages for investing go that ‘nothing goes up in a straight-line’, that ‘you don’t want to be the last one standing when the music stops’ and that ‘bulls and bears make money but pigs get slaughtered’! Investors in real estate and mortgages learned this lesson the hard way heading into, and then following, the […]

Wells Fargo: Systemic Problems Or A Bank That’s Simply Too Big To Be Run Well?

is wells fargo a criminal enterprise?

Is the Wells Fargo bogus bank account fiasco a one-off problem or symptom of a systemic problem with the way in which the bank is being run? Well the truth is that whether the problem at Wells Fargo is an ongoing and systemic one or simply a matter of a bank with business interests so […]

Is The US Real Estate Market Facing A New, Post-Financial Crisis, Chapter Of Moral Hazard?

housing market moral hazard

With the US housing market having recouped most of its pre-financial crisis price levels (exceeded in some markets) in conjunction with the Federal Reserve having engaged in ZIRP (zero interest rate policy) for an extended period of time, is the market once again facing a moral hazard? First, how would one define moral hazard vis a vis the real […]

Real Estate Links: Housing, Subprime, Luxury Travel, Appraisal Discrepancies And More!

breaking real estate news

Summary: Did you know about… The state of the housing market post-financial crisis, subprime lending making a comeback, the Top 10 luxury hotel suites from around the world or why the opinions of real estate appraisers seem so often to vary widely from the opinion of value that’s in the mind of the property owner. This […]

Real Estate: Going Up Or Going Down?

Summary: In the game of musical chairs no one wants to be the last one standing when the music stops! That said, at what point of the song is this real estate cycle at? Billy Joel: ‘Cause the good ole days weren’t always good and tomorrow ain’t as bad as it seems!’ In the early […]

Free Lunch – This Time It’s Different or History Repeats Itself?

2008 financial crisis

Summary: With easy money coming back into the market, borrowers who should not be borrowing getting loans and the economy at a tipping point is the history of the financial crisis about to repeat itself? Will the return to ‘easier’ lending practices in markets spanning mortgages, student loans and used cars pose a problem? Problem for the […]

Pssst…Hey Buddy, You Want A Student Loan?

student loan delinquency rate

Summary: Like in the ‘good old days’ of the housing market when for some borrowers to qualify for a loan they needed to show a pulse…Has the same thing occurred in the student loan market? After examining used car leasing, mortgage markets and the potentially poor lending practices that could lead to a meltdown… The student […]

Pssst…You Want To Buy A Car?

subprime

‘Are ‘Almost’ Subprime Mortgages And Used Car Loans A Canary In The Coal Mine?’ Having lived through the lending environment that led to ‘The Big Short’, one has to wonder whether we are heading back in the same direction! George Santayana (circa early 1900’s): ‘Those who cannot remember the past are condemned to repeat it.‘ […]

Debt? It’s Good To Be A Country!

In an investment some debt or leverage can be good but, at some point, it can become all-consuming and impossible to repay! Think about what happened to homeowners who had a variable-rate mortgage, also known as debt or leverage, when mortgage rates began to rise and the value of the asset fell. If their income stayed […]

CoreLogic January 2016 National Foreclosure Report!

foreclosure

Courtesy of CoreLogic, this article contains most everything you wanted to know about U.S. residential property foreclosures! The report was created by, and is posted with, the permission of CoreLogic, a data and analytics company. The January 2016 National Foreclosure Report shows the foreclosure inventory declined by 21.7 percent and completed foreclosures declined by 16.2 percent compared with January […]