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Housing Sales Start To Tank As Suprime Auto Loan Delinquencies Soar

by irdadmin | Mar 23, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Note:  For the record, I am expecting the possibility that the new homes sales report for February released today will show an unexpected spike up.  For the past several months, there’s been what I believe to be a pre-meditated pattern in which the existing home...

A Warning Signal For The Housing Market

by irdadmin | Feb 2, 2016 | Financial Markets, Housing Market, U.S. Economy

PennyMac (PFSI) is a mortgage finance company that describes itself as  a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments...

A Quick Note On Today’s Existing Home Sales Report

by irdadmin | Jan 22, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

What about the biggest rise in existing home sales on record in December? These guys are offending my sensibilities. By virtue of all the fake statistics and bogus market action, there has to be something seriously wrong right now.  –  John Embry email to IRD...
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