by irdadmin | Mar 14, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Privately compiled and reported economic indicators started rolling over in 2012, which is why the Fed continued to “re-up” its money printing. With most S&P 500 companies having now reported Q4 2015 earnings, there’s been four consecutive years...
by irdadmin | Mar 1, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Debt creation behaves like printed money until the time at which the creditor demands to be repaid in full rather than extended through refinancing. The continuous expansion of debt is therefore no different than continuous money printing up to the point at which the...
by irdadmin | Feb 24, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The 14 percent quarterly decrease was fueled primarily by a 24 percent quarter-over-quarter decline in purchase originations — the biggest quarterly drop in purchase originations in more than five years, since the third quarter of 2010. – RealtyTrac EVERYTHING...
by irdadmin | Feb 3, 2016 | Financial Markets, Housing Market, U.S. Economy
There has been no improvement in underlying consumer liquidity conditions. Correspondingly, with no fundamental growth in liquidity to fuel increasing consumer activity, there is no basis for a current or imminent recovery in the housing market. – John Williams,...
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...
