Includes mortgages already delinquent before they were swept under the big federal rug of extend-and-pretend forbearance programs.
Over 30 million people lost their jobs between mid-March and mid-May. But the wealth of America’s 600+ billionaires ballooned by $434 billion. How did this happen?
Mortgage lobby throws hissy-fit over Fannie Mae’s & Freddie Mac’s new 0.5% “Adverse Market Refinance Fee,” which was a “result of risk management and loss forecasting precipitated by COVID-19 related economic and market uncertainty.”
Here are the details on its purchases and holdings in July.
Consumer debt to GDP spikes, but why did credit card balances plunge and new delinquencies decline?
All kinds of weird records are being broken. But it’s scheduled to expire, and then what?
“Companies from outside the euro zone are setting up vehicles to issue debt in euros and thereby qualify for the ECB’s purchase programs.”
“Extend and Pretend” forevermore. Transcript of my podcast.
“Extend and Pretend” forevermore?
It wants to know: Why was YRC even bailed out? And why was the taxpayer put at so much risk? What’s going on here?