Employment Report: More Positives than Negatives
There were positives and negatives in the November employment report, and I'd like to start with two clear positives. First, seasonal retail hiring was very...
Author : Calculated Risk
LPS: Mortgage Delinquency Rates decreased in October
LPS released their Mortgage Monitor report for October today. According to LPS, 7.03% of mortgages were delinquent in October, down from 7.40% in September,... down...
Lawler: Single Family REO inventories down 21.7% in Q3
The following graph is from economist Tom Lawler and shows the total REO for Fannie, Freddie, FHA, Private Label (PLS) and FDIC insured institutions. This...
FDIC reports Fewer Problem banks, Total REO Declines in Q3
The FDIC released the Quarterly Banking Profile for Q3 today. "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate...
Report: Germany to eventually consider Greek Losses
From the Financial Times: Merkel prepared to consider Greek losses "If Greece one day handles its revenues again without taking on new debt, then we...
House Prices: Case-Shiller to turn negative month-to-month seasonally in October
I expect the Case-Shiller Composite 20 Not Seasonally Adjusted (NSA) index to decline month-to-month in October. This will not be a sign of impending doom...
Summary for Week Ending Nov 30th
Summary for Week Ending Nov 30th by Bill McBride on 12/01/2012 11:59:00 AM Overall the economic data was weaker than expected last week, even the housing data. New home...es...
Schedule for Week of Dec 2nd
Note: I'll post a summary for last week later today. The key...ort next week is the November employment...ort to be released on Friday. Other key...orts include...
Fannie Mae, Freddie Mac Mortgage Serious Delinquency rates declined in October
Fannie Mae reported that the Single-Family Serious Delinquency rate declined in October to 3.35% from 3.41% September. The serious delinquency rate is down from 4.00%...
Friday: October Personal Income and Outlays, Chicago PMI
A couple of articles on the fiscal slope negotiations: Suzy Khimm at the WaPo has the initial White House proposal: The White House’s fiscal cliff...