Unofficial Problem Bank list declines to 488 Institutions
This is an unofficial list of Problem Banks compiled only from public sources.Here is the unofficial problem bank list for June 20, 2014. Changes and...
Author : Calculated Risk
Mortgage News Daily: Mortgage Rates Down Year-over-year on June 20th
I use the weekly Freddie Mac Primary Mortgage Market Survey® (PMMS®) to track mortgage rates. The PMMS series started in 1971, so there is a...
Fed: Q1 Household Debt Service Ratio at Record Low
The Fed's Household Debt Service ratio through Q1 2014 was released this morning: Household Debt Service and Financial Obligations Ratios. I used to track this...
BLS: Rhode Island only State with Unemployment Rate above 8% in May
From the BLS: Regional and State Employment and Unemployment SummaryRegional and state unemployment rates were generally little changed in May. Twenty states had unemployment rate...
Merrill Lynch: Inflation: bump up or bust out?
There are some key questions about inflation right now. Will the recent pickup in inflation continue? Or was it just "noise" (As Fed Chair Janet...
Thursday: Unemployment Claims, Philly Fed Mfg Survey
Fed Keeps Rates Unchanged, Sees Eventual Rise in 2015, 2016The Fed also said it would reduce monthly purchases of mortgage and Treasury bonds by another...
Lawler: Early Look at Existing Home Sales in May
From housing economist Tom Lawler:Based on local realtor/MLS reports across the country, I estimate that US existing home sales as measured by the National Association...
FOMC Projections and Press Conference
Statement here ($10 billion in additional tapering as expected). As far as the "Appropriate timing of policy firming", participant views were mostly unchanged (12 participants...
MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications decreased 9.2 percent from one week earlier, according to data from the Mortgage...
Tuesday: Housing Starts, CPI
A reminder of a friendly bet I made with NDD on housing starts in 2014 (I've already "won", and NDD made a donation to the...