Results tagged “Housing” from Dealbreaker
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The Trouble With Appraisal Reform
May 29, 2009, 1:45pm
Posted by Equity Private
The story of appraisal hasn't gotten much play in the housing crisis narrative, and this is a significant oversight. Several reports on IndyMac highlighted issues with appraisal, but for whatever reason none of them ignited into anything throwing of heat....
Let It Fall (But Get Out Of The Way)
Feb 20, 2009, 1:26pm
Posted by Equity Private
Reuters-blogs (yes, Reuters has blogs like everyone else) is running a James Saft op-ed piece today that bears a stinging but cogent message: Let Housing Crash. Ok, it might be a bit late, housing already has crashed, but supporting a...
Rush To The Exits
Feb 19, 2009, 1:06pm
Posted by Equity Private
Megan McArdle throws a wrench in the running gears of foreclosure assistance with her "lunatic proposal for the day." Specifically: ...why not make it easier to move homeowners out of homes they can't afford? Set up a streamlined foreclosure proceeding...
The Pete Peterson Hook Up
Aug 27, 2008, 4:12pm
Posted by Bess Levin
We've always wanted to be friends with Blackstone co-founder Pete Peterson because he's sure to have some side-splitting tales about watching Steve Schwarzman try to masturbate and/or sleep in a water bed, two activities which, anatomically speaking, are damn near...
Short Selling Wizard Closes On East Side Tower
Aug 26, 2008, 12:51pm
Posted by Bess Levin
Cityfile reports that Jim Chanos has closed on a triplex at 3 East 75th Street (neighbors!). Chanos paid $20.365 million two months ago for the 7,800 square foot space. In the same way that rich people often have so many...
The News From Case-Shiller: No Bottom In Sight
Jun 24, 2008, 9:33am
Posted by John Carney
The Case-Shiller home-price index fell in all twenty metro regions studied, the first time the index has measured a decline on a year over year basis in every market. The average decline in April was 15.3%, setting the record for...
