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A report from Market Place. "Kai Ryssdal checked in with Vivian Gueler, CFO at Pacific Trust Group, a mortgage lender in Los Angeles. You said then that business for you had 'come to a screeching halt.' And one can only…
A report from Bloomberg. "After an abrupt end to the US housing boom, home flippers who were winning big just months ago are now racing to stem losses. It’s a swift turnabout for flippers such as Tammi Merrell, who’s stuck…
It's Friday desk clearing time for this blogger. "Tiffany Todd remembers exactly when the housing market changed. Around May 15, Todd, a real estate agent for TD Realty in Mansfield, put a home on the market in Aubrey and noticed…
It's Friday desk clearing time for this blogger. "'We aren’t crashing; we’re leveling out,' said Becky Enrico-Crum, the president of Boise Regional Realtors. 'We’re just trying to find out what that level price is. That’s what everybody is trying to…
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A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…
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A weekend topic starting with Mortgage Professional America. "'We were overpaid for a couple of years,' said Dan Lourenco, a loan consultant at Mortgage Navigators. 'and it was too easy. Now you have to work a little bit. This year,…