A report from the Telegraph. "Almost half of America’s 4,800 banks are already burning through their capital buffers. They may not have to mark all losses to market under US accounting rules but that does not make them solvent. Somebody…
A report from the Wall Street Journal. "Mark Calabria, who heads the Federal Housing Finance Agency, is resisting pleas for help from lenders seeking relief as millions of Americans stop payments on their home loans, sending tremors through the $11…
It's Friday desk clearing time for this blogger. "Nearly a quarter of Denver-area residents looking for a home on Redfin are conducting their searches outside the metro area. That probably would be just another number, except that metro Denver’s housing…
A report from Bisnow on California. "Speakers at Bisnow's Silicon Valley Construction & Development Forecast event last week had differing opinions on just how dire the construction cost situation is. 'We're in a unique bubble in the Bay Area' said…