Tag Archives: Yves Smith

Mortgage Settlement Plan is More Bank Bailout

Guest Author: Yves Smith, author of the best seller “Econned” and founder of the widely read blog Naked Capitalism, where this article first appeared with the title:  Quelle Surprise! Taxpayers Will Be Paying for Part of Mortgage Settlement The whole … Continue reading

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FDIC’s Frank-Dodd Fantasy

The FDIC has released a document that purports to show how it could have successfully resolved Lehman Brothers using its new Title II resolution authority granted under Dodd Frank.

All I can say is that this is an interesting piece of creative writing. The Lehman counterfactual rests on a series of assumptions, which as I will discuss shortly, look pretty questionable.
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Mortgage Problems – Yves Smith Interview by Harry Shearer

This interview is informative and interesting to those who have followed the mortgage crisis closely as well as to those to whom it is new. Continue reading

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Servicer-Driven Foreclosures: The Perfect Crime?

Wide spread mortgage service fraud is adding to the foreclosure problem. Abuse in this area is pervasive and has been going on for a long time. Continue reading

Posted in Banking News, Home Sales and Home Prices | Tagged , , | 4 Comments

Yves Smith on BNN

This post provides a link to Yves Smith explaining the foreclosure/mortgage mess on BNN. Continue reading

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The Mortgage Mess

For more than three months Yves Smith has written daily on the unfolding foreclosure documentation crisis at Naked Capitalism. She has written this exclusive summary of her work for GEI. Continue reading

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What Does a Foreclosure Moratorium Mean for the Housing Market?

A foreclosure moratorium could have a complex effect on residential real estate markets. Housing sales could decline but prices could rise at first. Later sales could rebound and prices drop. Continue reading

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Defensive Medicine: A Non-Factor in Escalating Health Care Costs?

A new study suggests that “defensive medicine” and malpractice insurance costs are much less that has previously been thought. Continue reading

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