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Loan Modification
: Mortgage Lender Implode-o-MeterOptimistic Unemployment and Housing Forecasts Looking Downright Silly
By Implode-Explode Heavy Industries
Economics may be the "dismal science" but economists as a group sure seem to be an optimistic lot. Yes, there are a handful of "doomers" like Nouriel Roubini but most economists did not see the recession coming until it was already 10 months old.
Let's take a look at all the Fed's adverse assumptions for the recently conducted "stress-free test" as laid out in the Fed's Stress Test White Paper.
Full post as published by Mortgage Lender Implode-o-Meter on June 07, 2009 (boomark / email).
Fair Housing Act
Prevent discrimination by landlords
KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.
Apartment Appointment
Pine Properties Inc. pays $158,000 housing discrimination settlement.
Disability Access
Developers pay $175,000 settlement for failing to comply with the Fair Housing Act.
Housing Inmates
City of Renton pays Yakima County $1.7 million settlement.
Housing Buyer Discrimination
White homeowner settles $30,000 buyer-discrimination lawsuit.

After 09 Housing Bottom, Builders Optimistic for 10
POLITICO: Some economists warn Barack Obamas economic predictions too optimistic. President Bara
Forecasts for the UK economy A comparison of independent forecasts January 2009
Some Good Bad News on Unemployment
Unemployment Reaches 8.5 Percent
The Free Fall Continues; Unemployment Hits 7.2%







