Comments on: The Crack of Doom – Week of May 28, 2007 http://housingdoom.com/2007/05/28/cdoom-28may07/ Fri, 18 May 2012 02:39:21 +0000 hourly 1 http://wordpress.org/?v= By: John M. http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5409 John M. Thu, 31 May 2007 11:56:59 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5409 Jan-Martin (comment #17) - Doom was actually first up with Luminent's extraordinary press release. Aaron's <a href="http://ml-implode.com/" rel="nofollow">Implode-O-Meter</a> team spent a considerable time analyzing the amazing comparison charts of Alt-A industry delinquency experience before deciding to post the link. Here's their take ...<blockquote>2007-05-30: <a href="http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-29-2007/0004597077&EDATE=" rel="nofollow">Under Alt-A's Skirt</a> - <em>This Luminent offering report gives a snapshot of the condition of most of the major players in the secondary market. Of note: Lehman and Bear Stearns rank at the top of hybrid Alt-A delinquencies with numbers in the range of 7-9%, and Countrywide tops out pay option Alt-A delinquencies with just over 2% (remember these are loans people don't have to fully pay each month!)</a></blockquote> Jan-Martin (comment #17) -

Doom was actually first up with Luminent’s extraordinary press release. Aaron’s Implode-O-Meter team spent a considerable time analyzing the amazing comparison charts of Alt-A industry delinquency experience before deciding to post the link. Here’s their take …

2007-05-30: Under Alt-A’s Skirt – This Luminent offering report gives a snapshot of the condition of most of the major players in the secondary market. Of note: Lehman and Bear Stearns rank at the top of hybrid Alt-A delinquencies with numbers in the range of 7-9%, and Countrywide tops out pay option Alt-A delinquencies with just over 2% (remember these are loans people don’t have to fully pay each month!)

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5408 jan-martin feddersen Thu, 31 May 2007 10:35:11 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5408 U.K. Home-Loans Drop as Credit Reaches Decade-Low http://www.bloomberg.com/apps/news?pid=20601087&sid=alD34aOtCLP0&refer=home U.K. Home-Loans Drop as Credit Reaches Decade-Low

http://www.bloomberg.com/apps/news?pid=20601087&sid=alD34aOtCLP0&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5407 jan-martin feddersen Thu, 31 May 2007 08:58:33 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5407 Luminent Mortgage Capital Provides Seasoned Loan Level Credit Performance Relative to Alt-A Industry Metrics hat tip aaron http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-29-2007/0004597077&EDATE= Luminent Mortgage Capital Provides Seasoned Loan Level Credit Performance Relative to Alt-A Industry Metrics

hat tip aaron

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-29-2007/0004597077&EDATE=

]]> By: John M. http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5406 John M. Wed, 30 May 2007 12:11:51 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5406 Jan-Martin (comment #15) - Looks like our brothers to the South could use a bit of disengagement too. Jan-Martin (comment #15) -

Looks like our brothers to the South could use a bit of disengagement too.

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5405 jan-martin feddersen Wed, 30 May 2007 11:39:12 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5405 Housing Slump, Crackdown Cut Flows, Hurt Mexican Peso http://www.bloomberg.com/apps/news?pid=20601109&sid=aUg9vSpGzzWg&refer=home Housing Slump, Crackdown Cut Flows, Hurt Mexican Peso

http://www.bloomberg.com/apps/news?pid=20601109&sid=aUg9vSpGzzWg&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5404 jan-martin feddersen Wed, 30 May 2007 10:28:15 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5404 A financial lesson from the jungle / a must see clip!!!!!!!! http://investmentpostcards.wordpress.com/2007/05/28/a-financial-lesson-from-the-jungle/ hat tip to barry ritholtz A financial lesson from the jungle / a must see clip!!!!!!!!

http://investmentpostcards.wordpress.com/2007/05/28/a-financial-lesson-from-the-jungle/

hat tip to barry ritholtz

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5403 jan-martin feddersen Wed, 30 May 2007 10:10:31 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5403 Taxpayers on the hook for $59 trillion http://housingpanic.blogspot.com/2007/05/pigs-fly-alert-usatoday-front-page.html Taxpayers on the hook for $59 trillion

http://housingpanic.blogspot.com/2007/05/pigs-fly-alert-usatoday-front-page.html

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5402 jan-martin feddersen Wed, 30 May 2007 09:03:59 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5402 peter schiff on chinas stock market / bloomberg interview this interview was shot yesterday before the 7% plunge just after the Chinese announced the trading tax increase.... the interview is more about the yuan and how the $ is toast... nice rant http://tinyurl.com/2rora8 peter schiff on chinas stock market / bloomberg interview

this interview was shot yesterday before the 7% plunge just after the Chinese announced the trading tax increase…. the interview is more about the yuan and how the $ is toast… nice rant

http://tinyurl.com/2rora8

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5401 jan-martin feddersen Wed, 30 May 2007 08:46:05 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5401 To the Barricades! Property Taxes Spur Revolts: http://www.bloomberg.com/apps/news?pid=20601039&sid=aW_n5gqdufVI&refer=home To the Barricades! Property Taxes Spur Revolts:

http://www.bloomberg.com/apps/news?pid=20601039&sid=aW_n5gqdufVI&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5400 jan-martin feddersen Wed, 30 May 2007 05:53:47 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5400 China Stocks plummet after stamp tax hike http://www.chinadaily.com.cn/china/2007-05/30/content_883249.htm China Stocks plummet after stamp tax hike

http://www.chinadaily.com.cn/china/2007-05/30/content_883249.htm

]]> By: John M. http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5399 John M. Tue, 29 May 2007 22:09:29 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5399 twist - This just in. Any guesses which development this is? <a href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aKQoeHb1MraI&refer=us" rel="nofollow">"U.S. Home Construction Bust May Last Until 2011"</a>, by Bob Ivry and Brian Louis, <em>Bloomberg</em>, May 29, 2007.<blockquote>Atlanta-based Beazer Homes USA Inc. was <strong>offering houses in the first quarter at a development about 44 miles outside Phoenix, Arizona, for $136,990, down 36 percent from the year- earlier price of $215,490</strong>, said Samantha Morris, senior consultant in Houston-based Metrostudy's Mesa, Arizona, office.</blockquote> twist -

This just in. Any guesses which development this is?

“U.S. Home Construction Bust May Last Until 2011″, by Bob Ivry and Brian Louis, Bloomberg, May 29, 2007.

Atlanta-based Beazer Homes USA Inc. was offering houses in the first quarter at a development about 44 miles outside Phoenix, Arizona, for $136,990, down 36 percent from the year- earlier price of $215,490, said Samantha Morris, senior consultant in Houston-based Metrostudy’s Mesa, Arizona, office.

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5398 jan-martin feddersen Tue, 29 May 2007 16:47:57 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5398 Bush on Global Warming / bush :-) http://immobilienblasen.blogspot.com/2007/05/bush-on-global-warming.html Bush on Global Warming / bush :-)

http://immobilienblasen.blogspot.com/2007/05/bush-on-global-warming.html

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5397 jan-martin feddersen Tue, 29 May 2007 13:16:29 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5397 U.S. home prices fall for first time in 15 years http://www.marketwatch.com/news/story/us-home-prices-fall-first/story.aspx?guid=%7B59A3F5AF%2DF0CD%2D4605%2D96D0%2D7AB199CEC681%7D U.S. home prices fall for first time in 15 years

http://www.marketwatch.com/news/story/us-home-prices-fall-first/story.aspx?guid=%7B59A3F5AF%2DF0CD%2D4605%2D96D0%2D7AB199CEC681%7D

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5396 jan-martin feddersen Tue, 29 May 2007 12:22:43 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5396 Home Construction Bust May Last Until 2011, U.S. Builders Say this is the same guy that said just 18 month ago there wion´t be problems...... http://www.bloomberg.com/apps/news?pid=20601087&sid=aKQoeHb1MraI&refer=home Home Construction Bust May Last Until 2011, U.S. Builders Say

this is the same guy that said just 18 month ago there wion´t be problems……

http://www.bloomberg.com/apps/news?pid=20601087&sid=aKQoeHb1MraI&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5395 jan-martin feddersen Tue, 29 May 2007 05:37:33 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5395 Tishman, Lehman May Buy Archstone for $12 Billion, People Say http://www.bloomberg.com/apps/news?pid=20601087&sid=aJb9C9ARWONU&refer=home Tishman, Lehman May Buy Archstone for $12 Billion, People Say

http://www.bloomberg.com/apps/news?pid=20601087&sid=aJb9C9ARWONU&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5394 jan-martin feddersen Tue, 29 May 2007 05:19:47 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5394 Short Sales Break Record on NYSE; Market Bulls Get More Bullish http://www.bloomberg.com/apps/news?pid=20601087&sid=ahMn3AUnD_CY&refer=home Short Sales Break Record on NYSE; Market Bulls Get More Bullish

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahMn3AUnD_CY&refer=home

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5393 jan-martin feddersen Tue, 29 May 2007 04:59:21 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5393 Futures: The Easiest Way to Play the Yen Carry Trade / Rodger Rafter http://rebalancing.blogspot.com/2007/05/futures-easiest-way-to-play-yen-carry.html Futures: The Easiest Way to Play the Yen Carry Trade / Rodger Rafter

http://rebalancing.blogspot.com/2007/05/futures-easiest-way-to-play-yen-carry.html

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5392 jan-martin feddersen Tue, 29 May 2007 04:02:59 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5392 China's Olympian stock-market sprint / juback http://articles.moneycentral.msn.com/Investing/JubaksJournal/ChinasOlympianStockMarketSprint.aspx?page=1 China’s Olympian stock-market sprint / juback

http://articles.moneycentral.msn.com/Investing/JubaksJournal/ChinasOlympianStockMarketSprint.aspx?page=1

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5391 jan-martin feddersen Mon, 28 May 2007 16:50:39 +0000 http://housingdoom.com/2007/05/28/cdoom-28may07/#comment-5391 ATA Truck Tonnage Index Falls 2.2 Percent in April http://www.truckline.com/NR/exeres/682A9991-69BF-4D3E-9B7F-6475466984D9.htm ATA Truck Tonnage Index Falls 2.2 Percent in April

http://www.truckline.com/NR/exeres/682A9991-69BF-4D3E-9B7F-6475466984D9.htm

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