links for 2007-08-14
-
Economics Blog : Fed Survey Finds Tighter Lending Standards, Less Demand
“the Federal Reserve said many more U.S. banks are tightening their standards for subprime and nontraditional mortgages. Meanwhile, demand for many types of commercial and consumer loans has weakened in the past three months”
-
Angry Bear – The Dukes of Moral Hazard
“We already have a collapsing RE bubble – worse in some places than others – but compounding the asset bubble with mortgage difficulties may prevent markets from clearing. What happens when only “Prime” borrowers with nice down payments can get mortgage?”
Articoli correlati:
