Some Ugly Truths BOFI Fans Do Not Want to Hear
The reality is you are getting a 2005-style jumbo mortgage lender (with other odd high risk loans) funded primarily by high cost brokered deposit.”
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
MREITS
What America Can Learn from Germany’s Housing Policy
What’s truly interesting is that many of the lessons Germany can teach us run counter to our current economic wisdom. One of the most striking differences is in housing policy.
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Down Go the MREITs
My prediction is that Annaly is very close to the death spiral and American Capital Agency will soon follow it
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Real Estate Bubble on the Coasts
The difference is that this real estate boom is confined to specific parts of the country; it is not happening on Main Street, and the middle class is not participating.
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