Commentary: FAS 140, Bloomberg Columnists, and the Truth

Fitch: Alt-A Mortgages Deteriorating More Rapidly than Expected Fitch: slower uae islamic Bank Growth Will Weaken Asset. – (The following statement was released by the rating agency) DUBAI/LONDON, February 27 (Fitch) A slowdown in Islamic financing growth in the UAE will reveal a deterioration in banks’ asset quality.

 · Wells Fargo’s Balance Sheet: Scaring the Horses Mish Moved to MishTalk.Com Click to Visit. This look at Wells Fargo (WFC) strangely begins with an investigation into 3.875% mortgage loans – fixed for 30 years – offered by Arbor Custom Homes near Portland Oregon.

REITs earn spotlight in the new year After upgrading the facilities, Link Reit has been able to make a big profit by hiking rents at double-digit rates every year, thus boosting its stock. hurdle In other estates sold by Link Reit,S&P/Case-Shiller shows new low for home prices in 1Q Commentary: FAS 140, Bloomberg Columnists, and the Truth.

You could. Or you could read this – and watch a blogger lose a gasket over SFAS 140. (I’d say it’s like watching Cramer go postal, but I can’t, because Tanta over at Calculated Risk actually knows.

Bloomberg hired a dynamic young editor, Josh Tyrangiel, to take charge, and the rebranded Bloomberg Businessweek has emerged as better and buzzier. But it continues to lose about $30 million a year.

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Review finds FHA mortgage insurance fund short $13.5 billion FHA provides mortgage insurance on single family mortgage loans made by FHA-approved lenders throughout the United States and its territories. fha remains active and viable in all markets during times of economic disruption, playing an important counter-cyclical role until private capital returns to its normal levels.

Jonathan Weil at Bloomberg became downright hysterical on the subject in "Subprime Mess Fueled by Crack Cocaine Accounting":On May 30, the board said it will look hard at eliminating the concept of off-balance-sheet trusts — called qualifying special purpose entities, or QSPEs — from Statement 140 entirely.

Revenge of the Nerds: QSPEs an Endangered Species. The MBA had argued that servicers could not capably take on FAS 114 assessments in light of the number of loans involved. By all media accounts, the FASB board didn’t just turn down the request — they pretty much shafted it, and got snarky in the process.

From bloomberg opinion today: merger, she wrote. A pair of notable deal-related . Stag party. A whiff of stagflation in the heavy summer air? Recap July 12.

LPS: Home prices could skyrocket 35% without affecting affordability Rand Paul: "Blow Up the Tax Code and Start Over" – I would also apply this uniform 14.5% business-activity tax on all companies-down from as high as nearly 40% for small businesses and 35% for corporations. This tax would be levied on revenues minus.

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Monday Morning Cup of Coffee: Goldman Sachs economist predicts greater housing gains More on the Bailout: Tripping on the Trigger Recently, my microwave has been tripping the circuit breaker. – Recently, my microwave has been tripping the circuit breaker in the fuse box. It started about a week ago and has been tripping more frequently lately. It also is the only item on this particular circuit.The Zeitgeist – 5.13.2019 – Macro – Every morning, we run the Narrative Machine on the past 24 hours worth of financial media to find the most on-narrative (i.e. interconnected and central) stories in financial media. It’s not a list of best articles or articles we think are most interesting. often far from it. But for whatever reason these are articles that are representative of some sort of chord that has been struck in.More on the Bailout: Tripping on the Trigger How to Fix a Tripping GFI Outlet For a Refrigerator or Freezer – "How to Fix a Tripping GFI Outlet For a Refrigerator or Freezer" Comments Posted here are Open for Quality Discussion and Participation. PLEASE NOTE: WE DO NOT PUBLISH 3RD PARTY SPAM COMMENTS, TRACK-BACKS OR LINKS.

FAS 140 (as issued). By clicking on the ACCEPT button, you confirm that you have read and understand the FASB Website Terms and Conditions.