This has to go down as one of those “what were they thinking moments” The “purpose” of the memo states: “Come to an agreed State Department position on the extent to which non-U.S. citizens will be admitted to the United States for treatment of Ebola Virus Disease.” The document goes on to discuss – and […]
Archive for October, 2014
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Ignore The Monthly New Home Sales Reports
Posted by Tom Lindmark on October 25th, 2014
Per the Commerce Department: Sales of new single-family houses in September 2014 were at a seasonally adjusted annual rate of 467,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.2 percent (±15.7%)* above the revised August rate of 466,000 and is 17.0 […]
Tags: Surprise! Mortgage Standards Being Lowered
Posted by Tom Lindmark on October 23rd, 2014
As you no doubt know, various government agencies have moved the ball pretty far down the field with respect to loosening down-payment requirements for loans from Fannie and Freddie. The return of the 3% down mortgage seems to be pretty much assured. Arnold Kling offered this with respect to a Calculated Risk post on the […]
