A Catalyst For Higher Stocks?

by UPFINA As we have been discussing for about 3 quarters, the US housing market is on fire. COVID-19 spurred on the demand originally created by demographics. This trend was already going to occur anyway. Lower rates and the need …

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Is the mortgage industry the catalyst for the next financial crisis?

by ConcreteCrusher I’ve been reviewing in depth the non-banking mortgage originating industry, FHA’s mortgage insurance funds and Ginnie Mae’s mortgage backed security insurance programs. References: https://www.hud.gov/sites/dfiles/Housing/documents/MMIQtrlyQ12018.pdfhttps://www.hud.gov/sites/dfiles/Housing/documents/2017fhaannualreport.pdfhttps://www.ginniemae.gov/about_us/what_we_do/Reports_To_Congress/ReportToCongress17.pdfhttps://www.brookings.edu/wp-content/uploads/2018/03/5_kimetal.pdf Since the Financial crisis there has been a considerable increase in loans orignated from …

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