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Loan Modification
: Mortgage Lender Implode-o-MeterRising Bond Yields and Commodities Pressure World Finance
By Implode-Explode Heavy Industries
The housing market is weakening and mortgage rates and bond yields are rising, placing severe stresses on the banking system. Meanwhile China is teetering on the brink of an economic dislocation as commodity prices surge and the government tries to cool real estate speculation. Will the Fed be able to continue QE2 as these forces gather? Aaron Krowne, Russ Winter and Lee Adler discuss these developments and their implications in part 1 of this podcast, free to all visitors (21 minutes), also available on iTunes.
Full post as published by Mortgage Lender Implode-o-Meter on February 09, 2011 (boomark / email).
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