Today's Fed meeting announcement is the last one until September 20. Mortgage rates, of course, are prone to moving around even without the Fed’s direction. Meanwhile, the second quarter earnings from lenders are of great interest to warehouse banks and investors (including Freddie Mac and Fannie Mae). Those counterparties are contractually limited as to what they can do with companies that are not making money and have seen their net worth erode over the months and quarters. There is continued talk of over-capacity as companies eye the end of summer, continued high rates, existing borrowers with low rates, and limited houses for sale. (Anyone displaced can post their resume for free here where, for $75, employers can view them for several months.) There is no disagreement about it being a difficult environment for most lenders, unlike there being disagreement over housing prices. Who you gonna believe? The FHFA House Price Index rose 0.7 percent MoM: U.S. house prices r
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suffice or even unconstitutional behavior. you know a lot about the et mollments clause. you re involved in those cases. it does appear on the face of it there are a lot of foreign countries trying to please donald trump by throwing business his way. various condominium projects. it sounds like a gift and that would seem to run afoul of the clause of the constitution. it s certainly agreed the president is in sustained and ongoing violation of the et mollments clause. his violations get worse every day. at the very least, we learn every passing day of new ways he s violating it. he s been awfully creative. the question of whether the president should be impeached for violating the constitution or for run of the mill wrong doing was a question that the framers put a lot of thought into. their concern was that if congress could remove the president for what they thought of mall administration or one of
suffice, or even unconstitutional behavior. you know a lot about the emollients clause, you re involved in those cases. it appears that there are a lot of foreign countries that are trying to please donald trump by throwing business his way. from hotels to various condominium projects. that sounds like a gift, and that would seem to run afoul of the emollients clause of the constitution. it certainly does appear that the president is in constant violation of the emollients clauses. or pe lea the question of wher the president should be impeached for violating the constitution is something that a lot of thought has been put