The Housing Bubble Blog

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The Greeley Tribune reports from Colorado. "The FDIC in March issued prompt corrective actions to Bank of Choice, Greeley’s largest community bank, and Signature Bank in Windsor. Bank of Choice was listed as significantly undercapitalized and Signature Bank was undercapitalized. The stepped-up...

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Post off-topic ideas, links, and Craigslist finds here.

Readers suggested a topic on housing inventory. "I would like to see a topic on how much empty inventory we will end up with and what’s going to happen to it. Locally, builders are still building or trying to build. I’m in the DC area are the builders may have slowed down but they haven’t stopped....

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Readers suggested a topic based on a quote from a previous post. "From today’s desk clearing thread: '…and start moving the government out of the business of egging on the worst behavior.' Proposed weekend topic: What was it that started the government down the path of egging on the worst behavior...

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It's Friday desk clearing time. NovaStar was part of a crop of new lenders that had sprung up in the 1990s. Promotional memos NovaStar sent to its 16,400 unsupervised mortgage brokers across the country told the tale of easy credit terms. 'Did You Know NovaStar Offers to Completely Ignore Consumer...

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KHSL TV reports from California. "Chico's housing market is slowly rebounding with more homes selling this year than last, but at lower prices. The City Finance Committee got an update on the market this week, with staff reporting that 47 percent of the total homes sold this year sold for less than...

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The St Petersburg Times reports from Florida. "Josephine Cartagena stepped out of Jefferson High School on Saturday morning with tears in her eyes. Her home is facing foreclosure. But that wasn't the reason for her tears. These were happy ones. On this morning, she had found hope. Cartagena is one...

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A report from the New York Daily News. "A rundown, half-finished Brooklyn condo untouched since the dog days of the financial crisis has neighbors fuming. The ramshackle site in Homecrest is the shame of the neighborhood - and just one of hundreds of buildings in the city where work has stalled...

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