While we debate Zillow, more Big Shorts loom

For the umpteenth time, someone in a Facebook group recently asked if buying leads from Zillow was worth it. The answers varied from ominous condemnations to enthusiastic support, with a few tin foil hat aficionados drawing parallels between chem-trail…

While we debate Zillow, more Big Shorts loom

For the umpteenth time, someone in a Facebook group recently asked if buying leads from Zillow was worth it. The answers varied from ominous condemnations to enthusiastic support, with a few tin foil hat aficionados drawing parallels between chem-trail…

Big banks cede market share to nonbanks

At $26 trillion, the American housing market is the largest asset class in the world, bigger than the U.S. stock market, according to The Economist. And the banking industry’s $13 trillion in total loans is the engine that drives the U.S. housing market, according to Attom Data Solutions …

Of course they are too big to fail!

Word leaked this week that the “living wills” of five of eight giant banks are inadequate. They will be required to do-over, or be fined this fall. Speaking personally, as one of the bereaved citizens at a potential big-bank funeral, it is time to move on from grieving about the Great Recession. Get back in touch with reality and the future …