Buying more house than you can afford is so 2006, right? Maybe not. While some mortgage products that proved problematic […]
The Government Is Selling Thousands of Homes to Hedge Funds Without Their Owners’ Knowledge
Julius Uwansc was in trouble with his mortgage after refinancing in 2009, just after the real estate bubble popped. […]
5 QUESTIONS ON THE STATE OF MORTGAGE LENDING
Anyone who’s tried to get a mortgage in recent years knows that it hasn’t been easy. But there are […]
The Best Investor You’ve Never Heard Of
FROM A NONDESCRIPT APARTMENT IN DES MOINES, JOSEPH ROSENFIELD–A LONGTIME PAL OF WARREN BUFFETT–HAS TURNED $11 MILLION INTO $1 BILLION. […]
The Impact of Rising Interest Rates on Housing Affordability
According to Freddie Mac, the average interest rate on a 30-year fixed rate mortgage rose by 8 basis points over the week […]
Q&A with Wilbur Ross
by Vyvyan Tenorio Behind an immense desk in his midtown Manhattan office, Wilbur Ross, hunched over a computer, cuts […]
Yale’s Shiller: US Could Have Japanese-Style Housing Slump
By Julie Crawshaw, Moneynews.com, Yale economist Robert Shiller says the United States could experience a Japanese-style housing slump that lasts […]
S&P Negative Watch for US Flagged Financial Sector as Major Risk
From NakedCapitalism website, Yes, I know I dissed the S&P report as fundamentally wrongheaded, but as we will discuss shortly, […]
Warren Buffett’s Greatest Investments Of All Time
From 247 Wall St.com website, Many investors find no better teacher than Warren Buffett. His place as one of the […]
OXSTONE FOOD FOR THOUGHT – May 2011 – The rise of private lenders and a contrarian investment idea
By Liu-Yue (Louie) Lam, Co-Founder, Chief Investment Strategist, Oxstone Capital Management, Crisis Leads to New Opportunities Recently, many prominent investors […]