Mase: Economics and Finance

President Obama announced a mortgage plan aimed at giving relief to homeowners that are facing problems with their mortgages.   Yet,...

The Great Recession is over. Remember, the recession ended in June 2009 getting close to two years ago. To many, it sure doesn’t feel like ...

Why would financial institutions want to put home mortgages on their balance sheets right now? Answer: they really don’t want to add mortgag...

Beginning in 1961 with the inauguration of President John F. Kennedy, the United States government has basically operated from a “Keynesian”...

It seems as if “Macro” forces are dominating movements in the financial markets these days. The latest call to attention of this fact is th...

Earlier this year a friend of mine and his wife got a mortgage on their new home. (As of today, they have only been married three hundred an...

Households, as a group, are gaining ground financially, but are still far below where they were in 2007. This, along with other weaknesses i...

The front page of the New York Times reads, “Why So Glum? Numbers Point to a Recovery.” ( http://www.nytimes.com/2010/04/09/business/09norri...

There is still no better place to observe the consequences of the credit inflation of the last fifty years than the housing market. Politica...

One of the most disturbing statistics around these days is the status of home owners. The New York Times reported yesterday that it is esti...

Amid everything else going on, we still continue to look for signs of a recovery. This weekend I spent some time looking at the investment s...

The Federal Reserve released new data on the financial condition of the household sector of the United States. Like other sectors of the ec...