Auction.com partners with Google to predict housing trends

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

10 reasons why people don’t get a mortgage

It’s not just because of finances
W S
Investments / The Ticker

Blackstone: America is in an epic credit bubble

stock2
/ Print / Reprints /
| Share More
/ Text Size+

Blackstone (BX), one of the largest real estate investment firms, believes that the financial system is overly leveraged. Per CNBC:

We are in the middle of an epic credit bubble, in my opinion, the likes of which I haven't seen in my career in private equity," Joseph Baratta, The Blackstone Group's global head of private equity, said Thursday night at the Dow Jones Private Equity Analyst Conference in New York City. "The cost of a high-yield bond on an absolute coupon basis is as low as it's ever been."

Baratta said the U.S. still has "clear headwinds" and is "range bound" between 1 percent and 3 percent economic growth.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus