Here’s why the FHFA is not a fan of principal reduction

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"

Goldman Sachs: When will our kids move out?

Nearly half of California millennials still with parents
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Items Tagged with 'Goldman Sachs'

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Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl
July 28, 2014
Goldman is looking at a $1 billion settlement with the FHFA, Americans' household wealth has plunged 36% from 2003, and FHA fees may be a big drag on the housing economy.
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Goldman hired for Radian Asset selloff

Pending private mortgage insurance rules speed up process
July 25, 2014
Radian hired Goldman Sachs to evaluate interest in its financial guaranty business Radian Asset, according to Radian. The company has been in the runoff since 2008.
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Goldman Sachs: When will our kids move out?

Nearly half of California millennials still with parents
July 25, 2014
After crunching some numbers, Shan concludes that ultimately millennials will need to get jobs to get them to finally move out. This process, parents will be sad to learn, may take many, many more years.
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Goldman Sachs 2Q14 earnings tick up to $9.13B

Doubles net provisions for litigation and regulatory proceedings
July 15, 2014
Posting solid growth, Goldman Sachs’ second-quarter net revenue increased to $9.13 billion, up from $8.6 billion a year ago, with earnings per share rising to $4.10 from $3.70 for the second quarter of 2013.
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JPMorgan, Goldman Sachs next on earnings’ horizon

Mega banks lose to smaller lenders
July 14, 2014
Next on the earnings list, Goldman Sachs and JPMorgan Chase, but according to one analyst, the two will post more of the same.
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BlueMountain Capital Management adds to firm’s mortgage group

Bob Thomas and Jeff Picron join from Induction Capital
June 23, 2014
“We are very excited about these hires for BlueMountain,” said Derek Smith, BlueMountain co-chief investment officer. “We view mortgages as an asset class with incredible growth potential.”
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Goldman Sachs answers 3 key questions about housing

The outlook isn't that bad
May 6, 2014
Goldman Sachs analyst Hui Shan said there are 3 key questions facing housing. And then he answered them. Here is a summary of that Q&A.
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Despite 1Q earnings falling, Goldman Sachs beats estimates

April 17, 2014
Goldman Sachs reported that its first-quarter net income decreased 10%, posting a net income of $2.03 billion.
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3 reasons Citi will miss next week

Costly but favorable MBS settlement is just one reason
April 8, 2014
Citigroup is facing a gauntlet of troubles, now warning investors it may miss a key profitability target because of the central bank’s rejection of its capital plan in March, and a $100 million charge in the first quarter of 2014 as part of its $1.125 billion MBS agreement announced Monday.
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Judge okays RMBS fraud lawsuit against Goldman Sachs

Detroit fire and police pension can sue for fraud
March 28, 2014
A U.S. federal district judge is giving the go ahead to a class-action lawsuit first filed in 2010 by the Detroit firefighter and police pension fund accusing Goldman Sachs (GS) of fraud in relation to the quality of loans in bundles of mortgage-backed securities.
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