Notes from CHC Conference in Anaheim
It was wonderful to be at the California Housing Consortium conference in Anaheim on September 7. Kudos to CHC for their great work. While the panels were engaging and the awards richly deserved, much of the benefit of attending these comes from the conversations at breaks, over coffee, and at lunch. Among my takeaways, here are […]
Credit Crunch? Call Your Banker.
So, here is a cheery headline for your Wednesday morning. From today’s Wall Street Journal: Real Estate Doom Loop Threatens America’s Banks. A key quote: “Bank’s exposure is even bigger than commonly reported. The banks are in danger of setting off a doom loop scenario where losses on the loans trigger banks to cut lending, […]