The Wells Fargo Stress Test:A Tin Foil Hat Production

Today the Fed releases the results of the banking industry “stress test.” You remember this test right? The Fed created a scenario of economic failure well beyond what is already the worst economic downturn in seventy years. They then evaluate the banks’ ability to withstand this Armageddon against the Fed’s own made-up base line. (Let’s [...]

Grim Future for Wells Fargo?

In my position as liability coach,I meet with a great many Real Estate agents as well as clients. Because of this I am privileged to hear a broad spectrum of opinions and perceptions on the housing market. Lately the topic of conversation has been the short sale. I have listened to seasoned veterans –[...]