Mortgage market information

For those of you interested in gaining a better understanding of the mortgage market and what is going on recently, I'd like to recommend some great resources.

First is an extremely thorough report by CreditSuisse. It covers the mortgage market in detail and makes some predictions about how things may turn out. It's 67 pages long, but there is a 10 page summary that will give you a flavor of their findings. http://www.billcara.com/CS%20Mar%2012%202007%20Mortgage%20and%20Housing.pdf

A more narrowly focused website that takes the subprime market to task is: www.lenderimplode.com. According to this website, 44 subprime lenders have exited the market.

A friend of mine, Bill Moyer, CFA, recommended the following blogs with additional information on lenders and the housing market:
http://calculatedrisk.blogspot.com
http://bigpicture.typepad.com
www.wallstreetexaminer.com

I found calculatedrisk to be particularly informative and thorough.

Nothing in this blog should be considered investment, financial, tax, or legal advice. The opinions, estimates and projections contained herein are subject to change without notice. Information throughout this blog has been obtained from sources believed to be accurate and reliable, but such accuracy cannot be guaranteed.