Basel III Not So Tasty

October 26, 2012   Big Banks, Videos   36 Comments

Click the post title above to watch today’s show. Catch all your real estate and mortgage news and commentary with Frank Garay and Brian Stevens right here at www.TBWSDailyShow.com!

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36 Responses to Basel III Not So Tasty

  1. Why Regulations are Harmful says:
    November 2, 2012 at 8:17 pm

    [...] http://tbwsdailyshow.com/2012/10/26/basel-iii-not-so-tasty/ Posted in Homeowner, Housing Market, Mortgage Rates | Tags: Denver Home Prices, Denver Home Sales, Denver Home Values, Denver housing market, Denver real estate market, ending financial insanity, lonnie glessner [...]

    Reply
  2. JPierce says:
    October 28, 2012 at 2:48 pm

    I am recommending my readers subscribe to your updates. You make dry, boring economic stuff interesting. Gracias.

    Reply
  3. Michael says:
    October 28, 2012 at 2:43 pm

    E.U. is so screwed up, Socialist and Shariaistic influences are taking the majority of the G-20 down…The Almighty Dollar, our world’s reserve currency will shortly follow. Chaos follows, go Giants.

    Reply
  4. david G says:
    October 28, 2012 at 11:23 am

    Guys the the name of the town is pronounced Baaazel the a sounds like father…not Bayzel..or Basil…thought you should know

    Reply
    • Michael says:
      October 28, 2012 at 3:07 pm

      But only over in Europe, odd Phonetic rules, like other their other Suggestions are not applicable here in The States, especialy Alabama.
      Basil was however a funny character’s first name played by John Cleese in Fawlty Towers a BBC Sitcom.
      bleat

      Reply
  5. Todd Van Cleave says:
    October 28, 2012 at 7:20 am

    Hey Brian, Best Giants shirt ever!!

    Reply
  6. leo says:
    October 26, 2012 at 6:08 pm

    Basel is actually a pretty nice place. Tough to get a meal in a Cafe if the only language you speak is English, though…Go Giants!

    Reply
  7. Beth says:
    October 26, 2012 at 2:47 pm

    I thought the current Basel standards were typical back in the day? I was under the impression that banks were required to withhold that amount in order to continue business as usual…isn’t that one of the many reasons for the most recent meltdown?

    Reply
  8. David B. says:
    October 26, 2012 at 2:33 pm

    I too love Basil, but not so much Basel.

    Let’s see QM is coming and that will raise rates.

    Basel III is coming and that will raise rates.

    The Super Majority programs like Obamacare aren’t set to hit till after the election and they will raise the inflation rate to a stratospheric level and raise rates.

    So are you guys saying we need to be telling all our customers to BUY NOW!!!

    Reply
  9. Alan Mandelberg says:
    October 26, 2012 at 2:30 pm

    Has it occured to you guys that, if holding government debt becomes less attractive to banks, more capital may flow into real estate loans?

    Reply
  10. Geoff Hayden says:
    October 26, 2012 at 1:43 pm

    That yodeler KILLS!!!

    Reply
  11. Steve says:
    October 26, 2012 at 12:27 pm

    Go Tigers!

    Reply
  12. Northern California Appraiser says:
    October 26, 2012 at 11:34 am

    There is an alternative to loan modifications. I just did an appraisal for a company that negotiates with a lender holding a jumbo note that is underwater, to buy the note at a discount of about 70% of current market value. Afterwards, the homeowner refinances & pays off the discounted note. This is currently available nationwide, but only for jumbo loans. Contact me at canosa_mv@hotmail.com if you want me to refer you to them. As an appraiser, they were very good to do business with.

    Reply
  13. David says:
    October 26, 2012 at 10:34 am

    IF some \smart\ politcians (are you llstening Mitt) or 1%’er (Mitt) could somehow get a bill passed to allow investors, investing in CMO’s, be income tax free for 10 years we would could get out of this mess faster. It would have less of an impact on lending, sidestepping/avoiding BASEL III and create competition that would hold rates down, without the FED \QE3\ continuing into 2015. It would also allow the \can’t talk about\ transision of our \government\ agnencys (FNMA/Freddie) off the hook for 85% of the mortgage production. But this is called capitialism, and lately we have not been able to use words like this.

    Reply
  14. teresa tims says:
    October 26, 2012 at 10:30 am

    I love Basel in my spagetti and it’s delish mixed in a muddled blueberry martini, Just Sayin’

    http://TheSoCalLoanPro.com
    http://www.youtube.com/user/teresatims/featured

    Reply
  15. Sal says:
    October 26, 2012 at 9:47 am

    Dear Frank & Brian,

    Good Friday. I was at the Pleasanton TBWS meeting and want to thank you very much for all your great advice and insights.

    Brian, we took a picture together with your phone. Can you please email me the picture when you get a chance.

    Thanks,
    Sal

    Reply
  16. Time4change says:
    October 26, 2012 at 9:34 am

    Well, the rest of us are all doing MORE than we would have thought a few years back, why not have banks have to do so as well. If this alone did not drive up rates something else would. Banks caused a big problem, they should have repercussions.

    Reply
  17. Kevin Hutchens says:
    October 26, 2012 at 8:34 am

    That was a good overview for a pretty complicated shafting of the banking system. A little more detail in the Basel III requirements is the treatment of contruction and development financing that is “High Risk” and will require twice more reserves than current lending standards. Let’s crush the housing market just a little bit more!

    Reply
  18. john says:
    October 26, 2012 at 7:43 am

    Say what you will about your Giants, Obama is going to come through with a bail out for the Tigers so right before the election he can say not only did I save the Auto industry I saved Detroit a World Series as well.

    Reply
  19. Rick J. says:
    October 26, 2012 at 7:25 am

    Absolutely, the best T-Shirt you have ever worn(Brian)! I will now root for the GIANTS because of your Grateful Dead T!

    Reply
  20. Terry says:
    October 26, 2012 at 7:23 am

    Basel III is just another pawn in the game of capital domination run by the richest individuals and corporations. Their disign is to stifle and strangle smaller companies/countries and cut off opportunities of the average person. This for the percieved power to rule.

    Creating jobs and providing services that better the lives of all is not the intent of this organization or the failing governments who subscribe to this garbage.

    Reply
  21. Mike Mix says:
    October 26, 2012 at 7:06 am

    Would requiring 10% minimum down on Mortgages help liquidity for banks ? Please find out When an equity purchase loan (30% down!) will come back to free up all the cash purchases, allow fluid market for higher values, create employment… Great seeing you in Pleasanton.

    Reply
  22. james says:
    October 26, 2012 at 6:05 am

    Always entertaining and informative

    Reply
  23. Brian Davies says:
    October 26, 2012 at 5:54 am

    I enjoy the informative programs. You should be congratulated on your efforts. The Onewest-FDIC scam deal was my entry. That certainly haunted the FDIC. Keep up the good work.

    Brian

    Reply
  24. Tom Woolfolk says:
    October 26, 2012 at 5:50 am

    I little peek at how things are structured to work internationally and what the influence on domestic banking could be. Thanks for providing the data.

    Reply
  25. Nick says:
    October 26, 2012 at 5:29 am

    Good awareness program today. Here is today’s article from the American Banker and there opinion of how the CFPB will be addressed.

    Maybe a petition can be started if we get the Change in this election to expidite a Change in the attitude and policies of the current CFPB.

    CFPB + Basel = Advance course of B.S. 101

    http://www.americanbanker.com/issues/177_207/how-a-romney-victory-would-impact-the-cfpb-1053885-1.html?ET=americanbanker:e12855:2308858a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=AB_Daily_Briefing_102512

    Reply
  26. Kam says:
    October 26, 2012 at 5:21 am

    The last few minutes of the video was corrupted.Please post the vidwo again.

    Reply
  27. Kam says:
    October 26, 2012 at 5:20 am

    YOur video was corrupted. The last few minutes could not be seen.

    Reply
  28. TED TALBOTT says:
    October 26, 2012 at 4:57 am

    One more time, you 2 S.F. fans are right on with your commentary………..TGIF!!

    Reply
  29. John Insco says:
    October 26, 2012 at 4:54 am

    Will there be a safe place in the world to be when it all comes crashing down on us?

    Reply
  30. Glen Betts says:
    October 26, 2012 at 3:55 am

    Of course, we all made it through to the end. Who could quit early on your Daily, informative messages..

    Reply
  31. Pam Marron says:
    October 26, 2012 at 3:50 am

    Ditto.

    Reply
  32. Bob Taylor says:
    October 26, 2012 at 1:56 am

    Excellent program today. Very informative.

    Reply

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