Editor's Note: This is a monthly publication on economic trends and financial policy issues. In this publication you can read "The Longbrake Letter", an analysis of economic trends and conditions written by Bill Longbrake, as well as commentary on financial regulation and policy written by members of the law firm Barnett, Sivon & Natter, P.C., a Washington, DC based law firm that specializes in financial services law.

ISSUE: #40, August 2013

The Longbrake Letter
- Bill Longbrake
In this month's letter Bill Longbrake continues his discussion of building global imbalances that could lead to a deflationary bust. He examines recent data revisions for GDP, personal income and consumption and explains why the labor market is weaker than headline job growth and the unemployment rate suggest. Bill also muses about prospects for productivity and updates challenges facing the Federal Reserve and Congress.

Comparing Housing Finance Reform Legislation
- Barnett Sivon & Natter, P.C.
The members of Barnett Sivon & Natter created this comprehensive comparison chart on the pending housing finance legislation in the House and Senate including the PATH Act, the Corker-Warner GSE bill, and the Johnson-Crapo FHA bill.

The Importance of Big Banks to U.S. Economy
- Jim Sivon
This article discusses the economic case for large banks.

Ten Obstacles to Increased Mortgage Lending
- Bob Barnett
Mortgage lending has increased, but not as fast as many would like. There are reasons for that. Here are 10.