From the monthly archives:

October 2008

Should Uncle Sam Help?

by Morgan on October 31, 2008

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
Government assistance and intervention when it comes to housing [...]

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Fed Implode-o-Meter

by Morgan on October 31, 2008

Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Just how much money has the Fed, aided and abetted by the Treasury, spent this year? Numbers are all over the place, but it could be around $3.8 trillion. They spent $650 billion in the last six weeks [...]

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Is devaluation the only road out?

by Constantine von Hoffman on October 30, 2008

A guest post from Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing, business and his dog.
Is the US on the verge of a currency devaluation? This idea is one of the most disturbing predictions I?ve read recently. I found it at the fine blog, Jesse?s Café [...]

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Rate Cut? “Meh.”

by Morgan on October 29, 2008

A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
The markets continued their gut wrenching swings today before finally falling down into the red following a huge rally yesterday in which [...]

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Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Today?s reverse crash resulted in the Dow up $889.35 to close at $9,065.12. From peak to recent trough, the Dow has moved from its all-time high of $14,164 on October 9, 2007 to a low of $8,176 on [...]

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Stock markets set new record for bouncing a dead cat

by Constantine von Hoffman on October 28, 2008

A guest post from Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing, business and his dog.
The markets continue to stagger around like drunks after last call and with every bit as much connection to reality. As I write this, a half hour before the final bell, [...]

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Happy Halloween, Again.

by Morgan on October 28, 2008

I posted this almost exactly a year ago. At that point people were calling for the bottom of this thing to be summer of ‘08. Well another year, and it’s still unfortunately apropos. I have a feeling it will be good for at least one more year. You?

Thanks as always to [...]

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Sponsored Post: DIY Loan Modification Kit

by Morgan on October 27, 2008

This is a sponsored review for Cody Sperber’ s Do-It-Yourself Loan Modification Kit from ForeclosureCounseling.com.  If you’re interested in having a review of your product or service written here on Blown Mortgage click here for more information or email me directly.
Cody Sperber’s DIY Loan Modification eBook is a solid primer for anyone who is looking [...]

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We’re Right to be Scared

by Morgan on October 27, 2008

A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
By and large the average American consumer is usually a resilient creature. Even through minor recessions and increasing prices in the past, [...]

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What if Insurance Companies Don?t Pay?

by Morgan on October 27, 2008

Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Let?s hope your policy is with an insurance company that has ruinous trading losses and heavy exposure to derivatives. That?s what it took for AIG to be rewarded with a direct government bailout.
In something of a creative interpretation [...]

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