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From the monthly archives:

November 2008

What is the technical definition of ?depression??

by Constantine von HoffmanNovember 20, 2008 Economy

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!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.
“People have begun to feel like a Christian Scientist with appendicitis.” — Tom Lehrer
It is [...]

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Mortgage Aid: Who is Worthy of Help?

by MorganNovember 19, 2008 Economy

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.
Even with bargain hunters starting to come out of the wood work and credit just barely starting to thaw out, things [...]

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Fed Implode-o-Meter Update

by MorganNovember 19, 2008 Uncategorized

Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
At the end of October (see Fed Implode-o-Meter October 31), it looked like the Fed had spent about $3.8 trillion in the year to date. Not even three weeks later, that figure is now up to $4.28 [...]

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Federal Reserve Out of Firepower

by MorganNovember 19, 2008 Economy

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.
Thus far, all indications seem to lead us to believe that the Federal Reserve can solve economic problems by throwing massive [...]

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FDIC Unveils Homeowner Help

by MorganNovember 19, 2008 Economy

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.
I guess it’s not all that surprising given the increasing number of foreclosures across the nation over the past few months, [...]

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Nothing happens until the new prez takes over. Good or bad?

by Constantine von HoffmanNovember 18, 2008 Economy

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.
In a time of economic crisis, where every moment brings more bad/alarming news, what does it mean that the government is essentially in a holding pattern for the next two months?
Many [...]

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G20 Meeting a Non-Event, Depression Full Speed Ahead

by MorganNovember 18, 2008 Economy

Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
I?m afraid many of the New World Order conspiracy theories will have to be laid to rest after this weekend?s G20 meeting. Worldwide coordination of anything other than a rate cut here and there will never fly. [...]

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The Housing Crisis: What is the Smart Money Doing?

by phillenbrandNovember 17, 2008 Consumer Mortgage Tips

One of the terms that veterans of the stock market often use to describe buying patterns is ?smart money.? Smart money refers to buyers who are informed, intuitive, and quick enough to anticipate market trends before they actually occur. Conversely, the term ?dumb? money is the money from buyers who rush in after the boom [...]

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Is the Federal Home Loan Bank System Hiding Risk ?

by Jay HammondNovember 14, 2008 Mortgage News/Insight

The Federal Home Loan Bank (FHLB) system was established in 1932 to fill the need for a stable funding source for residential mortgages created by the undermining of the American banking system during the Great Depression. Today, the 12 Federal Home Loan Banks and their members are the largest source of residential mortgage financing in [...]

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