If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!“Stimulus funds need to be infused into the economy as quickly and efficiently as possible in order to stimulate growth,” said David Williams, leader of Deloitte’s Financial Advisory Services practice. “However, the legislative process as well as the public’s [...]
How close are the mortgage and housing industries to bottoming out? Is the worst yet to come or is the economy already on the way up and out of this mess? The answer, it seems, depends on who you ask.
“An unexpected jump in new and existing home sales, a fairly sharp increase in mortgage applications [...]
The Big Picture - From Bubble to Depression via Bad CPI Data
Today’s Business Press - How Much Is AIG Really Worth?
Dr. Housing Bubble - More Bad News about the Public-Private Investment Program: Because Stealing 93 Percent of Taxpayer Money is OK. Fraudulent Minds already gearing up to Scam the System
The Big Picture - Good Bank(er) vs. Bad Bank(ers)
Infectious Greed - Simon Johnson: The Triumph of the Banking Oligarchs
The Mortgage Porter - FHA Appraisals Tougher starting April 1st – No Foolin’
Huffington Post - “South Park” Explains The Bailouts (VIDEO)
The Big Picture - Hybrid of Risky Mortgages and a Ponzi Scheme
L.A. Land - Online town hall references refi lifeline
Mortgage Insider - What type of mortgage jobs are opening?
The Big Picture - AIG: $105 Billion to Counterparties
Today’s Business Press - AIG Names Names
Housing Doom - New Program Can Make You An Underwater Homeowner In Two Weeks- Or Less!
Naked Capitalism - Bernanke on 60 Minutes
Huffington Post - A Better Plan for the Banking System
Money And Markets - Scamalot: The Worst Con Jobs Are Yet To Come
Mortgage Insider - Tranche warfare – a mortgage dispute gets ugly
Today’s Business Press - Does Madoff’s Life Begin Today?
ML-Implode - U.S. Justice Foundation’s President Arrested
Naked Capitalism - Cuomo Asserts That Traders Looted Merrill
Today’s Business Press - World Bank: It’s a Global Recession
Business Insider - Obama Disses Economics Blogs
Financial Times - BofA withdraws job offers to foreign MBAs
Naked Capitalism - Guest Post: More Debt Won’t Rescue the Great American Ponzi
Dr. Housing Bubble - Down Payment Assistance Backdoor to No Money Down? Seller-funded Down Payment Scams. The Government looking to resurrect No Money Down [...]
Mortgage Insider - Banking industry reports first loss in 18-plus years
Huffington Post - Citigroup-Government Stake Deal Could Come As Soon As Today: Wall Street Journal
Deal Journal - The Next Jamie Dimon and Sandy Weill: ‘Saint Ossie’ at UBS vs. Dougan at Credit Suisse
Calculated Risk - Obama Budget: $250 Billion for TARP II
Housing Wire - FDIC Completes Structured Sale of [...]
Housing Doom - Bernanke Doesn’t Get “Love Thy Neighbor”
The Big Picture - The New N Word: Nationalization
Dr. Housing Bubble - Home Prices Need to Fall 50 Percent from Peak Nationwide for a Market Bottom: Case Shiller Data and Predicting the Ultimate Bottom. 5 Charts Showing we are far from a Bottom in Housing.
Today’s Business Press - Bernanke: Another [...]
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