If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!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 [...]
The Big Picture - Experts, Crashes, Media, Skepticism
Housing Wire - Raw Weekly Application Volume Jumps
Huffington Post - Bailed-Out Chase CEO Dimon: People Should Pay Mortgages “Even If They’re Underwater”
The Onion - Fraternity In Danger Of Losing House Launches Harebrained Scheme To Fix Economy
Housing Doom - Thought Experiment: If Only Greenspan Had Thought of This …
Financial Times - Home loans in the [...]
Note: The article written below is not meant to defend the actions nor advocate the interests of the American banking system in regards to the real estate market, or the financial markets as a whole.
Occasionally I read a piece of information that seems to leap off the page and shout at me, and an article [...]
Inquisitor: Spend Taxpayer Dollars With The Bailout Game - New online Bailout Game! Play HERE.
Calculated Risk: Regional Banks: Marshall & Ilsley Posts Large Loss - More trouble for regional banks.
Naked Capitalism: Mother-In-Law Research & JP Morgan - Chase may not be as desperate as it appears.
Cassandra Does Tokyo: Ethics Exam - Ethical Assessment Examination for Financial Professionals.
Well, leave it to the folks who brought you Woohoo! to bring you the latest in marketing for failed banks – pimping your new sugar daddy. WaMu’s headline in-branch flyer reads: “We love Chase. And not just because they have a trillion dollars.” Actually, it’s precisely because of their money, but I [...]
We’ve received multiple reports that Chase Mortgage Wholesale will be shutting down operations within 45 days and will no longer accept applications as of September 30th. Apparently conference calls are happening nationwide to inform employees today.
If you can confirm these reports please email us at tips@blownmortgage.com.
More, of course, as this develops.
Update: Chase isn’t closing wholesale, [...]
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