If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!When it comes to Freddie Mac and Fannie Mae, good news is hard to come by. If you’ve been following the blog, you probably already know that Fannie Mae reported a rather large loss in the first quarter, but [...]
I, like many individuals out there, have a hard time really wrapping my brain around large numbers. This isn’t to say that I can’t do math, just that after a certain denomination, I tend to lose sight of the impact that amount of money can have. So when Fannie Mae recently reported that it lost [...]
Money And Markets - Financial Terrorism and You
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Housing Doom - Lenders Refusing “Solid Offers”
Dr. Housing Bubble - Leveraging the Future for a Short-Term Fix. FHA and GSE New Subprime Loan Breeding Ground: The Resurrection of Bad Ideas. [...]
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 [...]
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.
In hind sight, it’s easy to point fingers as to why Fannie Mae and Freddie Mac were so hopelessly reckless with their [...]
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