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housing mess

Do Homebuyers Need More Encouragement?

by phillenbrandMay 18, 2009 Bailout

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Here we are, well into the aftermath of the financial crisis that torpedoed home values across the country, sent mammoth financial institutions into the poor house, and drove unemployment numbers toward the double digits. The government, for its part, [...]

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Loan Modification Efforts Continue Expansion

by MorganNovember 3, 2008 Mortgage News/Insight

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-mattersand his adventures in self employment.
In the midst of the widening housing crisis, there?s been quite a lot of criticism from voters aimed at the recent efforts by [...]

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The LOLCats hit the bailout

by MorganSeptember 26, 2008 Random Thoughts

Friday Bailout Funny. (h/t Graeme)

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Market Perception is Reality

by MorganSeptember 21, 2008 Economy

Note: I’m excited to introduce a new contributor to Blown Mortgage – Patrick O’Hearn.  Patrick O’Hearn is a financial services professional with extensive mortgage industry experience.  Mr. O’Hearn’s strategic connections to and knowledge of the secondary mortgage market give him unique insights into the mortgage industry.
He penned this after Bush’s announcement and before the official [...]

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Morgan Stanley weighs merger options

by MorganSeptember 17, 2008 Wall Street

In light of the continuing degredation of the US credit market and the recent collapse of Lehman Brothers and AIG (not to mention the Merrill Lynch sale) Morgan Stanley is considering whether it will need to merge with a deposit-taking bank to remain afloat.  Many analysts fear that the AIG government bailout is a sure [...]

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