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Let Banks (Not the Government) Be Banks

by phillenbrandJanuary 17, 2009 Economy

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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 [...]

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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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