If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Today is the day the recovery starts, at least according to those peering into the rosiest-colored crystal balls. The Wall Street Journal dug up these great examples:
Most forecasters seem to expect growth to be weak for a few quarters, [...]
The Center for Responsible Lending (CRL) estimates that one million new foreclosures have been filed so far in 2009. The news comes on the heels of the release of the first quarter 2009 National Delinquency Survey from the Mortgage Bankers Association (MBA) which reveals that 12 percent of all mortgages are now delinquent, the highest [...]
The volume of mortgage loan applications filed during the week ending April 3, 2009, increased by more than 4 percent last week, according to the Weekly Applications Survey from the Mortgage Bankers Association (MBA). In addition, the proportion of applications for home purchases compared to refinancing applications also grew.
The Market Composite Index, which measures loan [...]
The Big Picture - Rolling Stone: “The Big Takeover” — AIG Bailout as Political Revolution by Wall Street
Mish’s Global Economic Trend Analysis - Quantitative Easing Begins; “Operation Twist” Revisited
Mortgage Insider - One lending standard for all companies
The Big Picture - Buying Toxic Assets with Bailout Money
Huffington Post - Bank-Rescue Plan Could Spark Another Public Backlash
Rain City Guide - Naughty Mortgage Fraud [...]
Infectious Greed - Your Moment of Obama/AIG Zen
WSJ Developments - Mortgage Bankers Association Feels the Pain
Huffington Post - On the Wrong Side of AIG, in Handcuffs
Calculated Risk - New Home Sales: Is this the bottom?
The Truth About Mortgage - Hope for Homeowners Program Has Helped Just One Borrower
Bank Industry Slams Citigroup Mortgage Deal - The American Bankers Association thinks giving bankruptcy courts more authority in forcing cram-downs will increase the cost of mortgage lending.
Foreclosures More Than Doubled In 2008 - U.S. foreclosures increased by 81% over 2007. Nevada, California, Arizona & Florida top the list.
Bankruptcy System Takes On The Mortgage Mess - The Federal Bankruptcy [...]
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