If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!A study by the Boston Fed has found that the administration’s mortgage rescue plan has failed to provide that all important profit incentive. According to today’s Boston Globe:
Mortgage lenders don’t try to rework most home loans held by borrowers [...]
Money And Markets - Financial Terrorism and You
Huffington Post - In for a Penny, In for $2.98 Trillion
MISH’S Global Economic Trend Analysis - Commercial Real Estate Limbo; Lenders Ignore Defaults
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. [...]
Media Channel - Needed: A New Commission To Probe Corporate Crime
RealtyTrac - Frustrated Homeowners Take a Walk
Huffington Post - AIG NAME CHANGE
Rain City Guide - Sunday Night Stats – Snapshot of “bottom”
RealtyTrac - Will Loan Modifications Change With Washington?
Calculated Risk - “My Manhattan Project”
The Big Picture - AIG Structured Products page
Naked Capitalism - Guest Post: It’s the writedowns, stupid
Huffington Post - Perp Walks Instead of Bonuses
Mish’s Global Economic Trend Analysis - Yet Another Incompetent Treasury Appointment
Naked Capitalism - Guest Post: Just Let It Go
Infectious Greed - The Geithner Betting Line
Today’s Business Press - Citi to the Rescue?
The Big Picture - Haircuts for Bond Holders
Housing Doom - Bill Maloni: I Did It and So Can Fannie
Naked Capitalism - Guest post: A few thoughts about the banking crisis response in the United States
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