If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!A great graph of San Diego and the percentage of homeowners experiencing negative equity (h/t Paul Kedrosky) from the San Diego Union Tribune.
As a commentor on Paul’s site remarked it would be interesting to see the percentage of Option [...]
“Credit is a system whereby a person who can’t pay gets another person who can’t pay to guarantee that he can pay.” – Charles Dickens
In this current economy where foreclosures, unemployment, bankruptcies and consumer credit defaults are reaching epic levels, are credit scores irrelevant?
A credit score is a numerical expression based on a statistical analysis [...]
Dr. Housing Bubble - Option ARM Borrower Psychology: The Dirty Truth Behind The Worst Mortgage Product And Those That Abuse Them. My Name Is Bob And I Use Option ARMs – Although it doesn’t seem possible, this article is even better than the great title!
How The World Works - Ben Stein: Please Eat Your Hat
Mortgage Insider - BofA Needs [...]