Stealth bailout of banks - $50,000 non-recourse loans to squatters in default
by
Storm
on 21 Jun 2011
12 comments, latest
14 years ago
Did anyone else catch this great news item? It appears that the Obama administration has just quietly launched QE2.1 - The Reckoning (as I like to call it)... http://community.nasdaq.com/Ne ...
Pocket Veto not legit - Looks like they are sneaking the IRON act through on a technicality
by
Storm
on 8 Oct 2010
4 comments, latest
14 years ago
http://4closurefraud.org/2010/ Please read the above article it explains it all. The pocket veto basically allows President Obama to veto a bill by "holding it in his pocket" if Congress ...
Home Equity Loans for sale - $500 or less
by
Storm
on 12 Aug 2010
3 comments, latest
14 years ago
I was shocked to learn that the default rate on home equity loans is so high now that collection agencies won't pay more than $500 for them, no matter ...
Walk away from your home - and buy an iPad
by
Storm
on 30 Jul 2010
27 comments, latest
14 years ago
Crazy story in Bloomberg yesterday about how Americans are walking away and buying consumer goods. Â This is the weak "recovery" everyone is talking about. Â This is just ...
Short sale fraud on the rise - "Flopping"
by
Storm
on 10 Jun 2010
8 comments, latest
15 years ago
Great article in Bloomberg about it:http://www.bloomberg.com/ap
How good was our condo investment?
by
Storm
on 4 Jun 2010
6 comments, latest
15 years ago
"Hey honey, how good is our condo investment doing? Â Will you check Cyberhomes?" I get a kick out of the fact that this "comp" that was sold in ...
See real bank loan delinquency data
by
Storm
on 5 Feb 2010
1 comment, latest
15 years ago
I found a great website that shows real bank loan delinquency data collected from the FDIC. http://www.wlmlab.com/main.asp One feature that is very impressive: Â You can type "metro:san francisco" ...
Move your money - vote with your $$ since our political system is corrupt
by
Storm
on 12 Jan 2010
14 comments, latest
15 years ago
I found an interesting website and movement that is encouraging people to move their money out of the big banks and into smaller banks and credit unions in an ...
Bank of America sued for foreclosing on the wrong home
by
Storm
on 25 Jan 2010
4 comments, latest
15 years ago
Apparently this couple got kicked out of a house they own free and clear with no mortgage. The locks were changed and their personal belongings stripped from the house. ...
Goldman Analyst - Risk of Disapointment in Housing Activity - L Shaped Recovery
by
Storm
on 12 Jan 2010
3 comments, latest
15 years ago
My friend works in finance and has access to Goldman 360, a subscription only service which sends him Goldman Sachs analyst reports. Â This is a very interesting report ...
Call your Senators and Representatives - Tell them NO
by
Storm
on 21 Oct 2009
20 comments, latest
15 years ago
This issue crosses party lines. Call your 2 Senators and 1 Representative and tell them NO to renewing or extending the $8,000 first time home buyer credit. I just ...
I'm worried about Death Panels... seriously.
by
Storm
on 13 Aug 2009
18 comments, latest
15 years ago
Death Panel 1: Â A group of government bureaucrats take away a woman's fibromyalgia medication because it would be too expensive to cover, leaving her in the lurch to ...
Worst June New Home Sales Since 1982
by
Storm
on 29 Jul 2009
2 comments, latest
15 years ago
Seems like the bulls are calling a housing bottom... Unfortunately the facts are not on their side: http://www.ritholtz.com/blog/2 I wanted to add another great article (from ZeroHedge, warning PDF) ...
Realtors give good advice - to their family members...
by
Storm
on 9 Jul 2009
19 comments, latest
15 years ago
I wanted to share a story with all of you of our recent vacation. We met this nice, newlywed couple from Indiana, and since my fiance and I are ...
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