Storm's threads


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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 ...

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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 ...

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Recession vs. Balance Sheet Recession
by Storm on 24 Aug 2010   Posted 14 years ago
I am shamelessly stealing this post from the CrawlingRoad forums because it is, in my opinion, the best post I have read describing the current economic situation in the ...

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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 ...

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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 ...

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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

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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 ...

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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" ...

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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 ...

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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. ...

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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 ...

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7.9 million mortgages don't make payments...
by Storm on 13 Dec 2009   Posted 15 years ago
I heard a stunning report this morning on Bloomberg radio from Laurie Goodman, an analyst at Amherst. She is well respected in the mortgage backed security industry, formerly from ...

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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 ...

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It's tough, balancing the California Budget... really tiring work...
by Storm on 24 Jul 2009   4 comments, latest 15 years ago

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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 ...

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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) ...

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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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The new forum is coming along nicely
by Storm on 12 Jun 2009   Posted 16 years ago
The only thing I really wish it could do is take me to my first unread post in a thread. Right now, I have to spend a couple minutes ...
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