Posted in Housing, The Economy on September 9, 2008 | Leave a Comment »
I think so!
How come we don’t hear the two big parties talking about this? Could it be that we don’t hear this being debated because it’s an ACTUAL issue … or maybe its just that there isn’t really any fundamental differences between the two?
I’d especially love to hear from you hard-line [...]
Posted in Housing on March 22, 2008 | Leave a Comment »
… when you can just live there for free?
Posted in Housing, The Economy on March 20, 2008 | Leave a Comment »
Pretty bad according to Princeton economist Paul Krugman … at least until 2010.
Read all about it here
Posted in Housing on March 17, 2008 | Leave a Comment »
Things ain’t looking up …
Map of Misery
Posted in Housing on March 12, 2008 | Leave a Comment »
Believe it or not, it may actually be a boon (to you) … that is if you are a firefighter, police officer or teacher!
Foreclosure crisis has ripple effect
The last sentence reads …
Charlotte is working with the Department of Housing and Urban Development on a program that allows firefighters, police officers and teachers to purchase foreclosed [...]
Posted in Housing, The Economy on March 8, 2008 | Leave a Comment »
Former CNN sr. producer/writer skewers so called “victims” of today’s financial crisis–at least people who should’ve known better & greedily overspent. This piece (& 2 others) attack “victims” featured in recent NY Times. Author isn’t letting off banks;she wants individuals held to account too.
Accountability in America? Where’s this guy been?
read more | digg story
Posted in Housing, The Economy on February 21, 2008 | Leave a Comment »
The credit markets are seizing up and the uncertainty recently drove up short term interest rates for municipalities and some rock solid institutions such as New York’s Metropolitan Museum of Art to 20%…Yet it’s still a relatively small number of institutions and individuals getting hurt by this not-yet-a-recession…
read more | digg story
Posted in Housing, The Economy on January 24, 2008 | Leave a Comment »
Tentative deal reached on economic package
Some of the juicy details …
“provides for tax rebates of up to $600 for individuals and $1,200 for married couples along with tax breaks for business investment”
“also includes provisions aimed at shoring up the battered housing market by boosting the limits on the size of mortgages [...]
Posted in Housing, The Economy on January 22, 2008 | Leave a Comment »
Subprime Crisis or Stated Income Crisis?
While hardly ethical under most circumstances, its hard to believe this kind of lending is even legal!
“It is standard practice for banks to count the highest possible amount of an option ARM payment versus the actual amount as revenue. This is true even when borrowers make the minimum payment and [...]
