Blogs about: Credit Market
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Who is Still Against Federal Foreclosure Legislation?
As the Congress comes closer to passing legislation to help homeowners facing foreclosure, it is worth taking a look at the opposition to federal foreclosure aid. Of course, there are those who stric… more »
Who is Still Against Federal Foreclosure Legislation?
Fox wrote 2 days ago: As the Congress comes closer to passing legislation to help homeowners facing foreclosure, it is wor … more »
Fed Chair Bernanke Warns Foreclosures Could Sink US Economy -- Is He Threatening Lenders?
Fox wrote 5 days ago: In a speech today at the Columbia Business School, Federal Reserve Chairman Ben S. Bernanke issued … more »
The Fed Nears the End of the Rate-Cutting Line -- Now its the Banks' Move
Fox wrote 1 week ago: After the Federal Reserve cut short-term interest rates on Wednesday for the seventh time since S … more »
More Terrible News for Terrible Herbst -- Bonds Ratings Lowered and Still No Deal with Creditors
Fox wrote 2 weeks ago: We wrote a post last month about the likelihood that Herbst Gaming will have to file for Chapter 1 … more »
Mortgage Industry Shocked as Massachusetts Court Orders Halt to Foreclosures
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Fox wrote 1 month ago: The case of Commonwealth of Massachusetts v. Fremont Loan and Fremont General Corporation is sending … more »
Minorities Most Affected by Subprime Crisis -- But Minorities Also Benefited From Mortgage Innovations
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Fox wrote 1 month ago: The evidence of racial disparity in lending is growing, as is the evidence that the subprime mortgag … more »
Terrible News for Terrible Herbst -- Herbst Gaming May Be Subprime Losers
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Fox wrote 1 month ago: We’re racing fans, particularly of the Baja 1000, and we admire the Herbst family, owners of … more »
Housing Secretary Alphonso Jackson To Resign
haecus wrote 1 month ago: The U.S. housing secretary will resign Monday morning under pressure after accusations of improper a … more »
The Federal Reserve -- A Bottomless Pit of Cash and Protector of Wall Street
haecus wrote 1 month ago: ***The Fed has made a special lending facility — essentially a bottomless pit of cash — … more »
Fire Sale
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rtjfinancial wrote 1 month ago: Yesterday’s announcement that JP Morgan Chase was purchasing Bear Stearns for $2 per share, or … more »
Dollar Falls To 12-Year Low Against The Yen
haecus wrote 1 month ago: The dollar sank below 99 yen, to the weakest in 12 years, and slumped to a record low versus the eur … more »
"If You Bail Out Every Investment Bank That Gets In Trouble, That's Not Capitalism, That's 'Socialism For The Rich'"
haecus wrote 1 month ago: Federal Reserve Chairman Ben Bernanke should resign and the Fed should be abolished as a way to boos … more »
Carlyle Capital Collapse
haecus wrote 1 month ago: Leverage Wipes Out Carlyle Capital: Implications Are Ominous The Wall Street Journal is reporting C … more »
Gold Futures Soar Above $1,000 An Ounce -- Platinum Also Gains
haecus wrote 1 month ago: Gold futures briefly broke the psychologically important level of $1,000 an ounce Thursday, propelle … more »
Mortgage Meltdown
haecus wrote 1 month ago: Home Prices Falling Further Already under pressure, U.S. home prices have much further to fall, the … more »
FHA Loan Limit increases
Adeline & Tal wrote 2 months ago: Well everybody, here is some great news on the FHA increases, please read below. HUD released th … more »
All gains made in 2008, lost...
C&N wrote 2 months ago: Emerging market sovereign bonds and Latin American stocks lost all of their 2008 gains on Friday as … more »
The Government Offers Kind Words and Bandages
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Fox wrote 2 months ago: When we reported on Thursday on the continuing rise in foreclosures and the downward slide in homeow … more »
News: Defaults Up and Equity Down (Expect Drastic Political Action)
Fox wrote 2 months ago: There is more bad news today for the real estate industry. The New York Times reports today that … more »
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