The Mortgage Lender Implode-O-Meter is now up to 50. The subprime mortgage market continues to decline. Will it spread up the chain to the Alt-A level? Yes Sir!
Las Vegas ain't hot anymore. Pick your poison: houses or at the casino? Housing Doom reporting on declining home values there.
The Baltimore Housing Blog has been hacked. Their new site is here. Great blog, keep up the excellent work. :-)
Patrick advocates against a subprime bailout. He asks "Why should everyone who was responsible and did not borrow too much for a house be asked to bail out the gamblers who did?"
Saturday, April 07, 2007
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