Man uses pigs to trash own house after foreclosure. What a stink! No, I'm not making this up!
Housing.com blog is putting blogging " aside for a while." He writes "I'd like to think I helped a few people get better advice about their mortgages, and not fall into the trap of interest-only loans and million-year deals." I'm sure you did. :-) Best wishes!
Check out Shadow Government Statistics.
The Florida - Paradise Lost blog has not been updated since March 9th. In one memorable sentance "In the supposedly altruistic notion of converting more people into homeowners (regardless of creditworthiness), all sorts of exotic instruments were employed over the past 5 years." Frank, it was a quality blog. :-)
Speed of subprime bust surprises lenders (CNN Money) "Michael Marriott, a panelist and managing director for Credit Suisse, said, "Last October, I predicted the subprime market would collapse and many issuers would go out of business. But the violence and speed of the market sell-off surprised people." [ Hattip to Economic Despair ]
Monday, May 28, 2007
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