Uh-Oh . . .
Shorter Fed Statement: Cut 1/4 point federal funds rateCut 1/4 point discount rateGrowth slowing, inflation risks remain Mr. Market...
No, Pending Home Sales Index Did Not Rise
"The worst part of the credit crunch" is already reflected in the data, said Lawrence Yun, chief economist for the NAR . . ....
How Big Is It?
Nice info porn in the WSJ, comparing the relative size of past crises to the current mortgage debacle:> click for full size graphic...
Housing Charts: Genesis of a Crisis
Front page WSJ article today makes for intriguing reading: U.S. Mortgage Crisis Rivals S&L Meltdown For those of you w/o access,...
SubPrime? So what?
I have long respected and enjoyed Jim Cramer, but jeez, could he have possibly been any more wrong than this? Its one thing to be...
More Trouble for Mortgage Securitizers?
Looks like the Bankruptcy Courts in San Diego are challenging parties far removed from the original mortgage to provide actual proof that...
Treasury Plan to Freeze Mortgage Rates
>"More than 30 percent of borrowers with subprime adjustable- rate mortgages are behind on their payments before their loans...
Underwriting the SubPrime Crisis
Foreclosures continue to tick higher, reaching all sorts of nasty levels in Q3, climbing to 20 year highs: "The rate of homeowners...
You ARE Your FICO Score
You probably saw yesterday’s front page WSJ article, Subprime Debacle Traps Even Very Credit-Worthy. The real fun was the great set...
Quote of the Day
Pick your century: "The global economy now faces the potential for a late-20th-century-style spike in oil prices, a 21st-century...