Entries from January 2009

MortgageNewsClips: Short Sales, 10 Ways to Buy, Thomas Sowell, Dudley at NY Fed, Damages Ahead, Subpoenas Coming, Dump FAS 157, Cram Down Debate, Dumb Bubble Deals, FHFA, Fair Value Pull Back, Warming Up, Loss Ratios, Bert Ely

January 29th, 2009 · No Comments

 

Foreclosure Moratorium Spurs New Interest in Short Sales – Tom Gordon – … By working with loan servicers, some homeowners will be able to modify their loan terms and stay in their homes. But many won’t.  Not all borrowers will qualify for modified loans. Lenders are keenly aware of this, as well as the fact [...]

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Tags: Mortgage Market

Ira Artman’s Sterling Slivers: Now And Then – Bank Nationalization, Mergers and Regulation

January 29th, 2009 · 1 Comment

                                                               Source: © Despair, Inc./Despair.com, Government. NOW: ABC NEWS THIS WEEK, 25 Jan 2009. SPEAKER OF THE HOUSE: Well, whatever you want to call it… If we are strengthening [the banks], then the American people [...]

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Tags: Mortgage Market

What rhymes with "Sells Cargo" and reported earnings today?

January 28th, 2009 · No Comments

what-rhymes-with-sells-cargo-and-reported-earnings-today

The big news of the day, besides more bank earnings, is that a coach of a Texas high school got fired after beating another team in basketball 100-0. The coach would not apologize, since his girls played with honor and integrity (his words) in beating Dallas Academy , which has 8 girls on the team [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

Big on the Pig

January 28th, 2009 · No Comments

Pork is a symbol of progress and prosperity. That’s why New Year’s dinner traditionally includes pork. In the South, our New Year’s meal includes ham hocks, hog jowls, or fatback cooked with black-eyed peas and collards to give these vegetables a fabulous smoky flavor. They (and all other vegetables) are cooked in the fatty [...]

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Tags: Mortgage Market