MI rescission issues plaguing your company? MGIC, and their shareholders, received coal in its stocking after the news came out that it was being sued by Bank of America’s mortgage unit in a dispute over claims. The suit alleges that MGIC “denied and continues to deny” valid mortgage insurance claims submitted by Bank of America’s [...]

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click here for part 1 This action has unleashed a torrent of comment.  I am sure there is more to follow. – BC   has 5 reasons – Here’s The Secret Reason We Eliminated The Bailout Caps On Fannie And Freddie – Joe Weisenthal – … Credit analyst Edwart [...]

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  Predictions for 2010: The Best is Yet to Come – Christopher Whalen – … The first issue we see in 2010 is “completing the transition into a new reality … The bulk of Option-ARM reset dates are in the still to come in 2010 and 2011 bucket. The reality [...]

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To Our Clients, Colleagues and Friends,

Last week we made fun of the Wells Fargo 2010 calendar for showing black and female stagecoach drivers, chiding them that they looked like they were trying to be politically cool.  Naturally, we heard from several Wells Fargo-ites, and sure enough, a Delia Rawson carried the U.S. mail for Wells [...]

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