State launches senior-friendly reverse mortgage site -  Boston Business Journal 
————

Ocwen Financial Corp. Q2 2008 Earnings Call Transcript - seeking alpha
————

MS and Goldman change approach to lending - Henny Sender - key sentence … Morgan Stanley’s use of the credit insurance market as a basis for lending decisions underscores the extent to which the derivatives market […]

[Read more →]

Crude’s Slide Greases A New Bull - Martin T. Sosnoff - Hang on for a raging bull market once a bottom in home prices joins up with cheaper commodities. - Forbes 
————
Recession of 2008? Evidence Is Still Weak - Bill Conerly -  Businomics Blog
————

Pitfalls of Countrywide acquisition - RACHEL BECK - … “This deal is so […]

[Read more →]

Freddie: Won’t Buy New York Subprime Mortgages - PAUL JACKSON - … Apparently, nobody asked Freddie (and likely Fannie) for their opinion on the new law before it was passed; and at the end of the day, Freddie’s move to halt purchases underscores what may become a larger issue as consumer advocates press for more […]

[Read more →]

VIDEO: Jim Rogers Speaks the Truth about Fannie Mae and Freddie Mac (we double the national debt by $5 Trillion in one weekend) - youtube 
————

Nobel Economist Stiglitz Outraged That Fannie (FNM), Freddie (FRE) Paying Dividend With Our Bailout Money - Evan Mckenzie - The Privatopia Papers 
————
  
Credit Crisis May Persist until 2010 - Economic indicators […]

[Read more →]

    
Continuing Job Claims and the “L” Shaped Recession - Minyanville Professor Bennet Sedacca posted a stunning chart this morning on continuing unemployment claims. Here it is. - MISH’s Global Economic Analysis
————
  
Is retiring early unpatriotic? - By staying on the job longer, boomers could help spur the economy and ease America’s worker shortages, the […]

[Read more →]

READ THIS:  Mike Farrell is the smartest guy in the room when it comes to mortgage reits - This earnings call transcript has a lot of good information, and well worth taking the time to study - Annaly Capital Management, Inc. Q2 2008 Earnings Call Transcript -seeking alpha
————

Derivatives Signal Fed Changes Will Help Ease Funding […]

[Read more →]