Archive for May, 2011


WILMINGTON, Del. (MarketWatch) — Washington Mutual Inc. (WAMUQ) has reached a deal to quiet shareholder protests over its billion Chapter 11 exit plan, Brian Rosen, attorney for the company, said Tuesday.


With the 2012 election lineup up for grabs, David Stockman may be the GOP’s best candidate for president. A hero in American politics, he’s a rare no-B.S. truth-teller who’s been delivering the same message since 1986, after leaving the Reagan White House.


Israel’s housing minister, like his predecessors, has been continuously criticized for failing to bring down housing prices. Now, the government believes it has found the magic wand, effectively reducing an average new apartment’s price by some 10% and by as much as 25% for a small flat in a remote town.

Find more subprime information from Google

This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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