January 25, 2010

Home Sales See Biggest Monthly Drop In 40 Years

Home Sales See Biggest Monthly Drop In 40 Years by The Associated Press Enlarge Ben Margot/APSales of previously occupied homes fell 16.7 percent in December, missing analysts’ expectations. Ben Margot/APSales of previously occupied homes fell 16.7 percent in December, missing analysts’ expectations. January 25, 2010 Sales of previously occupied homes took the largest monthly drop …

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No Worries About "Morality" in Biggest Real-Estate Default in History

see Morality NO Issue in Big Strategic Defaults Of residential property Why Not for Homeowners No Worries About “Morality” in Biggest Real-Estate Default in History Posted Jan 25, 2010 11:59am EST by Henry Blodget in Investing, Recession, Banking, Housing Related: dia, spy, xlf, len, kbh, blk Over the past few months, arguments have raged about …

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TRUE SALE and ASSIGNMENTS: The Nature of REMIC

From “Anonymous” Editor’s Post: It’s always a pleasure to read something where someone actually knows what they are talking about. The following post was picked up from the comments. The key points that are relevant to the Qualified Written Request and Discovery are 1. In the shuffling of paperwork, where was a “true sale” of …

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