Archive for 'bubble' Category
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary AS USUAL OVERLY OPTIMISTIC PROJECTIONS TO PACIFY THE PUBLIC DOES OBAMA WANT TO BE A ONE-TERM PRESIDENT? EDITOR’S ANALYSIS: Bernanke is clearly back-peddling from the rosy predictions everyone was making earlier, thus corroborating what we have been saying on these pages for years. The recovery, […]
Matt Geiger’s mansion finally sells — at a deep discount By Mark Puente, Times Staff Writer In Print: Thursday, January 6, 2011 The largest mansion in Pinellas County has finally sold after nearly four years on the market. Former NBA player Matt Geiger sold his 28,000-square-foot palace in Tarpon Springs for $8 million to out-of-state […]
REIGN OF ERROR SUBMITTED BY Allan O’Brien Denchfield America’s housing bubble still deflating As they failed to spot the bubble, most economists seem oblivious of the threat of further market falls to come Dean Baker Wednesday January 5 2011 guardian.co.uk http://www.guardian.co.uk/commentisfree/cifamerica/2011/jan/03/useconomy-economics How many economists does it take to see an $8tn housing bubble? The answer […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary see CNN Report and Video BANKS DUG THEIR OWN GRAVE ON QUIET TITLE ACTION Whatever they say will be suspect from now on see ibanez-huge-win-for-borrowers-in-massachusetts-non-judicial-state-high-court They never did the assignment and later when they tried to correct that problem they found they were in the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary READ FULL DECISION HERE—-> MA S Ct 1-7-11 usbank see ibanez-decision-analyzed see CNN Report and Video NOTABLE QUOTES: “Where, as here, mortgage loans are pooled together in a trust and converted into mortgage-backed securities, the underlying promissory notes serve as financial instruments generating a potential […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE investors-and-borrowers-could-share-common-interests-and-solve-the-problem The experiment is about 18 hours old and the pace is picking up by the hour — we already have dozens of borrowers who are offering to do some horsetrading directly with investors who bought mortgage backed securities. KEEP THEM COMING! The exclusive […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: Even if we forget about the gigantic near-term problem — namely, that the federal government is in the housing market mainly because most banks simply won’t issue mortgages that can’t be guaranteed by Fannie, Freddie or the Federal Housing Administration — there’s the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: As concern mounts that the entire title infrastructure has been put at risk by shoddy practices in lending, recording, transferring and foreclosing mortgages, a New Jersey Judge has set a hearing to consider suspension of ALL foreclosures by the megabanks pending further investigation. […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary THAT LIGHT AT THE END OF THE TUNNEL IS A TRAIN COMING AT US. State revenue was $1.6 trillion. Latest report is $1.1 Trillion. That is a 12 month drop!! As we all know governments don’t typically save money, so there is nowhere to go […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary GET RID OF THE MIDDLEMEN NOTE TO INVESTORS AND BORROWERS: IF YOU ARE SERIOUS ABOUT RESOLVING THE MORTGAGE CRISIS AND YOU WANT TO DO SOMETHING ABOUT IT WRITE TO ME AT neilfranklingarfield@gmail.com. EDITOR’S NOTE: For those of you who have followed the blog from the […]
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