Housing Prices Fall to New Lows Without Buyers
May 31, 2011
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE "EMOTIONAL SCARS ON THE AMERICAN PSYCHE" "Housing is locked in a downward spiral" EDITORIAL COMMENT: Why would anyone buy when they are uncertain as to virtually all market conditions including the fact that they might be getting "title" from someone who doesn't have it? Anyone who buys now…[...]
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE 56545204-MBIA-v-MS-DENIED-w It is interesting how the same allegations made by an institution are taken more seriously. In fact, the Court leaves in the prayer for punitive, consequential and future damages. Here MBIA is suing Morgan Stanley for lying about the risks and the nature of what they were…[...]
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE "someone needs to say the obvious" If it is right for the investors, pension funds etc. to refuse living the lies of the bankers why isn't it right for the rest of us? If the investors are not interested in getting involved with the falsely created "loans" and…[...]
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S COMMENT: The truth is that the "home retention" or "modification" programs are a farce. They are merely a cover for the actual plan in effect which is to get as many houses in their pocket before the reality of the illegality of all these mortgages, notes, obligations,…[...]
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"The sad part of this whole picture is that even after so many homebuyers were victimized, that the homeowners who fortunately were not, are not standing by those that were and bought into the story for the first several years that it was the dead beat homeowner that caused this demise, and with that mindset, they actually paved the way…[...]
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S NOTE: A recess appointment is one in which the President appoints someone during a congressional recess. I'm no expert on the details but I know that recess appointments have been extensively used, particularly by the Bush administration to get around the requirement of getting congressional approval. If Congress is not…[...]
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S COMMENT: How in the world can anyone say that weakness is consumer spending is surprise. we all know they have no money, no credit and bleak prospects in the job market. Where's the surprise? A Weak Consumer Weighed on Growth in the First Quarter By REUTERS WASHINGTON (Reuters) — Unexpectedly…[...]
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM JOHN GALT, BUT ATLAS IS STILL SHRUGGING I’m taking this as an invitation to discuss the fact and ramifications of the noteowner NOT being a holder in due course (one who takes a note, for instance, with notice of its dishonor, i.e., it’s in default ) is not a holder…[...]
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S NOTE: I am tired of reading about how economists express surprise at the sluggish economy. The same goes for when they express hope at slightest uptick in any index that is followed, none of which are real representations of economic activity. As the recent new York Times Editorial stated, as…[...]
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S NOTE: After years of revealing on this blog the many illegal foreclosures on property owned by service people who were on active duty, putting their lives on the line for their country, and laws that have long been in effect that such actions cannot be taken against military personnel, the…[...]
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