COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITOR’S QUESTION: Just what do they expect these people to do? The actual number of underwater homes  is now approaching 20 million or 40% of all homes — again because of the way they measure it, leaving out things that directly affect the actual price paid […]

Tags: Business News, CoreLogic, foreclosure crisis, foreclosures, home prices, home sales, negative equity, Underwater Mortgages
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: Home sales will continue to drop, home prices will continue to drop, banks will continue to fail until principal reduction is recognized as the reality of the situation. More than 11 million homeowners are reportedly under water. The real number is closer to 20 million. see Modifications Pushing More Homes Underwater. Our economy cannot […]

Tags: bank failures, borrowers, FDIC, home sales, homeowners, investors, modifications, Sheila Bair, underwater, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

By Brad Keiser, 6-13-08 My friend Tom and I coach our daughter’s basketball team together. Tom is in the aviation fuel business but is a pretty innovative guy both in coaching and in business. He asked me the other day, “Brad, you are a former banker isn’t there some way for an opportunistic guy to […]

Tags: CD rates, foreclosure, home sales, Jim Cramer, lender, real estate investing
Posted in bubble, Eviction |