Category: Home Loan
By Rabble Rouser Reverend Amy on Oct 24, 2011 in Arrogance, Bamboozling, Chicago politics, Congress (House & Senate), Current Affairs, Economy, Fannie Mae, Freddie Mac, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Pandering, President Barack Obama | View Comments
President Obama has done his darndest to go around Congress on a number of issues. His latest attempted end-run is for those who are in over their heads with their mortgages. Not just any mortgages, of course – only those by Fannie Mae and Freddie Mac. You know, the very institutions which helped to get [...]
By Rabble Rouser Reverend Amy on Mar 27, 2010 in ACORN, Chicago politics, Congress (House & Senate), Fannie Mae, Freddie Mac, Home Loan, Mortgages, Racism | View Comments
Or is it? Much has been made of late about the national office of ACORN shutting down, on April 1st, no less. Yes, that is a bit telling in and of itself. Hence this article, ACORN SWAP?. That pretty much sets the tone: ACORN, the embattled community activist group, says it is disbanding. The group, [...]
By Larry Doyle on Aug 14, 2009 in Economy, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog) | View Comments
Can we truly expect our economy to return to LONG-TERM health if the housing market remains under severe pressure? I think not. While Wall Street rebounds, Main Street continues to lose value. How so? Home foreclosures continue to run at breakneck speed. Bloomberg reports, U.S. Foreclosure Filings Set Third Record-High in Five Months: Foreclosure filings [...]
By Pat Racimora on May 4, 2009 in Crime, Current Affairs, Economy, Home Loan, Housing & Housing Crisis, Mortgage Crisis | View Comments
(bumped up from this morning) The economy is booming in at least one sector, namely fraudsters out to separate you from your money. These human stains have always existed, of course, but the meteoric rise in the sheer number of scams in recent weeks is startling. And what better target than the already weakened? People [...]
By Uppity Woman on Apr 21, 2009 in Economy, Home Loan, Housing & Housing Crisis, Unemployment | View Comments
The word is, only 610,000 people filed for unemployment last week (a holiday week). That’s a drop from previous weeks. Let’s all go out and buy a car. Of course, let’s face it, the number would almost have to go down at this point, simply because there are fewer people left out there who are [...]
By Larry Doyle on Mar 12, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Employment, Equity Markets, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog), Stimulus Plan, Wall Street | View Comments
***Cross-posted from my blog, Sense on Cents. Come by and visit! At the core of most, if not all, of our economic problems lies housing. I do not need to replay the tape of low rates, shoddy underwriting, and Wall Street securitizations that all played a dramatic role in creating a bubble the likes of [...]
By Larry Doyle on Mar 10, 2009 in American Consumers, Banking Institutions, Barack Obama, Economy, FDIC, Home Loan, Housing & Housing Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog), Wall Street | View Comments
Editor’s Note: Stay tuned for a new story on Sheila Bair tomorrow morning. * * * * * * * * * * * * * * * * * * I thoroughly respect Sheila Bair. Our Head of the FDIC has been an honest broker each and every time I have heard her speak. [...]
By SusanUnPC on Mar 5, 2009 in Credit Card Companies, Home Loan, Housing & Housing Crisis | View Comments
Aired on CNN on Sunday, and captured by the always resourceful CheneyWatch.org main man who keeps our NoQuarter YouTube channel full of fascinating videos that you’ll want to visit and check out. I LOVE SUZY’s STORY ABOUT HER DRIVER JOHN! JOHN is not a dead-beat, a bum, a liar or a cheat! Yet he is [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | View Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February: Let’s review my specific projections from the January 2009 Recap:
By Larry Doyle on Feb 28, 2009 in American Consumers, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Economy, Employment, Equity Markets, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Wall Street | View Comments
The mortgage interest deduction has been a cornerstone of American tax and housing policy. In fact, I can’t count the number of times I conversed with my accountant about maintaining mortgage debt based upon the feeling it was the one deduction the government would never touch. Well, never just pulled into the driveway! For clarification [...]
By American Girl in Italy on Feb 19, 2009 in Barack Obama, Home Loan, Housing & Housing Crisis | View Comments
Obama just rolled out a plan for the housing crisis. I have not read and digested the entire plan yet, but I do support the idea of bailing out homeowners in danger of defaulting or have defaulted on their loans. I wrote about it in an earlier post, *my stimulus package*. The inability to pay [...]
By Larry Doyle on Feb 8, 2009 in American Consumers, Banking Institutions, Credit Card Companies, Current Affairs, Economic Stimulus, Economy, Home Loan, Housing & Housing Crisis, No Quarter Blog, NoQuarter Radio, stimulus tax package | View Comments
(BUMPED DOWN – PROGRAM OVER. Click on the image to listen via BTR, or use our instructions for iTunes in the right column!) Join me and my special guest in minutes, from 8:00 to 9:00 p.m. ET as we discuss a wide array of financial and economic issues from Wall Street and around the world. [...]
By NoQuarterLive on Jan 25, 2009 in American Consumers, Banking Institutions, Economic Stimulus, Economy, Hank Paulson, Home Loan, Housing & Housing Crisis, NoQuarter Radio, Open Thread, Real Estate, SEC, Tim Geithner | View Comments
Program concluded & promo bumped back … Afterwards, the archived show is up at BlogTalkRadio or via iTunes/iPod (see our instructions in the right column under No Quarter Radio).) Join us in 10 minutes for LD’s weekly radio show tonight at 8:00 p.m. ET to 9:00 p.m. ET. We’ll discuss a wide array of financial [...]
By NoQuarterLive on Jan 4, 2009 in American Consumers, Banking Institutions, Current Affairs, Economy, Home Loan, Housing & Housing Crisis, No Quarter Blog, NoQuarter Radio, Open Thread | View Comments
********************************* SPECIAL GUEST TONIGHT ********************************* Join us as we chat with KD, Kevin Doyle, the founder of 12th Street Capital. Kevin formerly worked at Paine Webber and Countrywide. He has extensive personal experience dealing with sub-prime originations, structured products, rating agencies, regulators, and investors. Will be an enlightening conversation and peek into this sector of [...]
By Larry Doyle on Dec 27, 2008 in American Consumers, Auto Industry, Banking Institutions, Barack Obama, Current Affairs, Economic Stimulus, Economy, Hedge Funds, Home Loan, Housing & Housing Crisis, Obama Administration, Obama's Cabinet | View Comments
(bumped up from Friday afternoon by Susan – GO, LD!) In the spirit of traveling to be with loved ones for the holidays, I thought it may be appropriate to launch our second trip from LD’s Dollars and Sense “Central Station.” Our maiden voyage on December 19th was, from all reports, a resounding success. We [...]