Category: Home Loan
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) | 46 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 in the [...]
By Pat Racimora on May 4, 2009 in Crime, Current Affairs, Economy, Home Loan, Housing & Housing Crisis, Mortgage Crisis | 54 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 | 37 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 actually [...]
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 | 20 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 which [...]
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 | 7 Comments
Editor’s Note: Stay tuned for a new story on Sheila Bair tomorrow morning.
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I thoroughly respect Sheila Bair. Our Head of the FDIC has been an honest broker each and every time I have heard her speak. I looked [...]
By SusanUnPC on Mar 5, 2009 in Credit Card Companies, Home Loan, Housing & Housing Crisis | 10 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 on [...]
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 | 13 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 | 48 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 | 98 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 | 2 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 | 17 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 and [...]
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 | 31 Comments
*********************************
SPECIAL GUEST TONIGHT
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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 the market [...]
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 | 96 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 [...]
By Larry Doyle on Dec 19, 2008 in American Consumers, Banking Institutions, Current Affairs, Economic Stimulus, Economy, Home Loan, Housing & Housing Crisis | 50 Comments
On our radio program last Sunday evening, I indicated that I was planning on launching a forum to field our loyal readers’ and followers’ questions and comments about the economy and the markets, from Wall St. to Main St. While we are working on a more elaborate cover page to highlight this forum, please allow [...]
By NoQuarterLive on Nov 23, 2008 in Credit Card Companies, Current Affairs, Economic Stimulus, Economy, Home Loan, Housing & Housing Crisis, No Quarter Blog, NoQuarter Radio | 12 Comments
One of LD’s missions tonight will be to help us — each of us in our own personal lives and checking accounts and credit card bills and portfolios and 401Ks — avoid the scenario in that image (borrowed from Uppity) to your left. He chose this title for his new NoQuarter Radio show:
No [...]
By Larry Doyle on Nov 8, 2008 in Credit Card Companies, Current Affairs, Economy, Home Loan, Housing & Housing Crisis, Unemployment, Zbigniew Brzezinski | 16 Comments
The highly anticipated October employment report came in as follows:
unemployment rate
6.5% up from 6.1%
non-farm payrolls
-240k jobs vs consensus estimate of -200k
September revision
a loss of 284k jobs from initial [...]
By Bud White on Oct 27, 2008 in 527s, Barack Obama, Campaigns & Campaign Financing, Democratic Nomination, Fund Raising, Hillary Clinton, Home Loan, Housing & Housing Crisis, Howard Dean, Nancy Pelosi | 37 Comments
[OUTSTANDING NEWS! THE DENVER GROUP IS REPORTING THAT OUR COMMUNITY HAS RAISED $1900 IN THE SHORT TIME OF THIS FUND DRIVE -- GIVE NOW!!!]
At the end of the Democratic Primary season, this was the situation:
Popular Vote
Senator Hillary Rodham Clinton: 17,857,446, (48.04%)
Senator Barack Obama: 17,584,649 (47.31%)
Pledged delegates
Senator Hillary Rodham Clinton: 1,730.5 (39.17%)
Senator Barack Obama: [...]
By Larry Johnson on Oct 18, 2008 in Barack Obama, Chicago Mansion, Chicago politics, Corruption, Crime, Current Affairs, Home Loan, Housing & Housing Crisis, John Batchelor, Patrick Fitzgerald, Tony Rezko | 37 Comments
Just like the real estate bubble, which exploded like the Death Star, the Worship Our Savior Barack train is going to derail. According to the Washington Times, a criminal complaint has been filed by a real estate appraiser who claims a fraudulent appraisal was used for the lot eventually sold to Barack Obama:
A former [...]
By Larry Doyle on Oct 16, 2008 in Current Affairs, Economy, Home Loan, Housing & Housing Crisis | 1 Comment
I am happy to provide you with a full accounting of what occurred from the late ’90s to the present.
–The repeal of Glass-Stegall (GLBA) is a total non-event in the midst of the current economic turmoil. What this repeal did was allow commercial banks to get more deeply involved with investment banking activities. Thus, JP [...]
By Uppity Woman on Oct 13, 2008 in ACORN, Barack Obama, Bolshevikization, Chicago School Reform Collaborative, Economy, George Soros, Home Loan, Housing & Housing Crisis | 145 Comments
Update: “Obama Tells a Tax-Burdened Plumber That the Plan Is to ‘Spread the Wealth Around’”
Obama tells a future Comrade that his pie is about to be raided.
:::::::::::::::::::::::::::::::::::::::::::::::::
All for the Glorious Cause, Comrades! All for the Glorious Cause!
lf you plan to benefit heavily from Barack Obama’s so-called “tax cuts,” you will have to be [...]
(Release: November 13)
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