It’s Monday, Fannie and Freddie have both been rebranded as "Feddie" and housing is going to the dogs, I mean cats: [Thanks M!]
Cats on a bank-owned roof: Bobcats claim fore...
In my ramblings around the web I ran across this "Phoenix Foreclosure Flip Case Study". The agent who posted it said:
This is a case study of some of the real estate investment op...
Twist handed this [1] over to me before she left for a brief appointment. Doom will be following this breaking story through the rest of the day.
STATEMENT OF FHFA DIRECTOR JAMES B. LOCKHART
Good ...
The top headline on CNBC this morning is "Fannie, Freddie Shareholders Face Wipeout"
Details of a plan that could lead to a government takeover of Fannie Mae and Freddie Mac are...
From today’s Arizona Republic:
Silver State Bank, which has four branches scattered across the Valley and ties to a son of presidential nominee John McCain, was shut down by regulator...
It looks like we’ll have "Feddie" after all: [Hat tip to John- who was following the latest yesterday]
Sept. 6 (Bloomberg) — Treasury Secretary Henry Paulson is prepar...
It’s Friday, and despite all the rosy "bottom" prognostications from some analysts, economist Robert Shiller still sees more pain ahead for housing. He says: [Thanks L!]
...
As reported [1] yesterday by Reuters, foreign central banks sold a net $9.75 billion of agency debt in the week ended September 3rd. Reuters extracted the data from FRBNY’s weekly statistica...
On Tuesday Britain announced it’s own bailout plan for their battered housing market- exempting homes under 175,000 pounds [311,000 USD] from first year property taxes.
In response the...
Another Arizona condominium project seems to be coming up a little short: [Hat tip MR!]
Developers are planning to put the partially completed condominium complex 44 East Broadway on the m...
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