Archive for the 'banking' Category

Alt-A Loans and Option ARMs meet Strategic Defaults: The Perfect Recipe for a Toxic California Housing Market in 2010. Behavioral Economics of Housing and Top 7 California Regions with Active Alt-A Loans.


California’s Financial Depression: Unemployment and Underemployment rate at Great Depression Levels. 23 Percent Unemployment for Biggest State in the Nation. California Will not see Housing Peak until 2030.


5 Reasons for Caution in the Stock Market and Housing Casino. Public Private Investment Program gives it a go. $64 Million Gives you Access to $1.3 Billion in Unpaid Principal.


Shadow Inventory Revisited: Silent Alt-A Mortgages, Southern California REO, and the Great Public Swindle.


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