Archive for the 'banking' Category

$1.1 Trillion in Toxic Loans: $908 Billion in Interest Only and $198 Billion in Option ARMs. The Zombie Loans that Simply Don’t Die.


The Gospel of Economic Prosperity: Lessons from the Great Depression Part XXVIII. Pretend and Spend and Success will Come.


FHA Backed Loans and No Money Down Government Financed Mortgages with Seller Funded Down Payment Assistance: $8,000 Tax Credit Costing $45,000 for Each Additional Home Sale.


Shadow Inventory Proof and Banks Delaying Losses for another Day. Banks Employing the Stick Your Head in the Sand Solution for the Financial Crisis.


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