Archive for the 'banking' Category

Alt-A Loans and Pesky Resistant Subprime Loans: The Lingering Mortgage Beast. $1.1 Trillion in Active Toxic Waste Mortgages. PennyMac Ready for Toxic Mortgages. What Happened to the Public-Private Investment Program?


977,000 Mortgages in California are Toxic Waste: The Misleading Headline Numbers and New Home Sales Increase because of a $13,000 Price cut.


Spawning a Mortgage Disaster: The Birth of the Adjustable Rate Mortgage in 1982. California Confidential. A Budget Mess and Massive Cuts. S&P 500 Stock Market Speedway.


The Elusive California Housing Bottom: The Relationship between Unemployment and Housing Prices. Market Conditions point to a 2013 Market Bottom.


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