Archive for the 'fraud' Category

The great American mortgage casino – How the Goldman case is about the broken down system that allowed massive gambling in America’s housing market for the last decade. Average sales price down because distress sales still account for 30 percent of home sales nationwide.


The Shadow Inventory of Orange County California. Median Home Price Still Down 33 Percent from Peak for County, Short Sales Make up One-third of MLS Data, Shadow Inventory over Twice MLS Inventory. $2.2 Million Ladera Ranch Property Selling for Half off.


Fannie Mae and Freddie Mac Behind the big number of Canceled Foreclosure Auctions? $745 Billion Bailout to Erase Negative Equity for Every Underwater Homeowner. Fannie and Freddie Uncapped. Prelude to new Bailouts?


2010 Economic Forecast for California: What 10 Reasons Will Keep a lid on the Housing and Economic Recovery for California?


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