housing bust

Welcome to the 'housing bust' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'housing bust'.

Latest blogosphere posts tagged “housing bust”

• How Do You Get A Loan Modification?

  
  CHESSNOID — Authority: 138
  The banks are still breaking foreclosure records and the inventory is growing.  I have heard references that it costs the banks between $30,000 to $50,000 per foreclosure.  That is a lot of money just to take back a house.  So why don’t the banks just modify the loan terms? We bailed out the banks, we lowered ...
  1 day ago

• 7.1 Million Foreclosures 2008-2009

  
  CHESSNOID — Authority: 138
  That’s how many foreclosures the United States has had which is bigger than the population of most countries.   Many media outlets are trying to focus on the positive that there are less foreclosures now than July 2009 (the truth is we had more total foreclosures : 3.9 million in 2009 vs 3.2 million in 2008).  ...
  1 day ago

• WSJ: House Flipping Making a Comeback

  
  Fund My Mutual Fund — Authority: 595
  Good news folks; one of the foundations of economic prosperity in the 2000s - manufacturing products other countries want house flipping -  is making a comeback as trillions of free money is borrowed / printed, and thrown into the system.  Its amazing how "resilient" the economy is when you trash future ...
  2 days ago

• “Mish” Shedlock: unemployment rate will be over 10% all the way through 2015

  
  CHESSNOID — Authority: 138
  This is very bearish news and if it proves to be true, I recommend preparing for the worse. We have only had 10% unemployment for 2 months officially, so if it maintains double digits for 5 years, things are going to be rough for everyone in every field. According to Mike “Mish” Shedlock, he thinks the ...
  3 days ago

• Meredith Whitney latest video on the economy 12.08.2009

  
  CHESSNOID — Authority: 138
  This is the latest Meredith Whitney video I could find with her assessment on the current economy.  I have to agree with her.  She has been accurate with her previous forecasts and based on what she says here it looks like more bad news up ahead.  Her main examples of tight credit with credit cards like American ...
  3 days ago

• The Obama Home Affordable Modification Program (HAMP)

  
  CHESSNOID — Authority: 138
  I think the idea and the intent is good.  The execution is terrible.  I sincerely think Obama needs to surround himself with more hands-on result oriented people than academic professors on his economic team.  Bernanke (there is no recession),  Geithner (let’s give bonuses to the bailed out banks) , and Romer ...
  3 days ago

• Quotes For The Week

  
  Boom2Bust.com — Authority: 540
  Well, I’m not a great believer in Chinese economic statistics. I mean, they’ve learned one thing from the U.S.— how to massage and doctor economic statistics . So I don’t take that on face value… I suppose that a lot of governments will be bust, including the U.S. … So what we’ve seen is just the ...
  4 days ago

• Are Debtors Revolting Against the Bailed Out Banks and Credit Card Companies?

  
  CHESSNOID — Authority: 138
  Awhile back, I saw this video from Rockerchic4God and posted her video here on my blog.  I will repost her video below so you can listen to her explanation of why she has decided to withhold her payments from her credit card company.  In a nutshell, the bank increased her interest rate and minimum monthly ...
  4 days ago

• NYT: Why Many of the New Home Loan Modifications Fail

  
  Fund My Mutual Fund — Authority: 595
  It is so dispiriting to see so much wasted money to support the Ponzi economy and all its subsets such as housing.  Rather than allowing the market to clear, albeit painfully but in much more quick fashion, we are borrowing & printing countless dollars and putting the obligations on future generations.  We ...
  5 days ago

• Middle East News – Showcase: Dubais Improbable Tale | Global News …

  
  Dubai for Visitors — Authority: 154
  Showcase: Dubai’s Improbable Tale Lauren Greenfield traveled to Dubai earlier this year to photograph the housing bust. Her evocative photographs now seem prescient as well. Top Leaders Fail to Attend Meeting in Iran s Parliament … Read more here: Middle East News – Showcase: Dubais Improbable Tale | Global ...
  6 days ago

• CNBC Reporter: Home Prices Not Improving Overall

  
  Boom2Bust.com — Authority: 540
  If the housing Pollyannas think they can depend on CNBC for bullish housing news, they might want to reconsider. From CNBC’s Diana Olick on Wednesday: I know recent monthly data has everyone thinking that the freefall in home prices is over. I don’t buy it. I’ve said it before, and I’ll say it now. ...
  1 week ago

• Wall Street Cheers Unemployment Numbers

  
  CHESSNOID — Authority: 138
  The unemployment number went down which should be a good thing no matter what.  Right?  The question is how accurate are the numbers and which reports are they reporting.  Just a week ago, the TV media showed how crowded the stores were for Black Friday and how sales were probably going to increase, then a week ...
  1 week ago

• Senator Jim Bunning: failures of Federal Reserve Chairman Ben Bernanke

  
  CHESSNOID — Authority: 138
  I do hope we have enough senators like Senator Bunning with courage to do the right thing for the American people and get rid of the establishment that created this financial debacle we are in. Senator Bunning  knows Bernanke is a failure in the real world with no experience.  He also shares my views on ...
  1 week ago

• The Federal Reserve, 0% interest rates, and the housing crisis.

  
  CHESSNOID — Authority: 138
  The same economist Brian Wesbury, chief economist at First Trust, has another video on his views on the Federal Reserve, the origin of the housing crisis, and the weaknesses he sees with the Fed’s chairman Bernanke.  The more I listen to this economist, the more I agree with him. Tech Ticker: “If I were a ...
  1 week ago

• Economists say big government is a problem for creating more jobs

  
  CHESSNOID — Authority: 138
  There are many economists on both sides of the argument. I listen to what they say and try to see if the examples they use in their argument make sense and support their theory. This economist Brian Westbury sounds like he is repeating the same ideas I have heard from Ron Paul, Peter Schiff, and others that are ...
  1 week ago

• Professor advises underwater homeowners to walk away from mortgages

  
  CHESSNOID — Authority: 138
  I blogged about jingle mail and walking away from a bad mortgage or investment a few times.  I see in the L.A Times a law professor teaching some useful information and educating people about foreclosures .  I reprinted the whole thing here because I personally agree with him. Los Angeles Times: Professor ...
  1 week ago

• US Housing Foreclosures and Recovery

  
  CHESSNOID — Authority: 138
  Foreclosures in the United States have not stopped.  It is still increasing and there is a shadow inventory of bank REOs sitting empty and not for sale.  This is probably due to accounting rules of mark to market .  Regardless, the efforts of keeping those in active foreclosure and living in the homes is not ...
  1 week ago

• How high will gold go? part 2

  
  CHESSNOID — Authority: 138
  I purchased gold ETFs near the beginning of the year instead of jumping back into stocks. This was more of a defensive move because I was worried about the US dollar and the crazy deficits we were and are still incurring.  I think many others share the same concerns with all the spending our government is doing ...
  1 week ago

• Howard Davidowitz video 12.01.09 talks numbers

  
  CHESSNOID — Authority: 138
  Howard Davidowitz is very animated when talking about the numbers. He is also very accurate. I like the fact he relates the numbers in context vs just cheer lead everything is better because the media says it is. What Recovery? U.S. Consumers Getting “Dramatically Worse,” Howard Davidowitz Says “The ...
  1 week ago

• Afghanistan: Surtax The Surge Stupidity

  
  CHESSNOID — Authority: 138
  Seriously, we need to withdraw the troops from both Iraq and Afghanistan.  It is a waste of money, nor can we afford it.  As a matter of fact the reason why we went from budget surpluses from the Clinton years with a 12 year plan to be debt free to the worse economy since the Great Depression is because of Bush ...
  1 week ago

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