Search results

There is a saying in the industry: <em>Once you are subprime, you are always subprime.</em>

There is a reason why calculating it in terms of percentages are more important than calculating them in terms of basis points. Even if the unemployment rate drops from 10.2% to 9.8%, that doesn't mean that less people are unemployed because the labor force will have increased due to population...

What are you talking about then? Because you were trying to poke fun at my math, when it was correct, and yours is not a proper way to calculate an increase in percentage terms.

Let me clarify, I took this month's unemployment rate of 10.2% and compared it to last month's rate of 9.8%. Which means the unemployment rate of 10.2% increased from 9.8%, representing a 4% increase from last month. And the professional services sector is up by a small tick from last...

I haven't been playing at all for months. Nice to see my portfolio at least stayed the same for not caring. I might jump in next week. I have some serious catching up to do with GE killing it. BV... is that you? As long as I stay green I'm happy. We'll see if I have the time to do this.

Funny, I show the math month after month that shows the REO sales from the MLS have never kept pace with the foreclosures from DataQuick. I also know that Foreclosure Radar misses quite a few properties. I, like awgee, know of several properties that are sitting as REO from more than six months...

McD, congrats to you and your family on your new, er well built timely classic and vintage home. I remember how you said you had narrowed it down to two streets that you want to live and now you get to live there. In any market, hot, cold, or dead cat bounce that is tough to find, and since you...

I wish this thread was like it was back in the day when people cared. But, <a href="http://www.mcclatchydc.com/227/story/77852.html">THIS IS THE MUST READ ARTICLE</a> in a long time. This article still doesn't dive into WHO brokered the loans, and WHAT the "exceptions" were. If they did... it...