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God save us.

WHAT? Top Stories Stocks Open Higher on Upbeat Earnings Results- AP Stocks are opening higher after stronger-than-expected quarterly results from names like Coca-Cola Co., JPMorgan Chase & Co. and United Technologies Corp. gave investors some reassurance about the health of the...

To Hell in a Handbasket........... Top Stories Stocks Plunge on Fears About Financials- AP Stocks are getting knocked lower again as investors grapple with escalating instability in the financial sector. Wall Street is awaiting testimony from Federal Reserve Chairman Ben Bernanke...

I was just about to start a thread on this same topic. The day the FED officially killed the housing market. This is such a stereotypical knee-jerk reaction, and it will spiral us into oblivion. You can make the argument that loans should always have been originated full-doc, and I won't...

self explanatory

I can think of a million iron-clad retorts to your questions, but I'm spent. Instead I will simply suggest you go splurge on a good bottle of wine and spend the evening being thankful for the things you have.

This just in...... The Moon is almost fully sold out of available lots. You better hurry up and call to secure your very own Moon acre today!

So Paulson comes out Friday and says no bailout. Then today he announces a massive bailout in the works. How exactly is this not lying??? Why is this acceptable from our public officials???

Through retail or wholesale? If it's through wholesale, they better have a rate lock letter or they are screwed. Even if they have a rate lock, IMB is charging a full point to honor it, which means the borrower may get a nice surprise on their HUD closing statement.

That song was written on the other side of the sheet of paper where the Native Americans' song was inscribed.

No, it's 100k per individual and 200k per joint account. III. Acquiring Financial Institution All non-brokered insured deposit accounts have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA ("assuming institution") a newly chartered full-service...

The FDIC instructed all employees to return to work on Monday. All wages remain the same, for now. The ATM machines and debit cards will work now and over the weekend.

Indymac was closed today at 3pm as FDIC employees physically walked into branches and told them to lock the doors. People were left outside knocking, begging to be let in. If you have any money in IMB make sure you get to the ATM before midnight and take out as much as you can. Go Sunday and...

Somewhere, Karl Marx is smiling US govt considering takeover of Fannie, Freddie-NYT Fri Jul 11, 2008 12:34am EDT TOKYO, July 11 (Reuters) - The U.S. government is considering taking over the top U.S. mortgage lenders Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and...

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Good Bye Dollar <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aSvgnK_7DdYU&refer=home">Bernanke Says Fed May Extend Wall Street Lending Access to 2009 </a>

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Sounds like you have an uneducated agent. There was no law passed in the last 12 months in regards to mortgages in the state of Chicago, or California. I think that's realtor speak for "I ain't sellin' no houses."