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I was just curious to know what effects that the bond insurers like Ambac and MBIA are going to have on Mello-Roos, if any, on a forward going basis. My understanding of Mello-Roos is that it is a bond that is created to put in place the infrastructure needed to support new residential...

Sorry for creating a new thread but I just moved out of my apt and my landlord is trying to charge me $1000.00 for damages that were one not their when I left and two were not identified during the initial walk through. Does anyone know where I can find the California Rental Laws that...

Had not seen anyone post this yet so I thought I would. Here are some highlights: <em><strong>"California, the largest state, reported foreclosure activity increasing by 30% from the previous month and more than 350% from May 2006, which boosted the state's foreclosure rate to the third...

So lets get this straight....Car sales way down b/c of housing woes and consumer debt, retail sales saw the largest decline in volume since 1970, lending standards are getting more stringent, housing inventory in the majority of metro-US markets are at or near all time highs, and Mr. Sheriff...

http://biz.yahoo.com/ap/070323/economy.html

Thought this was an interesting read. Note that the fund lost nearly 70% of its value largely due to bets on the subprime industry. Wonder how many other funds got drilled like this...

Thought this would make for an interesting conversation. Not only do they call for a Moratorium but the ACLU also calls on lenders to refinance all loans that are in jeopardy of defaulting. I know some lenders are already doing this but for peet sake when do we start making people responsible...

Has anybody read this article? http://www.msnbc.msn.com/id/17343814/ I have my own thoughts on this but would like to hear other's first.