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Top Stories BofA Pays $33M SEC Fine for Misleading Investors- AP Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. THATS IT??? A measly 33 Million??? Let's see...

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...

ugghhhh... How is raising taxes on the persons who pay wages and hire employees while at the same time giving more money to unemployed people supposed to lower unemployment? <span style="font-size: 14px;">Obama: Give economy $50 billion boost With a big jump in the unemployment rate...

<a href="http://www.realtor.com/rentals/search/listingdetail.aspx?ctid=8091&ncs=9797,4966,42455&ml=3&mnp=29&mxp=33&bd=4&typ=40&sid=e3b995330ece435eb166737b37754630&sdir=0&sby=2&pg=2&lid=1098270596&lsn=20&srcnt=125#Detail">I'm rich, check out my cars in my driveway!</a> <img...

http://www.local6.com/news/15793539/detail.html enjoy!

The title of this article is too good! What will realtors say in their listings now if they can't drool over granite? http://money.cnn.com/2008/02/26/real_estate/remodel_cost_value_ratio_drops/index.htm?postversion=2008022914 Say good-bye to granite countertops High-end kitchen and...

Check this out..... Numbers That Do Not Add Up by Rob Kirby | February 15, 2008 <a title="Print the article" href="javascript:printWindow()">Print</a> <p class="text">Having just learned about the plans of U.S. financial elites to cease publication of another swath of...

WTF is wrong with this guy? Can anyone be this blindly moronic? He loads his show up with bullish idiots that regurgitate the same nonsensical rubbish that he himself spews out. He's been shouting from the heavens for 4 straight weeks that the financials have bottomed out, yet every week they...

<p>I thought it was a good time to discuss our friendly government sponsored entities, Fannie Mae (FNMA) and Freddie Mac (FHLMC). After seeing Freddie's stock plunge almost 30% today, and the fact that every major bank is feverishly changing their business model to originate conforming loans...

http://www.rgemonitor.com/blog/roubini/225427 As of this Thursday, FASB 157 goes into place, and with it comes seriously implications. Institutions will now have to aggressively mark-to market their asset holdings instead of keeping them disguised. My question is what effect will this...

<p>Howdy folks!</p> <p>We were at the Irvine dog park this past saturday and a dog owner approached us because we have a 10 month old female jack russell terrier. He and his son had a 14 month old male jack russell. He told me that they were moving and were desperate to find a home for the...

<p>Howdy folks!</p> <p>We just happened to be at the Irvine dog park on saturday and a family approaced </p>

<p>Hey guys and gals,</p> <p>This is probably the best article I've read describing the impact of the mortgage-back security disaster, it's poor risk gradings, and the perptrators. The most fascinating aspect of the article is where the author proposes the US FED and Treasury were complicit...

<p><a href="http://money.cnn.com/2007/09/12/real_estate/surprising_face_of_foreclosure_Olivers/index.htm?postversion=2007091711">http://money.cnn.com/2007/09/12/real_estate/surprising_face_of_foreclosure_Olivers/index.htm?postversion=2007091711</a></p> <p><em>"' But their main problem wasn't a...

<p><a href="http://money.cnn.com/2007/09/11/real_estate/toxic_rate_reset_shock/index.htm?postversion=2007091209">http://money.cnn.com/2007/09/11/real_estate/toxic_rate_reset_shock/index.htm?postversion=2007091209</a></p> <p>Obviously they didn't bother to call me, or any other lender before...

<p>Please excuse my being naive, but what happens to the homes that builders have for sale if they go under?</p>

NEWS FLASH!!!!! Massive, earth shattering pricing changes effective today in the secondary market. Mortgage brokers are running around frantically trying to figure what the hell happened. A loan that would pay a 3 point rebate to the broker will now cost the broker a quarter of a point...