From DOW JONES NEWSWIRES Standard & Poor’s said delinquencies of home-related loans climbed in January, with the rate surging in particular from December for home-equity lines of credit and prime-rated jumbo mortgages. The agency released that month’s results for residential mortgage-backed securities created in 2005 through 2007 from the home-equity lines and jumbo mortgages asContinue reading ““Après moi, le déluge””
Category Archives: The Market
Don’t Panic
This from the Consumerist: At the end of 2008, the FDIC’s insurance fund ratio was 0.40% of all insured deposits, far below the minimum 1.15% mandated by Congress. But, don’t panic. The Chinese still want to lend us money. I’m sorry – what? They’re starting to buy fewer treasuries and more oil futures. Well, that’sContinue reading “Don’t Panic”
“Worst MLS photo ever?”
I have to give credit to the Westside Bubble blog. I LOL’d when I read the title to the post with this photo in it. Believe it or not, just two years ago you would’ve needed a jumbo loan to pick up this Mar Vista bad boy. The quality of the photograph tells us volumesContinue reading ““Worst MLS photo ever?””
Great Depression Shutterings
I found a really great query that searches for companies that went under during the Great Depression. It returns a ton of great results.
Is Coldwell Banker Shuttering?
A little birdie heard a rumor that a major real estate firm is likely going to cease operations within the next two weeks. In 2007, Realogy, its parent company, was named to the Fortune 500 as the top real estate firm. We would like to extend our condolences and sympathies to all the employees ofContinue reading “Is Coldwell Banker Shuttering?”
