Published with Blogger-droid v1.6.5
Thursday, January 27, 2011
Saturday, January 22, 2011
Thursday, January 20, 2011
Wednesday, January 19, 2011
Wednesday, January 12, 2011
Tuesday, January 11, 2011
Banks respond to NJ court ruling - leave us alone.
Big Banks to New Jersey: Stop Bugging Us About Foreclosure Documents - DailyFinance
Published with Blogger-droid v1.6.5
Saturday, January 8, 2011
BIG COURT DECISION: In Massachusetts, a non-judicial state, its Supreme Court rules Bank has to prove assignment of the debt on a blank endorsed Note.
This should have a big impact on nonjudicial foreclosures in Virginia, where the laws are extremely similar. Read about it HERE
Thursday, January 6, 2011
Monday, January 3, 2011
Quick Plug - Rather than link one story, just go to Baseline Scenario and ... read.
Read a lot. Read the comments posted after stories. Then read some more. http://baselinescenario.com/
Of particular interest, this story: “They lived in a world that was not only harsh and cruel but that rationalized its cruelty under the guise of economic law. . . . It was the world that was cruel, not the people in it.
and this one: Why can't Europe avoid another crisis? Why not the US?
Note this quote:
"Most experienced watchers of the eurozone are expecting another serious crisis to break out in early 2011. This projected crisis is tied to the rollover funding needs of weaker eurozone governments, i.e., debts falling due in March through May, and therefore seems much more predictable than what happened to Greece or Ireland in 2010. The investment bankers who fell over themselves to lend to these countries on the way up, now lead the way in talking up the prospects for a serious crisis."
This has "Credit Default Swaps" written all over it.
Of particular interest, this story: “They lived in a world that was not only harsh and cruel but that rationalized its cruelty under the guise of economic law. . . . It was the world that was cruel, not the people in it.
and this one: Why can't Europe avoid another crisis? Why not the US?
Note this quote:
"Most experienced watchers of the eurozone are expecting another serious crisis to break out in early 2011. This projected crisis is tied to the rollover funding needs of weaker eurozone governments, i.e., debts falling due in March through May, and therefore seems much more predictable than what happened to Greece or Ireland in 2010. The investment bankers who fell over themselves to lend to these countries on the way up, now lead the way in talking up the prospects for a serious crisis."
This has "Credit Default Swaps" written all over it.
Saturday, January 1, 2011
Subscribe to:
Posts (Atom)