National Bubble
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FDIC closes 9 more banks on Friday - 27 days ago
The financial system collapse continues. AP via Yahoo Finance reports that:Regulators on Friday shut California National Bank of Los Angeles and eight smaller related banks as the weak economy continues to produce a stream of loan defaults.The banks... Topics: Bailout News, Politics, Real Estate, The Economy


When is the next wave of foreclosures coming? - 88 days ago
This Diana Olick blog post might help you answer that question:Now that Making Home Affordable programs are operational, we do project an increase in foreclosures as we exhaust every available option to qualify customers for modifications and other... Topics: Real Estate


The next “leg down” for the housing market - 93 days ago
If you think the housing market is recovering, you are probably wrong. According to the NY Times:First American CoreLogic anticipates 600,000 option ARMS to reset within four years.Option ARMs, which lenders stopped offering last year, gave borrowers... Topics: California Housing Crash, Credit Crunch, Florida Housing Crash, Real Estate















