Recent content by l_indicator

Agency Sounds Warning On Stated-Income And Interest-Only Mortgages by Kenneth R. Harney An important mortgage market player has sounded an alarm about limited-doc and interest-only features in a growing percentage of home loans, especially those made to purchasers with subprime credit...

C'mon guys, cut the personal attacks. There was 30 year fixed, then there was ARM, then there was interest only mortgage but here comes 40 year loans! Keep the bubble going any way you can. Just amazing if you ask me. Fannie Mae introduces 40-year loans in test January 16, 2005...

LOL So true. But every once in a while there is an article there worth reading.

The Specter of Deflation John P. Calverley U.S. house prices rose 13% in the year to Q3, including an astonishing 42% leap in Nevada, 27% in California and 23% in Washington DC. Prices have risen a long way on the coasts over the last 7 years with gains of 134% in California, 103% in...

Unreal. It seems like every day there is a new POS flying. I think this one beats all the others: MACE $8.00 + $4.95 (+162.30%) 10 bucks in ah right now. Company Information Mace Security International, Inc.. The Group's principal activities are to operate a full car wash...