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- Does anyone know when they will start to consider the second mortgage as part of the housing debt ratio for this program?
- To paraphrase the Onion, Americans now clamor for a new bubble to invest in. Once that occurs, we can be sure to see the same cast of characters, no doubt.
- January 5 2009; I and my wife have been taken in by this company to for $1500.00. We had several phone conversations with them explaining how they was dealing with our financial problem.All false ,...
- I agree with the basic premise of the article. There's been caution all across the board. Even consumers who are still employed don't want to spend, and that means they don't want to...
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Blown Mortgage
Mortgage and finance with a sarcastic bent
Thornburg missing margin calls is the news of the day but the less-than-subtle after effects include the jamming up of the secondary market for jumbo-backed securities and concomitant spike in jumbo rates. The issue is that Thornburg may be forced to dump their assets on the market to meet further margin calls to raise […]
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