Financial Reform – Hello?
by Sean Vault on March 18, 2010
in Videos
I’ve really come to appreciate Jon Stewart’s irreverent take on the issues in the financial world……
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| In Dodd We Trust | ||||
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Are you sick and tired of the lack of straight talk in the mortgage world?
We are. That's why we write here - even though we have to do it under a pen name - because our lending institutions don't like it......
If you want to work with someone who will tell it to you straight, then call us at 330-536-3623 or send an e-mail to info@straighttalkaboutmortgages.com and one of our experienced team of lenders will get back to you.
Sean Vault
Housing Double Dip?
by Sean Vault on March 16, 2010
in Market Musings, Videos
Meredith Whitney thinks so. Listen to what she had to say on CNBC this morning…….
Are you sick and tired of the lack of straight talk in the mortgage world?
We are. That's why we write here - even though we have to do it under a pen name - because our lending institutions don't like it......
If you want to work with someone who will tell it to you straight, then call us at 330-536-3623 or send an e-mail to info@straighttalkaboutmortgages.com and one of our experienced team of lenders will get back to you.
Sean Vault
The Big Short – Inside Wall Street’s Collapse Part 1
by Sean Vault on March 15, 2010
in Videos
Are you sick and tired of the lack of straight talk in the mortgage world?
We are. That's why we write here - even though we have to do it under a pen name - because our lending institutions don't like it......
If you want to work with someone who will tell it to you straight, then call us at 330-536-3623 or send an e-mail to info@straighttalkaboutmortgages.com and one of our experienced team of lenders will get back to you.
Sean Vault
The President and the Bankers
by Tom on December 17, 2009
in Market Musings, Videos
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| Clusterf#@k to the Poor House – Flight Delay | ||||
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Jon Stewart has a rather humorous take on the meeting that took place…..
Oh CRE! (With Apologies to the Original Authors….)
by Tom on December 14, 2009
in Market Musings, Videos
It’s Beginning to Look a Lot Like Christmas
by Tom on November 27, 2009
in Market Musings, Videos, banks
It’s Beginning to Look at Lot Like Christmas More Riskless
Technorati Tags: Banking, Masters of the Universe
What About Lender #6?
by Tom on November 17, 2009
in Market Musings, Videos
Technorati Tags: Freddie, Fannie, Government Lending
Is the Bailout Over?
by Tom on November 4, 2009
in Market Musings, Videos, banks
Not so fast…..
Remember last fall, when our government explained that the reason we needed to give $800 billion to Wall Street was so the banks could lend it back to us and shock the economy back to life again?
That was a happy story!
What happened, of course, was that the banks took the money, stopped lending, and used it to pay themselves and their shareholders through the nose.
Twelve months later, the banks still aren’t lending, and we’re still bailing them out hand over fist.
By lending the banks money at zero interest rates, the FT’s Martin Wolf says, the Fed is helping the banks recapitalize themselves. The banks aren’t lending because they’re still trying to recover from all the lousy loans they made three years ago (and because there aren’t all that many folks to lend to). So there’s nothing else to do with the money other than hoard it, buy safe Treasuries, and pay huge bonuses.
It’s annoying to watch banks that would have collapsed a year ago now minting money at taxpayer expense. But that’s the way monetary stimulus always works.
Technorati Tags: Bank Bailout
Four Years and No Reform?
Technorati Tags: Too Big to Fail
Mortgage Rates and the Tax Credit
by Tom on October 28, 2009
in Market Musings, Videos
