Tags » Banking

Death Valley Days Continue: Mortgage Purchase Applications Only Up 1% From One Year Ago

I remember the pundits cooing over lenders (and Fannie Mae/Freddie Mac) expanding their credit boxes (aka, lowering their credit standards) and how 2015 would be a year to remember. 144 more words

Banking

The Large Families that rule the world

November 9, 2011 by True Activist

Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. 822 more words

World

Look Out Below! WTI Oil Prices Below $45, 10Y - 2Y Yield Curve Slope Down To +126.75

Look out below!

West Texas Intermediate crude futures prices just broke through the $45 barrier down to $44.26. At the same time, the 10Y -2Y yield curve slope broke down to 126.75, less than half of what it was on January 1, 2014. 35 more words

Banking

Deposits or Donations?

If you walked into your bank today and gave them 100,00 dollars what would happen to that money? Little do you realize, because you never take the time to stop and think about it, but your bank is the perfect example of a well crafted pyramid scheme. 783 more words

Political

Donations or Deposits?

If you walked into your bank today and gave them 100,00 dollars what would happen to that money? Little do you realize, because you never take the time to stop and think about it, but your bank is the perfect example of a well crafted pyramid scheme. 784 more words

Gold

BB&T Apologizes After "Processing Error" Mixed Up Balances, Charged Overdraft Fees To Unsuspecting Customers

RICHMOND, Va. (WRIC) — BB&T says it has fixed a processing issue that had several customer accounts showing incorrect balances, or even worse, no money at all. 142 more words

News

Greece Fire! Greek 3 Yr CDS Hits 2923 While 1 Yr Sov Yield Hits 16.28 Percent

There is a Greece Fire going on!

After Greece elected the NON-austerity party that wants their sovereign debt (much from Germany) forgiven (aka, cancelled), the reaction in capital markets is predictable. 15 more words

Banking