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Housing: FINALLY! Some data on the trial mods! Treasury reports more than 27% of homeowners in trial modification are delinquent...

ginaswo wrote 2 weeks ago: They were forced to answer the inquiry on status of the 600,000+ trial mods finally, and it ain … more →

Tags: Politics, Finance, Economy, tarp, Obama Administration, housing, Foreclosures, hillary clinton, Wall St

Treasury unveils new Making Home Affordable 'servicer schedule'...2 comments

ginaswo wrote 2 weeks ago: Update 2: Details released, an epic fail IMO. It could not be more clear they are tinkering to try t … more →

Tags: Economy, Finance, housing, Obama Administration, Politics, tarp, unemployment statistics, Wall St, Changes to HAMP

Update: Fannie/Freddie warn of more losses; FHA Commissioner on audit results...3 comments

ginaswo wrote 1 month ago: Update: Whoomp there it is, regular Karnak we are. WSJ has it: Fannie Mae and Freddie Mac, already r … more →

Tags: Politics, Finance, Economy, Obama Administration, housing, Foreclosures, hillary clinton, Wall St, tarp

Golden Slacks to make a profit?? Housing Update: All About Fannie Mae - Delinquency rate explodes, book of business now at $3.242 trillion5 comments

ginaswo wrote 1 month ago: Golden Slacks update moved to end of post Oh shxt! I feel like Butch Cassidy and the Sundance Kid lo … more →

Tags: Economy, Finance, Foreclosures, housing, Obama Administration, Politics, tarp, unemployment statistics, Wall St

Housing Update & Mortgage Modification Plan and Foreclosure Assistance Resources; HEMAP - targeting Treasury's housing funds to loans for unemployed homeowners, Barney Frank's proposed bill...7 comments

ginaswo wrote 2 months ago: Our previous post on Rep Frank (D-MA) proposal on extending some of the TARP and/or stimulus funds t … more →

Tags: Economy, Finance, Foreclosures, hillary clinton, housing, Obama Administration, Politics, tarp, unemployment statistics

Housing: Foreclosures still rising - RealtyTrac confirms earlier UBS' forecast- won't peak until 2010...2 comments

ginaswo wrote 3 months ago: Here is our post on the UBS forecast for housing foreclosures and mortgage defaults RealtyTrac concu … more →

Tags: Politics, Finance, Economy, tarp, Obama Administration, housing, Foreclosures, Wall St, Barney Frank

Housing: HAMP - 2MP (Second Lien) Modification Program Guidelines issued...4 comments

ginaswo wrote 3 months ago: Well heaven forfend the journOlists schmoozing the haut ton in MASS would notice, but Treasury/HUD h … more →

Tags: Politics, Finance, Economy, Obama Administration, housing, Foreclosures, unemployment statistics, "Mo Mod", obama housing plan

Market Mover Tuesday: Home Price Index falls 19.1% in 1Q..another record decline...1 comment

ginaswo wrote 6 months ago: Still no bottom in housing prices…. Breaking now.…will update as it is coming in… … more →

Tags: Politics, Economy, Obama Administration, housing, Foreclosures, mortgage modification, case-shiller housing index, Case-Shiller Index, Mo Mods

Housing Update:Banks Bulldoze Homes: SoCal: Temecula CA, and Victorville, TX Model Homes Bulldozed1 comment

ginaswo wrote 7 months ago: Gee, is THIS the housing bottom we were looking for? probably. If the Government can keep itself OUT … more →

Tags: Economy, FDIC, Finance, Foreclosures, housing, Obama Administration, Politics, tarp, taxes

Housing Update: Bankruptcy Cramdown/Judicial modification effectively 'dead' in the Senate...

ginaswo wrote 7 months ago: Cram down looks to be dead, WOTS is Tiny Timmeh and TOTUS weren’t really supporting it. Wonder … more →

Tags: Politics, Economy, Obama Administration, housing, Foreclosures, Barack Obama, tarp, Congressional Leadership, Finance

Housing Update: Team Obama to unveil New, Additional Incentives for servicers/lenders to modify, includes second liens...

ginaswo wrote 7 months ago: They are moving to address second liens, ie Home Equity Loans finally. Sadly it appears we will be p … more →

Tags: Politics, Finance, Economy, tarp, Obama Administration, housing, Foreclosures, FDIC, Popular Culture

Market Mover Tuesday: Case-Shiller Housing Index...1 comment

ginaswo wrote 7 months ago: Just released Case-Shiller Housing Index: 10 of 29 Metro Areas show record rates of annual decline 1 … more →

Tags: Economy, Music, housing, Foreclosures, Wall St, Entertainment, tarp, Finance, Case-Schiller Index

Video Update: Housing: Existing Home Sales Drop 3% in March....1 comment

ginaswo wrote 8 months ago: Update: We STILL have a 9.5 month supply of homes, I do NOT agree this is a bottom, as UE goes up, a … more →

Tags: Economy, housing, Foreclosures, tarp, Finance, recession, mortgage modification, Foreclosure Mitigation, Mo Mods

Update 2: Centrist Dems argue over bill changes as Durbin tries to limit cramdowns to 'exotic subprime loans" only at banks request.....Housing: House Bankruptcy Cramdowns/judicial modification bill4 comments

ginaswo wrote 9 months ago: UPDATE: AP and El Rushbo just reported Moderate Dems having closed door dispute with Speaker and Bil … more →

Tags: Politics, Finance, Economy, Music, Obama Administration, housing, Foreclosures, pelosi, Congressional Leadership

Market Mover Wednesday: Bernanke on the Hill Part Deux...1 comment

ginaswo wrote 9 months ago: Video Update Gentle Ben is appearing before Barney Frank and the House Financial Services Committee … more →

Tags: Politics, Finance, Economy, tarp, Obama Administration, housing, Foreclosures, Wall St, Popular Culture

Market Mover: January Existing Home Sales Figures Released...1 comment

ginaswo wrote 9 months ago: Diana Olick breaking the figures on CNBC, much worse than expected: Existing Home Sales for January … more →

Tags: Politics, Finance, Economy, Obama Administration, housing, Foreclosures, FDIC, Wall St, unemployment statistics

Update: RE Analyst on MessNBC..92% Group forms to protest Obama Housing Plan....1 comment

ginaswo wrote 9 months ago: MessiahNBC talks to a housing expert about the Obama Plan: From RealDealNews: MSNBC talks to real es … more →

Tags: Politics, Finance, Economy, Obama Administration, housing, Foreclosures, FDIC, Popular Culture, Barack Obama

Case Shiller Index Released...Record Declines Continue....December y/y down 18.2%...1 comment

ginaswo wrote 9 months ago: Single Family Home Prices continue record declines…being in the Sunbelt, ground zero for housi … more →

Tags: Politics, Finance, Economy, film, Music, Obama Administration, housing, Foreclosures, Wall St

Market Movers for Tuesday: Case Shiller Housing Index, Bernanke Testimony and POTUS Budget Address to Congress....3 comments

ginaswo wrote 9 months ago: UPDATE: On DOW today, new lows were hit for Caterpillar, Intel, Pfizer, GE, Alcoa among others … more →

Tags: Politics, Finance, Economy, tarp, Obama Administration, Healthcare, housing, Wall St, Labor Department


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