Archive For November, 2011
TweetShareSo what did we learn in last night’s debate? My take, using CNBC’s transcript of the debate–which amazingly, doesn’t have Governor Perry’s famous flub, although CNBC has footage of it on their page–is that Cain is a talking point marketing expert, but nothing more; Romney is wrong on housing and nothing else matters; Huntsman makes a lot of sense [...]
TweetShareSo what did we learn in last night’s debate? My take, using CNBC’s transcript of the debate–which amazingly, doesn’t have Governor Perry’s famous flub, although CNBC has footage of it on their page–is that Cain is a talking point marketing expert, but nothing more; Romney is wrong on housing and nothing else matters; Huntsman makes a lot of [...]
TweetShareSo what did we learn in last night’s debate? My take, using CNBC’s transcript of the debate–which amazingly, doesn’t have Governor Perry’s famous flub, although CNBC has footage of it on their page–is that Cain is a talking point marketing expert, but nothing more; Romney is wrong on housing and nothing else matters; Huntsman makes a lot of [...]
TweetShareUPDATED: Amazingly, I forgot to include securitization fail and the failure to recognize losses on servicer-owned slices of securities. I’ve added those in now. Somehow the banking industry has convinced much of the public and most of our political leaders that our housing and foreclosure crisis is the fault of irresponsible borrowers despite the overwhelming [...]
TweetShareThe announcement by the Office of the Comptroller of the Currency (OCC) of its program to help homeowners damaged by big bank foreclosure practices is positive but still doesn’t begin to touch the scale of the damage done by the servicers. (Homeowners who want some detail on the program and tips for avoiding scammers should [...]
TweetShareIf you want to cut through some of the nonsense the banks have managed to sell as information about the housing situation, robosigning, mortgage modifications, check out this very accessible interview of attorney Talcott Franklin by Martin Andelman. Tal represents the majority of investors hosed once by Wall Streeers selling AAA-rated mortgage backed junk, and [...]
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