And Now, Blech, Mortgage Lawsuits
It’s difficult to keep track of all the things that all the people are suing […]
Let’s Talk About My Mortgage For A Minute
Like many people, I like to believe that I prefer the government policies that I […]
New Idea For Banks: Getting Rid Of Exposure To Terrible Mortgages Originated Elsewhere
Yesterday Bloomberg reported that BofA is getting out of its correspondent mortgage business. That business, […]
So Phil Falcone Took Out Another Loan, So What?
The last month or so has not been the best of times for Phil Falcone. […]
Citi’s Liar Loan Division To Take 2 Week Break
Citi’s correspondent lending division, which produced $58.5 billion in mortgages last year and probably had […]
The Next Mortgage Mess
If the mortgage market blows up again, the FHA told you so. Faced with record […]
Back To The Future
We really aren’t that sure how to greet this news, considering that we aren’t really […]
Dive! Dive! Dive!
We’ve heard mixed stories about the effect of being “underwater” on home equity. We’ve heard […]
Hamptons Home In Discount Bin
Late last year, an 18,000 square foot Bridgehampton house suffered the humiliation of foreclosure, an […]
Our Obsession With Ownership
Notes From The Ruins Of The Ownership Society
It turns out that the housing bailout bill really is “exactly what Bank of America […]
Countrywide Troubles For Bank of America
Does Bank of American big man Ken Lewis know what he’s getting into with Countrywide? […]
John Paulson Now Shorting Individual Mortgages of Down-on-Luck Friends in Hamptons
You know what’s something that used to be considered gauche but is now de rigueur […]
Obviously all the homeowners who read DealBreaker bought their pads in cash, but for the […]
Citi: We’ve Run Out Of Suckers On The Outside, Any Takers In Here?
From: email@example.com To: firstname.lastname@example.org Sent: Friday, March 28, 2008 10:29 AM Subject: Employee Discount News: […]
Was Thornburg Brought Down By Irrational Markets and Mark To Market Accounting?
That’s what David Gaffen implies when on the Market Beat today. And herein lies the […]
DealBreaker Career Center
Job of The Week: Mortgages!
We like to end every week with a special gift for our readers: we’re finding […]