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bipartisan politics: Some Quick Economic Statistics To Use At Cocktail Parties - 10/31/08 06:04 AM
From The Political and Financial Markets Commentary at http://politicsandfinance.blogspot.com Some Quick Economic Statistics To Use At Cocktail Parties Just Days Before The Election, What's Going On?In about 5 days we are going to know who our new president is, and have a better idea of the direction that our fiscal policy is going to head in. Higher taxes, lower taxes, higher taxes for the rich (if earning above $250 K is considered rich), more drilling, less drilling, more green, less green, more government, less government, etc.How the markets will react to the eventual winner will start to be apparent on Wednesday … (0 comments)

bipartisan politics: Where Do The Markets Go From Here? - 10/27/08 09:48 AM
Where Do The Markets Go From Here? What Market Am I Talking About?The answer to that question is really that it is the readers choice to decide. Whether we are talking about housing, mortgages, commodities, stocks, bonds, currencies or commercial real estate, we are at what can only be called an extremely elevated state of flux and angst in all of them.Some good news came out of the the housing sector on Friday with a greater than expected number for existing home sales from September. While good news, the reality is that the housing sector remains stalled and borrowers that want … (0 comments)

bipartisan politics: It's A New Week: Pleasure Or Pain? - 10/13/08 09:37 AM
It's A New Week: Pleasure Or Pain? We Got Through The Weekend... AlmostI am watching a little football, doing a little work around the house, and at the same time keeping my eye on the business wires to see if there are any new developments around the world that could impact the stock markets, but more importantly the credit markets and the willingness of the banks to lend to each other as well as to us, the rank and file citizens currently paying the price.I was not happy on Friday night listening to Chairman Paulson, or Saturday morning listening to President … (0 comments)

bipartisan politics: Let's Lose This Line: What Inning Are We In? - 10/07/08 07:54 AM
Monday, October 6, 2008
 
Let's Lose This Line: What Inning Are We In? What Inning Is The Financial (Mortgage) Crisis In?Nicasio Baseball ScoreboardOriginally uploaded by ed100
Over the past months I have been watching both the prognosticators and experts giving their opinion on the financial crisis, and when we would be coming out of it. The typical opinion some months back was that we were in the late innings of this "game", and that the light would soon be seen at the end of the tunnel.
Still more were positive that we might test the stock market lows set earlier … (2 comments)

bipartisan politics: Fannie Mae: Plain Vanilla or Chocolate Sundae? - 10/06/08 06:11 AM
Monday, October 6, 2008
Fannie Mae: Plain Vanilla or Chocolate Sundae? Market Update: Things are not looking great post Bill passage. I have a funny feeling in the pit of my stomach.VIX: Not yet open. Closed Friday at 45.14, and speculate we will see 50+ today.The Ted Spread: 3.89 this morning, up from Friday (higher is not better)Overseas stock markets are down fairly large, and S&P futures are down large."In A System Designed For Plain Vailla, Like Trying To Push A Chocolate Sundae Through Its' Gears"
To see the rest of the story, please go to http://commercialmortgagehotline.blogspot.com .
(4 comments)

bipartisan politics: The Message Of The Markets: Stock, Credit and Mortgage - 10/02/08 07:16 AM
Read the rest of the story at The Commercial Mortgage and Political Hotline at http://commercialmortgagehotline.blogspot.com
Thursday, October 2, 2008
The Message Of The Markets: Stock,Credit and Mortgage
The Message Of The MarketsThe Senate passed the Bailout Bill 75-25 last night, in a fairly strong showing of bi-partisan support. Amendments were added to gain votes, and more importantly to entice some of the House members to vote yes without losing too many that had already voted yes and might now vote no.True to form, some Senators got some minor cuts and bruises on the stampede to the microphone to trumpet the "great … (4 comments)

bipartisan politics: The Mortgage Crisis: Enough Blame To Go Around - 10/01/08 06:37 AM
Read the entire story at The Commercial Mortgage, Real Estate and Political Hotline at http://commercialmortgagehotline.blogspot.com
Wednesday, October 1, 2008
The Mortgage Crisis: Enough Blame To Go Around Is This Mess Solely A Creation Of The Current Administration, Or Is There Enough Blame To Spread Around?Some politicians and some pundits would like everyone to believe that the current mortgage mess was born, invented, encouraged, started, etc. when the Bush administration came into office. In a continuing effort to try and spread the blame to both parties and to both the current and previous administrations (bi-partisan blame which is choice number 2 in … (0 comments)

bipartisan politics: Quick Response To Harry Reid - 09/26/08 11:44 AM
Response To Harry ReidI was driving in my car listening to a press conference that Harry Reid, Democratic Leader in the Senate was conducting. He said that although this entire mortgage and banking crisis was the doing of the current administration, he and the Democrats were willing to work in a bi-partisan way to solve it.I don't know if that is the case, and while I try and keep my political thoughts to myself in terms of favoring one party over another, I have to respond. While the ultimate "blame" probably stretches back to before the current administration, stories have been … (6 comments)

 

Michael Haltman

Jericho, NY

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Hallmark Abstract Service LLC

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The Hallmark Abstract Sentinel is written for the purpose of keeping our clients and subscribers current on any issues that may have the potential to impact the real estate, mortgage or title insurance markets. Examples of these issues include the current foreclosure crisis and the potential that foreclosures already completed could be overturned due to a variety of legal issues.


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