A Funny World (17): Your Tent City? Or My Tear City? - 12/25/07 10:01 PM
Christmas, 2007
Tent city in suburbs is cost of home crisis
By Dana Ford
ONTARIO, California (Reuters) - Between railroad tracks and beneath the roar of departing planes sits "tent city," a terminus for homeless people. It is not, as might be expected, … (9 comments)
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A Funny World (16): Why ASK Lender's Mercy? Why Don't You Do Lender a Favor? - 12/23/07 01:12 PM
When Is it a good Idea to Consider a Deed-In-Lieu of Foreclosure
Decisions. Decisions. Decisions. If you are late on your payments and are trying to think of some options as to what you can do to avoid foreclosure, here are some options:
Repayment Plan Reinstatement Forebearance or Loan Modification Agreement … (6 comments)
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A Funny World (15): Bonuses or Bearshit? - 12/22/07 11:19 AM
Bonuses on Wall Street surge 14 percent :
Four of the biggest U.S. investment banks - Goldman Sachs Group Inc., Morgan Stanley, Lehman Brothers Holdings Inc. and Bear Stearns Cos. - will pay out about $49.6 billion in compensation this year.
Thain won't get a year-end bonus since he took the job on … (0 comments)
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APF's Egold (2): Up to 75% Off in Leandar, TX - 12/21/07 04:01 PM
APF's Egold (2): Up to 75% Off in Leandar, TX
You may be able to get it for $32K or less. It will not be sold for at least 10 days. You have ample time to take action.
Well, you have to have at least CASH of $12K. If you don't, please find a … (0 comments)
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APF's Egold (1): 60% Off in Florence, AZ - 12/21/07 01:56 PM
Built in 2005 and sold on 08/05 at $160K. Wells Fargo Bank foreclosed it for $136K. The house has 1301 sqft living space. You may get it for $70K or less. Time is running out too. Possible to have 4 days for you to present an offer more than $62K NOW. … (3 comments)
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REO Trash Digger (1): 60 % Off in Granada Hills, CA - 12/20/07 01:51 PM
12-20-07
REO Bargains:
Get a new REO information to update housing price in Granada Hills, Los Angeles County, CA.
Nice home with upgrades, tile in kitchen, bathrooms, updated cabinets, french doors, newer windows, and 2 car garage in back alley, lot size 7200 sqft., etc.
Now we know it was sold for $561.8K on May 2005. The … (2 comments)
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A Funny World (14): Sun Goes Up? Or Not? - 12/18/07 03:04 PM
As foreclosures mount, tenants sufferYou've got to figure, these banks are in California, they've got a gazillion properties, they think on a national scale." - Joseph Petrocelli, owner of New England Property Solutions, a company that's hired by mortgage companies to handle the sale of foreclosed properties. Petrocelli was commenting on … (1 comments)
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A Funny World (13): White Big Brother or Blue Small Ant? - 12/16/07 01:50 PM
Warren Buffett and Hillary Clinton at San Francisco
I heard Warren Buffett and Hillary Clinton speak today as part of a fundraiser in San Francisco. Overall, it went exactly as I expected- Warren showed an uncanny ability to explain things intelligently and simply. Below are some notes I took from the … (0 comments)
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A Funny World (12): Action with Result or Inaction to Nothing? - 12/16/07 12:02 AM
A Funny World (11): Housing Price Down Or NOT?
4 days ago, Warren Buffett attended Hillary's presidential fund-raiser party in San Francisco. They made some very funny statements that gave me a lot of laugh all day long. But here I will share you guys just one argument.
When Warren talked about "US … (1 comments)
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A Funny World (11): Housing Price Down Or NOT? - 12/14/07 01:42 PM
The Dumbest Thing Said Yet About the Housing Debacle
Housing prices aren't falling. Only the prices of houses that are being sold are falling. Prices have not fallen for those who have not sold their houses.
Every bubble spawns a certain amount of idiocy, but some ideas are so ludicrous, you have to … (0 comments)
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A Funny World (10): A Trouble Maker or Real Hero? - 12/12/07 01:22 AM
12-12-2007 16:50******** This is a condensed version of articles post earlier on other websites ******Today the stock market started to drop steeply and lost 300 points when FED announced its rate cut of 25 bp. Last Friday, my girlfriend in Cali accepted my opinion and sold all the stock holdings Monday morning. Last night … (0 comments)
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A Funny World (9): Some Win and Some Lose All the Times - 12/07/07 03:44 PM
Bonus Time
Well, supposed someone's crying is heard well enough? Did our great politicians listen? Yes, they did or they won't come up the B.B. "freeze" loan program. As my dean who graduated from Oxford U. taught us that it is a "American Circus" when he compared ours to the British cabinet system. Mrs. Clinton and Mr. … (2 comments)
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A Real Case (III-1): It Takes FIVE Minutes to Close a Real Estate Deal - 12/06/07 05:14 PM
Can we close a RE deal in hours or shorter? A Real Case (III): No Upset Housing in Some Areas of Southern California? 12-06-2007 16:20Just got back home and receive an email alert from an asset management. Here it is:Now, the listing price is $550K. Take 10% off to reach its … (1 comments)
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A Funny World (8): Bubble Turn Into Double (Play or Cross)? Hope It's Not Trouble - 12/05/07 10:55 PM
* In order to better understand this article, please also check my article Who's crying so loud out there?
* The following news is worth my effort to copy its whole content here for your big laughing and then keep go on reading my comment on it if you want.
UPDATE 1-Mistakes … (2 comments)
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Who's crying so loud out there? - 12/05/07 01:01 PM
The blood on Greenspan's handsThe former Federal Reserve chief now admits there is a housing bubble, yet he still refuses to take the blame he so richly deserves, By Bill Fleckenstein******* ****** *******Hi! Bill,Be nice to an old gentleman Mr. G, Okay? Keep in mind that he used to be one of … (1 comments)
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Zero Brian, Zero Solution - 12/04/07 10:04 AM
This is a revised version of my argument in response to an article "Treasury's Subprime Rate Plan is a Great Big Zero"written by David J. Merkel, CFA, FSA, a leading commentator at RealMoney.com. In David's article, there are two arguments: 1) Paying the mortgage payment is not the problem here; it … (0 comments)
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A Funny World (7): Dumb, Dumb, Dumb & Chat, Chat, Chat? - 12/01/07 11:30 AM
Why have Banks decided to stop responding to offers in regards to a "Short Sale" ?!
Questions:
Scott - Here is a big part of the problem. TOO MUCH TOO SOON. Every day that becomes a worse excuse, but I really don't think that the servicers are staffed up for the volume. … (2 comments)
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A Funny World (6-1): Talker with Lips, Doer with LPs - 12/01/07 08:59 AM
HELP! I'm Facing Foreclosure!
I really enjoy Jaclyn's post. After exchange viewpoints with her, she inspired me so much brain storming that gives a birth this article "Talker with lips, Doer with LPs." Before I put it into a real one from a draft, I would like to share your guys the exchanges. I will … (4 comments)
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