Real estate blog entries tagged with bear sterns

Blog entries tagged with "bear sterns":

bear sterns: Justice at last? - 06/19/08 01:11 PM

Let us see today what happens when the big wigs at Bear Sterns are indicted. I read today that the feds think fraus may be involved in the mortgage meltdown...including people over stating their income! Can you imagine? Well Let us listen to the press conference and then see what has … (1 comments)

bear sterns: Bear Sterns Mortgage Fraud Arrests - 06/19/08 11:36 AM

The heads may be starting to roll as a result of mortgage fraud probes. Generally the fraud arrests are focused on the local broker or appraiser. With this new development that was anticipated in the internet news yesterday, and just now announced.
I read the announcement in MSN.com .
This has more … (5 comments)

bear sterns: Adam Smith Is Rolling Over In His Grave! Why The Bear Sterns Bailout Was A Bad Idea. - 04/03/08 04:48 PM

How many of you watched CNBC's coverage of the Senate Finance Committee's hearing on the Bear Sterns fiasco? I'll fess up, I couldn't stomach all of it. From what I saw, it seemed like a parade of the parties involved reading from the same script. I would have called the script, … (3 comments)

bear sterns: Will the Banks try,again, and get into the Real Estate Business? - 03/27/08 05:47 PM

Have you noticed lately that banks and lenders are less willing to deal when it comes to REO and short sales? In fact, we just saw a bank turn down a short sale offer that was only $4000 less than asking ( grant it, they had lowered the … (4 comments)

bear sterns: Fed CUTS RATE!!! - 03/20/08 03:37 PM

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bear sterns: Jim Cramer on Bear Sterns - 03/18/08 10:08 AM

Anyone remember the outcry from the real estate industry about Jim Cramer's comments on the housing market back in September?
Here's a link to Ricardo Bueno's Active Rain blog with the video, to refresh your memory.
http://activerain.com/blogsview/219755/Jim-Cramer-says-Don
Well, if you found that exciting, you just have to watch this clip from March 11 … (12 comments)

bear sterns: Is Today the Day to Lock Rates? - 03/17/08 06:54 AM

Another crazy weekend in the world of mortgage backed securities. Looks like the FED'S may need the luck of the Irish today to reverse current market trends. So what happened:
The central bank approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created … (8 comments)