Who's guilty? Who's innocent? Who's greedy? Who isn't? To some degree, I have to put a small check mark next to 'all of the above' and maybe you do too. If you are waiting for the other shoe to drop in this … [Read more...]
Is Lending Really That Tight?
The question we should be asking is, is our medias learning? Today brought a whole new perspective from the front lines of lending. At my weekly business networking meeting, I talked to a friend who is in the mortgage business. "Is it true … [Read more...]
Fannie and Freddie
The winners, it seems to me, are: (1) The bondholders, including the foreign governments and investors who own $1.4 trillion in U.S. mortgage debt. I feel like a sucker for investing in treasury bonds rather than Fannie and Freddie bonds. I … [Read more...]