National Public Radio's Marketplace points out some lessons to be learned from the mortgage-default wave.
Tuesday, March 20, 2007
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
The Roller Coaster of Love!
Welcome to Orange County, California! a.k.a. "Over-Priced Tract Home Hell"!
OC Real Estate: Watch Your Fingers!
Trying to make sense of delusional statements and behavior within Orange County real estate since 2005. And failing miserably.
About Markus Arelius
- Markus Arelius
- Orange County, California, United States
- "The strength of a nation is derived from the integrity of it's homes" - K'ung Fu Tzu, 551-479 BC
Lake Forest CA Market Trends
Median Home Price - Lake Forest, CA
The Roller Coaster of Love!
Everyone Wants to Live Here!
Welcome to Orange County, California! a.k.a. "Over-Priced Tract Home Hell"!
OC Real Estate: Watch Your Fingers!
Important Housing Blog Links
- Irvine Housing Blog
- Patrick.Net - Housing Crash News
- Dr. Housing Bubble (Southern California)
- South OC Real Estate Tracker
- OC Register: John Lansner's Housing Blog
- Southern Cal Housing Bubble Blog
- Calculated Risk Blog
- Bubble Meter
- The Orange Juice Blog
- Orange County Housing Report
- Real Estate in the LBC (Long Beach)
- Blown Mortgage
- Real Estate Industry Whistleblower
- Economic Despair
- Affordable Mortgage Depression Blog
- The Mortgage Lender Implode-O-Metah!
- C.A.R. - California Association of Realtors
- How to Report Real Estate Fraud in OC
- Rent-O-Meter: Maybe Your Paying Too Much Rent?
- U.S. Trade Deficit Counter: That's in Billions of US$ People!
- U.S. National Unemployment Stats
- U.S. National Debt Clock
- Current Rate of Inflation in the U.S.A (CPI-U) - See Upper Right
Rancid Truth Blog Archive
-
▼
2007
(140)
-
▼
March
(22)
- SoCal Realtors: How to Avoid A Legal Ass-Kicking
- Lessons Learned: How Did It Come to This?
- And We'll Have Fun, Fun, Fun Till Daddy Refi's the...
- Chapter 11 Declared Today for Irvine, CA Mortgage ...
- New Most Hated Profession in U.S.? Mortgage Lender...
- Rewind to 2002 Fireside Chat: Why Do Homebuyers Di...
- Impac Mortgage of Irvine: $1.4 billion in Problema...
- Can't afford home. Can't afford car either.
- 4th Largest Home Builder: "Recovery Unlikely in 2007"
- Housing Crash Biting U.S. Worker Mobility
- National Association of Realtors: Recovery on Deck...
- You wanna see something REALLY scary? - Peter Schiff
- Signs, Signs, Everywhere Are Signs
- Oh Fuuuuuuuuuudge!....(Only I didn't say fudge...)
- America's Largest Homebuilder: "2007 Is Going To S...
- Subprime Meltdown: Worse This Time Around
- Don't Make The Realtor Mad
- It's Official: U.S. Housing Market Now "A World of...
- FBI on U.S. Mortgage Fraud: "OK, We're Done Fuckin...
- New Century Mortgage: Is This The Last Straw?
- Spotlight Lake Forest: Big Problems at 22931 Hazel...
- Fed Chairman asks Congress: Pretty Please with Fr...
-
▼
March
(22)
The Rancid Truth Site Meter
2 comments:
"Lessons not learned" would be a more appropriate title. We've been through this before. So they licensed appraisers and implemented a "Supervisory" agreement with the lenders.
In reality, licensing made the appraisal problem worse, and the "Supervisory" action turned out to be little more than a "Call me if you have any problems" oversight.
Until someone comes down hard on the real estate industry, the fraud will continue unabated.
Today's new home sales report: Demand down 1/2 million homes. Contractor bankruptcies inevitable. http://infohype.blogspot.com
Post a Comment