Weekly Open Thread (2014-12-22)

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Here is your open thread for the week of December 22nd, 2014. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known.

Note: The comment limit in open threads is 25 comments per person.

NOTICE: If you have comments to make about politics or economics that do not somehow directly relate to Seattle-area real estate, they may be posted in the current Politics & Economics Open Thread.  If you post such comments here, they will be moved there.

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About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.

11 comments:

  1. 1
    pfft says:

    fuzzy math returns.

    Report: New Congress Dumping CBO Chief To Clear Way For Special GOP Budget Math
    http://talkingpointsmemo.com/livewire/republicans-renominate-doug-elmendorf-dynamic-scoring

  2. 2
    Blurtman says:

    Will Inslee ask for resignations over the ongoing tunnel fiasco? I know this is Gregoire’s disaster, and apparently mayor Murray’s, but Inslee is in charge now. This isn’t Wall Street. How about some accountability Governor, especially as you are asking taxpayers to pay more?

  3. 3
    Blurtman says:

    New York’s Benjamin Lawsky Forces Resignation of CEO of Mortgage Servicer Ocwen Over Wrongful Foreclosures, Shoddy Records and Systems

    New York State Superintendent of Financial Services Benjamin Lawsky has forced the resignation of the chairman and CEO of a mortgage servicer, Ocwen over a range of borrower abuses in violation of a previous settlement agreement, including wrongful foreclosures, excessive fees, robosigning, sending out back-dated letters, and maintaining inaccurate records. Lawsky slapped the servicer with other penalties, including $150 million of payments to homeowners and homeowner-assistance program, being subject to extensive oversight by a monitor, changes to the board, and being required to give past and present borrowers access to loan files for free. The latter will prove to be fertile ground for private lawsuits. In addition, the ex-chairman William Erbey, was ordered to quit his chairman post at four related companies over conflicts of interest.

    http://www.nakedcapitalism.com/2014/12/new-yorks-benjamin-lawsky-forces-resignation-ceo-mortgage-servicer-ocwen-wrongful-foreclosures-shoddy-records-systems.html

  4. 4

    RE: Blurtman @ – Ocwen is the Uber of banks—a very difficult company to work with.

  5. 5
  6. 6
    Blurtman says:

    Finally, Americans express outrage and take action!

    NSA spying on citizens? Nope.
    Rampant Wall Street fraud? Nope.
    War crimes? Nope.
    Disappearance of the middle class? Nope.
    Being prevented from seeing a crappy movie? Yes. Outrage. Expressions of patriotism.

    God bless America!

  7. 7

    Yep, they got me to spend $5.99 on a movie I would have otherwise not even added to my Netflix Queue. Most expensive rental in probably 15 years! On the bright side, I’ve never used Google Play’s streaming before, and it worked well. Also, Google was giving away a free Michael Buble (sp?) Xmas album yesterday, so it balanced out.

    As to the movie, not as bad as I was expecting in that I thought it would be one of those movies I would turn off before the end. I made it to the end. But they really didn’t do much of a job humiliating Kim Jung-Un–he looks like more of a pussy in the official North Korean videos than he does in most of the movie. Maybe the hackers really did want us to see it.

  8. 8
  9. 9

    RE: pfft @ – Apparently Krugman has reached a new low in his Obama cheerleading. When you take office at the beginning of a huge recession, you should have incredible job growth after six years. Unfortunately we have yet to see much of that, and it likely would have been much greater but for Obama and his Obamacare.

  10. 10
    Blurtman says:

    Obama maintained the status quo, unnecessarily prolonging the Great Recession. And the can was kicked further down the road. Normalize the new jobs by wages. Obummer will be remembered as a decent moderate Republican president.

  11. 11
    sellmeyourhouseidiothomeowners says:

    Checking out the Estately inventory numbers, there are currently fewer SFR’s available in King County than in Pierce County. That’s got to be a first.

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