It would seem the $#!@ has really hit the fan lately with the sloppy documentation (or sometimes complete lack of documentation) banks have been keeping as they package, re-package, and transfer the ownership of various mortgages between each other. I’m not going to go into the details of the mess that has finally come to…
Author: The Tim
Weekend Open Thread (2010-10-15)
Here is your open thread for the weekend beginning Friday October 15th, 2010. 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. Be sure to also check out the forums, and get your word…
Foreclosures Still Elevated, Show No Sign of Slowing
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at September’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: September 2010 King: 1,297 NTS, up 63% YOY Snohomish: 624 NTS, up 48% YOY Pierce: 727 NTS, up 52% YOY Here’s…
Bottom-Calling Checkup: False Bottom Psych-Out
I received a reader request via email a few days ago for an update on the Radar Logic dollars per square foot home price bottom chart from our February 2009 bottom-calling series. In our last checkup back in March, prices were still falling, and had almost reached the “bottom” from the February 2009 forecast of…
Mid-Week Open Thread (2010-10-13)
Here is your open thread for the mid-week on October 13th, 2010. 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. Be sure to also check out the forums, and get your word in…