A few weeks ago I started a weekly series on the mortgage market attempting to cover important elements from news items to blog posts. Regular readers know I slacked off on this promise after week one. However, I must say I did have good intentions. Inertia is the main issue here and converting potential energy [...]

I want to make clear to everyone that I don’t agree with everything in this video. Not everyone who took at a sub-prime loan was like Bob (as shown in the video). However, the video does make a point and demonstrates that while the greater focus is on helping those in distress, those who do [...]

Former executives at New Century, which went bankrupt early last year, should be sued and so should it’s auditor KPMG. That is what a bankruptcy investigator is recommending. New Century as you may recall was the No. 2 sub-prime lender before it went down in flames in the Spring of 2007. An excerpt from Yahoo! [...]