15 January 2010
This piece showed up on Jesse’s Cafe’ as well as Mish Shedlock’s blog Friday the 15th of January - and frankly we are thrilled to see that this practice, which we have encountered ourselves MANY times in the process of completing a successful short sale is finally getting some attention. Kudos to [...]
THE JURY IS IN: Obama’s Foreclosure Program Run by Morons… and Trial Modifications are the Biggest Loan Mod Scam Ever
Wasn’t it fun this past weekend to read and hear the flurry of teaser stories that were all over the news media about how the Obama Administration was going to take some new type of very [...]
In this trailer for his latest film, The Secret of Oz, Bill Still puts some stunning information in front of us from some stellar sources. The maker of the 1996 Classic film The Money Masters has brought us some of the most important and cutting edge information on our economy and what we can [...]
Continue reading about Bill Still - The Secret of Oz - Trailer
Foreclsoures and Bank Profits Both Soaring: What is the Message Here?
William Black points out in this interview that the role of the financial institution is not to enrich itself but to support and foster the real economic growth that comes with proper development and support of real business in real economies.
But as of late, [...]
This Post from Nathan’s Economic Edge is important enough that we are reprinting the entire thing right here with all the links to Nathan’s site and to Karl Denninger’s site intact. Sure, we could tag it to show up in the Market News, but it needs to be front and center. We all need to [...]
Continue reading about Simple Math: Raw Footage - From Denninger to Nathan to You
I recently recieved an email from a lender negotiator who insisted that the short sale transaction “Must not be an arms length transaction.”
This inspired me to create this post to help people understand what “Arms Length Transaction” really means in various business contexts.
I’ve listed here Accounting, Investing, Banking and Real Estate Definitions for Arms Length [...]
Continue reading about Arms Length or Not Arms Length? That is the Question!
