Mortgage Meltdown Swag, Bank Losses, Foreclosures Jump, My New Favorite Market Pundit

Where are Mortgage Rates Headed?
Spreads showing tightening, but government keeps throwing curve balls on their own objectives. My shot at a mortgage rate forecast.
Appropriate Mortgage Meltdown Swag
Get your “We’re the Government and We’re Here to Help” mortgage meltdown swag.
Major Banks Post Record Losses, Some Getting Investment
Wachovia tips the scales with a staggering $23.7 billion quarterly [...]


Obama, All Markets Surge, Hedge Funds Retract, Recession

Barack Obama on the Economy
President hopeful Senator Barack Obama sought to capture some of the stock market rally euphoria and lock-up control of the economic issue. Presenting a much broader economic vision, Obama promised an additional $60 billion to help state and local governments, increase jobs, let individuals dip into their retirement savings tax-free, and [...]