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The purpose of this blog is to chronicle the current financial crisis in the mortgage and other debt markets.
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CNBC Biz News
- Trillions in Credit Line Cuts Ahead: Whitney
- Johnson & Johnson to Buy Mentor for $1.07 Billion
- UnitedHealth Raises Low End of 2009 Revenue View
- Factory Activity, Construction Spending Fall Further
- Each Player in Big Three to Bring Its Own Plan
Mortgage News
- Fannie Mae Acts to Forestall Delisting
- Ongoing Crisis Could Last Years, Says Robert Shiller
- 30 Year Interest Rates Retreat to October Levels
- New Home Sales Fall 5.3% in October
- MBA Mortgage Applications Move Higher
Recent Posts
- Crédit Agricole Profits Drop 94 Percent
- Mortgage Fraud Still a Problem
- AIG Hit By Bad Mortgages
- More Write-downs for Citi?
- Monolines Want Out of Contracts
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