Housing Doom

“He who defends everything defends nothing.” - Frederick the Great

March 5th, 2007

The Crack of Doom - Week of March 5, 2007

This could be a big week.  HousingGuy (WireGuy on the sidebar) has promised big news on two subprimers today, and Implode-O-Meter is suddenly up to 31 companies down.  Perhaps even WaMu will pop out from under the radar soon.

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March 5th, 2007

Hiding the Value of Jack’s House

Poets have always found inspiration from the world around them, and I am no exception.  I felt particularly inspired after reading this line from yesterday’s Catherine Reagor article in the Arizona Republic:

Big lenders and Wall Street investors are going after Arizona mortgage brokers, appraisers, real estate agents, title firms and home buyers for fraud.

So with Reagor’s article in mind, here’s my contemporary update of "The House that Jack Built."

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