Comments on: The Crack of Doom – Week of October 8, 2007 http://housingdoom.com/2007/10/08/cdoom-08oct07/ Fri, 18 May 2012 02:39:21 +0000 hourly 1 http://wordpress.org/?v= By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8071 jan-martin feddersen Thu, 11 Oct 2007 13:56:42 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8071 Moin Twist, maybe they can rent some from Countrywide.... <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=asVmsJuSJNvs&refer=home" rel="nofollow"> Countrywide Says Bad Mortgages Rise, New Loans Fall </a> Moin Twist,

maybe they can rent some from Countrywide….


Countrywide Says Bad Mortgages Rise, New Loans Fall

]]> By: twist http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8070 twist Thu, 11 Oct 2007 13:51:40 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8070 Jan-Martin- That is the down side of being a renter now. So many landlords have been willing to be cash negative on their properties, believing that the market will turn quickly. When they give up on that belief, many just stop paying. It's hardest for the "Rent-to-own" crowd, they frequently have made larger deposits and pay more rent, thinking the property will become theirs. At least here, notice of the trustee's sale is posted to the front door indicating the house will be foreclosed on in 90 days. That gives renters a few months warning, anyway. Jan-Martin-

That is the down side of being a renter now. So many landlords have been willing to be cash negative on their properties, believing that the market will turn quickly. When they give up on that belief, many just stop paying. It’s hardest for the “Rent-to-own” crowd, they frequently have made larger deposits and pay more rent, thinking the property will become theirs.

At least here, notice of the trustee’s sale is posted to the front door indicating the house will be foreclosed on in 90 days. That gives renters a few months warning, anyway.

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8069 jan-martin feddersen Thu, 11 Oct 2007 07:35:01 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8069 Mortgage Turmoil Hits Renters http://online.wsj.com/article/SB119206052887155348.html?mod=mktw Mortgage Turmoil Hits Renters

http://online.wsj.com/article/SB119206052887155348.html?mod=mktw

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8068 jan-martin feddersen Wed, 10 Oct 2007 15:51:40 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8068 <a href="http://www.marketwatch.com/news/story/goldmanaug-level-3-asset-value/story.aspx?guid=%7BA5F0CE1D%2D4004%2D448D%2D967B%2D895CC8213FD6%7D" rel="nofollow"> Goldman:Aug level 3 asset value $72.05B, 7% of total</a>
Goldman:Aug level 3 asset value $72.05B, 7% of total

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8067 jan-martin feddersen Wed, 10 Oct 2007 08:31:47 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8067 <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=a7whBOchyrqE&refer=home" rel="nofollow"> King Suggests He Won't Reduce Rate to Shield Banks </a>
King Suggests He Won’t Reduce Rate to Shield Banks

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8066 jan-martin feddersen Tue, 09 Oct 2007 07:30:05 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8066 <a href="http://www.bloomberg.com/apps/news?pid=20601109&sid=aouTzYS5mCCY&refer=home" rel="nofollow"> U.S. Stock Market Stumble Presaged by S&P 500 Options </a>
U.S. Stock Market Stumble Presaged by S&P 500 Options

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8065 jan-martin feddersen Tue, 09 Oct 2007 06:49:19 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8065 Moin TC, iTulip rocks :-) When you read this it makes the guys buying 10 year or 30 year bonds even more look like complete fools..... A Bank Bet on Condos, but Buyers Want Out http://www.nytimes.com/2007/10/09/business/09corus.html?_r=1&ref=business&oref=slogin Moin TC,

iTulip rocks :-)

When you read this it makes the guys buying 10 year or 30 year bonds even more look like complete fools…..

A Bank Bet on Condos, but Buyers Want Out

http://www.nytimes.com/2007/10/09/business/09corus.html?_r=1&ref=business&oref=slogin

]]> By: tc http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8064 tc Mon, 08 Oct 2007 12:48:20 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8064 Thanks Jan-Martin, that was a big piece of the puzzle I have never heard of before. Thanks Jan-Martin, that was a big piece of the puzzle I have never heard of before.

]]> By: jan-martin feddersen http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8063 jan-martin feddersen Mon, 08 Oct 2007 09:08:25 +0000 http://housingdoom.com/2007/10/08/cdoom-08oct07/#comment-8063 Captive bidding at the auction: How bond vigilantism was swamped http://www.itulip.com/forums/showthread.php?p=17184#post17184 Captive bidding at the auction: How bond vigilantism was swamped

http://www.itulip.com/forums/showthread.php?p=17184#post17184

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