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Mandelman’s Monthly Museletter – Version 12.0
Okay, well I’m back from my Spring vacation, a tradition I started only last year but plan to maintain, and I’m fresh off a wonderful week of watching Hawaii beat the feathers out of the banking lobby...
View ArticleJust When You Thought You Heard It All, Freddie Mac Set to Securitize...
“The mortgages are listed as performing, but Freddie Mac said some are still distressed.” ~ Freddie Mac to securitize previously delinquent mortgages Freddie Mac plans to bundle pools of...
View ArticleTerrifying Foreclosure & Housing Data Points – 2.8 Million Americans are 12...
Fascinating Mortgage & Housing Data Points Foreclosure Details -There have been an average of 1.6 million nationwide foreclosure starts per year for the past five years. -Foreclosure starts...
View ArticleAmericans Borrow Heavily from 401(k)s, Have Big Trouble Paying Off their Debt
Americans borrow heavily from 401(k)s but loan defaults are up The default rate on 401(k) loans hit 17.4% in the 12 months through May, compared with 9.7% in mid-2008, before the financial crisis....
View ArticleFINALLY! A Real Reporter Dissects the Flawed Foreclosure Data…
FINALLY! A Real Reporter Dissects the Flawed Foreclosure Data…. There’s a regular ritual that the mainstream press, news and policy makers engage in. Private companies release press releases that...
View Article12 Million Americans Are Sociopaths
Are The Inmates Running the Asylum? We’ve extensively documented that sociopaths in D.C. and on Wall Street caused the financial crisis. But we didn’t realize how many people are sociopaths....
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