Comments on: Credit Crunch

By: RonzoniRigatoni

RonzoniRigatoni — Tue, 19 Feb 2008 20:56:29 +0000

Interesting developments here in S. Florida. I’ve been searching for bank-owned properties while sitting on a pile of cash. Banks are so desperate to get rid of these properties that prices have been slashed as much as 40% or more. Last week I found a new wrinkle. Visit some home builders. They are saddled with piles of unsold new homes, and yes, you can bargain prices down as much as 40% or more.

Well, I found a nice bank-owned foreclosure, but it’s taking forever to get a closing date, and I’m paying cash! Now if I can only sell my present abode….

By: MarkH

MarkH — Tue, 19 Feb 2008 18:47:41 +0000

the guy doesn’t write his own speeches.

John Edwards for President — Leadership, not plagiarism

Yeah yeah, I know he’s suspended his campaign. But, I just have a hard time listening to either Clinton or Obama for more than about 15 seconds. Can you imagine listening to either of them for 4 years?

By: RBG

RBG — Tue, 19 Feb 2008 04:58:13 +0000

Thank you. I learned something as well. :~)

By: OaktownGirl

OaktownGirl — Tue, 19 Feb 2008 04:52:30 +0000

Yes, that’s the one. Thanks RGB and tw3k! OK, I guess what I was doing wrong was trying the author name alone, and when that didn’t work, combining the drop down name menu with the drop down subject/topic menu. Thanks again for the help!

By: tw3k

tw3k — Tue, 19 Feb 2008 04:32:29 +0000

Same as RGB, seems it needs a key word.

By: SouthernDragon

SouthernDragon — Tue, 19 Feb 2008 04:28:30 +0000

“fit into a teaspoon”

More like a BB rolling around in a boxcar.

By: RBG

RBG — Tue, 19 Feb 2008 04:14:11 +0000

Is this the post you were looking for?

http://firedoglake.com/2008/02.....our-money/

I typed libertarian into the advance search term and then used the drop down for Ian.

By: masaccio

masaccio — Tue, 19 Feb 2008 04:00:30 +0000

The mortgage trading has offered bankruptcy trustees an interesting kind of litigation. Many of the mortgages and notes have been traded often and quickly. The back office function is performed by the people Tanta describes in the quote in the main post. The relief stay motions discussed in the post are pro forma, unless there is an objection. So trustees are starting to object on the ground that the moving party cannot prove that it is the noteholder. Many of the movants cannot find the original note with proper endorsements. If they cannot, they don’t get to foreclose on the property, and in addition, they do not get any money when the Trustee sells the property, because they cannot prove they are actually creditors.

By: OaktownGirl

OaktownGirl — Tue, 19 Feb 2008 03:50:31 +0000

Hi – I was trying to do a search by author, couldn’t get it to work. Anyway, I’m looking for that post Ian Welsh wrote recently about libertarianism. I’m sure someone will be kind enough to post the link for me, but I’d also like to know how to make the author search function work. Thanks.

By: OaktownGirl

OaktownGirl — Tue, 19 Feb 2008 03:47:51 +0000

Off-topic re: search function
Thanks for the reply. I guess I should be more specific – I’m trying to do a search by author. I can’t get the author search function to work. I would think by clicking on an authors name in the drop down menu (and specifying a date range) you’d get all that author’s posts in the results. Still no luck. Any other ideas? Thanks