b d fenton

Once the shining beacon of public education – Southern California educators have recently exposed their abandonment of scholastic achievement in favor their crazy pathological ideology – and they are bragging about it! What are they smoking in their board meetings?

A beacon of hope from an otherwise dark Congress emerges from Arizona as one of their own asks them to "put their money where their mouth is".

Real estate values are still holding in spite of a new wave of foreclosures. According to Clear Capital, for the second month in a row, year-over-year home prices are up 5%. Considering the annual slowdown in sales during the winter season, Clear Capital observed that even with an increase in REO saturation in the February, prices were able to increase slightly indicating that the typical surge in spring and summer buying may ease the burden on the marketplace from pending foreclosures.

The REO resale market is continuing to hang on – prices were up again in December, but less than two per cent. The good news is that even though sales slowed slightly, values ended up even if by a slim margin. But, another wave of looming foreclosures threaten the current price stabilization and depending on the actions taken by the banks we may see a recovery of sorts this year or another back dive into wholesale real estate hell.

After receiving hundreds of billions of dollars in bailout money recipient banks are allowed to decide not to pay their obligations if they are tight on cash - and it is OK with the Treasury Department. What do you think will happen to homeowners who try that?

WALLSTREET JUST CREATED "RE-REMICs" TO RESECURITIZE THE AILING SECONDARY MARKET. IS THIS SOMETHINGNE OR JUST THE SAME OLD SONG PLAYED ON A NEW HORN?

Ther are usually more than two sides to a story - so why do the Republicans and Democrats get to control the dialogue?

There may be a silver lining to the brutal attack and murder in Arkansas. A chance for Muslim Americans to stand and be counted aomong their fellow citizens.

REO Market Watch June 09 - Recent changes in the real estate secondary markets may signal new opportunities for buyers and sellers

A parable about taking too much and providing too little and underestimating those you serve.