Regrettably, I cannot disclose the source that provided me with this purloined post. ~ PCQ Lead Chief Counsel: “OK, everyone, I think we’re ready to start.
“Those who ignore history are doomed to repeat it.” Adapted from quote by George Santayana (1863-1952) Well, well, well. According to a recent article in Bloomberg.com,
This is the second installment of my article looking back over the past five years at Portland housing statistics. Part One examined the real reason
Background – 3Q 2007. Looking back, August 2007 was a memorable month, filled with good news and bad. Based upon RMLS™ numbers, it was a
“Some borrowers default because they no longer possess the ability to repay their mortgage loans. However, there is a group of borrowers who may continue
Economist [e·con·o·mist; noun] – An expert in the production, distribution and consumption of goods and services, but is a complete idiot when it comes to
In Parts One and Two I addressed the favored status of the ratings agencies in affecting all manner of financial instruments and investment decisions. But
