2020 Bailouts vs 2008 Financial Crisis Bailout Tracker, TARP, AIG, TBTF
Can 2020 Top 2008? The government provided money to hundreds of banks and a handful of insurers and automakers in 2008 as part of the $700 billion Troubled Asset Relief Program. Can they out-do themselves in 2020? We are about to find out… Troubled ASSET RELIEF PROGRAM Financial rescue plan aimed at restoring liquidity to … Read more
Fed Enlists BlackRock In Its Massive MBS Debt-Buying Program
“The New York Fed plans to buy about $50 billion of agency mortgage-backed securities — every day this week.” Fed Enlists BlackRock In Its Massive Debt-Buying Programs (Bloomberg) — The Federal Reserve tapped BlackRock Inc. to shepherd several debt-buying programs on behalf of the U.S. central bank as it works to revive an economy reeling … Read more
And It’s Gone – Remembering September 29, 2008
Here is a reminder of what happened back on that historic September day when an entire generation thought that it couldn’t possibly get worse… which was generally true, at least until March 2020. In the span of just 11 days, the Bush administration and lawmakers, seeing ominous warnings in the credit markets, rushed to create … Read more
Federal Reserve Announces Open-Ended QE to Support the “Economy”
Federal Reserve announces extensive new measures to support the economy Here we go again… But this time it’s different… Additionally, in addition to Treasuries, The Fed will buy Agency Commercial MBS all in unlimited size. For release at 8:00 a.m. EDT (Before the Markets Collapse Open) The Federal Reserve is committed to using its full … Read more
Florida woman fined over $100,000 for overgrown grass on foreclosed property
Florida woman fined over $100,000 for overgrown grass on foreclosed property A small, seaside city outside of Tampa fined a woman more than $103,000 for overgrown grass and a dirty swimming pool in a house she no longer owned, according to a USA Today report. Kristi Allen, 38, received a letter from the city of … Read more
Judge Meenu Sasser Dies After Battling Esophageal Cancer
Meenu Talwar Sasser – November 5, 1970 – July 6, 2019
Mobile Homes: Last Week Tonight with John Oliver
Mobile homes may seem like an affordable housing option, but large investment companies are making them less and less so. ~ 4closureFraud.org
Evan M. Rosen: One of the Top Foreclosure Defense Lawyers in Florida
Evan M. Rosen: One of the Top Foreclosure Defense Lawyers in Florida Via Yelp There is a common misconception among homeowners that it does not matter what lawyer they hire to defend their foreclosure case. Most consumers believe that if they have not paid their mortgage they are ultimately going to lose their case so … Read more
