webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
DECATUR - Protesters from Decatur, Springfield and elsewheregathered outside the doors of Advance America, the payday lendernear the corner of 22nd and Eldorado streets Saturday to voicetheir frustration over what they called “predatory lendingpractices.”

Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
Sensex, Shanghai, Seoul, Sydney book losses as Nikkei, Hang Seng accompanies themStock markets in Asian region tumbled on Tuesday, 27 October 2009, witnessing broad-based selling on concerns the recent rally in global equities has outpaced the outlook for earnings and the global economy. Energy and metal stocks bore the brunt of the selling pressure hurt by weakening commodity prices. Exporters came under selling pressure on fears U.S. lawmakers may let a federal homebuyer tax credit expire. Fin

Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
You know things are going well for the economy when Bernard Madoff is fighting in prison over the stock market. Maybe the argument revolved around dollar cost averaging into this easy money rally. Here in California, specifically in Southern California there seems to be a lot of energy getting behind the housing bottom parade. Prices have stabilized to a certain degree. Yet is this really a bottom? It think it is important to frame the argument in relation to employment, incomes, and demo

Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
The market for commercial mortgage-backed securities (CMBS)experienced a rally last week following the issuance of new guidelines regarding acceptable loan modifications within real estate mortgage investment conduits (REMICs). The total reach of the new rules may not go so deep, however, as to help some underwater borrowers, according to one research firm. New tax rules that took [...]

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
Companies are jumping back into mortgage securities, but they may regret their moves As the U.S. Treasury laid out plans to bolster the housing market last spring, Chimera Investment (CIM) jumped into action. The New York real estate investment trust raised $1.45 billion in two stock sales and used the proceeds to scoop up distressed mortgage-backed securities for as little as 50 cents on the dollar. Chimera figures it can earn double-digit returns on the bonds, even if many of the underlying

Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.

Read the rest of this great post here