Record Foreclosures Ahead in 2011
Housing Crisis Worsens!
Read moreHalloween is right around the corner and, the mortgage monster keeps coming back to haunt bankers.
Read moreDeceptive Economic Statistics: While the economists lied the US economy died and jobs were moved overseas.
Read moreLast week, bank failures quietly passed the 100 milestone for the year. I say “quietly” because the bank failure story has gone largely unreported.
Read moreWhen economists now recognize that one of the biggest challenges of this Great Recession is long-term unemployment …This could go down in history as one of the greatest deceptions about the true state of U.S. labor markets.
Read moreThe pace of bank closures this year is well ahead of that of 2009, which saw a total of 140 banks shuttered amid the recession and mounting loan defaults. That was the highest annual tally since 1992, at the height of the savings and loan crisis.
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