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Framework, Fall 2007
This being the Autumn Equinox, and with what I see are changing, difficult, unusual times in financial markets, I thought a good exercise would be formulate my thoughts and outlook on various topics effecting asset prices.  So I set my alarm early this Sunday morning and went to a local bagel shop where I spent two hours scribbling non-stop my perceptions of issues that will effect stocks and other asset classes going forward.  There are holes in my thoughts, and it is not meant to be all-encom

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Bob Ivry / Detroit News staff and wire reports
DetNews.com, MI -Oct 21, 2007
Subprime mortgages are given to people who wouldn't qualify for standard home loans and typically have rates at least 2 or 3 percentage points above safer ...


Housing Bubble and Real Estate Market Tracker - Seeking Alpha

Housing Bubble and Real Estate Market Tracker
Seeking Alpha, NY -Oct 18, 2007
The credit union started offering home protection loans in July. They'll pay off 95% of a customer's high interest loan and refinance it at a more ...

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Who's to blame? Is it the guy with 70 houses? The cash-flow-happy ...
Palm Beach Post,  United States -7 hours ago
The former mortgage whiz who spent time in New York state's prison for mortgage fraud knows that bad home loans claimed some victims and fattened bank ...


JP Morgan Posts a Profit, but Takes $1.6 Billion Write-Down - New York Times

JP Morgan Posts a Profit, but Takes $1.6 Billion Write-Down
New York Times, United States -Oct 17, 2007
So far, auto and credit card loans have are held up overall, but borrowers are have been falling behind on payments in areas like Florida, where home prices ...

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Treasury Secretary Henry Paulson. (White House photo, Shealah Craighead) WASHINGTON (Thomson Financial) - Though there has been "some improvement" in parts of the financial markets, Treasury Secretary Henry Paulson said "it's going take longer to work through this problem in subprime" because so many mortgages will be resetting to higher interest rates over the next 18 months.

Paulson says rate resets will delay sub-prime resolution UPDATE (Sharewatch)
(Updates attendee list) WASHINGTON (Thomson Financial) - Although there has been "some improvement" in parts of the financial markets, Treasury secretary Henry Paulson said "it's going take longer to work through this problem in sub-prime".

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