housing bailout

Foreclosure Anyone? Obama’s $75 Billion Homeowner Bailout: Some Say Success Is Far From Certain

by Charles Feldman | February 19, 2009

Wall Street, banks, even car companies got faster help from the government in the form of one bailout or another, than did the average homeowner in this country. And, now that “help” is at hand, the real question to ask is: will it do any good? President Obama has now revealed his much anticipated “lifeline” [...]

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Cool Stuff

The Bailout Rap . . . Brilliant!

by Joshua Dorkin | February 3, 2009

If you haven’t seen this yet, you’ve got to check it out! Its a “rapumentary addressing the wall street bailout,” written and performed by 47 year old stockbroker Gregg Somerville. Thoughts?

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Commentary

The BiggerPockets Real Estate Show (sort of): Episode 2

by Joshua Dorkin | December 21, 2008

Exploring a Future Foreclosure Bailout and the Bernard Madoff Ponzi Scheme The second episode of the BiggerPockets.com Real Estate Show features the show’s hosts, Joshua Dorkin (founder of BiggerPockets and yours truly) and Charles Feldman (journalist extraordinaire) covering such topics as a possible future housing bailout, coping with the current housing crisis, Bernard Madoff’s $50 [...]

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Commentary

How To Get Billions–Yes, Billions–To Head Off Foreclosure & Buy That Flat Screen Deluxe Home Entertainment System, Too

by Charles Feldman | December 3, 2008

I have discovered the only sure fire way to avoid a foreclosure. If you do this, you will keep your house, never have to worry about another payment and—here’s the best part–have tons of money left over to play with—maybe take a trip or buy that new car or have that nose job you’ve been [...]

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Real Estate Investing

Investing In Real Estate Too Risky Now – Must Hit Bottom First!

by Rob K. Blake | November 8, 2008

I love real estate as an investment class, but I must say, I do know of other investments that from time to time hold better returns than rental real estate. Whoa! Hold on, mister! I know…blasphemy! Talking about real estate’s downfall’s as an investment class can get one lynched over here…so I”ll tread lightly and [...]

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Commentary

Homeowners Delusional On Values – More Dangerous Than Banking Crisis?

by Rob K. Blake | November 1, 2008

Zillow published a report today showing in fast relief just how out of touch the average home owner is when it comes to evaluating their own homes value. Zillow’s survey says that half of home owners think their homes are worth the same as they were a year ago. 32 percent believe their home went [...]

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Commentary

The October Revolution: America’s $700 Billion Bailout Plan Would Make Lenin Proud

by Charles Feldman | October 1, 2008

Of course Congress had to wait till October to pass the $700 billion socialization of the American economy: October is, after all, the month best known for the Bolshevik revolution that brought Vladimir Lenin and gang to power in Russia. How fitting, then, that the Senate and then the House will no doubt approve a [...]

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Economy

Housing Bailout Quotes of the Day. What Real People think of the Bailout.

by Joshua Dorkin | September 26, 2008

As our great and venerable (throat clears) leaders continue to debate the bailout of banks and millions who cannot afford their homes, I thought that I’d share some quotes that might bring some perspective to the issue: On the value of money nowadays: And to think, $50 billion use to sound like an unimaginable amount [...]

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Economy

FEDS BAIL OUT FANNIE AND FREDDIE; EMERGENCY MEASURES TAKEN

by Charles Feldman | July 13, 2008

In a clear sign the federal government is far more concerned about the financial health of mortgage finance giants Fannie Mae and Freddie Mac than its public comments indicated as late as Friday, the U.S. government Sunday night announced what some are calling a “massive aid” package to the two shareholder owned and run companies [...]

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