CHESSNOID

You may have perfect credit, a long term stable job, and a high credit score and no credit card or auto loan debt, but that doesn’t mean you will automatically qualify for a refinance on your mortgage. That certainly doesn’t make sense, yet it is true.
The Federal Reserve is loaning money to banks at [...]

Nothing really happened in the stock market today that could justify the 400 plus point gain.  I think it was bargain hunters looking for deals and the silly comment the Fed said that they would promise to keep interest rates at 0% for another two years.
The underlying concerns for the economy are the same as [...]

Seriously, no taxpayer dollars should be spent on these failed and insolvent companies.  They are not government agencies and should be allowed to fail without exception.  These bailouts are part of the ballooning federal deficit that we are still growing at an alarming rate.
Freddie Mac is a perpetual money pit.  This old post was from [...]

Last week and today’s stock market activity does remind me of 2008 when the markets plunged dramatically from the housing crisis.  The numbers recap is below:
Dow           10,810        -635       -5.55%
Nasdaq        2,358        -175       -6.90%
S&P 500     [...]