Real estate trends, community events and other stuff happening in Branchburg.

Archives for November, 2007

Let’s See If I’ve Got This Right…

I could be mistaken, but:

The current Secretary of the Treasury is advancing a SIV/commercial paper bank bailout that sounds suspiciously similar to the kinds of things Enron did that put several of their execs in jail and deep-sixed the company.

Goldman Sachs has announced that- unlike every other bank on the planet- they were, and are, …

No Surprise Here…

From Bloomberg, Thrusday, November 15:
Freddie Mac, the second-largest source of money for U.S. home loans, joined Fannie Mae in introducing or raising fees on mortgages the company buys from lenders because of the increased risks in slumping housing and mortgage markets.
Freddie Mac is primarily setting new fees for mortgages made to borrowers with credit scores …