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  • Sources say Obama will veto the bill that slid through Congress which could have seriously eased foreclosure proceedings without human signatures.  [View news story]
    Obama..Idealogue....
    Oct 7, 2010. 01:33 PM | 1 Like Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Absolutely agree,,,
    Oct 7, 2010. 11:46 AM | 1 Like Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    But they stopped foreclosures altogether in some states and I believe
    most attorneys who signed those documents are truthful.....( naive me
    huh)
    Oct 7, 2010. 11:44 AM | 1 Like Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Of course it should be done proper but how long do you wait to
    enact foreclusure???
    Oct 7, 2010. 11:28 AM | 1 Like Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Seems to me there is a rush to judgment going on here as well as
    some good old fashioned politics....
    Oct 7, 2010. 11:26 AM | 2 Likes Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Understood but there is discussion to establish a precedent where you
    borrow money to pay for a house and it doesn't work out ...you
    lose no money.....Would you lend on that precedent???
    Oct 7, 2010. 11:11 AM | 2 Likes Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    What responsibility does a borrower have to a loan???
    Oct 7, 2010. 11:02 AM | 3 Likes Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    We still need the foreclosures to happen....
    Oct 7, 2010. 11:01 AM | 2 Likes Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Question is...will Obama have the balls to sign the bill because it is
    the right thing do but won't make Nancy happy.....
    Oct 7, 2010. 10:58 AM | 2 Likes Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    Read some 10q's
    Oct 7, 2010. 10:55 AM | 1 Like Like |Link to Comment
  • A bill, passed by both the House and Senate and awaiting Obama's signature, would require courts to accept the validity of out-of-state document notarizations, making it harder to challenge the authenticity of foreclosures and other legal documents. The bill could get banks involved in the robo-signing scandal off the hook. (HR 3808)  [View news story]
    In all this...does anybody realize we either have to either get these foreclosures done or abrogate the way we lend for housing??? Is a loan a loan or is it now an investment....
    Oct 7, 2010. 10:44 AM | 5 Likes Like |Link to Comment
  • Initial Jobless Claims: -11K to 445K vs. 455K consensus. Continuing claims -48K to 4,462,000.  [View news story]
    Pssst....a good number...
    Oct 7, 2010. 10:10 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: -11K to 445K vs. 455K consensus. Continuing claims -48K to 4,462,000.  [View news story]
    at least 7% of the economy is underground....one crude way of tracking is looking at the currency (cash) numbers in M1

    www.federalreserve.gov...
    Oct 7, 2010. 09:48 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: -11K to 445K vs. 455K consensus. Continuing claims -48K to 4,462,000.  [View news story]
    Seasonal factors at the bottom of page...lool at excel file

    www.ows.doleta.gov/pre...
    Oct 7, 2010. 09:39 AM | Likes Like |Link to Comment
  • Initial Jobless Claims: -11K to 445K vs. 455K consensus. Continuing claims -48K to 4,462,000.  [View news story]
    As you can tell i am not the greatest writer but here goes...

    This weeks non seasonally adjusted number is 371,004..so
    371,004 divided by this weeks seasonal factor .833 gets you the 445,000 number....next week the seasonal factor is .974.....so we will
    need nonseasonally adjusted jobless claims to go to 433,400 to match
    the 445,000 seasonally adjusted level this week....so an increase of
    62,000 nonseasonally adjusted wise....we did have an increase in 2005 of 67,000 so it is possible...I definitely think we will see a sizable increase in the nonseasonally adjusted number just because this
    week's date was October 2 and was not enough into the month to
    capture all of the new claimants coming into the month....
    Oct 7, 2010. 09:37 AM | 3 Likes Like |Link to Comment
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