The Top Ten Stories YOU Need to Read This Morning

10. Just like existing homes sales … New home sales UP, prices DOWN.

9. Last week, all of Washington was “outraged” over the AIG bonuses. Apparently, now they’re over it.

8. What? Prime mortgages in trouble? It’s almost as if we saw this coming …

7. Goin’ on a tax hunt (goin’ on a tax hunt) … gonna catch a big one (gonna catch a big one).

6. New housing not wanted in Alameda? Shocker.

5. US is rollin’ down the “road to hell,” according to the President of the EU.

4. “I was flying so high, and now I’m crashing down. It was greed – pure and simple.” – Carlos Justo, Miami’s broker to the stars.

3. China says “No YouTube for you!”

2. Lesson to be learned: Sellers, it turns out, get to pick the buyers, not the other way around.

… and the number 1 thing YOU should read this morning …

1. Remember those for 1,000 Forever Stamps you bought in 2007, bragging what a good investment they’d be as a hedge against inflation? Well, the Post Office is asking for a federal bailout … well played Master Falcon.

This entry was posted on Wednesday, March 25th, 2009 at 8:27 am and is filed under Mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.