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5. GM looks to be following Chrysler into the realm of corporate bankruptcy.

4. Bank of America has raised three quarters of its capital gap ($26 Billion) since the release of the stress test results.

3. Existing home sales are up, particularly in lower price ranges.

2. Loan workouts hit a record in April, a sign that the government’s Making Home Affordable Plan may actually be helping, if not solving the problem.

1. The National Association of Business Economists says that 75% of economists polled think the recession will end in Q3 2009.

This entry was posted on Wednesday, May 27th, 2009 at 8:53 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.