Loan Modification

Market Ignores Festering Problems, Reality Looms

By Implode-Explode Heavy Industries

The Wall Street Examiner's Lee Adler, Russ Winter of Winter Watch, and Aaron Krowne of the Mortgage Lender Implode-o-meter covered a lot of ground this week giving insight on issues that either were not being covered at all, or not correctly, in the mainstream financial media.

Here's what we covered in Part 1, free to all visitors (28 minutes):

• Finally A Prosecution for Financial Crimes!
• Housing from Bad to Worse
• New rules for mortgage reserves
• Consumer and State and Local Props are Going Away
• Increasing Pressure On State and Local Governments

Covered in Part 2, for Radio Free Wall Street subscribers only (click through above to get to subscription link):

• Corporate Profits Collapse and Margin Squeeze
• Copper Gaming in China
• More Supply Chain Problems
• Return of the Yen Carry Trade
• Signs of a Housing Bottom For Real?
• Japan Returns to Treasury Auctions
• Fed Reverse Repo Shows It Means Business- NOT
• Fed, Treasury, Primary Dealers, Foreign Central Banks, and Banks- What?s Ahead for Markets

Full post as published by Mortgage Lender Implode-o-Meter on March 30, 2011 (boomark / email).