Warren Buffet’s shareholder letter was released Feb. 27 – always a must read – Berkshire Hathaway.com
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read all of this – A Dark Day for the Mortgage Industry – by PAUL JACKSON - … MBA president and CEO John Courson used the show’s opening remarks to announce that the trade organization was backing what it called a “Bridge to HAMP” proposal for unemployed borrowers. … my comment is this: this proposal represents a dark day indeed for the mortgage industry, because it brings with it the distinct possibility of nationalizing our housing stock. … - tells why - HousingWire
also
most excellent – Who, in the End, Will Strategically Default? – by LINDA LOWELL – Two different research teams look at the question from two different sides. Let’s start with the dark side: the borrowers who ruthlessly put the house back to the servicer. Then we’ll move on to some researchers we don’t hear from often enough, who start by trying to quantify the bright side: the borrowers who won’t drive away from the house. – HousingWire
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good primer – Lender-Directed Short Sales: Rare, But Not Extinct – BY LYNN EFFINGER & BOB ZACHMEIER – MortgageOrb
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always worth reading – Bill Gross: PIMCO’s March 2010 Investment Outlook, "Don’t Care" by Bill Gross, is now available at PIMCO – (read the big paragraph in the middle)