Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-59923 Tue, 31 May 2016 17:26:53 GMT IMF Begins Distancing Itself From Neoliberalism iehi-feed-59272 Wed, 16 Mar 2016 13:56:08 GMT W.J. Bradley Mortgage Capital permanently closes down iehi-feed-58934 Sun, 07 Feb 2016 21:04:27 GMT Why doesn't America's "4.9%" unemployment rate feel great? iehi-feed-58726 Sat, 16 Jan 2016 21:40:20 GMT Global Earnings Downgrades Haven't Been This Bad in Seven Years iehi-feed-57966 Sun, 11 Oct 2015 14:37:37 GMT IMF: keep interest rates low or risk another crash iehi-feed-57448 Thu, 13 Aug 2015 12:28:21 GMT Is The Price Of Gold Really Headed To $20,000? iehi-feed-56312 Mon, 16 Mar 2015 14:00:45 GMT Greek currency crisis calls for controlled exit iehi-feed-55479 Wed, 19 Nov 2014 17:23:44 GMT U.S. housing starts fall 2.8% in October iehi-feed-55458 Tue, 18 Nov 2014 16:04:41 GMT Russia May Go For Its Own Space Station, Walk From ISS iehi-feed-55190 Fri, 10 Oct 2014 02:02:37 GMT BofA Reportedly Cutting Back 1000 Jobs in Mtg Fulfillment; Adding To Loss Mit This just in from a reader:

BOA just shut down all fulfillment jobs (over 1000) in Jacksonville FL site and announced a majority of us will be converted to loss mit. As a DE underwriter, I am patiently waiting to see if they pay my salary to be a Hamp Underwriter. This shows the economy is sucking, Hamp was ended 2 years ago, and now it is panic mode at Bank of America.

The economy is still in the toilet, you say? We are shocked... SHOCKED...

iehi-feed-55095 Sat, 27 Sep 2014 13:56:47 GMT Doug Noland: What We Know iehi-feed-49938 Thu, 14 Feb 2013 13:08:59 GMT Homeward Residential warns of 370 layoffs iehi-feed-49937 Thu, 14 Feb 2013 13:07:26 GMT Edward Jones Mortgage closing in Minn., 214 employees affected Edward Jones Mortgage notified the Minnesota Department of Employment and Economic Development that 214 Minnesota workers could lose their jobs.

The St. Louis Park operation will close March 7, according to an employee who answered the phone Wednesday, the Minneapolis/St. Paul Business Journal reports.

Edward Jones Mortgage, which stopped offering mortgages Jan. 11, is a subsidiary of San Francisco-based Wells Fargo (NYSE: WFC), according to SEC filings, and a joint venture with St. Louis-based investment firm Edward Jones.

iehi-feed-49843 Fri, 08 Feb 2013 13:26:33 GMT The relentless punishment of the American saver. Fed policy has encouraged spendthrift attitude and yield seeking behavior from Americans. How bad have things gotten? High yield bonds (i.e., junk bonds) were yielding something like 20+ percent in 2008. Today they are pulling in 5 percent or what a standard CD was yielding in the early 2000s. Are we really in such a stable market? We are in a period of exuberance and Greenspan can tell us how that went in the early part of the 2000s. ]]> iehi-feed-47540 Sun, 16 Sep 2012 19:34:40 GMT I Don't Hang Up On Bill Collectors, They Hang Up On Me! iehi-feed-47516 Sat, 15 Sep 2012 16:56:12 GMT Wells Fargo Retracts Help For Dying Woman, Plans To Foreclose 6 Days Before X-mas iehi-feed-47491 Fri, 14 Sep 2012 17:16:18 GMT Is Wells Fargo Run By The Catty Ladies From TV's Dynasty? iehi-feed-47404 Wed, 12 Sep 2012 18:13:00 GMT Dead Homeowners Are Like Dead Interns, They Haunt Politicians On Election Day iehi-feed-47371 Tue, 11 Sep 2012 19:12:34 GMT FDIC Sues Banks and Depositors Over MBS Fraud iehi-feed-47341 Tue, 11 Sep 2012 04:50:24 GMT Did Romney Finance Chair Advise Clients To Steal Money From School Children?