Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-53741 Mon, 21 Apr 2014 13:52:07 GMT New York Appellate Court Rules In Favor Of MFI-Miami Client http://implode-explode.com/viewnews/2014-04-21_NewYorkAppellateCourtRulesInFavorOfMFIMiamiClient.html iehi-feed-53732 Fri, 18 Apr 2014 14:06:15 GMT Rents Soar Out of Affordability Range for Middle Class http://implode-explode.com/viewnews/2014-04-18_RentsSoarOutofAffordabilityRangeforMiddleClass.html iehi-feed-53717 Tue, 15 Apr 2014 17:44:54 GMT Tom Deutsch of the ASF on Eminent Domain & Loan Modifications -- A Mandelman Matters Podcast http://implode-explode.com/viewnews/2014-04-15_TomDeutschoftheASFonEminentDomainLoanModificationsAMandelmanMatt.html iehi-feed-53711 Tue, 15 Apr 2014 16:20:02 GMT Lending Drops to 17-Year Low as Rates Curb Borrowing: Mortgages http://implode-explode.com/viewnews/2014-04-15_LendingDropsto17YearLowasRatesCurbBorrowingMortgages.html iehi-feed-53672 Tue, 08 Apr 2014 12:34:38 GMT Apparently White House is PLEASED with HAMP and Housing? - Mandelman Matters http://implode-explode.com/viewnews/2014-04-08_ApparentlyWhiteHouseisPLEASEDwithHAMPandHousingMandelmanMatters.html iehi-feed-53670 Mon, 07 Apr 2014 23:10:28 GMT Zombie Mortgage Land! Lowest Mortgage Origination Volume on Record (And Average Loan in Foreclosure Now 2.6 Years Past Due) http://implode-explode.com/viewnews/2014-04-07_ZombieMortgageLandLowestMortgageOriginationVolumeonRecordAndAver.html iehi-feed-53663 Sun, 06 Apr 2014 17:20:41 GMT Welcome to Feudalfornia: the golden sarcophagus and the investor http://implode-explode.com/viewnews/2014-04-06_WelcometoFeudalforniathegoldensarcophagusandtheinvestor.html The current sales volume is lower than what we saw in the early 1990s.  In fact, current sales are the lowest since the market imploded a few years ago.  What gives? The current trend was driven by low inventory, investor demand, and house lusting buyers.  As investors pull-back and affordability falls, it is natural to expect volume to naturally pickup as it has.  Yet California is largely becoming a renter state. 

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[But now] the investor crowd is pulling back: "Prices have gotten to the stage where we cannot buy a house, renovate it, rent it and still make a reasonable return," said Peter Rose, a spokesman for Blackstone, which owns roughly 41,000 rental houses nationwide. "There was a moment in time where it made sense."

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iehi-feed-53662 Sun, 06 Apr 2014 16:46:18 GMT Foreclosure Mill Attorney Goes Nuts After Judge Rules Against Him http://implode-explode.com/viewnews/2014-04-06_ForeclosureMillAttorneyGoesNutsAfterJudgeRulesAgainstHim.html iehi-feed-53640 Thu, 03 Apr 2014 14:48:50 GMT Did Michigan Dems Just Slap Victims Of Illegal Foreclosures In The Face? http://implode-explode.com/viewnews/2014-04-03_DidMichiganDemsJustSlapVictimsOfIllegalForeclosuresInTheFace.html iehi-feed-53622 Mon, 31 Mar 2014 02:55:46 GMT February Pending Home Sales Continue Slide http://implode-explode.com/viewnews/2014-03-30_FebruaryPendingHomeSalesContinueSlide.html iehi-feed-53617 Sun, 30 Mar 2014 14:36:10 GMT Where Is Dick Fuld Now? Finding Lehman Brothers' Last CEO http://implode-explode.com/viewnews/2014-03-30_WhereIsDickFuldNowFindingLehmanBrothersLastCEO.html iehi-feed-53610 Fri, 28 Mar 2014 20:51:49 GMT Goldman Sachs Must Face Lawsuit Over 2007 Mortgage Bonds http://implode-explode.com/viewnews/2014-03-28_GoldmanSachsMustFaceLawsuitOver2007MortgageBonds.html iehi-feed-53584 Wed, 26 Mar 2014 14:37:57 GMT Is Credit Suisse Doing To Jamaicans What they Helped The Nazis Do In Europe? http://implode-explode.com/viewnews/2014-03-26_IsCreditSuisseDoingToJamaicansWhattheyHelpedTheNazisDoInEurope.html iehi-feed-53574 Mon, 24 Mar 2014 19:44:05 GMT THE FOURTEEN YEAR RECESSION http://implode-explode.com/viewnews/2014-03-24_THEFOURTEENYEARRECESSION.html iehi-feed-53569 Mon, 24 Mar 2014 02:31:56 GMT The Stunning History Of "All Cash" Home Purchases In The US http://implode-explode.com/viewnews/2014-03-23_TheStunningHistoryOfAllCashHomePurchasesInTheUS.html iehi-feed-53565 Sat, 22 Mar 2014 16:33:46 GMT Convicted Mortgage Fraudster Lee Farkas Wants His Mommy http://implode-explode.com/viewnews/2014-03-22_ConvictedMortgageFraudsterLeeFarkasWantsHisMommy.html iehi-feed-53563 Sat, 22 Mar 2014 00:56:38 GMT Credit Suisse to Pay $885 Million to Settle FHFA Lawsuits http://implode-explode.com/viewnews/2014-03-21_CreditSuissetoPay885MilliontoSettleFHFALawsuits.html iehi-feed-53562 Fri, 21 Mar 2014 21:48:54 GMT (Real and fake) Reasons Why NOW is a GREAT Time to BUY a Home - Mandelman http://implode-explode.com/viewnews/2014-03-21_RealandfakeReasonsWhyNOWisaGREATTimetoBUYaHomeMandelman.html iehi-feed-53554 Fri, 21 Mar 2014 15:12:15 GMT Interesting Analysis Of The Fannie/Freddie Conservatorship http://implode-explode.com/viewnews/2014-03-21_InterestingAnalysisOfTheFannieFreddieConservatorship.html iehi-feed-53551 Thu, 20 Mar 2014 22:10:52 GMT The Only CEO Prosecuted For The Mortgage Crisis Says He Feels Like A `Zombie' In Jail http://implode-explode.com/viewnews/2014-03-20_TheOnlyCEOProsecutedForTheMortgageCrisisSaysHeFeelsLikeAZombieIn.html