The title I stole from CNN.com Pretty amusing. Here’s what’s NOT amusing….. Mortgage Meltdown Whiskey Tango Foxtrot? From the article when talking about borrowers who had bought way more house than they could really afford by getting an ARM with low “teaser” rates to make their payments low…..essentiall either [Continue]

–Isn’t it interesting how someone who owes the bank is called a “home owner”? I had a particularly insightful friend who owned a very nice home in one of San Francisco’s more desirable neighborhoods. Back in 2000, when asked if he owned his home, he used to answer, “No, I pay the bank for the right [Continue]