sdrealtor– could you please detail a couple examples of where Mr. Mortgage has “confirmation bias” and “holes” in his argument? I’d like to see.
Mr. Mortgage certainly tells me what I want to hear (yes, I admit my bias), but Mish, who i consider a guy who knows what he’s talking about, also quotes him, apparently with a straight face.
Temeculaguy, ForeclosureRadar.com appears to be a kind of tracking site for realtors, sort of a Zillow for foreclosures.
Much of Mr. Mortgage’s argument hinges on the “upcoming wave of Alt-A resets,” but Healdsburg Housing Bubble points out what he considers to be a major flaw in that Credit Suisse resets chart that’s been floating around the Web for 2 years. In fact the Healdsburg guy goes on to argue that Wells’ portfolio of Option ARMs (admittedly not the same thing as Alt-A’s) may not recast until 2014… or maybe ever.
