[pencilneck]

La Posta brings back memories. Albeit distinctly hazy and fragmentary memories.

I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.

[pencilneck]

La Posta brings back memories. Albeit distinctly hazy and fragmentary memories.

I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.

[pencilneck]

La Posta brings back memories. Albeit distinctly hazy and fragmentary memories.

I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.

[pencilneck]

La Posta brings back memories. Albeit distinctly hazy and fragmentary memories.

I don’t know much about real estate. The best time to buy a Chile Relleno Burrito is NEVER at 2:00 am.

[pencilneck]

I believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.

We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.

http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html

[pencilneck]

I believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.

We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.

http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html

[pencilneck]

I believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.

We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.

http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html

[pencilneck]

I believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.

We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.

http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html

[pencilneck]

I believe San Diego would withstand a direct major earthquake pretty well. Tijuana would probably not fare so well, but, assuming most of our infrastructure stays intact, the rebuilding there could result in a net positive effect for real estate in the county of San Diego. I don’t mean to sound flippant about this, if that’s the way it comes across.

We are more vulnerable to a major earthquake in the Sacramento region, as this could damage the fragile levee system that provides water to about 2/3’s the state’s population. And a major earthquake is far more likely to occur in the Delta region than in San Diego. This would nearly certainly damage the economy of Southern California, and housing prices, severely for at least a few years.

http://www.achangeinthewind.com/2010/07/californias-katrina-levee-failure-in-the-delta.html

[pencilneck]

“Did any really think these loan mods wouldn’t have strings attached?”

I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.

[pencilneck]

“Did any really think these loan mods wouldn’t have strings attached?”

I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.

[pencilneck]

“Did any really think these loan mods wouldn’t have strings attached?”

I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.

[pencilneck]

“Did any really think these loan mods wouldn’t have strings attached?”

I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.

[pencilneck]

“Did any really think these loan mods wouldn’t have strings attached?”

I didn’t know how they were attached or where. Or how the banks would profit from them. A picture is starting to form.

[pencilneck]

The twist is that that the mortgage modification offer was just another loan. I never looked into the details of these, so this is new to me.

The Wall Street Journal ran a better article on Saturday:

In a report to Congress on Oct. 26, Mr. Barofsky concluded that some borrowers seeking loan modifications through HAMP might wind up “worse off than before they participated.” Back payments, penalties and late fees triggered when homeowners are rejected for a permanent fix can push some borrowers over the edge, he said.

http://online.wsj.com/article/SB10001424052748704805204575594453938527666.html

[Author]

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