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March 6, 2008
Thursday Blogwrap
Blue House. Photo by archival.
City Struggles to Reduce Glut of Parking Placards [Gothamist]
The Pinky Building of Bedford Ave. in Bed-Stuy [GL]
College Target: No superdelegates needed [Brooklyn Junction]
Another Missing Gate In Carroll Gardens [Pardon Me for Asking]
Is There a Park Slope in Denver? [OTBKB]
Hidden Treasure: Sushi Okdol? [CH Blog]
Cortelyou Crocuses! [Flatbush Gardener]
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Comments
I love that blue house, I always say so everytime I pass by.
Posted by: guest at March 6, 2008 4:56 PM
It could use some white windows.
Posted by: guest at March 6, 2008 5:33 PM
what neighborhood?
Posted by: guest at March 6, 2008 5:56 PM
That is some bright blue!
You really need to prep and prime thoroughly to get that kind of almost metalic eveness.
A tour de force.
Posted by: guest at March 6, 2008 6:22 PM
stuck on stupid?
Posted by: guest at March 6, 2008 8:43 PM
Please post your rant a few more times What.
Posted by: guest at March 6, 2008 8:44 PM
oh dear - there goes the mortgage market folks - NEW YORK (MarketWatch) -- In the latest sign of mortgage-industry retrenchment by a major U.S. bank, Citigroup said Thursday it will reduce its mortgage assets by $45 billion over the next 12 months.
Chart of C
The move, announced after the closing bell, represents a 20% cut in the value of mortgages held by Citi as of December, the most recent period detailed by the bank.
Posted by: guest at March 6, 2008 8:45 PM
What is MREB What?
Posted by: guest at March 6, 2008 8:52 PM
we are all fucked. its official. mortgage rates are going through the roof - affordability is collapsing for prospective buyers, even if they had the inclination. this is the 2nd innings of a the new beginning of rational property prices and discreet lending practices. nyc will not be immune from this cycle anymore.
Posted by: guest at March 6, 2008 8:59 PM
M u t a n t
R e a l
E s t a t e
B u b b l e
Posted by: guest at March 6, 2008 9:03 PM
warriors.....where are you? warriors.....come out to playeeee.....
Posted by: guest at March 6, 2008 9:07 PM
Bankruptcy filings rose 18% in February. One of the big mortgage lenders, Thornburg, of Santa Fe, New Mexico, defaulted on a $320 million loan. Investors sold the stock. Just a week ago, it was a $12 stock. Now it’s a $3 stock.
Everything is getting ‘marked to meltdown,’ says the Wall Street Journal . Lenders approach a new loan as they might come upon the rim of an active volcano...worried that it might blow up in their faces at any minute. Yields on auction rate financing for municipalities and hospitals have almost doubled. And when the auctions fail, they can really explode. That’s why the Port Authority found itself paying a 20% rate on money it needed.
Posted by: guest at March 6, 2008 9:10 PM
Looks like the conspiracy Moonbats have been hitting the kool-aid pretty hard.
Sadly throughout history, the true believers in their grotesque perception of the "truth" always are looking for the congratulatory pat on the head from Comrade Commissar (or similar figure) before receiving their complimentary bullet hole to the noggin.
I honestly wonder how many of the anti-market ranters on the internet are trust fund kiddies with no concept for finance.
Posted by: guest at March 6, 2008 9:23 PM
It's sad that the crazies and trolls post here out of all the blogs on the web, it would be even sadder if someone was paying them to do it 9:33.
Posted by: guest at March 6, 2008 10:46 PM
Love the blue house too. It's on Union Street between 4th and 5th in Park Slope. It is quite jaunty.
Posted by: guest at March 6, 2008 11:27 PM
really? gone by there a million times and never noticed.
Posted by: guest at March 7, 2008 12:36 AM
I honestly wonder how many of the pro-bubble-market ranters on the internet are trust fund kiddies with no concept for finance.
Posted by: guest at March 7, 2008 12:57 AM
is it the truth that Citibank has just reduced their mortgage portfolio by 20%? is it the truth that the mortgage market is experiencing one or 2 major difficulties? am i crazy for thinking that is all bullshit? i think the sad, detached from reality crew are you fools who think your real estate investment is untouchable by the forces of gross economic mismanagement. pull your heads out of your asses and look around. the financial houses are collapsing. the investment banks are at multi-year lows. wake up and smell your coffee.
Posted by: guest at March 7, 2008 1:10 AM
Love it, 9:07; absolutely love it!
Posted by: guest at March 7, 2008 8:39 AM
i bought my house to live in, WHAT. i just consolidated my mortgage and HELOC with Chase at a tidy savings. come over some time for a cocktail and an ass kicking.
Posted by: guest at March 7, 2008 8:47 AM
How can Citibank reduce its mortgage portfolio overnight by 20% if nobody's buying? This is an honest question, I'd like to know.
Posted by: guest at March 7, 2008 9:03 AM
If you read, they said over 12 months. Not overnight.
Also, they can do it by attrition - i.e. not buying or making new motgages while auctioning off what they have.
Posted by: guest at March 7, 2008 9:06 AM
All of the banks are trimming their mortgage lending. Cutting down the departments, selling them off, or closing them down.
Posted by: guest at March 7, 2008 9:54 AM
cute but very selfish.
Posted by: guest at March 7, 2008 9:55 AM
Funny when I saw how many posts there were under the picture of the cute blue house, I thought maybe it was a landmarks debate. But no, it's just The What.
Posted by: guest at March 7, 2008 2:30 PM
The most amusing thing about the what is that he has convinced very few people to see his way of thinking. I don't think he's learned (no surprise there) that calling people obscene names and forcing news articles down their throats are effective persuasion tactics.
Posted by: guest at March 7, 2008 2:51 PM
human spam!
Posted by: guest at March 8, 2008 9:45 PM
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