Is the big news this week the subprime rate freeze plan announced by the Bush administration? Or is it another political red herring? At first glance, it sounds really good, but let's look a little further into the [...]

While there is still a lot of bad news to report in the housing sector, there is a lot of good news too that is buried on page 70 or not reported at all. Today for example, there was an article in an area paper about how many State's pension funds have taken a hit from the subprime fallout. Following the loses in the [...]