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  <title>Surviving the Crash</title>
  <link>http://crash.feedba.cc/live</link>
  <description>Breaking the News and Bursting the Bubble </description>
  <language>en-us</language>
  <copyright>Copyright 2010</copyright>
  <lastBuildDate>Wed, 10 Mar 2010 04:31:01 EST</lastBuildDate>
  <managingEditor>rob@feedba.cc</managingEditor>
  <webMaster>rob@feedba.cc</webMaster>
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    <guid isPermaLink="true">http://crash.feedba.cc/live/story.cfm?storyID=15835</guid>
    <title>Housing Market Slump Forces Couple To Open Brothel</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15835</link>
    <description>
    <![CDATA[
      One of the couple s Pleasantville neighbors seemed pretty sure business problems were at the root of the shocking news.  I know they re mortgage brokers,  Peter Passidomo said.  And I know it s been a tough business, so I assume they might have had financial difficulty.
    ]]>
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    <title>Existing Home Sales Fall in 41 States</title>
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    <description>
    <![CDATA[
      Sales of existing homes fell in 41 states during the April-June quarter while home prices were down in one-third of the metropolitan areas surveyed, a real estate trade group reported Wednesday.    The new figures from the National Association of Realtors underscored the severity of the current housing slump, the worst downturn in 16 years.
    ]]>
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    <title>SoCal home sales now 54 percent below peak</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15833</link>
    <description>
    <![CDATA[
      Southern California home sales continued to slump in July, falling 27% from year-ago levels, and are now running 54% below peak levels reached in July 2003, DataQuick reported today.  Some industry experts have warned that August sales may be even weaker, given the widening credit squeeze that has spread to non-subprime mortgages.
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    <title>Blood in the water in Florida property market</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15832</link>
    <description>
    <![CDATA[
      &quot;They&apos;re saying that we&apos;re heading for a recession but I think we&apos;re past that,&quot; said Setterlund, referring to the housing glut and its effect across much of south Florida. &quot;I think we&apos;re headed more into a depression.&quot;
    ]]>
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    <title>Dow Sinks 387 on Renewed Credit Concerns</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15831</link>
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    <![CDATA[
      Wall Street&apos;s deepening fears about a spreading credit crunch sent stocks plunging again Thursday, with the Dow Jones industrials extending their series of triple-digit swings and falling more than 380 points. The catalyst for the market&apos;s latest skid: a French bank&apos;s announcement that it was freezing three funds that invested in U.S. subprime mortgages.
    ]]>
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    <title>YouTube - MARKET MELTDOWN</title>
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    <![CDATA[
      
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    <title>Market Watch: Housingapos;s Batting Average Sinks Fast</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15826</link>
    <description>
    <![CDATA[
      The news for homebuilders, homebuyers, and investors has followed a downward trajectory for the two years since then. In fact, you might say housing was now hitting below the infamous Mendoza line. That&apos;s baseball talk for a batter hitting below .200. For instance, from its peak above 1,300 in July 2005, the S&amp;P Homebuilder&apos;s Index is now below 575. And home prices are dropping like stones, as shown by the latest numbers from the S&amp;P/Case-Shiller index. This bad news for homeowners causes larger problems for the U.S. economy.
    ]]>
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    <title>American Home Canapos;t Fund Mortgages, Shares Plummet</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15820</link>
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    <![CDATA[
      American Home Mortgage Investment Corp. shares plunged 90 percent after the lender said it doesn&apos;t have cash to fund new loans, stranding thousands of home buyers and putting the company on the brink of failure.    Investment banks cut off credit lines, leaving American Home without money yesterday for $300 million of mortgages it had already promised, the Melville, New York-based company said in a statement today. It anticipates that $450 million to $500 million of loans probably won&apos;t get funded today, and the lender may have to sell off its assets.
    ]]>
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    <title>Black amp; Decker profit slips, housing market weighs</title>
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    <description>
    <![CDATA[
      Black &amp; Decker Corp. on Thursday said its second-quarter profit fell 22%, hurt by commodity inflation and declines in hardware and home improvement, and said earnings for the rest of the year would be pressured by the weak housing market.
    ]]>
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    <title>Dow Plunges 400 Pts on Credit Concerns</title>
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    <description>
    <![CDATA[
      Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials fell more than 430 points, while Treasury yields plunged as investors moved money into bonds.
    ]]>
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    <title>Todayapos;s Housing Bubble Post - New Home Sales Plunge</title>
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      Sales of new homes fell in June by the largest amount in five months as the  housing industry continued to struggle with its worst downturn in 16 years.
    ]]>
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    <title>Analyse This: US Housing Crisis Is Not Over</title>
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    <![CDATA[
      As the US housing market crisis deepens in the months ahead, fingers will  be pointed at those who might have contributed to the earlier housing  bubble.
    ]]>
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    <title>Market Woes Hammer KB Home</title>
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    <![CDATA[
      KB Home continued the streak of disappointing homebuilder earnings, reporting an unexpected second-quarter loss due to very large land impairment charges.
    ]]>
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    <title>Toll sees no housing jump before April 2008</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15386</link>
    <description>
    <![CDATA[
      &quot;I see no reason to expect a change in confidence until probably April &apos;08, when the candidates will fairly well be settled for the presidential election and we&apos;ll start to listen to speeches about how we&apos;ll get better,&quot; Robert Toll, the company&apos;s chairman and chief executive, said at the Reuters Real Estate Summit.
    ]]>
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    <source url="http://crash.feedba.cc/live/story.cfm?storyID=15386"></source>
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    <guid isPermaLink="true">http://crash.feedba.cc/live/story.cfm?storyID=15366</guid>
    <title>US MBAapos;s Mortgage Applications Index Fell 3.9% Last Week</title>
    <link>http://crash.feedba.cc/live/story.cfm?storyID=15366</link>
    <description>
    <![CDATA[
      The refinancing index dropped 2.5 percent, to 1731.6, the lowest level so  far this year, from 1776.8. The share of applications for refinancing rose  to 38.7
    ]]>
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