Headline games.

"Housing Recovery Still At Risk of Regression...." Bulletin, 2/10/12.

Errr....what recovery?

The first paragraph of the article says: "...the housing market remains tepid and runs the risk of sinking even lower."

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Heard some commentators on the 25 billion mortgage settlement. They said the banks were still on the hook for their actions, and this may be a "first installment."

If so, the agreement doesn't look quite so bad.

I have more faith in aggressive State attorneys than I do in the federal probe.

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"BOTC To Step Up Its Lending."

Where have I heard that before? The banks have been pretty much saying this for a couple years now, but everyone I've ever talked to says it harder now than ever.

Anyway, saying and doing are two different things.

That graph was interesting -- going from $0.59 billion in assets in 2002 to $2.4 billion in 2008 and then back down to $1.41 billion.

Amazing they survived that. I wonder if the new CEO is going to be left holding the bag.

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