Every other Sunday, The Simple Dollar reviews a personal finance book. Miserly Moms by Jonni McCoy wears its target audience right on its cover – stay-at-home moms (or at least moms who devote a significant amount of time to domestic management) that are trying to maximize every penny. It’s…

From HotelNewsNow.com: California to see record number of hotel foreclosures The number of California hotels in default or foreclosed on jumped 125% in the last 60 days. The state now has 31 hotels that have been foreclosed on and 175 in default, according to California-based Atlas Hospitality. With 19.6% of…

There is no doubt that the Reverse Mortgage Industry is booming and many mortgage bankers and brokers alike are making their living off of the reverse mortgage market rather than the traditional forward mortgage that created so much wealth for them in years past.  However, for many bankers and…

I highly recommend Anton Brender and Florence Pisani’s recent monograph, “ Globalized finance and its collapse .” In a lot of ways, it is something that I wish I could have written. I don’t agree with every detail, but in my view they get the broad story right. Brender…

One. This was a very weak report . Very modest demand for US financial assets from the rest of the world is creating ongoing pressure for the US to adjust — that is for the US trade deficit to fall. Net TIC flows — counting short-term flows — were…

The chart below shows the trend in Median Home Price for Travis County, Texas over the last year. By analyzing this chart below we may be seeing another sign that the housing market is improving in certain areas. We are seeing a modest seasonal increase in 2009 vs. 2008.…