Housing

Anger is a Brewing.

First we have anger on the trading floor. "CNBC's Rick Santelli and the traders on the floor of the CBOE express outrage over the notion they may have to pay their neighbor's mortgage, particularly if they bought far more house than they could actually afford, with Jason Roney, Sharmac Capital."

http://www.cnbc.com/id/15840232?video=1039849853

Next we have an angry mayor

"Mayor of Lansing Michigan Rips Into Fox News Anchor"

Obama's Many Homes

Obama's housing plan came out today. If you have an irresponsible mortgage under Fannie and Freddie and owe more than 80% of your home, you get to re-fi into a somewhat normal 30-year.

The Alt-A Second Wave

Incase you missed the 60 minute interview, its worth the watch.

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