Twitter storm over offensive Bloomberg housing cover Twitter has open-sourced Storm, its distributed, fault-tolerant, real-time computation system, at GitHub under the eclipse public license 1.0. storm is the real-time processing system developed by Bac

Those who dwell on the past are doomed to repeat it I ran across this piece a couple days back, but did not have enough (contiguous) free time to read, much less pass on until now. The first third was promising, but the harping on the Civil War theme grew tiresome, and not simply because I find the mythos of the Old South itself tiresome.

Home price stall-out spreads from lower-priced homes to higher end Job gains feed the housing recovery 10 million more mortgages set to default, expert says 80% LTV Is a Very Important Threshold! You would have a first mortgage at 80% LTV, and a second mortgage for an additional 10% ltv, making the CLTV 90%. Sometimes borrowers elect to break up home loans into a first and second mortgage, known as combo mortgages, to keep the loan-to-value ratio below key levels,

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