gse.....a media beat up? perhaps. perhaps not.16 hedge funds...

gse.....a media beat up? perhaps. perhaps not.

16 hedge funds have gone bust since mid july and another 15 that may be not far behind (http://hf-implode.com/)

145 u.s. mortgage lenders have gone bust since late 2006 (http://ml-implode.com/)

countrywide - one of the largest mortgage lender still not out of the woods yet (http://www.businessweek.com/bwdaily/dnflash/content/aug2007/db20070829_117563.htm?chan=top+news_top+news+index_top+story)

freddi mac recently reported that 2nd quarter profits fell 45% (http://www.forbes.com/feeds/ap/2007/08/30/ap4068442.html)

home foreclosures on the rise - in calfornia at a 20 year record high (http://efinancedirectory.com/articles/Home_Foreclosures_Rise%2C_a_Moratorium_on_Foreclosures_is_Proposed.html)

ramblings from the likes of h&r block closing their mortgage or financing units.

the august sell off coinciding with hedge funds having to offload assets so that they could return money to panicked investors. has this ended?

anyway.....these are just a few examples that imo highlight it is not a a media beat up. but as the saying goes, time will tell.