Subprime Mortgages

Welcome to the 'Subprime Mortgages' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Subprime Mortgages'.

Latest blogosphere posts tagged “Subprime Mortgages”

• Mark Pittman, A Close Friend, Great Reporter, And The First Person To Sue The Fed And Win, Has Died

  
  zero hedge — Authority: 761
  Mark Pittman, the Loeb Award-winning Bloomberg journalist, a personal friend, a legendary financial reporter and the first person to sue the Fed (in conjunction with Bloomberg News) and win, passed away on Wednesday. He was 52. Our thoughts are with his family. Bloombergs brief on Marks legacy. Nov. ...
  19 hours ago

• 1 in 4 mortgages ‘underwater’

  
  Survival News Network — Authority: 143
  In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.Almost 10.7 million U.S. mortgages were “underwater” as of September, said research firm First American CoreLogic.Another 2.3 million homeowners are ...
  3 days ago

• Falling for Teasers and Not Squirreling Away Our Nuts

  
  EconomistMom.com — Authority: 511
  I like Ed Andrews’ New York Times article on how we’re running out of ways to cheaply finance our federal debt.  Ed explains: The White House estimates that the government will have to borrow about $3.5 trillion more over the next three years. On top of that, the Treasury has to refinance, or roll over, a ...
  4 days ago

• Bad Credit Mortgages Are A Rip-Off

  
  Amateur Asset Allocator — Authority: 563
  Bad credit mortgages are a rip-off.  Not only are they a rip-off, they were also a prime contributor to one of the deepest recessions of the past 100 years.  They are more commonly referred to as “sub-prime mortgages,” which is more politically-correct than “loan only a sucker would take.” Why Bad Credit ...
  5 days ago

• Real Recovery Hallucinations

  
  The Daily Reckoning — Authority: 598
  What happened yesterday? The Dow sold off 93 points. Investors had been hesitating. There’s supposed to be a recovery going on. But the latest news is unsettling. Housing and employment numbers are weak. What’s going on? Maybe this recovery is not a sure thing after all. “Record numbers late on US loans,” ...
  1 week ago

• Even the good die young? High-quality mortgages approaching foreclosure

  
  BloggingStocks — Authority: 654
  Filed under: Economic data , Housing , Recession The loans that got us into this mess were generally the first to fall. Variable rate mortgages written without documentation for people with sketchy credit histories shocked nobody as their slide became an avalanche. But, the good stuff is starting to follow . An ...
  1 week ago

• John Paulson’s Big New Bet on Gold

  
  GreenLightAdvisor Views — Authority: 143
  Gold is getting a great deal of sponsorship, in general, but it is even more notable, when some of that sponsorship is coming from the likes of this era’s new contrarians. John Paulson, who personally made $4-billion betting against subprime mortgages in 2007, has shifted his focus to gold during the last 9 ...
  1 week ago

• Prime Borrowers Are The Latest Victims in Foreclosures

  
  Progressive News Daily — Authority: 162
  by ALAN ZIBEL The Huffington Post WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the broader economic recovery. The latest evidence was a report Thursday that a rising ...
  1 week ago

• Addabbo: Landmark Legislation Will Protect New Yorkers From Foreclosure

  
  Lost in the Ozone... — Authority: 140
  Bill Protects Homeowners at Risk of Losing Their Homes, Prevents Similar Crises from Happening in the Future New York State Senator Joseph P. Addabbo, Jr., announced today that the New York State Senate passed critical legislation yesterday to protect homeowners across the state. Expanding upon ...
  1 week ago

• Hedge fund genius out-earns J.K. Rowling, Oprah and Tiger combined

  
  DailyFinance — Authority: 800
  Filed under: Goldman Sachs , Citigroup The Paulson whos been most in the news over the last few years has been former Treasury Secretary Hank. But the Paulson who has made the most money during that time is a fellow youve probably never heard of -- another Harvard Business School graduate in the hedge fund ...
  1 week ago

• Subprime Justice

  
  The Big Money — Authority: 701
  We know what you’re thinking: Why isn’t anyone in jail? By the summer of last year, it was clear that the subprime housing market was a catastrophe. Junk mortgages had been offered to janitors or day-care-center operators, and financial institutions had sold the debt to funds. Much of it was garbage. But we ...
  1 week ago

• Sub Prime Mortgage Crash -- How it happened

  
  The Stoned Crab — Authority: 132
  Liberals do it every time ... The people in Washington, i.e. Congressmen and Senators, who were supposed to be looking out for you, looking out for America, were looking out for themselves. Why were the banks giving out home loans to borrowers who were not qualified -- Because the laws passed by Congress forced them ...
  1 week ago

• FHA is SOL

  
  The Daily Reckoning — Authority: 598
  Just as we forecast, the Federal Housing Administration revealed yesterday that it will likely need a government bailout. The results of an external audit (after being suddenly delayed for a week) showed the FHA’s capital cushion to be just 0.53% of its portfolio of insured mortgages. That’s way below the 2% ...
  2 weeks ago

• Another Big Wave of Foreclosures

  
  The Daily Reckoning Australia — Authority: 550
  The Dow rose 200 points yesterday, bringing it only about 75 points below the 10,300 level. Why is the 10,300 mark important? Its not really...its just the point where this bounce will equal the bounce following the crash of 29. No reason in particular that this bounce should be the same as the one 80 years ago. But ...
  2 weeks ago

• Fannie Mae Offers Homeowners Facing Foreclosure An “Opportunity” To Rent Not Own?

  
  Reed's Bankruptcy Blog — Authority: 139
  According to an article in the Star-Telegram, Fannie Mae is offering homeowners facing foreclosure the option of leasing their home instead of going through the foreclosure process.The article said:“The government-controlled company, through its new “Deed for Lease” program, will allow borrowers to transfer ...
  3 weeks ago

• US Mortgage Crisis to Return!

  
  Veritas Vos Liberabit — Authority: 475
  I WAS IN NEW YORK earlier this week for the Value Investing Congress, reports Chris Mayer of Capital & Crisis . Among the more valuable presentations were those of Sean Dobson at Amherst Securities and Whitney Tilson and Glenn Tongue of T2 Partners. They were valuable because they helped frame where we are in ...
  3 weeks ago

• Important News - Nov. 05

  
  InvestmentWatch — Authority: 156
  New Role For Goldman: Taking Away People’s Homes Joining other Wall Street firms that bought millions of subprime mortgages, Goldman companies have gone to courts from California to Florida seeking approval to foreclose on the homes of middle- and lower-income Americans who couldn’t keep up with their loans’ ...
  3 weeks ago

• The Parable of the Trading Sardine

  
  The Melting Pot Project — Authority: 426
  Buddy Christ approves this message. Sudden Debt recently posted this little story, and I would be remiss to not share a lesson taught by guys named "Zebediah" and "Yorick." Enjoy: Andy convinces Billy to buy a can of sardines at...
  3 weeks ago

• Tim Geither and Friends: Cashing In

  
  Addiction in the 21st Century — Authority: 122
  Geithner’s crimes through AIG : will the truth come out?Max Keiser, Stacy Herbert and Webster Tarpley talk about AIG being used by Tim Geither to line in the pockets of Goldman Sachs and othershttp://maxkeiser1.blogspot.com/2009/11/aig-credit-default-swap-geithner.htmlrecorded on October 31th 2009.Read The Bloomberg ...
  3 weeks ago

• Goldmans new role: repossessing foreclosed homes

  
  WalletPop Blog — Authority: 698
  Filed under: Banks , Credit , Real Estate , Investing , Bankruptcy , Mortgages Goldman Sachs spent years buying hundreds of thousands of subprime mortgages during the real estate boom, packaging them into high-yield bonds. Now that the bottom has fallen out of the property market, the Wall Street behemoth ...
  3 weeks ago

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