delinquencies

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Latest blogosphere posts tagged “delinquencies”

  • World Bank President Issues Warning On U.S. Economy


    Boom2Bust.comAuthority Authority: 569
    I have a feeling the World Bank won’t be too surprised if the United States falls into a “double-dip” recession. From the Associated Press’ Alex Kennedy this morning: Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to ...
    4 days ago
  • No Matter What You Hear, There's No Quick Fix for Credit


    loans-blogAuthority Authority: 146
    With Americans’ credit scores plunging amid record numbers of mortgage and credit card delinquencies, companies that promise to eliminate negative information in credit bureaus’ files are proliferating, federal regulators say. Source: No Matter What You Hear, Theres No Quick Fix for Credit
    1 week ago
  • Freddie Mac earnings hurt by loan delinquencies


    The Washington PostAuthority Authority: 967
    Mortgage finance giant Freddie Mac reported a third-quarter loss of $5 billion, but the federally controlled company said it did not need an additional infusion of government cash.
    1 week ago
  • Important News - Nov. 05


    InvestmentWatchAuthority Authority: 450
    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’ ...
    1 week ago
  • October CMBS Performance Worsens, Loan Backing Union Square W Hotel To Default Imminently


    zero hedgeAuthority Authority: 769
    It really is time for the our central planning banking system, aka the Fed, to start thinking about enforcing CRE bailout strategies. Aaron Bryson over at Lehman, pardon, Barclays, has released his monthly CMBS remittance report, and things are getting worse ever faster. In disclosure that is sure to keep the market ...
    1 week ago
  • Setting Up the Next Leg Down in Housing


    Real Estate Investors DailyAuthority Authority: 128
    Loose lending standards in government-backed mortgages is setting up the next wave of defaults and sharp declines in housing prices.  Charles Hugh Smith, Of Two Minds Beneath the hype that housing has bottomed is an ugly little scenario: lending standards are still loose and the low-down payment, high-risk loans ...
    1 week ago
  • No Matter What You Hear, There's No Quick Fix for Credit


    loans-blogAuthority Authority: 146
    With Americans’ credit scores plunging amid record numbers of mortgage and credit card delinquencies, companies that promise to eliminate negative information in credit bureaus’ files are proliferating, federal regulators say. Source: No Matter What You Hear, Theres No Quick Fix for Credit
    1 week ago
  • The Hypocrisy Of Chairman Ben


    zero hedgeAuthority Authority: 769
    Even as Fed representatives seem not only unaware of the anti-dollar bubble being created, but unaware of the bubble concept in general, courtesy of a perfectly efficient economic system in which all such things tend to self-adjust with "mild to moderate" adverse impacts, one would be remiss to blame Fed Chairman of ...
    1 week ago
  • Why Fannie and Freddie Aren’t Going to Make It Easier to Get a Mortgage Any Time Soon……


    tvanderwell on SmartHippo.comAuthority Authority: 437
    Enough said?   Or do I need to say More? Tom Vanderwell Technorati Tags: Fannie Mae , Freddie Mac Related Posts October 29, 2009 — Mortgage Delinquencies – continuing to climb…. August 21, 2009 — Mortgage Delinquencies April 4, 2009 — Evidence that the housing market isn’t out of the ...
    2 weeks ago
  • Why Fannie and Freddie Aren’t Going to Make It Easier to Get a Mortgage Any Time Soon……


    Straight Talk About Mortgages and Real EstateAuthority Authority: 541
    Enough said?   Or do I need to say More? Tom Vanderwell Technorati Tags: Fannie Mae , Freddie Mac Related Posts October 29, 2009 -- Mortgage Delinquencies – continuing to climb…. August 21, 2009 -- Mortgage Delinquencies April 4, 2009 -- Evidence that the housing market isn’t out of the ...
    2 weeks ago
  • Fannie Mae Seriously Delinquent Rate Hockeysticks to 4.45% From 1.57% In Prior Year


    zero hedgeAuthority Authority: 769
    The FNM " seriously delinquent " rate has gone parabolic, increasing by roughly 5% sequentially and just under 300% YoY. As mere text will simply not do this metric justice, please enjoy this chart of the dataset from Blytic . It tells you all you need to know about the Feds containment of the housing problem. ...
    2 weeks ago
  • Mortgage Delinquencies – continuing to climb….


    tvanderwell on SmartHippo.comAuthority Authority: 437
    I’ve got to hand it to Foresight Analytics.   They didn’t try to spin a “less bad” report out of something that wasn’t less bad. So what did their report show: Delinquencies in mortgages are still climbing. The rate of delinquencies has been consistently going up at least 1% per quarter. I’m going ...
    2 weeks ago
  • What is the best way to restructure a mortgage?


    Financial PlanningAuthority Authority: 435
    I am helping my dad restructure 2 mortgages which are both 2-3 mo’s late. What is the best way to do this? He tried himself in the past, but feels now that he is late, it is best to let a professional handle and negotiate for him. However, the co’s all seem to charge fees [...]
    2 weeks ago
  • Mortgage Delinquencies – continuing to climb….


    Straight Talk About Mortgages and Real EstateAuthority Authority: 541
    I’ve got to hand it to Foresight Analytics.   They didn’t try to spin a “less bad” report out of something that wasn’t less bad. So what did their report show: Delinquencies in mortgages are still climbing. The rate of delinquencies has been consistently going up at least 1% per quarter. I’m going ...
    2 weeks ago
  • Rate Of Bank Charge Offs Surpasses That Set During Great Depression


    zero hedgeAuthority Authority: 769
    Even as the cataclysmic events of last year fade into memory and most pundits are convinced that the government alone can push the country into prosperity, if it only wasnt for that pesky unemployment number that just refuses to cooperate, yet another comparison with the Great Depression emerges, one that shows that ...
    2 weeks ago
  • CRE Update: CMBS Deterioration Accelerates, L.A.s 550 South Hope Tower Appraised At Half 2007 Value


    zero hedgeAuthority Authority: 769
    August CRE trends continued their downward trends, with a bevy of trackers of CMBS performance, Moodys, Fitch, Realpoint and TREPP seeing substantial deterioration in September. According To TREPP the August delinquency rate was up to 4.35% from 4.03. Legacy rating agencies Moodys and Fitch indicated a comparable ...
    3 weeks ago
  • Mortgage Delinquencies Rise But Overall Consumer Debt Falls


    Mortgage onlineAuthority Authority: 159
    It is not a happy picture in most areas because there is a growing number of both delinquent mortgage payments and housing foreclosures. Other types of loans are reporting increasing delinquencies also
    3 weeks ago
  • Why this isn’t over – a picture is worth 1000 words….


    tvanderwell on SmartHippo.comAuthority Authority: 437
    Technorati Tags: Freddie Mac , Delinquencies Related Posts October 19, 2009 — What is Open Access? And why should I care? October 6, 2009 — Why Fannie Mae and Freddie Mac don’t like Condos…. October 3, 2009 — 1 out of 5? Wow! September 25, 2009 — Hello Freddie? I’d like to ...
    3 weeks ago
  • Why this isn’t over – a picture is worth 1000 words….


    Straight Talk About Mortgages and Real EstateAuthority Authority: 541
    Technorati Tags: Freddie Mac , Delinquencies Related Posts October 19, 2009 -- What is Open Access? And why should I care? October 6, 2009 -- Why Fannie Mae and Freddie Mac don’t like Condos…. October 3, 2009 -- 1 out of 5? Wow! September 25, 2009 -- Hello Freddie? I’d like to apply ...
    3 weeks ago
  • What will the credit card companies do?


    Lucrative InvestingAuthority Authority: 440
    All the credit card companies are reporting a huge rise in delinquencies. The problem I see is that not only are there more and more defaults of credit cards, but these are the same banks that faced huge losses in the subprime mess. Most the companies like Citigroup and Chase are going to be raising their rates ...
    3 weeks ago

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