mortgage defaults

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Latest blogosphere posts tagged “mortgage defaults”

  • Doomsday for FHA?


    Understanding GovernmentAuthority Authority: 139
    Housing Urban Development’s Federal Housing Administration was created during the New Deal to rebuild confidence in the housing market. Today, it is the only federal agency to not rely on taxpayer dollars: its funding comes from borrowers who take out FHA-financed mortgages. However, the Washington Posts’ Dina ...
    6 days ago
  • The Two Things That Really Matter


    The Daily ReckoningAuthority Authority: 627
    We’ve said it before, and again and again, but it still bears repeating: The real barometers of this recession are employment and housing… and both fronts aren’t looking so hot today. More than one in every 10 Americans is out of work, the Labor Department reluctantly reported this morning. The official ...
    1 week ago
  • Tips For Mortgage Refinancing the Right Way


    Mortgage-BlogAuthority Authority: 450
    Homeowners need to save money. Everywhere you look, foreclosures, mortgage defaults, and financial hardships make paying the monthly mortgage harder and harder. With mortgage refinancing being such a popular option, many homeowners would like to know how to get the best interest rate and refinancing deal possible. ...
    2 weeks ago
  • Banks, Homeowners and the Battle Over ‘Too Big to Fail’


    The Washington IndependentAuthority Authority: 767
    It’s a big day for banks today: The Obama administration is expected to unveil new “too big to fail” proposals for dealing with troubled financial giants, Reuters reports. The proposals would “give the government the power to dismantle large financial companies that get into crises.” The new draft bill ...
    2 weeks ago
  • US home sales surge to highest level in two years


    Thaindian NewsAuthority Authority: 718
    Washington, Oct 23 (DPA) Sales of existing homes in the US surged 9.4 percent in September to their highest level in more than two years, figures from an industry group showed Friday, in a strong sign that the country’s housing crisis may be easing.The National Association of Realtors (NAR) said home sales climbed ...
    3 weeks ago
  • Quarter 2 sees repossession levels fall


    The Money StopAuthority Authority: 132
    The second quarter of this year has seen repossession levels fall in the UK according to a recent report. Repossessions have been rocketing in the UK as a result of the global credit crunch and high interest rates. However, many industry officials have said that the financial sector has now eased off and interest ...
    3 weeks ago
  • Four reasons were stuck with high unemployment for a while


    BloggingStocksAuthority Authority: 659
    Filed under: Employees , Economic data , Personal finance , Recession Some of the jobs that have disappeared through this recession are gone forever, it seems. Even when the market turns, and even gains momentum, we could be stuck with a fairly weak employment market for a while . The recovery will take ...
    3 weeks ago
  • Gangster Banks Refuse to be Regulated


    ANTIESTABLISHMENTARIANAuthority Authority: 107
    There is not only no hope that our economy will recover unless that criminal mafia know as banks are reigned in with a bull whip, but even no hope that it will not continue to sink into severe regression and depression.Congress has proposed some very weak new regulations for banks, but as soon as the [...]
    4 weeks ago
  • Largest ACORN Victim Bank Of America Loses $2.4 Billion In Three Months


    Get Credit CardsAuthority Authority: 155
    New York Times: Bank of America reported a third-quarter loss on Friday, releasing results that showed a bank burdened by mortgage defaults and credit card delinquencies. The bank, which had big profits in the previous two quarters, reported a loss of $1 billion in the third quarter before accounting for dividends to ...
    4 weeks ago
  • The Wall Street Crisis May Be Over, But The Real Economic Crisis Still Looms


    David Westerfield > WeblogAuthority Authority: 415
    In order to create incentive and get consumers’ as well as investors’ confidence back up to levels before the financial crisis started, it seems the media and their overlords, whoever they may be (I personally think Goldman, JPMorgan, BofA, et al.), are intent on continuing to mask the reality of the actual crisis ...
    4 weeks ago
  • Mortgage Defaults on the Rise as More People Become Unemployed


    The Money StopAuthority Authority: 132
    According to experts at City the number of homeowners defaulting on their mortgage could rise to about 400,000 by 2011 with the number of unemployed reaching a high of 3.5 million.Ed Stansfield of Capital Economics equates the results of the current recession to that of the early 1990’s. At that time the housing ...
    4 weeks ago
  • No shame in walking away from mortgage


    Reno Real Estate LogicAuthority Authority: 109
    Commentary By Mark Gimein updated 4:48 a.m. PT, Wed., Oct . 14, 2009 &&&& A solid two years into the housing bust, the national foreclosure wave doesn’t show the least signs of abating. Banks that had called a foreclosure moratorium are now back to the business of taking back ...
    4 weeks ago
  • Depression In Commercial Real Estate Results In Bargains For Some


    Mortgaged FutureAuthority Authority:
    Depression Pricing As Empty Hotels Slash Rates The recent era of easy lending was not confined to residential real estate.  Commercial real estate lending is the next big worry for a banking industry already beset by an avalanche of non performing loans.  The banking industry has $1.8 trillion dollars of ...
    4 weeks ago
  • Thirty percent rise in mortgage arrears


    Loan EmpireAuthority Authority: 99
    A recent report has shown that although the base interest rate has fallen to its lowest level in history, at just 0.5 percent, the level of mortgage arrears in the UK has soared by 30 percent over the past year.In the second quarter of this year another 51,000 homeowners are said to have fallen behind [...]
    4 weeks ago
  • Can The Unemployed Afford A Mortgage Payment?


    Mortgaged FutureAuthority Authority:
    Government Determined To Keep Unwilling Homeowners In Homes The FDIC announced a new initiative to reduce foreclosures on home mortgage loans held by failed banks that were acquired by another institution.   This new FDIC program goes far beyond previous government mortgage assistance programs such as the Home ...
    8 weeks ago
  • Can The Unemployed Afford A Mortgage Payment? | Mortgaged Future


    Mortgage onlineAuthority Authority: 159
    Government Determined To Keep Unwilling Homeowners In Homes The FDIC announced a new initiative to reduce foreclosures on home mortgage loans held by.
    8 weeks ago

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