mortgage meltdown

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Latest blogosphere posts tagged “mortgage meltdown”

• NY Rocks: Diana Yano-Horoski speaks out and gives thanks in Indymac Case

  
  Livinglies's Weblog — Authority: 134
  Readers of Livinglies: Firstly, might I say we were as shocked as anyone to learn of Judge Spinner’s ruling, so eloquently documented in his Jeffersonian-writing style. We appreciate the notes and calls of support, but we are ordinary people whose only wish is to return to a normal life. As the court records ...
  5 days ago

• Prime, fixed-rate mortgage foreclosures undercutting housing recovery

  
  Deadline Newsroom — Authority: 122
  Black Friday Report: Regifting becoming endangeredHigher foreclosure rates among homeowners with prime, fixed-rate home loans are replacing sub-prime loan failures at an alarming rate, and unemployment is the primary culprit. Prime fixed-rate loans, those held by homeowners with the best credit, accounted for nearly ...
  1 week ago

• The Golden Years

  
  The Daily Reckoning — Authority: 597
  The Dow fell slightly on Friday. Oil ended the week at $77. The dollar went nowhere. But gold rose to a new high – $1,146. Whatever else may be going on, there’s a real bull market in gold. It’s a bull market that began ten years ago. If you’d bought stocks then, you’d have about what you have now…less ...
  1 week ago

• Swindlers’ Waltz to the Sounds of a Crash

  
  Livinglies's Weblog — Authority: 134
  Government officials, perhaps influenced by spending too much time with bankers, forgot that if you want to govern effectively you have retain the trust of the people. And by treating the financial industry — which got us into this mess in the first place — with kid gloves, they have squandered that trust. ...
  1 week ago

• Short sale transaction a tall order

  
  Deadline Newsroom — Authority: 122
  Jesus image hitches pick-up rideWhile recent cash incentives for you and your lender make short sales more enticing these days, incentives alone wont get the job done.by Broderick Perkins © 2009 DeadlineNews.ComUnauthorized use of this story is a copyright violation -- a federal crimeDeadline Newsroom - A short sale ...
  1 week ago

• New Record! 9.64% Of All Mortgages Delinquent! [Recession Watch]

  
  Consumerist — Authority: 797
  The Mortgage Bankers Association has announced that 9.64% of all mortgages are now delinquent, and this delinquency rate breaks the record set last quarter. The records are based on MBA data dating back to 1972. The delinquency rate does NOT include loans that somewhere in the process of foreclosure. If you ...
  1 week ago

• 1 in 10: U.S. Mortgage Delinquencies Reach a Record High — Going UP?

  
  Livinglies's Weblog — Authority: 134
  AVAILABLE ON KINDLE/AMAZON Editor’s Note: While the media, Wall Street and government sources try to placate us, there are inescapable truths right now and inescapable consequences right around the corner. Other than people who own their home outright or who are relatively close to that point, nearly every ...
  1 week ago

• Tips and Advice For Stated Income Home Mortgage Loans

  
  Mortgage-Blog — Authority: 449
  With the recent mortgage meltdown there have been some significant changes that have occurred in the lending industry. Before 2007 you used to be able to walk into a bank and get a loan approved with a bad credit rating and no down payment. Many of these lending practices have changed over the course of the last ...
  1 week ago

• Land Use Prof Blog: Palmer and Maher on the Mortgage Meltdown as …

  
  Mortgage online — Authority: 161
  We argue that the mortgage meltdown can be considered a “normal accident”. Our analysis suggests that the mortgage industrys complex and tightly coupled technology made it vulnerable to failure, irrespective of the level of greed and ...
  1 week ago

• Financial Crisis Inquiry Kicks into High Gear

  
  Newsvine - Pamela Drew's Column - Articles and Seeds — Authority: 125
  In a recent Nation cover story, William Greider decried the lack of attention being paid by the media to the Financial Crisis Inquiry Commission (FCIC) charged with investigating the causes of the financial meltdown.
  1 week ago

• How Millions of American Will Lose Their Homes

  
  nikkypals.com — Authority: 170
  The Sub Prime mortgage crisis has hit and the effects are still unknown. The Option ARM crisis has not hit yet. The Option ARM is not a Sub Prime loan!! People with good credit scores and low income have this too. Reckless home purchases and refinances with no long-term goal. **Please note – 61 was assumed to be ...
  1 week ago

• Audit Faults New York Fed in A.I.G. Bailout

  
  Livinglies's Weblog — Authority: 134
  Editor’s Note: In this article you have the nub of the problem for the investors, for the foreclosers, for the pretender lenders. What did the taxpayer actually pay for and what did they get for it? And if the money all went to pay off credit default swaps at 100 cents on the dollar then are those obligations to be ...
  2 weeks ago

• Important News - Nov. 15

  
  InvestmentWatch — Authority: 156
  Zero rates means there is something very, very wrong. Japan has been in a zero rate crisis for over 2 decades during which time it has watched its stock market collapse in price by 80% and real estate fall by around the same amount. Low interest rates provide no solution whatsoever, and they are evidence of a ...
  2 weeks ago

• “The Prosperity Gospel”: Pastors Took Bribes From Mortgage Originators — $350 per subprime mortgage

  
  Livinglies's Weblog — Authority: 134
  And probably people “of the cloth” from all denominations. We are a nation of faith. Jesus angrily drove the money lenders out of the temple. How can we stand by and allow the borrowers to be driven out of their homes? The fact is most of these victims were hunted down like a foxhunt, with strangers knocking ...
  2 weeks ago

• Warning: Fed May Cause Next Crisis, Hong Kong’s Tsang Suggests

  
  InvestmentWatch — Authority: 156
  http://www.bloomberg.com/apps/news?pid=20601080&sid=a9xbDq__Y7v4 Nov. 13 (Bloomberg) — The Federal Reserve’s policy of keeping interest rates near zero is fueling a wave of speculative capital that may cause the next global crisis, Hong Kong’s leader said. “I’m scared and leaders should look out,” ...
  2 weeks ago

• 30-year mortgage interest rates down 1.25 percentage points from 2009

  
  Deadline Newsroom — Authority: 122
  Speeding up credit card reformOn a $300,000 mortgage, the principle and interest payment, at todays average rate, would be about $1,594, compared to $1,825 a year ago, according to Erates calculators.by Broderick Perkins © 2008 DeadlineNews.ComUnauthorized use of this story is a copyright violation -- a federal ...
  2 weeks ago

• Cash cushion shrivels - U.S. housing agency

  
  Money employment & careers - money-employment.marc8.com — Authority: 151
  The mortgage meltdown has ravaged the finances of a crucial government agency tasked with propping up the housing industry.
  2 weeks ago

• Many reasons why Florida homebuyers Choose FHA mortgage loans

  
  All Home Loan Info — Authority: 131
  Many reasons why Florida homebuyers Choose FHA mortgage loans. Florida home buyers should know the many advantages of the FHA mortgage loan programs. FHA loans were created to help increase home ownership. For the Florida home buyer the FHA program can simplify the purchase of a home, making financing easier ...
  3 weeks ago

• Goldman takes on new role: taking people’s homes

  
  Livinglies's Weblog — Authority: 134
  By Greg Gordon, McClatchy Newspapers Greg Gordon, Mcclatchy Newspapers Mon Nov 2, 6:00 am ET SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. The couple ...
  3 weeks ago

• States Commence the Inevitable “Tobacco” Litigation Against Banks — Arizona Leading

  
  Livinglies's Weblog — Authority: 134
  Sometime back in the early Spring and Summer of this year, I had a series of meetings with Arizona officials from the legislative and executive branch right up to the top, an Alabama Class Action firm of some repute, and telephone conversations with the U.S. Attorney, and several other class action attorneys ...
  4 weeks ago

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