prime mortgages

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Latest blogosphere posts tagged “prime mortgages”

  • CHART OF THE DAY: Supbrime Delinquencies Continue To Soar


    StupidicaAuthority Authority: 176
    The latest data out of the Officer of the Comptroller of the Currency is not promising. Seriously delinquent mortgages increased in every category in Q3. Regular prime mortgages havent exploded higher, but good old fashioned subprime and alt-A continue to blast to new heights. Original Article: Forum: News/Activism
    12 hours ago
  • The Parable of the Unmerciful Bankers


    God's Politics BlogAuthority Authority: 663
    This week, I joined a press conference with People Improving Communities through Organizing and the Center for Responsible Lending on the steps of the United States Treasury. The first three speakers were not the usual Washington talking heads. Instead, they were American…
    4 days ago
  • Hey B of A, Can You Spare A Dime?


    American Conservative DailyAuthority Authority: 461
    As an involuntary current owner of residential real estate that I am trying to sell, I know only to well how shaky the market is, as well as how reluctant the banks are to lend the money that they have in their coffers. We all know about the bottom basement level of mortgage rates, as well as all of the so-called ...
    5 days ago
  • Have Mortgage Delinquencies Peaked?


    Sense on CentsAuthority Authority: 433
    This past May, I designated mortgage delinquencies as “The Most Critical Economic Statistic.” I wrote then and continue to believe now: Which economic statistic is the most important? Unemployment? Housing starts? Trade deficit? Inflation? Retail sales? Well, they are all important . . . but as I review the ...
    1 week ago
  • Bad Credit Mortgages Are A Rip-Off


    Amateur Asset AllocatorAuthority Authority: 493
    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 ...
    4 weeks ago

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