subprime loans

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Latest blogosphere posts tagged “subprime loans”

  • FHA to Tighten Lending Standards as Defaults Rise


    The Washington Independent BlogAuthority Authority: 155
    On the heels of our report detailing short-sale flipping and other kinds of mortgage fraud that are on the rise, the Federal Housing Administration plans to announce it will tighten lending standards to try to stem rising defaults. The Washington Post reports Housing and Urban Development Secretary Shaun Donovan ...
    1 day ago
  • A Surge in Demands on the Government for Jobs


    War On You: Breaking Alternative NewsAuthority Authority: 568
    by Ann Robertson and Bill Leumer Thanks to the government bailout, bankers and brokers are now self-righteously pocketing their record bonuses, reassured by Goldman Sachs CEO Lloyd Blankfein that they are doing “ God’s work ” (The New York Times, November 17, 2009). There is no humility in these quarters. Yet ...
    2 days ago
  • Obama’s Failure On Foreclosures


    Understanding GovernmentAuthority Authority: 437
    On some early Obama administration issues — labor market recovery, Afghanistan, health care reform — it seems folly to render an even temporary verdict on whether the White House has done a good job. That’s not the case with the epidemic in home foreclosures — thus far it’s been a clear failure. The New ...
    3 days ago
  • Are We Serious About Regulating Banking?


    Wall Street PitAuthority Authority: 639
    When the sub-prime crisis hit in 2007, we were all bombarded with stories about how this showed the effects of deregulation run amok.  Never mind that the housing and banking industries are heavily regulated, the crisis showed we had the wrong kind of regulation.  Or perhaps it showed that the Bush...
    5 days ago
  • More Prime Loans Going Into Foreclosure


    Refinance Home MortgagesAuthority Authority: 429
    Our current economic downturn began with subprime loans. They were going into foreclosure at higher rates than expected, causing a sell-off that flowed through the entire housing market in the U.S. (...)
    1 week ago
  • The Art and Economics of Cheek Turning


    Everyday CitizenAuthority Authority: 485
    It was Thomas Paine who observed, "He who dares not offend cannot be honest." Anyone who offers an opinion in print should understand. The risk of honest error is also daunting. Tis said that doctors bury their mistakes. When lawyers fail, their clients are locked up. When writers screw up, the errors can be ...
    1 week ago
  • Bad Credit Loans Personal Loan Approved Today Auto Loans,Home Loans Dept Consolidation and More, visit us now and Apply Online Fast Easy And Safe


    The Foreclosure NewsAuthority Authority: 148
    Bad Credit Loans Personal Loan Approved Today Auto Loans,Home Loans Dept Consolidation and More, visit us now and Apply Online Fast Easy And Safe Find information on bad credit loans and debt consolidation. Articles on personal finance, easy online loan applications, and credit repair services… … personal loans ...
    1 week ago
  • Even the good die young? High-quality mortgages approaching foreclosure


    BloggingStocksAuthority Authority: 667
    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
  • Several American Home Servicer Ratings Upgraded


    Mortgage-BlogAuthority Authority: 450
    American Home Mortgage Servicing Inc.’s primary servicer rating for prime mortgages and Alt-A loans was upgraded, Fitch Ratings announced. Fitch also upgraded the servicer’s primary servicer rating for subprime loans. In addition American Home’s primary specialty servicer rating for closed-end seconds was ...
    2 weeks ago
  • Christianity and the Crash


    Everyday CitizenAuthority Authority: 485
    Theres a very interesting article in the Atlantic Monthly , entitled Did Christianity Cause the Crash , by Hanna Rosin. The article asks a very important question: in what way may the prosperity gospel been complicit in encouraging the type of financial irresponsibility which led to last years economic crisis? "The ...
    2 weeks ago
  • “The Prosperity Gospel”: Pastors Took Bribes From Mortgage Originators — $350 per subprime mortgage


    Livinglies's WeblogAuthority Authority: 430
    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
  • Be Prepared for the Worst (Ron Paul)


    InvestmentWatchAuthority Authority: 157
    The large-scale government intervention in the economy is going to end badly. Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. ...
    4 weeks ago
  • Documentary: American Casino


    Newsvine - MinnieApolis's Column - Articles and SeedsAuthority Authority: 125
    Anyone who already understands the current economic disaster will find little new in "American Casino." But for the rest of us, this "Frontline"-esque documentary is at turns eye-opening (a former mortgage broker smilingly admits that he, and everyone he worked with, regularly al …
    4 weeks ago
  • Pre-Foreclosure Notice for Subprime Loans


    The Foreclosure NewsAuthority Authority: 148
    The North Carolina legislature has enacted new legislation to help homeowners with subprime loans avoid foreclosure.   If a homeowner with a subprime loan defaults on his loan, the lender is now required to send to the homeowner a Pre-Foreclosure Notice at least 45 days prior to filing the Notice of Foreclosure ...
    5 weeks ago
  • Pre-Foreclosure Notice for Sub-Prime Loans


    The Foreclosure NewsAuthority Authority: 148
    The North Carolina legislature has enacted new legislation to help homeowners with subprime loans avoid foreclosure.   If a homeowner with a subprime loan defaults on his loan, the lender is now required to send to the homeowner a Pre-Foreclosure Notice at least 45 days prior to filing the Notice of Foreclosure ...
    5 weeks ago
  • Galleon Wiretaps Rattle Hedge Funds as Insider Trading Targeted


    Count Us OutAuthority Authority: 152
    by Katherine Burton and Richard GlovinOct. 26 (Bloomberg) – First came the biggest bear market since the 1930s, then Bernard Madoff’s $65 billion Ponzi scheme and the threat of increased regulation. Now hedge funds have a new concern: getting caught on tape as the government expands its use of wiretaps to ferret ...
    5 weeks ago
  • The Looting of a Free Market–Chapter 5–Walking the Plank to a Dhimmi Nation


    Mary Christina LoveAuthority Authority: 110
    5 The Looting of a Free Market   “When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object ...
    5 weeks ago
  • The real news, though, is foreclosure activity, as measured by initial foreclosure notices staring the process, is exploding.


    InvestmentWatchAuthority Authority: 157
    It might even set a new record before the year is done. Buried and given little attention in most of the stories on the report was a telling fact. Foreclosure petitions were up more than 5 percent from August and nearly 12 percent from September, 2008. The total number for September was 2,527. If that number were ...
    5 weeks ago

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