subprime mortgages

Welcome to the 'subprime mortgages' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'subprime mortgages'.

Latest blogosphere posts tagged “subprime mortgages”

• Fannie Mae Offers Homeowners Facing Foreclosure An “Opportunity” To Rent Not Own?

  
  Reed's Bankruptcy Blog — Authority: 140
  According to an article in the Star-Telegram, Fannie Mae is offering homeowners facing foreclosure the option of leasing their home instead of going through the foreclosure process.The article said:“The government-controlled company, through its new “Deed for Lease” program, will allow borrowers to transfer ...
  4 days ago

• US Mortgage Crisis to Return!

  
  Veritas Vos Liberabit — Authority: 437
  I WAS IN NEW YORK earlier this week for the Value Investing Congress, reports Chris Mayer of Capital & Crisis . Among the more valuable presentations were those of Sean Dobson at Amherst Securities and Whitney Tilson and Glenn Tongue of T2 Partners. They were valuable because they helped frame where we are in ...
  4 days ago

• Important News - Nov. 05

  
  InvestmentWatch — Authority: 449
  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’ ...
  5 days ago

• The Parable of the Trading Sardine

  
  The Melting Pot Project — Authority: 434
  Buddy Christ approves this message. Sudden Debt recently posted this little story, and I would be remiss to not share a lesson taught by guys named "Zebediah" and "Yorick." Enjoy: Andy convinces Billy to buy a can of sardines at...
  5 days ago

• Tim Geither and Friends: Cashing In

  
  Addiction in the 21st Century — Authority: 121
  Geithner’s crimes through AIG : will the truth come out?Max Keiser, Stacy Herbert and Webster Tarpley talk about AIG being used by Tim Geither to line in the pockets of Goldman Sachs and othershttp://maxkeiser1.blogspot.com/2009/11/aig-credit-default-swap-geithner.htmlrecorded on October 31th 2009.Read The Bloomberg ...
  1 week ago

• Goldmans new role: repossessing foreclosed homes

  
  WalletPop Blog — Authority: 719
  Filed under: Banks , Credit , Real Estate , Investing , Bankruptcy , Mortgages Goldman Sachs spent years buying hundreds of thousands of subprime mortgages during the real estate boom, packaging them into high-yield bonds. Now that the bottom has fallen out of the property market, the Wall Street behemoth ...
  1 week ago

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

  
  Progressive News Daily — Authority: 158
  By Greg Gordon McClatchy Newspapers 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 wound up in a desperate, six-year fight to keep their ...
  1 week ago

• Amid the housing crisis, Goldman Sachs gives, takes away

  
  Home Buying and Home Selling Tips — Authority: 146
  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 wound up in a desperate, six-year fight to keep their modest, 1,500-square-foot San Jose home, a struggle that pushed ...
  1 week ago

• CIT Group Inc: Bankruptcy After Bailout

  
  The Mortgage Insider — Authority: 128
  Copyright © 2009 The Mortgage Insider. Visit the original article at http://themortgageinsider.net/banks/cit-group-bankruptcy-after-bailout.html.CIT Group Inc. (NYSE: CIT) won bank holding company status in December of 2008 so they could qualify for TARP money today announced their bankruptcy filing. CIT’s demise ...
  1 week ago

• Nine banks went out of business on Friday

  
  Lucrative Investing — Authority: 143
  Friday market the largest amount of United States government take overs in one single day since the beginning of the financial crisis and the almost complete collapse of the financial sector of the United States. The nine banks (which brings the total to 115 for the number of failed banks in 2009) that were taken ...
  1 week ago

• A Response To The Critics Of Foreclosure Victims

  
  Reed's Bankruptcy Blog — Authority: 140
  As the foreclosure crisis worsens, many homeowners facing foreclosure are finding themselves the target of sensationalists, whiners and finger-pointers. The foreclosure crisis, some say, is the result of irresponsible, greedy homeowners who have taken on more than they could handle and now they’re experiencing the ...
  1 week ago

• NCLC Reports: Mortgage Servicers Profit From Foreclosure

  
  Reed's Bankruptcy Blog — Authority: 140
  According to an article in Reuters, the National Consumer Law Center (NCLC) just released a report finding that mortgage servicers have favored foreclosure over loan modification because it’s cheaper and even more profitable to the servicer.The article said:“Loan modifications inevitably cost the servicer ...
  1 week ago

• HOORAY? Sub-prime mortgages “back to pre-crisis levels”

  
  Collateral Damage — Authority: 114
  The Fed says sub-prime mortgages again make up more than 20% of the nation’s outstanding mortgages. After plummeting in early 2008, the share of borrowers with FICO credit scores lower than 660 has returned to just higher than 20 percent, the same share as when subprime securitization peaked in 2006. Once upon ...
  2 weeks ago

• Risky Business - Harper Turns Cdn Government into Worlds Biggest Subprime Lender

  
  The Disaffected Lib — Authority: 472
  As the rest of the world was being slammed by the fiscal sledgehammer of securitized subprime mortgages, the subpar economist who calls himself prime minister was throwing the Canadian government headlong down that same well. Writing in this weekss Tyee , Murray Dobbin reveals how Harper has transformed your ...
  2 weeks ago

• Is the Next Real Estate Collapse on the Way?

  
  Mortgage Rate News — Authority: 466
  Image by Getty Images via DaylifeThere are concerns that things may not be improving as much as hoped for the housing market. Sure, home prices seem to be stabilizing and the first time home buyer tax credit resulted in the sale of hundreds of thousands of homes. But another real estate collapse may be on [...]
  2 weeks ago

• Back-Door Taxes Hit Americans With Public Financing in the Dark

  
  Survival News Network — Authority: 142
  Salvatore Calvanese, the treasurer of Springfield, Massachusetts, for four years, had a ready defense for why he risked $14 million of taxpayer money on collateralized-debt obligations laden with subprime mortgages in 2007.He didn’t know what he was buying, he says, and trusted the financial professionals who sold ...
  2 weeks ago

• Back-Door Taxes Hit Americans With Public Financing in the Dark

  
  Get Out of Dodge! — Authority: 135
  Salvatore Calvanese, the treasurer of Springfield, Massachusetts, for four years, had a ready defense for why he risked $14 million of taxpayer money on collateralized-debt obligations laden with subprime mortgages in 2007. He didn’t know what he was buying, he says, and trusted the financial professionals who sold ...
  2 weeks ago

• Subprime Mortgage Lenders

  
  Whalehook Loans — Authority: 131
  A common type of finance agency that has been more prevalent these days as more and more lenders are being very cautious who they lend to is the subprime mortgage lenders. Subprime mortgages are mortgages that are offered at a much higher rate of interest than the prime rate that most are seeking for their mortgage ...
  2 weeks ago

• Chairman Towns’ Statement on Committee Investigation into Mortgage Crisis...

  
  Lost in the Ozone... — Authority: 506
  Chairman Edolphus “Ed” Towns (D-NY) today made the following statement on the House Oversight and Government Reform Committee’s investigation into the role of mortgage lenders in the financial services crisis and the economic recession. “ The actions of mortgage lenders contributing to the ...
  2 weeks ago

• Comfortably Dumb

  
  The Melting Pot Project — Authority: 434
  Many moons ago, a giant housing bubble was inflated in the United States. This bubble, as Very Important People have told us, was created because too many Americans "lived beyond their means." They bought houses they couldnt really afford, and...
  2 weeks ago

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