Search results for subprime
Posted by
JoeTaxpayer
328 days ago, popular 328 days ago
(http://www.joetaxpayer.com)
Category: Economy |
he official government report on the financial meltdown is out. If it's too long to read, I'll give you a summary: "A lot of guys made a big mista[...]
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Posted by
nbk75dq
1077 days ago, popular 1077 days ago
(http://simple-trading-system.blogspot.com)
Category: Business |
So far, throwing billions of dollars at major banks like Citigroup does not seem to be working. This is because mortgages are continuing to default. [...]
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Posted by
darincarter
1035 days ago, popular 1035 days ago
(http://blogs.moneycentral.msn.com)
Category: Personal Finance |
To get out of trouble they decide to give loans to people with a credit score below 620, should drum up some business, but isn't that what put them [...]
read more » Category: Personal Finance |
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Posted by
JoeTaxpayer
810 days ago, popular 810 days ago
(http://www.joetaxpayer.com)
Category: Personal Finance |
A review of Dr Thomas Sowell's "The Housing Boom and Bust"
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Posted by
ultrageek
1176 days ago, popular 1176 days ago
(http://www.businessweek.com)
Category: Real Estate |
Think we've seen the worst of the subprime mortgages mess? Apparently not, and it's an encore performance by the same lovely people who put us in t[...]
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The Federal Reserve took on more than $74 billion in subprime mortgages, depreciating commercial leases and other assets after Bear Stearns Cos. and [...]
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Now I have heard it all. It is the fault of poor people that we are in an economic crisis.
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Many books will be written about the subprime fiasco, but I doubt any will match the verisimilitude of Busted, Edmund L. Andrews' account of his own[...]
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A large Wall Street firm used front companies to generate impossible-to-repay loans which it then packaged into CDOs and sold off.
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The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to hemorrhage from mortgage losses and pl[...]
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In the course of my study, I quickly came to the realization that the hypothetical, grossly irresponsible group that got us in this mess looks eerily[...]
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Great story on whether subprime exists and if so, how it has changed after the housing crisis.
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Posted by
Greener-Pastures
1185 days ago
(http://greenerpastures.responsiblepersonalfinance.com)
Category: Economy |
Fannie Mae and Freddie Mac have a new bail out program, but it by no means will empty the bilge…
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Many consumers have no option but to face this fate, as high unemployment and diminished home equity have left them with little in the way of liquid [...]
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As an American, this makes me sick reading the story. The incredibly irresponsible actions on the part of our banks, politicians and regulators. I ho[...]
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