bad credit home loan mortgage services subprime
Gingrich, Fannie and Freddie - Washington Post (blog)
The AtlanticGingrich, Fannie and FreddieWashington Post (blog)Therefore, on numerous occasions in meetings with Freddie Mac, Speaker Gingrich advised that a business model that involved lending money to people with bad credit and no money down was unsustainable and a bubble, and that it was dangerous to buy .Conn Carroll: Facts show Fannie, Freddie led mortgage market to the collapseWashington ExaminerFannie Mae Seeks Another $7.8 Billion in Federal AidThe New Americanall 613 news articles »
The Virgin Crisis: Systematically Ignoring Fraud as a Systemic Risk - Global Economic Intersection
Global Economic IntersectionThe Virgin Crisis: Systematically Ignoring Fraud as a Systemic RiskGlobal Economic IntersectionCredit Suisse's early 2007 study of nonprime lending reported that roughly half of all loans called “subprime” were also “liar's” loans and that roughly one-third of home loans made in 2006 were liar's loans. That fact has four critical implications .
Subprime Auto Loans Look an Awful Lot Like Bubble-Era Subprime Mortgages - Minyanville.com
Subprime Auto Loans Look an Awful Lot Like Bubble-Era Subprime MortgagesMinyanville.comSome analysts worry that the rush to securitization could lead to careless lending by dealers eager to sell more loans. Except for a couple words in the first paragraph, the above could pretty easily be talking about the subprime mortgage crisis (you .and more »
The Terrifying, No Good, Very Bad News for the Banking Sector - Motley Fool
The Terrifying, No Good, Very Bad News for the Banking SectorMotley FoolFirst, a heavy slug of undocumented income, or Alt-A, loans are scheduled to have their mortgage rates reset in 2011. There were considerably more Alt-A loans underwritten than subprime loans three years ago, so even with banks better capitalized than .and more »
No Consumer Protection In Mortgage Industry - NuWire Investor
No Consumer Protection In Mortgage IndustryNuWire InvestorBut it can't oversee nonbank providers such as mortgage brokers and servicers, payday lenders and debt collectors. The federal suit last week alleged Houston-based Allied cost the FHA at least $834 million in insurance claims on defaulted home loans. .and more »
