Second loans are traps for unwary

Author:  //  Category: Mortgage

… against a home on top of a mortgage carries major risks, writes Nic Cicutti. TIMES … some of the main culprits are so-called sub-prime lenders, who specialise in offering loans to …

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Second loans are traps for unwary

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[News] Hope Now to Rescue as Foreclosures Increase

Author:  //  Category: Mortgage

Foreclosure prevention coalition, Hope Now on Friday announced it had helped 183,000 at-risk borrowers stay in their homes during the month of April.

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[News] Hope Now to Rescue as Foreclosures Increase

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The Great Oil Price Swindle- Market Manipulation or Fraud?

Author:  //  Category: Mortgage

… their way out of the trillion dollar mortgage-backed securities (MBS) mess that they created by … unrealistic levels and offset bank losses in sub-prime and other disasters at the expense of …

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The Great Oil Price Swindle- Market Manipulation or Fraud?

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Hand back your bonus Sir Fred and see if the City boys follow

Author:  //  Category: Mortgage

… US, was badly caught out when the sub-prime dance stopped last summer. Admittedly, at the … borrowers in the US to repay their mortgages, genuinely deserved to be AAA-rated, meaning as …

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Hand back your bonus Sir Fred and see if the City boys follow

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City of Condos: From boom to gloom?

Author:  //  Category: Mortgage

… States. “To keep the party going, the mortgage industry, the credit industry, backed by the … the bar to ownership,” he says. The subprime industry was born and home buyers with …

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City of Condos: From boom to gloom?

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Condo City: From boom to gloom?

Author:  //  Category: Mortgage

… States. “To keep the party going, the mortgage industry, the credit industry, backed by the … the bar to ownership,” he says. The subprime industry was born and home buyers with …

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Condo City: From boom to gloom?

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Algerian OPEC president blames weak US dollar, other factors for oil prices

Author:  //  Category: Mortgage

… the weak U.S. dollar, speculation and the sub-prime crisis for the spiraling price of oil. … dollar, market speculation and the U.S. sub-prime mortgage market turmoil. Khelil was speaking with reporters …

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Algerian OPEC president blames weak US dollar, other factors for oil prices

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A prolonged recession? No.

Author:  //  Category: Mortgage

… stage for the housing bubble. The Fed ‘s latest efforts to deal with the subprime mortgage crisis and avoid another recession — by slashing interest rates, pouring liquidity into the …

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A prolonged recession? No.

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Patrick requests subprime-loan review

Author:  //  Category: Mortgage

… of Banks to begin evaluating all state-licensed mortgage lenders based on the speed and number … risk of losing their homes,” Patrick said. Sub-prime loans written often with little to no …

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Patrick requests subprime-loan review

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First the Slowdown, Then the Crash

Author:  //  Category: Mortgage

… easy credit and tax deduction on home mortgage interest allowing middle-income families the illusion they … cost of food is going up. The subprime crisis has pitchforked thousands of Americans into …

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First the Slowdown, Then the Crash

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