[News] Could 2009 Give Us an Economic Recovery?

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In the closing days of 2008, a year fraught with economic turmoil, there are enormous efforts to make 2009 a year of recovery. Is there reason for hope?

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[News] Could 2009 Give Us an Economic Recovery?

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Mortgage discrepancies

Author:  //  Category: Mortgage

… Troubled mortgage companies routinely placed Hispanics, Blacks, and borrowers … first liens in 206. Higher-priced loans are subprime and Alt-A loans whose annual percentage rates …

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Mortgage discrepancies

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Best and worst used cars of the year

Author:  //  Category: Mortgage

… the year Auto leasing may be going the way of the dodo and toxic subprime mortgages, but it was doing incredible business two and three years ago the very …

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Best and worst used cars of the year

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2008 sees 6 years of market gains slip away

Author:  //  Category: Mortgage

… 10 percent. Almost no industry was spared as the crisis that emerged in the subprime mortgage market metastasized and the economy sank into what could be a long, gray recession. …

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2008 sees 6 years of market gains slip away

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Readers sound off on economy

Author:  //  Category: Mortgage

… clarity and brevity. Liar applications: As a mortgage broker, I know that too many loans … — W.S., Martinez Greed and ignorance: The subprime crisis is not hard to figure out. …

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Readers sound off on economy

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Federal Reserve Fed moves ahead with mortgage securities purchase

Author:  //  Category: Mortgage

… Fed moves ahead with mortgage securities purchase The US Federal Reserve has … credit crunch. That was caused by 2007′s subprime mortgage meltdown which led to the collapse …

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Federal Reserve Fed moves ahead with mortgage securities purchase

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Aussie shares suffer worst year ever

Author:  //  Category: Mortgage

… months originated. What started as a problem in the little known area of US sub-prime mortgages and investment products related to the high-risk loans, caused a rapid rise in credit …

Aussie shares suffer worst year ever

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In 2008, 6 Years of Market Gains Are Lost

Author:  //  Category: Mortgage

… 11 percent. Almost no industry was spared as the crisis that emerged in the subprime mortgage market metastasized and the economy sank into what could be a long, gray recession. …

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In 2008, 6 Years of Market Gains Are Lost

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30-year mortgage rate falls for the ninth week

Author:  //  Category: Mortgage

… 30-year mortgage rate falls for the ninth week By … may have initially bought their homes via sub-prime loans. Jay noted that in 2005, according …

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30-year mortgage rate falls for the ninth week

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ANALYSIS: Top 10 news stories in 2008

Author:  //  Category: Mortgage

… that, by the fall, turned into a full-blown economic crisis. A collapse of the sub-prime mortgage market, driven by a fall in housing prices, led to a credit collapse that …

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ANALYSIS: Top 10 news stories in 2008

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