Prime mortgages, not subprimes, had largest delinquenc increases in late 2008

Author:  //  Category: Mortgage

… Homeowners with prime mortgages were delinquent at the end of 2008 … federal report. The jump was larger than subprime loans, according to the Office of the …

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Prime mortgages, not subprimes, had largest delinquenc increases in late 2008

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LEHMAN HAS TONS OF NUKE ‘WA$TE’

Author:  //  Category: Mortgage

… — it was learned yesterday. And it’s at least as radioactive as the toxic subprime mortgages that brought down the storied Wall Street icon. And not only does Lehman have …

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LEHMAN HAS TONS OF NUKE ‘WA$TE’

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Letters — Published April 15, 2009

Author:  //  Category: Mortgage

… deregulation and no oversight of banks and financial institutions. Banks wrote and gambled on subprime mortgages with many times what these banks held in capital, then bundled mortgages and sold …

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Letters — Published April 15, 2009

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Bernanke Sees Signs of Economic Recovery

Author:  //  Category: Mortgage

… large part by a rapid expansion of mortgage lending. Unfortunately, much of this lending was … in early 2007 when problems surfaced with subprime mortgages–mortgages offered to less-creditworthy borrowers–and house prices …

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Bernanke Sees Signs of Economic Recovery

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Federal Reserve Chairman Bernanke sees some economic improvement

Author:  //  Category: Mortgage

… large part by a rapid expansion of mortgage lending. Unfortunately, much of this lending was … in early 2007 when problems surfaced with subprime mortgages — mortgages offered to less-creditworthy borrowers …

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Federal Reserve Chairman Bernanke sees some economic improvement

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Golden fetters

Author:  //  Category: Mortgage

… take note, and be worried. Lloyd Blankfein, Goldmans CEO, says the bank escaped the subprime mortgage storm with less damage than its competitors. When the wholesale funding markets on which …

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Golden fetters

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Let’s Keep Big Banks from Ruining America Forever

Author:  //  Category: Mortgage

… to do so. The “real facts” are that this crisis was triggered not by subprime mortgages, commercial paper, financial derivatives, collapsing stock or bond markets, but by a fraudulent monetary …

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Let’s Keep Big Banks from Ruining America Forever

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UBS says lost 2 bln francs, to cut 8,700 jobs

Author:  //  Category: Mortgage

… icon UBS has been struggling to recover after losing billions on the United States subprime mortgage homeloan crisis and the ensuing financial and …

UBS says lost 2 bln francs, to cut 8,700 jobs

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Troubling result

Author:  //  Category: Mortgage

… Clinton and Bush) has bled taxpayers out of a trillion dollars by pushing disastrous subprime mortgage rules that The New York Times warned were doomed during the Clinton Administration. Do …

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Troubling result

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UBS to cut 8,700 jobs after $A2.4b loss

Author:  //  Category: Mortgage

… icon UBS has been struggling to recover after losing billions on the United States subprime mortgage home loan crisis and the ensuing financial and economic turmoil. …

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UBS to cut 8,700 jobs after $A2.4b loss

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