Defaults

Meredith Whitney Doubles Down on Wrong

Charles Gasparino | Posted 08.08.2011

Read More: Munis, Meredith Whitney, Municipal Bonds, Municipal Debt, Defaults, Municipal Bond Default, Recession, Business News
Charles Gasparino

Meredith Whitney is quickly becoming known more for what she's gotten wrong than for what she's gotten right. Her latest claims about municipal bond defaults will only extend this trend.

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It's Official: The US Housing Downturn Has Resumed in Earnest

Reggie Middleton | Posted 05.25.2011

Read More: Foreclosures, Earnings, Fraud, Mortgages, Fasb, Defaults, Politicians, Mark to Market, Banks, Business News
Reggie Middleton

The year 2009 was the year of reflation theories and bubble blowing. Theses of "Green Shoots", catching the bottom, and QE reigning supreme...

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FHA Defaults Foreshadow A Crush Of Foreclosures

Washington Post | Posted 05.25.2011

Read More: Federal Housing Administration, Fha, FHA Foreclosure, Defaults, Foreclosure, FHA Defaults, Housing, Housing Market, Business News

The share of borrowers who are falling seriously behind on loans backed by the Federal Housing Administration jumped by more than a third in the past ...

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FHA: Wealthy Buyers Qualifying For Guaranteed Mortgages, Despite Depleting Reserves

nytimes.com | DAVID STREITFELD | Posted 05.25.2011

Read More: Mortgage Crisis, Federal Housing Administration, Mortgage Bankers Association, Home Buyers, Defaults, First-Time-Home-Buyer-Tax-Credit, Housing Crisis, Home Buyer Credit, Business News

The Internal Revenue Service is giving tax rebates to first-time buyers, and soon to move-up buyers, in a program beset by accusations of fraud. And t...

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Foreclosures Growing In Housing Market's Top Tiers

Wall Street Journal | NICK TIMIRAOS | Posted 05.25.2011

Read More: Mortgage, Foreclosure Rates, Defaults, Recession, Real Estate, Housing Crisis, Housing Data, Foreclosure, Housing Statistics, Home Values, Mortgate Defaults, Housing Report, Subprime Mortgages, Zillow, Economy, Prime, Business News

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years a...

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Moody's "Bottom Rung" List Of 283 Companies At Risk Of Default

Huffington Post | Julie Satow | Posted 05.25.2011

Read More: Moody's Bottom Rung, Moody's List, Debt, Moody's the Bottom Rung, Bottom Rung Moody's, Defaults, Moody's Bottom Rung List, The Bottom Rung, Moody Bottom Rung, Bottom Rung, The Bottom Rung Moody's, Moody's Investor Services, Bottom Rung List, Moody's, Moody's Default List, The Bottom Rung List, Moody's Bottom Rung Companies, Moody List, Video, Business News

On Tuesday, Moody's Investors Service published a new list called the Bottom Rung, which details which companies the ratings agency says are most like...

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New Mortgage Crisis Looms, Number Of Defaults Expected To Double

AP | MATT APUZZO | Posted 05.25.2011

Read More: Defaults, Mortgages, Mortgage Crisis, Mortgage Meltdown, Mortgage Payments, Foreclosures, Business News

WASHINGTON — Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic ...

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It's the Mortgages: How to Restore the Health and Stability of the Economy

Graciela Chichilnisky | Posted 05.25.2011

Read More: Mortgages, Freddie Mac, Defaults, Bailout, Mortgage Crisis, Financial Crisis, Fannie Mae, Credit Default Swaps, Fannie Mae Freddie Mac Bailout, Mortgage Defaults, Alan Greenspan, Business News
Graciela Chichilnisky

The true root cause of the financial crisis starts with the continued defaults on mortgages that magnify and snowball throughout the entire financial system.

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