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Mortgage Industry

Are We Seeing a Perfect Storm Building for Small Real Estate Investors?

Dean Graziosi | Posted 02.01.2014 | Business
Dean Graziosi

In moving around the Web and reading my news feeds, there is mounting evidence that a perfect storm may be building for individuals and small partnership firms investing in rental property.

Wells Fargo Is Dominating The Mortgage Industry

Reuters | Posted 07.03.2012 | Business

* Wells Fargo made 33.9 pct of US mortgages in 1st quarter * U.S. Bancorp jumps to third from fifth * Ba...

Agency: Fannie Allowed Rampant Robo-Sigining

AP | DEREK KRAVITZ | Posted 11.23.2011 | Business

WASHINGTON — Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the r...

SEC Asked BofA For Details About Its Rainy Day Reserves

Posted 06.05.2011 | Business

The Securities and Exchange Commission (SEC) sought information from Bank of America Corp (BAC.N) last year about the loan-loss reserves used to rep...

Buying A New Home Makes Less Sense After Foreclosure Crisis

AP | DEREK KRAVITZ | Posted 05.25.2011 | Business

WASHINGTON — A new home, the dream of many would-be buyers, makes less and less financial sense in many places. A wave of foreclosures has driven...

Adjust Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 05.25.2011 | Business

WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for ...

From One Disaster To Another

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

The problem is everybody is writing down debt and these writedowns are what is leading to events like the Lehman collapse. There is no reason to think we are anywhere near done with these problems.

Paulson: Market Failure A Distinct Possibility

AP | Martin Crutsinger | Posted 05.25.2011 | Business

The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson sai...