Sub Prime Mortgages

Third World America: Is Living a Normal Life a Political Statement?

Don McNay | Posted 05.25.2011

Read More: Divorce, Lobbyists, Addictions, Glen Kleine, Kentucky Educational Television, Beatles, Addicts, Ket, Joan Kleine, Alcohol, Hollywood Train Wrecks, Living, Lottery Winners, McNay Settlement Group, Poverty, Richmond Kentucky, Maxed Out, Retirement, Books, Money Can't Buy Me Love, Self Actualization, Clu, Dave Ramsey, Louisville, Paul Overstreet, Million Dollar Round Table, Positive Role Models, Arianna Huffington, Abraham Maslow, NBA Basketball Players, Census Bureau, Wall Street Bonuses, Nicotine, Main Street, Drugs, Structured Settlement Consultant, donmcnay.com, Normal Life, Stress, Marriage, Unemployment, Big Money, Kentucky Authors Series, Substance Abuse, American College, All You Need Is Love, Msfs, Annuities, Howard Fineman, Chfc, Third World America, Pensions, Maslow Hierarchy of Needs, Sub Prime Mortgages, Don McNay, Obesity, The Daily Show, Economic Stability, Structured Settlements, Credit Cards, Wall Street, Jon Stewart, Vanderbilt University, Economic Chaos, Underemployment, Eastern Kentucky University, Personal Finance, Certified Structured Settlement Consultant, Slidepollajax, Move Your Money, Impact News
Don McNay

America is going through economic chaos. But a lot of other things are going on, too. There aren't enough of us living normal, stable lives.

Read Post

When a Bank Is too Big to Hide

Sanford D. Horwitt | Posted 05.25.2011

Read More: Deutsche Bank, Aig, U.S. Bank, Wells Fargo Bank, Michael S. Barr, TARP Money, Association of Ethical Shareholders Germany, Common Ground, Community Organizing, Sub-Prime Mortgages, Business News
Sanford D. Horwitt

It may be needlessly costly for a big bank to hide from determined, aggrieved adversaries who hold the moral high ground.

Read Post

The Parable of the Unmerciful Bankers

Jim Wallis | Posted 05.25.2011

Read More: White House, President, Stories, Goldman Sachs, Family, Washington, Economy, Employment, Mortgage Broker, Main Street, Taxpayers, Economic, America, Mortgages, Economic Recovery, Sunday School, Fixed Rate Loan, Bailout, Values, Bonus, Stock, American Homeowners, Morality, Foreclosure, Fear, Leaders, Moral Compass, Financial Mortgage, United States Treasury, Bank of America, Economic Crisis, Money, Tradition, PNC Bank, United States, Sub Prime Mortgages, Compensation, Families, Adjustable Rate Loan, Recession, Wall Street, Jon Stewart, Mercy, Gospel, 30 Year Fixed Rate, Christian, Financial Institutions, Parable, Business News
Jim Wallis

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.

Read Post

The $20 Billion Gamble: The Greatest Coup in Financial History

Blake Fleetwood | Posted 05.25.2011

Read More: Sub-Prime, Goldman Sachs, Greg Zuckerman, Lehman Brothers, Bear Stearns, Hedge Fund, Lehman Brothers Bankruptcy, Sub-Prime Mortgage Crisis, Sub-Prime Mortgages, John Paulson, The Greatest Trade Ever, Citigroup, Real Estate Boom, Wall Street Journal, Business News
Blake Fleetwood

Paulson made his bets in late 2006 just as the sub-prime mortgage markets were starting to weaken. His timing was impeccable, as was his luck.

Read Post

U.S. Mortgage Fraud Remains at Epidemic Levels

Pat Choate | Posted 05.25.2011

Read More: Sars, Banning, Sec, Accountability, Sub-Prime Mortgages, Fbi, Mortgage Fraud, Business News
Pat Choate

Nothing can better send a message to the world that the United States is serious about restoring the integrity of its money industry than by banning from it the prominent people who deceived the nation and the world.

Read Post

Playing the Hand that Life Deals You

Don McNay | Posted 11.17.2011

Read More: Children, Main Street and Wall Street, Handicapped Children, Chartered Financial Consultant, Bailouts, Poker, Trial Magazine, Northern Kentucky, Gambling, Goldman Sachs, Car Financing, Bailout, Richmond Ky, Trial Lawyers, McNay Settlement Group, Brian Injured Babies, Tennessee Trial Lawyers, Grandparents, Joe McNay, Fox Business News, Clu, Goldman Sachs Bonuses, Son of a Son of a Gambler, Million Dollar Round Table, Chartered LIfe Underwriter, Wall Street Bonuses, Washington, Positive Attitude, Main Street, Obama, Drugs, Special Needs Children, Cincinnati, Teen Pregnancy, Financial Crisis, Substance Abuse, American College, Personal Finance, Blackjack, Kentucky Trial Lawyers, Professional Gambler, Structured Settlement, Msfs, Twitter, Chfc, Kentucky, Don McNay, Sub Prime Mortgages, Parenting, Facebook, Structured Settlements, Federal Bailouts, Credit Cards, American Association for Justice, Wall Street Crisis, Wall Street, Vanderbilt University, Financial Consultant, Natalie Merchant, Casino, Brain Injury, Eastern Kentucky University, Certified Structured Settlement Consultant, Newport Ky, Cbnc, Healthy Living News
Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

Read Post

Returning to the Scene of the Crime

Andrew Reinbach | Posted 05.25.2011

Read More: Securitization, Bond Market, Wall Street, Investment Bankers, Financial System, Larry Summers, Financial Crisis, Ben Bernanke, Timothy Geithner, Mortgage-Backed Securities, Systemic Risk, Sub-Prime Mortgages, Financial Regulation, Business News
Andrew Reinbach

We can expect a new wave of mortgage-backed bond defaults to hit the headlines any day now.

Read Post

Getting Rich and the Marshmallow

Don McNay | Posted 05.25.2011

Read More: College Students, Predicting Wealth, Thomas Stanley, Stanford Department of Psychology, Defined Benefit Plans, Discipline, Marshmallow, Main Street, Waylon Jennings, Payday-Loans, Positive Psychology, Fox Business Network, Millionaire Next Door, Stress, Billy Joe Shaver, Small Business Owners, Nursery School, Positive Thinking, New Yorker, Billy-Joe-Shaver, Instant Gratification, Dna, Defined Benefit, 401k, Cincinnati, Stanford University, Lexington KY, Richmond, Fox Business CNBC, Personal Finance, Payday Lending, Msfs, The New Yorker, Dr. Thomas Stanley, Chfc, Cnbc, Millionaires, Pensions, Kentucky, Payday Loans, Don McNay, Ky, Walter Mischel, Credit Cards, Sub-Prime Mortgages, Bing Nursery School, Delayed Gratification, Clu, Structured Settlements, College Student Credit Cards, Adult ADD, Wall Street, Heredity, Sat, Million Dollar Round Table, Genetics, Certified Structured Settlement Consultant, Cssc, Chartered LIfe Underwriter, Tax-Anticipation-Loans, Defined-Contribution-Plans, Business News
Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.

Read Post

A Fat Guy's Prediction: We Need Leadership or We Will Fall Off the Economic Wagon

Don McNay | Posted 05.25.2011

Read More: College Students, Spending Habits, Debt, Magic Johnson, Wall Street Bailout, Dieting Tips, Addiction, Weight Loss Tips, Diet, Bailout, Dieting, Cincinnati, McDonald's, Weight Loss, Blood Money, Lexington KY, College Students and Credit Cards, Personal Finance, Payday Lending, Lottery, Lottery Winner, Economic Crisis, Saving Habits, Long Term Economy, Kentucky, Don McNay, Restricted-Calorie-Diet, Credit Card Debt, Credit Cards, Saving Money, Bob Dylan, Sub-Prime Mortgages, Recession, Structured Settlements, Louisville, Credit, Yo Yo Dieting, Tax Refunds, Memphis Blues Again, Tax-Anticipation-Loans, Business News
Don McNay

Unless someone is capable of changing the American psyche, people are going to go back to their old spending habits.

Read Post

No Hoax: Pass Employee Free Choice Act to Revive Economy

Leo W. Gerard | Posted 05.25.2011

Read More: Efca, Bailout Money, Ceos, Ceo, Employee Free Choice Act, Wall Street Speculators, Abraham Lincoln, Panics, Nlra, Anti-Union Lobbyists, Great Depression, National Labor Relations Act, Sub-Prime Mortgages, All-Clad, Politics News
Leo W. Gerard

Workers must vanquish the new hoax being perpetrated by conservatives, greedy CEOs and other labor union-haters. Workers must win the freedom that they had in 1935 to choose how to form their unions.

Read Post

12 Percent Are Behind On Mortgage Or In Foreclosure

AP | J.W. ELPHINSTONE | Posted 05.25.2011

Read More: Mortgage Woes, Mortgages, Sub-Prime Mortgages, Business News

NEW YORK — Foreclosures are spreading by epidemic proportions, expanding beyond a handful of problem states and now affecting almost 1 in every ...

Read Whole Story