Adjustable Rate Mortgages

Washington Mutual: How The Bank Turned Predatory

Business & Technology | David Heath | Posted 10.26.2009 | Business


(David Heath is now the Senior Investigative Reporter at the Huffington Post Investigative Fund) For decades, Washington Mutual lived up to its ima...

Option ARMs Resets: Mortgages "About To Explode," Says Iowa AG

Reuters | Lisa Lambert | Posted 11.18.2009 | Business


"Payment option ARMs are about to explode," Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama's ad...

Adjustable Rate Mortgages Could Dampen Economic Recovery

nytimes.com | JOHN LELAND | Posted 09.27.2009 | Business


When Harvey Clavon took out an exotic mortgage to refinance his home in Santa Clarita, Calif., three years ago, he thought he knew what he was doing. ...

Adjustable Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 07.19.2009 | 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 ...

Investment Choices Linked To Areas of Brain

newsweek.com | Nikhil Swaminathan | Posted 06.27.2009 | Business


A region of the midbrain called the ventral striatum may be partly to blame for the fact that millions of Americans fell prey to risky financial gambl...

Transforming Homeowner Violence Into A Mortgage War Plan

Iris Martin | Posted 06.15.2009 | Business


Iris Martin

Homeowners suffering from payment shock and foreclosure syndrome are not getting the psychological help they need to survive escalating vicious attacks by their lenders If payment shock and foreclosure syndrome is not treated as the national epidemic that it is, affecting over sixteen million homeowners, homeowner violence will increase, as will homeowner suicide. Toxic lenders and their cohorts, government cronies, co-conspirators and attorneys need to be punished -- in a court of law, not on the front lawn.

Obama, Biden Storm Into Battleground Virginia

Diane Tucker | Posted 10.29.2008 | Home


Diane Tucker

"Last week 300 volunteers knocked on 10,000 doors! Even volunteers from Maryland drove down to help us. It was awesome."

Greed in the Economy: It's the Morality, Sinner

Jim Wallis | Posted 10.19.2008 | Business


Jim Wallis

Our financial collapse is the fiscal consequence of the economic philosophy that markets are always good and government is always bad. But it is also the moral consequence of greed.

Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 03.28.2008 | Business


The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

Clinton Sounds Off On Fixed Mortgages, Ethanol, And Taxes On CNBC

CNBC | Posted 03.28.2008 | Business


Appearing on CNBC's "Mad Money w/Jim Cramer" today, Sen. Hillary Clinton, a Democratic presidential candidate, called for a 90-day moratorium on forec...

Countrywide Offers "Unprecedented Remedies" To Struggling Mortgage Holders

Seeking Alpha | Roy Mehta | Posted 03.28.2008 | Business


Countrywide Financial announced Tuesday it will begin contacting about 82,000 borrowers to offer refinancing or modifications for a total of $16 billi...