Defaults

Foreclosures Rising In Housing Market's Top Tiers

Wall Street Journal | NICK TIMIRAOS | Posted 10.11.2009 | Business


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...

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

Huffington Post | Julie Satow | Posted 04.10.2009 | Business


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...

New Mortgage Crisis Looms, Number Of Defaults Expected To Double

AP | MATT APUZZO | Posted 12.29.2008 | Business


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 ...

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

Graciela Chichilnisky | Posted 12.18.2008 | Business


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.