Making Mediation Mandatory Before Families Lose Their Homes
Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?
Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?
Jerry Chautin | Posted 09.21.2009 | Business
Many of us know of people who have lost their homes through foreclosure. To a lesser extent we hear about struggling commercial properties vying for a limited pool of tenants.
Jerry Chautin | Posted 09.17.2009 | Business
These banks are not able to resume normal lending operations because they are not willing to dispose of their toxic assets at the current market values.
Mitchell Bard | Posted 07.18.2009 | Politics
Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.
HuffingtonPost.com | Sam Stein | Posted 07.04.2009 | Politics
The former chair of the Federal Reserve, Alan Greenspan, argued on Thursday that the government has lost credibility on economic matters and is largel...
Joe Keefe | Posted 01.16.2009 | Business
The immediate financial crisis obviously requires that the first order of business is to get credit flowing again and stimulate spending.
Daniel J. H. Greenwood | Posted 11.27.2008 | Business
We have taught the leaders of our most important institutions that they are in business for themselves. That they are free to do whatever will makes them richest, without regard for the public.
ABC News | Gigi Stone | Posted 04.08.2008 | Business
On top of the financial pressure from rising gas prices, Americans are also feeling the pinch at the breakfast table. A simple trip to the supermarke...
Financial Times | Chris Giles, James Politi | Posted 04.03.2008 | Business
Central banks' efforts to ease strains in the money markets are failing to stop financial institutions from hoarding cash, stoking fears that the rece...
Wall Street Journal | GREG IP, JAMES R. HAGERTY and JONATHAN KARP | Posted 03.28.2008 | Business
As the falling housing market shakes financial institutions and pummels Americans in an election year, the nation's economic woes have surged to the t...
Pedro Nava | Posted 10.22.2009 | Politics