Sustainability| More...
 

Mortgage Debt

Recession Hits Outer Boroughs

Crain's New York Business | Hilary Potkewitz | Posted 07.13.2009 | Local

Read More: Credit Cards, Queens, Brooklyn, New York City, New York Recession, Credit Card Debt, Bronx, Mortgage Debt, New York, Recession, Mortgage Crisis, Local News

For more than a year, economists have been saying that the recession hit New York City late in the game, but recent data from TransUnion shows that po...

Read Whole Story

By the Numbers

Max Fraad Wolff | Posted 05.15.2009 | Business

Read More: Fdic, Debt, Foreign Debt, Treasury, Tarp, House Financial Services Subcommittee on Consumer Credit, Social Choice, Mortgage Debt, Federal Reserve, Business News
Max Fraad Wolff

We don't have limitless time or money. Consider the numbers. Remember that averages hide our inequalities. Inequality and imbalance are the true root causes of the US and global meltdown.

Read Post

Mortgage Debt Snowballing While Congress Debates Home Rescue Bill

New York Times | VIKAS BAJAJ | Posted 07.06.2008 | Business

Read More: High Home Debt, Home Mortgages, Home Debt, Home Debt Getting Worse, Mortgage Debt, Housing Crisis, Business News

When Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the pro...

Read Whole Story

Insurer AIG Posts $5.3B Loss in 4Q

AP | DAN SEYMOUR | Posted 03.28.2008 | Business

Read More: U.S. Economy, Credit Crisis, Aig, Mortgage Debt, American International Group, AIG Loss, AIG Losses, Business News

NEW YORK — American International Group Inc., the largest insurer in the U.S., lost more than $5 billion in the fourth quarter as bad credit ate...

Read Whole Story