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Mortgage Defaults

FHA Bailout: Federal Housing Agency Has Lowest Amount Of Cash On Record

bloomberg.com | Dawn Kopecki | Posted 11.13.2009 | Business

Read More: Federal Housing Administration, Foreclosures, Bailout, Fha, Mortgage Crisis, Mortgage Defaults, David H. Stevens, FHA Baulout, Housing and Urban Development, Shaun Donovan, Business News

Nov. 12 (Bloomberg) -- The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history and the government said mo...

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Mortgage Delinquencies: SEE Which Counties Have Been Hit the Hardest (MAP)

Posted 10.09.2009 | Business

Read More: Auto Loans, Consumer Credit, Mortgage Defaults, Student Loans, Housing Crisis, Home Foreclosures, New York Federal Reserve Bank, Business News

Where is the mortgage crisis wracking the most damage? These handy maps, courtesy of the New York Fed, track changes in mortgage delinquency rates by ...

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Banks Don't Differentiate Between Successful Business and Suffering Industries

Grant Cardone | Posted 10.17.2009 | Business

Read More: Sell to Survive, Sba, Banks, Banks Stockpile, Bad Loans, Mortgage Defaults, Banks and Lending, Grant Cardone, Small Business Administration, Government and Banks, Business News
Grant Cardone

Small businesses that depend on borrowed money to grow are unable access credit because banks are unable to see the difference between profitable companies and damaged industries.

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New Wave Of Federally-Backed Mortgages Go Bad Without A Single Payment

Washington Post | Dina ElBoghdady and Dan Keating | Posted 04.07.2009 | Business

Read More: FHA Loans, Economy, Federal Housing Administration, Fha Mortgage Defaults, Housing Crisis, Mortgage Defaults, Mortgage Crisis, Business News

This decade's housing boom rendered the agency irrelevant. Americans raced to aggressive lenders, seduced by easy credit and loans with no upfront cos...

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Geithner: Where Was the Beef?

Jeff Madrick | Posted 03.13.2009 | Business

Read More: Toxic Assets, Timoth Geithner, Mortgage Defaults, Bank Bailout, Public-Private Partnerships, Business News
Jeff Madrick

Fine principles aside, what's the actual plan in real life? Geithner is short on the details and that was disturbing. Is there still infighting among advisers on how to proceed?

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Obama Needs a Mortgage Default Plan Fast

Jeff Madrick | Posted 02.21.2009 | Politics

Read More: Barack Obama 2008, Bank Losses, Larry Summers, Mortgage Defaults, Economic Policy, Mortgage Backed Obligations, Politics News
Jeff Madrick

As of today, we hear the Obama team is talking about a plan to stabilize the market by buying or insuring bad assets. No plan can be perfect, but we need some plan quickly.

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

Graciela Chichilnisky | Posted 12.18.2008 | Business

Read More: Mortgages, Freddie Mac, Defaults, Bailout, Mortgage Crisis, Financial Crisis, Fannie Mae, Credit Default Swaps, Fannie Mae Freddie Mac Bailout, Mortgage Defaults, Alan Greenspan, Business News
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.

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