Mortgage Lenders

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In A Canyon, In A Cavern

Lita Smith-Mines | Posted 11.20.2009 | Business

Read More: Unemployment Numbers, Attorneys, Mortgages, Small Business, Mortgage Lenders, Unemployment, New York Real Estate, Economy, Housing-Bubble, Real Estate, Recession, Housing Crisis, Business News

I wanted to enjoy my fleeting feelings of karmic payback, knowing how many toxic loans were closed in these cavernous offices. Instead, I pondered: how many jobs in our altered real estate landscape were lost and gone forever?

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And They Call It Ponzi Love

Lita Smith-Mines | Posted 11.05.2009 | Business

Read More: Attorneys, Real Estate Market, Real Estate Crisis, Subprime Mortgage Market, Mortgages, Mortgage Lenders, Bank Lending, Subprime Mortgages, Mortgage Crisis, Ponzi Scheme, Banks, Real Estate Bubble, Real Estate, Economy, Business News

If buyers can't buy, the real estate market stays in a sinkhole. Can't the assholes in Washington understand that they really, really need us to save the market?

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Making Mediation Mandatory Before Families Lose Their Homes

Pedro Nava | Posted 10.22.2009 | Politics

Read More: Foreclosures, Mortgage Lenders, AB 1588, Home-Ownership, Loan Modification, Loan Mediation, Subprime Lenders, Loan Servicers, Banks, Assemblymember Pedro Nava, California, Pedro Nava, Financial Institutions, Nava, Politics News

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?

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Despite Housing Slump, Mortgage Lenders Making Record Profits From Fees

HuffingtonPost.com | Shahien Nasiripour | Posted 10.08.2009 | Business

Read More: Mortgage Brokers, Mortgage Lenders, Mortgage Crisis, Lending Crisis, Mortgages, Mortgage Bankers Association, Consumers Union, Bailout Bandits, Bailout, Guy Cecala, Inside Mortgage Finance, Financial Crisis, Banks, Consumers, Business News

Never ones to let an opportunity go unexploited, mortgage lenders are taking advantage of a market fueled by low interest rates and massive government...

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Transforming Homeowner Violence Into A Mortgage War Plan

Iris Martin | Posted 06.15.2009 | Business

Read More: House, Securitization, Mortgages, Depression, Mortgage Lenders, Author, Transformation, Adjustable-Rate Mortgages, Mortgage Crisis, Foreclosure, Homeowners, Psychology, Iris Martin, Mortgage Wars, Mortgage Payments, Housing Crisis, Business News

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.

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Obama's Plan Will Fatally Cripple Taxpayers and the Nation

Iris Martin | Posted 04.30.2009 | Business

Read More: Fraud, Mortgage Lenders, Homeowners, Foreclosure, Illegal Foreclosures, Illegal Evictions, Financial Crisis, Business News

There has been a conspiracy to defraud homeowners and investors alike in a parallel scheme of falsely inflating loan amounts, real estate values and credit ratings.

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A New Closing Dynamic

Jim Randel | Posted 02.19.2009 | Business

Read More: Investing, Real Estate, Money, Finance, Economy, Mortgage Lenders, Houses, Apartments, Buying Real Estate, Business, Public Financing, Buying, Lending Crisis, Buying a House, Selling, Banks, Buying Property, Business News

It seems to me that if the seller and buyer are in agreement on all terms, then the mechanics of the closing should never delay the manifestation of the parties' desire and intent, i.e. money for deed.

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McCain Decries Fannie And Freddie Lobbyists, Ignoring Ones He Hired

Mother Jones | Posted 10.11.2008 | Politics

Read More: Freddie Mac, Rick Davis, Fannie and Freddie, McCain Lobbyists, Mortgage Lenders, Rick Davis Fannie Mae, Mccain Fannie Mae, Mccain Campaign Lobbyists, Fannie Mae, Politics News

John McCain railed against Fannie Mae and Freddie Mac on the campaign trail today, saying that the CEOs that led the lenders to ruin "deserve nothing"...

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Stricter Mortgage Rules Proposed

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business

Read More: Mortgage Crisis, Credit Crisis, Henry Paulson, Mortgage Lenders, Subprime Mortgages, Stock Market Crash, Treasury Secretary, Business News

WASHINGTON — Economic policymakers on Thursday recommended stricter regulation of mortgage lenders as part of a broad effort to prevent a repeat...

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Mortgage Companies Cut (Some) Online Spending

Silicon Alley Insider | Michael Learmonth | Posted 03.28.2008 | Business

Read More: Mortgage Lenders, LendingTree.Com, Financial Firms, HSBC Holdings, LowRateSource, Business News

Four big mortgage lenders cut their online ad spending from December to January, according to Nielsen Online. Four financial firms were among the top ...

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Mortgage Lender Lays Off 2,403 Employees

AP | Alex Veiga | Posted 03.28.2008 | Business

Read More: Layoffs, Buyout Packages, Mortgage Lenders, Job Cuts, Severance, Mortgage Lender, Subprime Mortgage Crisis, Business News

Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it t...

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Bank of America To Buy Countrywide For $4B In Stock

AP | IEVA M. AUGSTUMS | Posted 03.28.2008 | Business

Read More: Bank of America, Mortgage Lenders, Bank of America Countrywide, Countrywide Sale, Countrywide Financial, Subprime Mortgages, Subprime Mortgage Crisis, Business News

Bank of America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest m...

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