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Mortgage Meltdown

Senate Probes Goldman, Deutsche Bank For Mortgage Meltdown Fraud

Wall Street Journal | By JOHN D. MCKINNON | Posted 08.29.2009 | Business

Read More: Deutsche Bank Mortgage, Senate Probe Banks, Goldman Sachs Fraud, Deutsche Bank Fraud, Senate Investigation, Goldman Sachs Mortgage, Senate Probe Meltdown, Mortgage Meltdown, Mortgage Market Meltdown, Business News

WASHINGTON -- A Senate panel has subpoenaed financial institutions, including Goldman Sachs Group Inc. and Deutsche Bank AG, seeking evidence of fraud...

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Edmund Andrews, New York Times Economics Reporter, Trapped In Spiraling Debt

Huffington Post | Marcus Baram and Arthur Delaney | Posted 06.13.2009 | Business

Read More: Edmund Andrews Greenspan, NYT Reporter Foreclosure, Busted, Edmund Andrews, Mortgage Meltdown, New York Times Reporter Foreclosure, Reporter Faces Foreclosure, Business News

In 2004, Edmund Andrews dove into the world of subprime mortgages and bought a home he couldn't afford. Two years later, he wound up with $50,000 in c...

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Enough!

Judith Ellis | Posted 02.21.2009 | Business

Read More: Mortgage Meltdown, Ethics, Enough!, John C. Bogle, Business News
Judith Ellis

Considering the beginning of the New Year and the new administration, there could not be a greater cry, that of simply, "Enough!" But what exactly have we had enough of?

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2007 -- The Year that Time Forgot

Matt Stewart | Posted 01.31.2009 | Living

Read More: Corruption, Paris Hilton, President, Beijing, War, 9/11, Recession, 2007, Iraq, Obama, Terrorist, Billy Joel, Invasion, Prostitution, Hookers, Aig, Year That Time Forgot, 2008, John Kerry, Elliot Spitzer, 2008 Summer Games, Russia, Katrina, On the Ground 2008, September 11th, Prostitute, Financial Crisis, Mortgage Meltdown, Afghanistan, 2008 Election, Batman, Barack Obama, World Cup, Olympics, United States President, Indiana Jones, Lehman Brothers, Rod Blagojevich, Georgia, Iphone, Bros, Living News
Matt Stewart

It's only natural that after our most recent 12-month carnival, 2007 would seem relatively blah. Every now and then, history lays an egg. What happened in 1957? 1910? 1887-1897?

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Krugman: Mortgage Rates Are Still Too High

New York Times | Paul Krugman | Posted 01.27.2009 | Business

Read More: Mortgage Rates, Mortgages, Mortgage Meltdown, Mortgages Prices, Subprime Mortgage Crisis, Business News

Mortgage rates have dropped a lot in recent weeks, which is a good thing. But there's still a huge spread between mortgage rates and rates on federal ...

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New Mortgage Crisis Looms, Number Of Defaults Expected To Double

AP | MATT APUZZO | Posted 12.29.2008 | Business

Read More: Defaults, Mortgages, Mortgage Crisis, Mortgage Meltdown, Mortgage Payments, Foreclosures, Business News

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 ...

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How to Keep Americans in Their Homes

Diane Francis | Posted 11.11.2008 | Business

Read More: Foreclosures, Housing Prices, Housing Market, Housing, Economy, Mccain, Obama, Business, Housing Slump, Housing Crisis, Home Foreclosures, Politics, Subprime Mortgages, Subprime Mortgage Crisis, Washington, Banking Crisis, Banks, Mortgage Meltdown, Foreclosure, Subprime Loans, Business News
Diane Francis

Washington should undertake a massive, temporary buyout of residential real estate in order to save its economy from years of turmoil and credit crisis.

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Iceland Is Melting!

Eric Lurio | Posted 11.08.2008 | Home

Read More: Federal Reserve, Election, Mortgage Meltdown, Subprime Mortgage Meltdown, Meltdown, Iceland, Home News
Eric Lurio

The two largest banks failed and trading of the six largest financial institutions was halted on the Reykjavik stock exchange. People have been bitching that McCain and Obama don't know what to do. But neither does anyone else.

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When In Doubt, Yell "Fannie Mae"

David M. Abromowitz | Posted 10.20.2008 | Business

Read More: Deregulation, Financial Crisis, Fannie Mae, Mortgage Meltdown, Senate Republicans, Housing Crisis, Business News
David M. Abromowitz

Why do Republicans point to Fannie and Freddie when asked about the current housing crisis? Only to change the subject and point away from the inevitable outcome of pervasive underregulation.

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Memo to Republicans: CRA Has Nothing To Do With the Current Problems

Hale "Bonddad" Stewart | Posted 10.19.2008 | Politics

Read More: Mortgage Crisis, Financial Crisis, Mortgage Meltdown, Market Crash, Cra, Socialists, Politics News
Hale

The CRA isn't even an issue. But that won't stop the the likes of Rush and his progeny from saying it over and over again until all sorts of people believe it.

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U.S. Subprime Crisis Costs World $7.7 Trillion Dollars

AFP | Posted 03.28.2008 | Business

Read More: Mortgage Meltdown, Wall Street, Credit Crunch, Long Term Capital Management, Stock Market, Brazilian Real Currency Crisis, Real-Estate Market, Business News

The meltdown in the US subprime real-estate market has led to a global loss of 7.7 trillion dollars in stock-market value since October, a report by B...

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Mortgage Crisis Drags Down Entire Economy

Los Angeles Times | Posted 03.28.2008 | Business

Read More: Subprime Mortgage Market, Mortgage Meltdown, Homeowners, Subprime Mortgages, Subprime Mortgage Crisis, Business News

The mortgage meltdown is taking a rising toll on the broader economy, increasing pressure on the Federal Reserve to slash interest rates for a third t...

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