Subprime

At Top Subprime Mortgage Lender, Policies Were An Invitation To Fraud

Huffington Post Investigative Fund | David Heath | Posted 12.21.2009 | Business

Read More: Long Beach Mortgage, Diane Kosch, Mortgages, Subprime Crisis, Washington Mutual, Real Estate Bubble, Wamu, Subprime, Housing Crisis, Business News

First of two articles about the roots of the subprime lending bubble. Diane Kosch had one of the most thankless jobs in the subprime lending craze....

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October Home Sales Up 10.1 Percent From September

AP | ALAN ZIBEL | Posted 11.23.2009 | Business

Read More: Thomson Reuters, National Association of Realtors, October Home Sales, Home Sales, Home Prices, Subprime, Real Estate, Mortgage Crisis, Median Home Sales Price, Business News

WASHINGTON — Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushe...

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Goldman Sachs Seizing Homes Subprime Mortgages Bought

McClatchy | Greg Gordon | Posted 11.02.2009 | Business

Read More: Mtglq, Cases, Hank Paulson, Lawsuits, Middle Class, Suits, Goldman Sachs Subsidiaries, Housing Crisis, Working Class, Goldman Sachs, Judge Roger Efremsky, Lenders, Home Prices, Foreclosure, Subprime, Repossession, Roger Efremsky, Ge, Mortgage Brokers, Mortgage Crisis, Homeowners, Securities Exchange Commission, WMC Mortgage Corp, Judge William Aslup, Wall Street, GE Money, Wiliam Aslup, Henry Paulson, Banks, Sec, Subsidiaries, Business News

Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packa...

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Before Subprime There Was ACORN

Jerry Chautin | Posted 11.22.2009 | Politics

Association of Community Organizations for Reform Now, known as ACORN, is in the news again and conservative politicians are going for the jugular vein.

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As U.S. Government Props Up Housing, Taxpayers Are On The Hook For Billions

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.23.2009 | Business

Read More: Mortgages, Housing Boom, Fha, Freddie Mack, Fannie Mae, Subprime, Home Loans, Business News

In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the...

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Subprime Resurfaces As Housing-Market Woe

Wall Street Journal | Posted 08.08.2009 | Business

Read More: Obama Housing Crisis, Housing Market, Subprime Housing, Subprime Loans, Housing Crisis, Subprime, Business News

The U.S. housing market is facing new downward pressure as holders of subprime-mortgage bonds flood the market with foreclosed homes at prices that ar...

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Trust Is the Answer: Yunus and the Future of Everything

Vivian Norris de Montaigu | Posted 05.30.2009 | Business

Read More: Microloans, Women, Nobel Peace Prize, Yunus Movie Project, Microcredit, Grameen, Yunus, Trust, Yunus Film, Economy, Loans, Banking, Financial Crisis, Subprime, Business News

If you give up on trusting your fellow human beings, then the Bastards win. They make you mistrustful like they are.

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Arthur Levitt Should Just Shut Up About AIG

Francine McKenna | Posted 04.24.2009 | Business

Read More: Pricewaterhousecoopers, Aig, Arthur Levitt, Carlyle Group, Bloomberg, Auditor, Executive Compenation, Sarbanes-Oxley Act, Sec, Iss, Subprime, Securities and Exchange Commission, New York Attorney General, Pwc, Rolling Stone, Taibbi, Business News

The esteemed Arthur Levitt Jr. was the longest tenured SEC Chairman (1993-2001). And now he's used as an expert on AIG and incentive compensation...That's for sure!

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Republicans' 4% Mortgage "Stimulus" Is Latest Ponzi Scheme

Ronald B. Robinson | Posted 03.08.2009 | Politics

Read More: Fha, Depression, Melvin Oliver, Sec, Mitch McConnell, Housing, New Deal, Social Security, Black Wealth White Wealth, Stimulus, Black, Republican First Principles, Mortgage Crisis, Redlining, Eugencis, Wealth, Predatory Lending, African American, Loans, Ponzi Scheme, Construction, Subprime, Bernie Madoff, Rush Limbaugh, Obama, Media, Politics, Bailout, Economy, Race, White House, Financial Crisis, Bignews, Paulson, Foreclosure Crisis, Credit Score, Great Depression, Credit Rating Agencies, Freddie Mac, 4% Morgage, Fanie Mae, Politics News

Does the Republican ploy to provide 4% home mortgages to boost the economy sound too good to be true? It is. Buyer Beware!

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Words That Worked in 2008 (and Some That Didn't): A Report Card

Michael Maslansky | Posted 02.05.2009 | Politics

Read More: Lists, Experience, Political Language, Words, Propoganda, Volt, Maverick, Political Persuasion, Buzzwords, Change, Drill, Surge, Bailout, Public Relations, 2008 Campaign, Subprime, Communications, Year in Review, Politics News

The following is our admittedly subjective ranking of the top ten words of 2008 and how well people used them.

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You Heart Corruption

Allison Kilkenny | Posted 01.21.2009 | Politics

Read More: Mortgages, Subprime, Free Market, Capitalism, Wall Street, Bernie Madoff, Recession, Economy, Politics News

Everyone needs to stop acting like they're surprised by the recession. It's not cute, and it's painfully insincere.

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Hank Paulson Should Call John Doerr

Adam Hanft | Posted 10.25.2008 | Business

Read More: Government, Mortgages, Paulson, Bailout, Equity Positions, Equity, Economy, Cdos, Bernanke, Credit Default Swaps, Kleiner Perkins Caufield & Byers, Subprime, Free Market, Liquidity Crisis, Google, Doerr, Business News

More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.

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Conflicted Out - Fannie and Freddie Should Serve Just One Master

Sheila Tendy | Posted 09.16.2008 | Business

Read More: Fannie Mae, Subprime Mortgage Market, Freddie Mac, Subprime, Subprime Mortgages, Subprime Loans, Subprime Mortgage Crisis, Business News

Why are Fannie Mae and Freddie Mac, both government-sponsored and backed by taxpayer dollars, still publicly traded?

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Survive Recession

Grant Cardone | Posted 09.06.2008 | Business

Read More: Finance, Debt Solutions, Banks, Economy, Subprime, Debt, Budget Deficit, Obama, Mccain, Cardone, Recession, Msnbc, USA Today, Paulson, The Fed, Debt Problems, Selling the Secret to Success, Finance Solutions, Business News

No matter how much cash the business or individual has, sooner or later you have to get your products and services funded by others through selling or you will burn through your cash

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The Great Depression Goes Viral

Scott Thill | Posted 07.09.2008 | Business

Read More: Great Depression, Subprime, Housing, Hedge Funds, Recession, Economy, Business News

The more people unplug from the Kool-Aid machine, the faster we can get past disaster capitalism and onto the next stage in our economic evolution, which is alternative energy -- I say economic evolution, but it might as well be our salvation.

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DOJ Missed Two Mortgage Crisis Culprits: Phil and Wendy Gramm

Paul Peete | Posted 07.02.2008 | Home

Read More: Arrests, Doj, Phil Gramm, Wendy Gramm, Mccain, Foreclosure, Bear Steanrs, Subprime, Home News

There are two central conservative movement players who are culpable in the Real Estate foreclosure; two more arrests to be made.

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Wall Street's Crisis Hits Main Street

New York Times | Peter S. Goodman | Posted 03.29.2008 | Business

Read More: U.S. Economy, Credit Crisis, Wall Street, Home Prices, Subprime, Economic Slowdown, Recession, Recession Watch, FInancial Markets, Business News

In Seattle, sales at a long-established hardware store, Pacific Supply, are suddenly dipping. In Oklahoma City, couples planning their weddings are de...

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Econ 101: Credit Crunch For Dummies

ABC News | SCOTT MAYEROWITZ | Posted 03.29.2008 | Business

Read More: Liquidity, U.S. Economy, Stock Market, Collaterized Debt Obligations, Subprime, Recession, Real Estate, Credit Crunch, Economy, Business News

Is your head spinning these days trying follow what is going on with the economy? Subprime. Collateralized Debt Obligations. Liquidity. Every day it...

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HSBC's American Subprime Loan Write-Offs Hit $51 Million A Day

Times Online | Patrick Hosking | Posted 03.28.2008 | Business

Read More: Subprime Crisis, Hsbc, Subprime Loans, Subprime Mortgages, Subprime, Business News

HSBC has stepped up the rate at which it writes off loans to poor Americans to an unprecedented $51 million (£25.7 million) a day as the British bank...

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Bargain Hunters May Toss A Lifeline To Housing Market

Reuters | Lynn Adler | Posted 03.28.2008 | Business

Read More: Home Buyers, Housing Market, Housing Crisis, Subprime Mortgages, Subprime, Bargain Hunters, Economy, Business News

The distressed housing market should get a lift this spring as bargain prices lure prospective buyers out of hibernation, but tighter lending means no...

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Wall Street Faces Fury Over Subprimes

AP | MARK JEWELL | Posted 03.28.2008 | Business

Read More: Subprime, Subprime Mortgage Crisis, Subprime Mortgages, Wall Street, Regulators, Wall Street Regulators, Regulators Subprime Wall Street, Business News

BOSTON — Regulators are trying to punish Wall Street for mortgage finance practices that expanded home ownership and spread risk among a host of...

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"Subprime" Is Word Of The Year

AP | Sophia Tareen | Posted 03.28.2008 | Business

Read More: Subprime, Word of the Year, Waterboarding, Green, Googleganger, Facebook, Home Mortgages, Business News

Even the American Dialect Society knows how risky home mortgages are these days. The group of wordsmiths chose "subprime" as 2007's Word of the Year a...

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Subprime

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