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Mortgage Loans For People With Bad Credit Newsmortgage loans for people with bad creditThe same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them ... Read moreThe Next Subprime Crisis Looms - Der SpiegelThe good news is your home may be worth more than the rock-bottom price that your neighbors' houses fetched. The bad news: No one but you might think so. The one point of widespread agreement in the real-estate industry is that there is no single ... Read moreOnly One Person Knows a Home's Value: Its Buyer - Wall Street JournalNov. 15 (Bloomberg) -- Chinese banks face rising bad loans and narrowing profit margins as the central bank cuts interest rates to boost expansion in the world's fourth-largest economy, the banking regulator said. Lenders may suffer further losses on ... Read moreChinese Banks Face Rising Bad Loans, Narrower Margins (Update1) - Bloomberg"There are certainly some markets where we're starting to see more interested buyers," says Bank of America's Barbara Desoer. (Fortune Magazine) -- Talk about being where the action is: Ground zero for today's financial crisis is the business of home ... Read moreSigns of life from the mortgage frontlines - CNN MoneyThe worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting opposition by the Bush ... Read moreRetail sales sink as Dems seek auto industry loans - ForbesIn late 2005, Mandy, a 55-year-old postal worker from the NSW Central Coast, heard an advertisement on her radio for a company called Professional Funding Group. The ad, offering credit to people having trouble making ends meet, was of great interest ... Read moreLoans reach new depths - AgeTreasury Secretary Henry Paulson announced that he has shelved the original plan to buy troubled mortgage assets via the recently approved $700 Billion Troubled Asset Relief Program ( TARP ). Instead he will use the remaining funds to assist non-bank ... Read moreBanks and Consumers Are the Problem, Not Bad Assets - Seekingalpha.comShould we really be surprised at the latest word on TARP–the acknowledgment by Treasury Secretary Paulson that scooping up these “troubled assets” hasn’t been going so well?: Treasury Secretary Henry Paulson said Wednesday that the government ... Read moreThe Trouble With Troubled Assets - Seekingalpha.comI don't think a tax break is going to help, in fact I think it will do more harm than good. The large gov't debt starts to act like an … read more anchor on our economy. My thinking is to start cutting back on spending (get of Iraq for starters ... Read moreRetail sales have worst monthly drop on record as Democrats seek loans ... - Minneapolis Star TribuneThey’re baaaa-aaack . The same people who engineered a global financial meltdown with bad loans covered by government backing have begun exploiting the Federal Housing Administration in the same manner as Fannie Mae and Freddie Mac. Lenders who ... Read more |
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