Did Racism Help Cause the Mortgage Crisis? The Bubble Bursts

Carter Glass copyright © 2008 Ralph Brauer. The Strange Death of Liberal America In 1997 the FDIC published an imaginary interview with Carter ... up in that position because they could not have qualified for other loans. Yet data from a 2002 Fannie Mae report dispels this notion. It found: Credit quality alone therefore does not fully explain [more...]

Date: 2008-12-23 03:29:43

Blog posts (82) | Videos (103)
 

Obama on ACORN Controversy: "A Distraction... We Don't Need ACORN's Help"

On Tuesday afternoon, Sen. Barack Obama, D-Ill., made a statement about the latest economic developments and took questions from the reporters ... up credit so that small business and individuals around the country can get car loans ... . "I know there has also been some talk about providing guarantees to bank loans, to encourage the credit market [more...]

Date: 2008-10-14 20:56:49

The Benefits of PA2

As many of you Kiva lenders have noticed, Kiva recently upgraded the administration system that Field Partners use to post businesses and report ... onto Kiva and report on the status of each loan. This was a major redesign of the site ... been working closely with the other two Cambodian MFIs, CREDIT and Maxima, to help them [more...]

Date: 2008-12-04 15:14:33

Foreign Central Banks Maintain Steady Agency Debt Selloff Pace

"Our inaction did not hamper credit markets — it helped to destroy them ... " in their total holdings of US obligations. The Reuters report comes from FRBNY’s weekly statistical [more...]

Date: 2008-10-31 07:05:02

Identity Theft Part 1: The Business Owner’s Responsibility

Tracy Johnson for Business ... Commission (FTC) site. Below, I’ve mapped out the basics to help point you in the right direction. The Rules and Regulations There is federal legislation called the Fair Credit Reporting Act (FCRA [more...]

Date: 2008-09-02 17:24:23

Walking Away Relieved When Deals Were Rejected

The Philadelphia Inquirer reports from Pennsylvania. “This is supposed to be a buyer’s market ... We refinanced and took out a home-equity line of credit several years ago to help make ends meet [more...]

Date: 2008-11-21 15:50:35

White House Throws GMAC $6 Billion Rescue Line

Remember when the Bush administration was opposed to tapping the $700 billion Wall Street bailout to help Detroit’s Big Three? Fugetaboutit ... percent fewer loans worldwide than it did a year before, Dow Jones reports.) The $6 billion — ... from a minimum credit bureau score of 700 two months ago down to a score of 621. From a statement from GMAC [more...]

Date: 2008-12-30 16:29:15

Obama Formally Announces Tim Kaine As DNC Chairman

ABC News' David Chalian and Sunlen Miller Report: President-elect Barack Obama made a quick appearance at the Democratic National Committee ... , Howard deserves enormous credit for helping usher in a new era in Washington,” President-elect [more...]

Date: 2009-01-08 22:48:55

Criminal Intent

You know you've made it to the big leagues when DXP invites you to contribute to their great Husker blog site. This is my first post, so no haters ... to report in the football world, but I couldn’t help but bring up a couple of gems that have hit ... Jones said “what the f**k did that guy do?” and proceeded to blow rails of cocaine off a credit card [more...]

Date: 2008-07-10 22:15:48

Criminal Intent

You know you've made it to the big leagues when DXP invites you to contribute to their great Husker blog site. This is my first post, so no haters ... to report in the football world, but I couldn’t help but bring up a couple of gems that have hit ... Jones said “what the f**k did that guy do?” and proceeded to blow rails of cocaine off a credit card [more...]

Date: 2008-07-10 22:56:25

New Life Church, 2 Years After Haggard; 1 Year After Shootings, is Thriving

It's been a rough couple years for New Life Church in Colorado Springs ... , he was given the status report: $25 million in debt on New Life’s massive building; no available cash, and a line of credit was being utilized to help pay the salaries of the church’s 150 staff [more...]

Date: 2008-12-10 14:41:12

Banks Have Few Options In California

The North County Times reports form California. “Working as a real estate agent, insurance dealer, income tax preparer and credit repair specialist, Miguel Romero has helped Latinos buy 122 homes [more...]

Date: 2008-06-15 18:36:34

Telemarketer calling from 909-782-8316 (Fontana, CA)

Homer reported a Telemarketer (9097828316 from Fontana area, CA) . The following comments were posted: Wanted to help me eliminate my credit card debt (which I dont have). Permalink: http://www.numberinvestigator.com/phone/909-782-8316.html [more...]

Date: 2009-09-30 20:58:36

The Administration’s Latest Critic: The Chamber of Commerce

by Jake Bernstein - Aug. 13: This post has been corrected. It's almost rote by this point ... and is designed to help employers confirm the work status of new employees. (Credit: ProPublica) On Aug. 11 ... . The program has been beset by troubles. A June 10 congressional hearing and a report (PDF) by the Government [more...]

Date: 2008-08-13 14:45:00

Car, RIP: Now for Argentine Automaker Bailouts

Reading today's headlines, you cannot help but think that the days of the internal combustion engine-powered automobile are numbered ... of bad news for the global auto industry get you down. It appears that even LDCs are getting ... on a plan to provide consumer credit to finance the purchase of locally made cars. Reuters reports [more...]

Date: 2008-12-07 13:55:00

Vanishing point robot guidance

I came across this video today of a iRobot create robot autonomously navigating a hallway using a standard laptop webcam ... project report has a lot of details about how the vanishing point detection system works. Check ... is credit due to Pratap Tokekar. I worked on localization with fiducial (cones) and helped the robot [more...]

Date: 2009-01-12 20:31:23

B of A reports loss, gets more cash

by Rolfe Winkler, CFA The TARP was phase 1 of the bank bailout: give the banks cash to rebuild their capital ... 1: the government is absorbing losses on bad assets themselves.  See Citi’s bailout in late November ... for credit-losses nearly tripled, while the company showed why it needed further help from the government [more...]

Date: 2009-01-16 15:09:12

BofA, Citi Report Losses

From the WSJ: Bank of America Swings to a Loss Bank of America Corp. swung to a fourth-quarter loss as provisions for credit-losses nearly tripled, while the company showed why it needed further help from the government to support its acquisition of Merrill Lynch [more...]

Date: 2009-01-16 13:20:02

‘I’m Just the Hired Help Here’

The words that, in my opinion, are forever immortalized by my new favorite reporter, Tom Brokaw ... for me. Finally what they propose occurs with the current issues of overextended credit and debt [more...]

Date: 2008-10-08 12:53:00

Private Equity Firms Expected to Show 20-30% Losses for 2008

OK, you gotta help me. Private equity is basically levered equity ... can PE companies (on average) possibly report returns that are better than equity averages ... in valuing their holdings. That alone should have a return-depressing effect. To its credit, the Financial [more...]

Date: 2009-01-07 05:01:00

All Bets Are Off: How Rick “The Free Capitalist” Koerber’s real-estate scheme helped wreck Utah’s economy. Posted by Robert Paisola

This is an article that was just released by The Salt Lake City Weekly. It is an amazing review of what we reported yesterday, and verifies the facts. This is an exact copy of the story: Photo Credit: SL Weekly 2009Feature | All Bets Are Off: How ... based only on a credit score and a friendly handshake (and sometimes not even a credit score [more...]

Date: 2009-01-08 18:44:00

Visa Rush Card Hit 2 Billion Dollars

Can we say say 2 Billi? Hip Hop DX Reports.... Hip Hop mogul-turned-philanthropist, Russel Simmons’ latest endeavor, ... when more Americans than ever can use the extra help. Simmons’ RushCard is a prepaid Visa Card, similar to a debit card that allows people with bad credit to have the same opportunities while building [more...]

Date: 2008-12-18 14:46:00

Wall Street Journal reports on causes of the housing bubble that burst our economy and in the long run helped no one out...

From the Wall Street Journal.... Housing Push for Hispanics Spawns Wave of Foreclosures-"California Rep ... with loans that often didn't require down payments, solid credit ratings or documentation of employment [more...]

Date: 2009-01-08 08:01:00

5 Elementary School Lessons That Can Help You Today

Written on 10/14/2008 by Ali Hale. Ali runs Alpha Student, a blog packed with academic, ... Credit: striatic It's a funny thing about elementary school, many of the lessons learned ... ' seem to neglect every single day. If your current report card would have “could do better” [more...]

Date: 2008-10-14 10:41:29

Third quarter results to dictate trend

The ongoing quarterly reporting season may dictate the market trend in the near term. Investors are bracing for poor quarterly earnings as high input costs, credit crunch, high ... billion in fresh government cash and a federal backstop against $118 billion of bad assets to help [more...]

Date: 2009-01-16 14:34:00

Helping to Explain the Bailout Issue

   Helping to Explain the Bailout Issue to Jittery Clients/Consumers Most of the consumers you talk with will not have a good handle - I am not sure anyone does yet - of the nature of the credit problem. In this short article, I hope to give ... /Freddie issued and now holds in their portfolio is reported as a bad investment because the value [more...]

Date: 2008-10-03 13:49:54

Despite The "Sudden Stop" Kazakhstan Won't Be Calling On The IMF For Help

by Edward Hugh: Barcelona"The Kazakh government is ready to step in, ... Markets in Toronto say in a report only last week that, along with Latvia, the country's $100 billion oil-led economy is among the most vulnerable to the present global credit crisis and the skid-row [more...]

Date: 2008-10-21 10:17:00

Helping to Explain the Bailout Issue to Jittery Clients/Consumers

by: Chris Galler, COO - Minnesota Association of REALTORS Most of the consumers you talk with will not have a good handle - I am not sure anyone does yet - of the nature of the credit problem. In this short article, I hope to give you at least ... and now holds in their portfolio is reported as a bad investment because the value of the asset [more...]

Date: 2008-10-01 17:06:08

Despite The "Sudden Stop" Kazakhstan Won't Be Calling On The IMF For Help

"The Kazakh government is ready to step in,'' Kazakhstan's Prime Minister Karim Masimov said this morning in a telephone interview with Bloomberg " ... in Toronto say in a report only last week that, along with Latvia, the country's $100 billion oil-led economy is among the most vulnerable to the present global credit crisis and the skid-row economic [more...]

Date: 2008-10-21 10:18:00

FreeCreditReport.com Review: Not a Free Credit Report

Have you heard of those commercials on TV that talk about “free” credit reports? These services, such as FreeCreditReport.com are *not* truly free. They offer free trials for a limited time (usually 7 days) but they’re actually paid subscription services after the intro period is over. They’re in the business of credit monitoring and tracking your credit standing. Image by Andre Rolim/Getty Images These services exist to help us keep an eye on our credit reports. [more...]

Date: 2009-09-29 04:01:28

How Can Lawsuit Funding May Help To Avoid A Bad Credit

Many lawsuit plaintiffs have financial troubles while they wait for a settlement problem that could make more low their credit level . Credit reports are piled up by firms named credit bureaus that get reports directly from lenders about their customers paying practices. Founded on a debtors history of paying bills and the amount of debt the man has , credit bureaus go with a credit score for each man . [more...]

Date: 2009-09-30 13:20:28

Bad Credit Doesn’t Mean No Credit

by Chris A Smith Just because you need help with your credit report does not mean you are automatically excluded from getting a new line of credit. Each lending institution, be it a credit card company or a bank, has it’s on rules regarding the granting of credit and often times these can vary greatly from institution to institution. Usually, the company offering the best rates and terms is more conservative than others and will consider the entire credit history of an applicant. [more...]

Date: 2009-06-08 12:30:05

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