FHA Mortgage Insurance Updates… Will this Increase Your Monthly Payment?

... from the current 1.5% of the loan amount to 2.25% for “high risk” or bad credit borrowers. Yearly Mortgage ... not seem like much but the closing costs were already higher than average with an FHA loan [more...]

Date: 2008-07-14 23:55:49

Blog posts (14) | Videos (7)
 

You know, maybe “vulgar” libertarians have a point on this one?

By Thoreau I don’t claim to understand all of the intricacies of the mortgage crisis, ... directly or indirectly through various financial instruments) the risk of too many bad mortgages ... , and then it will be harder for people to get credit, whether for consumption or starting new businesses or going to school [more...]

Date: 2008-09-24 04:27:15

Bailout Nation: "If we bail out Detroit, where do we stop?"

The unprecedented government takeover of Fannie Mae and Freddie Mac has ushered in a new era of government intervention in corporate ... is a bad credit risk -- the corporate equivalent of a subprime borrower looking for a huge mortgage ... billion in low-interest loans, the L.A. Times reports. There are also whispers on Wall Street [more...]

Date: 2008-09-11 00:30:25

Andrew W. Smith: How kinder, gentler lending caused the Panic of ‘08

Blogger Andrew W. Smith lives around Tulsa, Oklahoma, but has deep roots in Nova Scotia ... ." Sloganeering has been a handy stand-in for understanding of this credit crisis. "Crony capitalism," "neocons ... which had approved that bad mortgage was not much bothered by the borrower being a bad risk, so long [more...]

Date: 2008-10-23 07:01:01

Bank Bailout Puts Taxpayers At Risk

ABC News' Betsy Stark reports: It all feels less frantic than the government's rescue of the financial system a couple of months ago -- and we can ... , it is reasonable to expect more loan defaults on everything from mortgages to credit cards. And if banks ... these bad assets that are draining bank reserves and investor confidence. In other words, [more...]

Date: 2009-01-16 19:01:22

Waldman On Thinking Clearly About Expenditures & Investments

Last week we ran a post displaying several graphs of the 2008 bailout vs other government projects ... a security derived from a mortgage or credit card loan made two years ago.” Click Here To Read Steve ... of the credit crisis? Risk or Conservative BehaviorPaul Krugman’s Thoughts About ThinkingGood and Bad [more...]

Date: 2008-12-03 16:00:36

Commonsense Regulatory Ideas Ignored Prior to Mortgage Meltdown

What continues to bother me about the financial crisis is that so many people saw the warning signs and yet so many others refused to pay attention to the risks. A new AP report reveals the extent to which the Bush administration ... 2006: Regulators told bankers exotic mortgages were often inappropriate for buyers with bad credit [more...]

Date: 2008-12-01 14:25:05

Banks forced to take bailout money they don’t want or need

There are thousands of banks in the United States, most of which are local and have less than a billion dollars in assets ... themselves to the mortgage and credit crises. Some of them were (gasp!) risk averse and (double gasp ... our head saying, ‘If we don’t take it, does that put us on their bad list?’ I was told that the regulators [more...]

Date: 2008-11-25 07:28:38

Rising Default Risk In Pro-Forma Commercial Loans

The bond market is reeling from rising default risk in Pro-Forma Commercial Mortgages ... Federal Credit Union in New York. “They were underwritten with outlandish expectations on rents ... are starting to turn bad. In New York City, Stuyvesant Town-Peter Cooper Village, a housing complex in downtown [more...]

Date: 2008-11-21 03:34:00

Commercial Real Estate Mortgage

There are different types of loans that are available in the market; while some loans are meant for personal requirements of an individual, ... risks by providing loans to those people, who have a bad credit record. The financial institutions ... for their business needs. This type of loans is highly in demand with all the people who are involved [more...]

Date: 2008-12-19 23:06:31

OBAMA’S ‘ORGANIZER’ BUDS PUSHED FOR BAD MORTGAGES

O’S DANGEROUS PALS By STANLEY KURTZ, NY POST Chutzpah: ACORN’s drive to lower mortgage standards paved the way for the meltdown - yet last week, ... banks into making high-risk loans to customers with poor credit. In the name of fairness ... the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years [more...]

Date: 2008-10-13 03:22:59

Stanley Kurtz: HOW ACORN & ITS DEM ALLIES BUILT THE MORTGAGE DISASTER, and how Obama is right in the middle of it

UPDATED Please scroll down I didn’t have a chance to post on it yesterday, but Maria and a couple of friends sent this, ... to relax their credit standards as well, local banks would never make home loans to customers with bad ... to force banks into making high-risk loans to low-credit customers is still active. None [more...]

Date: 2008-10-14 12:37:34

9 Dividend Stocks At Risk From Pension Plan Deficits

Lynn Carpenter says pension fund deficits could be a major threat to dividend payments ... ’s hand wringing. Because just when you thought the financial news had exhausted all the bad stuff ... this year. It has nothing to do with mortgages or credit markets - it’s about pension funds in trouble [more...]

Date: 2008-11-07 13:51:33

MortgageNewsClips: Spreadsheet Resource, Realtors Beware, Credit Cards, Lou Ranieri, Securitization Primer, Popular Sells, Asymmetric Risk, Damage Report, Disparity, NY Mortgages, Freddie Automates, 3 more News Clips

RESOURCE: has list of sites offering free spreadsheets - Spreadsheets: Free to Learn - No-cost tutorials, instruction, ... Ross - Inman News ———— BusinessWeek_logo Credit-Card Rage - Debt-strapped consumers vent ... -old concept of securitization a bad name, IMF Economist Andreas Jobst writes. Securitization [more...]

Date: 2008-09-02 10:37:39

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