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 (205) | Videos (145)
 

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

10 ways to effectively estimate and control project costs

Estimating what a project will cost is only half the battle; controlling those costs during the project and after delivery is equally critical. Note: This information is based on a previously published article and is also available as a PDF download . Building a better bottom line is just as important for an IT department as it is for the whole organization at the enterprise level. Implementing sound financial management within an IT framework is broader than simply being more efficient. [more...]

Date: 2009-09-30 07:00:53

After Getting In Bed Together, Nielsen Can’t Stop Gushing About How Great Facebook Is

It’s all a little unseemly, if you ask me. Last week, Nielsen and Facebook declared that they were “In A Relationship” together with a new product Nielsen is rolling out called BrandLift, which is supposed to measure brand awareness of ads on the social network with opt-in polls. Almost immediately after the two companies announced their strategic love affair, Nielsen started putting out glowing reports about Facebook and how much time people are spending on social networks. [more...]

Date: 2009-09-29 23:20:07

Alternative Billing Alternatives (ILTA09)

Thinking creatively about alternative billing structures is something increasing numbers of lawyers and law firms are grappling with. To help with this, Thomas Gaines, Jeffrey Brandt, Jeffrey Rovner and Eugene Stein gave a terrific presentation at ILTA09 regarding how technology might assist with alternative billing arrangements.  They started by exploding some common alternative billing myths, chief among which is that it is safe to defer consideration of new cost and billing structures by using [more...]

Date: 2009-09-30 13:46:03

At Webb's Junta Love-In, Cont.

Credit to Kurt Campbell. At today's Burma hearing he acknowledged that State has handled the Burma policy review very poorly. Last Friday, two senior state officials briefing Hill staff on the results ran into a buzz saw of complaints over the process State used in rolling out their review. The policy was disclosed to foreign governments in New York by Secretary Clinton before anyone on the Hill had a hint as to what was going on. [more...]

Date: 2009-09-30 22:30:51

Germany - The Bitter-Sweet Tears Of Angela von Merkel

German voters gave Chancellor Angela Merkel the green light for a second term on Sunday, along with a clear mandate to form a new government with the liberal Free Democrat Party (FDP). But just what exactly is the new government likely to do? Merlek has been quick to pour cold water on any idea of early tax cuts, “I expect we’ll agree very quickly on tax policy, especially when you look at the leeway we have with the budget,” she is quoted as saying. [more...]

Date: 2009-09-30 22:01:26

QuickBooks Pro 2009 3 User

Amazon. com Product Description Small business accounting software that makes accounting easy with tools to organize your finances all in one place. Track sales & expenses. Click to enlarge. Reduce data entry by downloading your bank & credit card transactions into QuickBooks. Click to enlarge. Create purchase orders. Click to enlarge. Generate reports with one click to see how your business is doing. Click to enlarge. [more...]

Date: 2009-09-29 23:40:46

Hispanic y Latino News/Info :: September 30th, 2009 :: 5 Minutes to Empowerment

Essentials --» Jose Hernandez tweeting from space bilingually – follow him – cool! :: from twitter.com Dispelling bias against Latinos – Complicating and confounding efforts to reform the country’s immigration laws are widespread portrayals of Mexican immigrants as a threat to national culture and unity :: from www.recordnet.com The foreclosure crisis has brought a particular set of issues to Latino immigrants in the Kansas City area. [more...]

Date: 2009-09-30 18:59:08

Money Markets are the New Suspenders

This is a guest contribution from Precision Capital Management . The Financial Times recently reported on the Fed’s latest exit strategy to eventually contain the inflation zombie: During the crisis, the Fed created roughly $800bn of additional bank reserves to finance asset purchases and loans. This total is likely to rise in the coming months as the central bank completes its asset purchases and the Treasury unwinds financing it provided to the Fed. [more...]

Date: 2009-09-30 10:20:01

Arecibo Observatory ‘uniquely powerful’ for detecting near-Earth objects

Published By MattOn:30 September 2009 8:58 AM CEST  Source The Arecibo Observatory provides “unmatched precision and accuracy” in detecting asteroids or comets that could hit the Earth, says a report by the National Academy of Sciences. That statement could help secure the observatory’s future.The world-famous, Cornell-run radio telescope’s unsurpassed capabilities for taking precise, clear pictures of these near-earth objects (NEOs) are laid out plainly in the recently released interim report, [more...]

Date: 2009-09-30 08:58:15

Ventura County, California Jury Duty tips from a recent potential juror…

Since I only get the privilege of being a potential juror every couple years, I always forget the ins and outs of it. So this time I’m going to capture some notes, notes that hopefully will help me the next time… These are random notes and will not, now or ever, contain trial or trial juror information. They are focused on the “before,” the time period in the Juror Assembly room before or between trials, ie. “ potential juror ” information, tips, thoughts, etc. [more...]

Date: 2009-09-30 23:36:00

Restore Your FICO Score – Part Three

In the previous parts of this article we discussed how FICO score can impact your financial status as well as the initial steps that you can take to begin restoring your FICO score. We covered handling collections first since they do have a big impact on your overall score, but there are a few other ways that you can quickly see a big jump in your score. After you have the collections on your account either settled or verified, double check to make sure that they were removed from your credit report. [more...]

Date: 2009-09-29 23:17:33

How Debt Management Programs Affect Your Credit Score

Thoughts on managing debt wisely with debt management programs. How do these programs affect your Equifax credit report and score ? I have been a financial counselor for over two years, and here’s one question I often receive from clients: if I implement your debt management program, how will this affect my credit score? People ask this because they wonder whether getting outside assistance to handle their debt could potentially be a strike against their credit. Well, my response is simple. [more...]

Date: 2009-09-30 08:14:35

OIL’s well, that starts well!

Vitality shows in not only the ability to persist but the ability to start over. The opening moments will be dominated more by Oil India’s listing. The market will be keen to see how the stock behaves after a tepid debut for Adani Power and NHPC. We expect another positive start though Asian stock markets are mixed after overnight losses on Wall Street. [more...]

Date: 2009-09-30 04:01:00

What Is Cesi Debt Free?

by Melinda Harni Each of these websites provides extensive information on different aspects of debt: how to get out of debt, control debt, and on matters related to housing counseling. This is significant, keeping in mind the recent economic recession. Together, all three websites provide all-inclusive information, complete with statistics and figures, in keeping with the CESI philosophy of empowering the consumer on financial matters through knowledge. [more...]

Date: 2009-09-30 23:43:05

How Online Loan Calculators Can You Time And Money

September 30, 2009 | By Matt Harris In Finance | by Dennis ShirkImagine the next time you join a discussion about simple loan calculators. When you start sharing the fascinating loan calculator facts below, your friends will be absolutely amazed.Popular loans are from the top 15 leading banks and credit unions. We provide mortgage rates and home equity loan rates for primary and second loan refinance. The online rates calculators help you quickly evaluate interest rate options on all loans. [more...]

Date: 2009-09-30 07:22:21

The Reality of Prepaid Credit Cards

by Pedro Turriago Prepaid credit cards are great for those who find it difficult to control their spending habits. They have a limit imposed by the cardholder that is solely determined by how much money they load onto it. If the person does not have money to load onto the card, then they wont be able to use the card. In short, by the time a prepaid card is used, the bill is already paid. Its probably the best type of credit card available for people who want to stay out of debt. [more...]

Date: 2009-09-30 11:13:28

Unionbank offered P5-Billion 2-Tier notes

Last week, the Union Bank of the Philippines (Unionbank) also went into capital-raising effort as it started offering unsecure subordinated notes to investors to beef up its capital by P5 billion, in order to lift is capital adequacy ratio (CAR) to a more comfortable level that would allow it to absorb more risk through aggressive lending. The bank offered investors to subscribe to its unsecured subordinated notes, which qualify as Tier 2, or supplementary capital. [more...]

Date: 2009-09-30 09:42:06

The WonkLine: September 30, 2009

Welcome to The WonkLine , a daily 10 a.m. roundup of the latest news about health care, the economy, national security, immigration and climate policy. This is what we’re reading. Tell us what you found in the comments section below, and subscribe to the RSS feed . Also, you can now follow The Wonk Room on Twitter .   Climate Nike becomes the fourth company in a week to resign from the board of directors of the U.S. [more...]

Date: 2009-09-30 14:23:59

How to Replace Bad Financial Habits With Good Ones

This is a guest post from Leo Babauta of Zen Habits. His first book, The Power of Less, was recently published by Hyperion ... full of things we don’t need, bills we can’t pay, and low balances in our checking and savings accounts ... situation? Some ideas: Impulse spending. Overuse of credit cards or other debt. Spending without tracking [more...]

Date: 2009-01-14 13:00:09

Fixing Credit Report - The Good… The Bad… And The Truth

by Tim Beachum Obviously you are interested in the topic of fixing credit. No matter what your reasons are for wanting to repair your credit, the benefits are well worth it. Depending on your situation you can lower your monthly bills, open a bank account, get better rates on loans, the possibilities are endless. Before I begin explaining the fixing credit process, I feel it is important that you have the right mindset before we begin. [more...]

Date: 2009-09-30 08:14:45

Need Info About Credit Cards – Read this Publication

When you are looking for a credit card offer you probably want something that will correspond to your needs, not something that is most advertised and popular. Different people have different lifestyles and spending habits, and they want different credit cards which will help in various life situations. If you like travelling or if you just travel a lot make sure you find a credit card offer that provides special bonuses which will considerably enhance your journeys. [more...]

Date: 2009-09-30 10:17:59

Fed Research Sheds Light On Reluctance Of Subprime Lenders To Modify Loans

I came across a research paper published by the Boston Federal Reserve Bank where the researchers looked into among other things a mathematical ... in mountains of cash thawed a “frozen” credit market. So are we stuck with the alternative…do nothing ... the differences. Enter this new report… Subprime Mortgages, Foreclosures, and Urban Neighborhoods [more...]

Date: 2009-01-17 16:45:16

51 - 100 of 205 Posts
Page: First | < Preceding | Next >
0 | 1 | 2