Mortgage rates scream buy, but who is listening?
Saturday, July 3rd, 2010An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country.--- read the article
An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country.--- read the article
Ex-AIG official defends role in buildup of mortgage-backed securities
Wednesday, June 30th, 2010Joseph Cassano appears before Congressional panel probing meltdown--- read the article
UK’s Northern Rock made risky loans after rescue (The Malaysian Insider)
Sunday, May 16th, 2010LONDON, March 20 — British mortgage lender Northern Rock continued to write high-risk loans for months after authorities stepped in to give the bank emergency support, a public spending watchdog said today. Northern Rock became the first British bank to fall victim to the financial crisis in September 2007 when ...
‘Rambo’ Fed will buy treasuries to combat crisis (Stamford Advocate)
Saturday, May 15th, 2010By committing to buy Treasuries and double his purchases of mortgage debt, Federal Reserve Chairman Ben Bernanke signaled his determination to avoid a repeat of the Great Depression and his willingness to pump as much cash into the economy as needed to end the current crisis.source
Reverse mortgage scam targets seniors (The Pagosa Springs Sun)
Friday, May 14th, 2010Experts think the nation’s deepening economic crisis is creating a whole new universe of potential scam victims every day.source
