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Saturday, October 18, 2008
PRLog.Org (press release), Romania -
Most Lenders and Servicing Companies for Lenders have already started instituting programs to facilitate loan modifications, loan refinancing, loan extensions and short term payment waiver for borrowers in trouble. If you are avoiding your Lender because you ... -
Sunday, October 19, 2008
WalesOnline, United Kingdom -
“The only way I could get his name off the mortgage was to refinance with a sub-prime lender. And, at first, the monthly repayments were about the same and I thought it was the answer to my prayers.” ... -
Oct 15, 2008
Wall Street Journal -
By JAMES R. HAGERTY Fannie Mae and Freddie Mac have become prime suspects in the political debate over who caused the mortgage meltdown. Last week, Sen. ... -
Oct 15, 2008
San Francisco Chronicle, USA -
Who caused the American financial panic and the wild swings in our financial system - and what are we going to do about it in the long term after the markets settle down? ... -
Oct 16, 2008
Atlanta Journal Constitution, USA -
By Tim Lynch Americans need to stop thinking of themselves as victims of Wall Street greed and regulatory negligence, and start thinking of themselves as newly minted owners of one of the largest mortgage infrastructures in the world. Fannie Mae ... -
Oct 16, 2008
The Weekly Standard -
John Murtha has taken some pretty stiff criticism for slandering his constituents as racists -- and deservedly so. But it's worth looking at the rest of his recent interview to get a sense of how he views the credit crunch. Here's how Murtha describes how we ... -
Oct 16, 2008
Los Angeles Times, CA -
David M. Abromowitz says we shouldn't leave the mortgage market purely to the private sector. Daniel J. Mitchell says Fannie and Freddie played a major role in the housing bubble and should be shut do ... -
Oct 16, 2008
Houston Chronicle, United States -
By Angie Drobnic Holan and Robert Farley Politifact But relying on them for an unvarnished view is like asking competing trial attorneys to provide the "facts" of a case. You'll get some facts, but in a light that's most friendly to their client.<p> ... -
Oct 16, 2008
CNN -
Rates saw the biggest weekly jump since 1987 - analysts predict 30-year fixed mortgage rates will climb higher, and pin the hike on government rescue efforts. // Uses both the shortcut for $(document).ready() // and the argument to ... -
Oct 16, 2008
TIME -
By Stephen Gandel Thursday, Oct. 16, 2008 The government's effort to boost bank lending to end the credit crisis is hurting one of the areas critical to the nation\'s recovery: mortgage rates'; digg_bgcolor = '#fff'; ...
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Oct 16, 2008
Salon -
Obsessed by "lipstick on a pig," economic "free fall" and other "great stories," America has failed to see the real challenges it faces. By Joan Didion How to fix the Department of Homeland Security Among other messes ... -
Oct 16, 2008
Indianapolis Star, United States -
Two things should be clear to anyone trying to figure out the financial crisis. One is that we need to get to the bottom of what caused it and why. The second is that we can't rely on Congress to conduct such an investigation. Politicians love to hold ... -
Oct 17, 2008
Newsday, NY -
Federal officials may have finally targeted their efforts to the heart of the financial crisis. By guaranteeing deposits and loans and by purchasing bank shares to rebuild reserves, the Bush administration has applied direct heat to thaw credit markets. ... -
Oct 17, 2008
Newsday, NY -
BY JAMES BERNSTEIN | james.bernstein@newsday.com Saying it has been stung by the turmoil surrounding the federal takeover of mortgage giants Fannie Mae and ... -
Oct 17, 2008
Financial Times, UK -
By Gary DeWaal The financial crisis is not going away. Despite the US government’s bailout of Bear Stearns, AIG, Freddie Mac and Fannie Mae, and Congress’s $700bn relief package, markets continue their tumble in ways unprecedented since the Great Depression. Fortunately, bargain hunters will ultimately ... -
Oct 17, 2008
guardian.co.uk, UK -
Lawyers are circling the carrion from the US financial crisis for a steady diet of lawsuits and litigation. Hundreds of lawsuits vying for "class action" ... -
Oct 17, 2008
Los Angeles Times, CA -
Daniel J. Mitchell says Washington should use its past mistakes as a guide for avoiding future crises. David M. Abromowitz says that government must take action when the free market fails consumers. ... -
Oct 17, 2008
Bizjournals.com, NC -
BB&T Corp. Chief Executive John Allison is calling for short-term fixes and long-term reforms to address the financial crisis. Addressing a gathering of the Winston-Salem Chamber of Commerce Friday morning, Allison said the initial efforts of the federal government to rescue the economy ... -
Oct 17, 2008
Seattle Post Intelligencer -
By BILL VIRGIN Washington Federal Inc. confirmed its earlier warning that it would report a loss for the fiscal fourth quarter with the release of results Friday. Neither the loss nor its causes were a surprise, since the Seattle-based institution had said in ... -
Oct 17, 2008
New York Times, United States -
On Tuesday, Treasury Secretary Henry M. Paulson Jr. discussed government plans to put $250 billion into banks. By STEVE LOHR Now that the big five ...
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