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Hawaii not immune to ‘liar loan’ crisis - Honolulu Star-BulletinIn the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets." The nation's ...
New round of losses hits market - The Clarion-LedgerIn the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets." The nation's ...
Most Viewed Business News - Yahoo NewsSHANGHAI, China - China and Iraq have signed a $3 billion deal revising an earlier agreement for China's biggest oil company to help develop the Ahdab oil field, an official at the Iraq's Oil Ministry said Thursday. Oil near $120 as Gustav threatens ...
August 2008 - ABC News BlogsABC News' Alice Gomstyn reports: Americans struggling with high gas prices, take heart: Diddy “feels you.” The rap megastar is keeping his private jet grounded and flying commercial – American Airlines, to be exact – because “gas prices are ...
McCain gives up on his mortgage plan - SalonAbout two weeks ago, John McCain, in a high-profile speech, unveiled his response to the mortgage crisis. Despite the seriousness of the challenge, the GOP presidential nominee unveiled a classic YOYO policy: "You're on your own." As the New York ...
Obama Outraised Clinton By Two To One In March - US News and World ReportThe AP reports this morning that Sen. Barack Obama "raked in" $40 million last month leaving Sen. Hillary Clinton "and her $20 million in the fundraising dust and stuffing his campaign treasury so he can outspend her in the crucial Pennsylvania ...
Stocks decline after huge rally - Eagle-TribuneNEW YORK (AP) — Stocks pulled back sharply Wednesday, erasing most of the previous session's big gains as investors grew concerned about the possibility that banks remain vulnerable to further problems from soured debt. The Dow Jones industrial ...
Mortgage Crisis - OpEdNews.comWho pays when lenders fail? / Don't foreclose - keep borrowers in their homes If there is any silver lining to the second largest thrift failure in U.S. history, it is this: the IndyMac bank collapse has ironically resulted in the nation's first ...
Fed, Morgan report ease market fears in early trading - Sioux City JournalThe people of Esperanza dream of a world where everyone has civil rights and economic justice, where the environment is cared for, where cultures are honored and ...
Senators Set to Debate Housing Crisis - US News and World ReportWhat Democrats call a housing crisis—and a top Republican labeled a housing slump—stands to be front and center this week as Congress returns from its recess to confront the foreclosure crisis threatening a million or more U.S. homeowners. Senate ...