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FHA-backed loans: the next subprime crisis? - MSNBCAs if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers — many of them the very sorts of firms that helped create the current financial crisis — are going strong. Their new strategy: taking advantage of a long ...
WaMu fails, customers okay - 10 NewsSt. Petersburg, Florida — In the largest bank failure in U.S. history, Washington Mutual was seized by the Federal Deposit Insurance Company Thursday night. The FDIC then sold the company's assets to J.P. Morgan Chase for $1.9 billion. The ...
The Next Subprime Crisis Looms - Der SpiegelThe same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them ...
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Loans reach new depths - AgeIn late 2005, Mandy, a 55-year-old postal worker from the NSW Central Coast, heard an advertisement on her radio for a company called Professional Funding Group. The ad, offering credit to people having trouble making ends meet, was of great interest ...
What is the single most important ramification of the election? - Atlanta Journal ConstitutionBefore I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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