Archive for October, 2007
« Previous Entries Next Entries »Marketwatch.com: The Future of Subprime Lending
Thursday, October 25th, 2007The Future of Subprime Lending
It will be back, but mortgages to riskier borrowers will look much different
By Amy Hoak, MarketWatch.
Last Update: 2:18 PM ET Oct 19, 2007
BOSTON (MarketWatch) — Although “subprime” has become a four-letter word in the country’s collective lexicon and no one is sure when the credit crisis that was spawned by [...]
Associated Press:Leading Dem Tackles Abusive Lending
Tuesday, October 23rd, 2007Leading Dem tackles abusive lending
Rep. Barney Frank introduces bill that would remove incentives to offer exotic loans and require licensing of brokers.
October 22 2007: 2:41 PM EDT
WASHINGTON (AP) — A leading House Democrat took on the banking industry Monday with a bill to restrict lending practices partly blamed for the nationwide surge in mortgage defaults [...]
The Morning Call.com: Investors buying homes on the cheap
Monday, October 22nd, 2007Investors buying homes on the cheap
by Ken Harney of www.themorningcall.com
October 21, 2007
Call them grave dancers, vulture funds, turnaround specialists or the more euphemistic ”opportunity investors.” However you identify them, the deal is the same: When hyperactive real estate markets lose their sizzle, or property owners no longer can afford to hang on to their houses, [...]
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