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20 Jan 2012, 7:21 am
Add those numbers to the millions of foreclosures already water under the bridge, and were talking about a crisis that results in ONE IN FOUR Americans with mortgages losing their homes to foreclosure in the next handful of years. [read post]
11 Jan 2012, 6:56 am
For more than a decade, Peter Wallison of the American Enterprise Institute has been crusading against government involvement in financial markets, particularly mortgage markets, so when he writes a Wall Street Journal op-ed piece, one must take it with the grain of that he will always trace failures to the wrong regulation, or even to the existence of regulation. [read post]
11 Jan 2012, 1:39 am
Roughly half the mortgages today are underwater, so we can assume those people aren’t buyers because if you can’t sell, you can’t buy. [read post]
25 Dec 2011, 1:15 pm
Marketers use these databases to determine if Americans are worthy “targets” or not-worth-bothering with “waste. [read post]
19 Dec 2011, 12:21 pm
Rule highlights the unfairness: This country’s consumer credit reporting industry ascribes to the great majority of adult Americans a three-digit score epitomizing their potential profitability as charge-account customers, credit card users, or mortgage applicants. [read post]
19 Dec 2011, 12:21 pm
Rule highlights the unfairness: This country’s consumer credit reporting industry ascribes to the great majority of adult Americans a three-digit score epitomizing their potential profitability as charge-account customers, credit card users, or mortgage applicants. [read post]
7 Dec 2011, 3:56 am
When training the group of lawyers who would change the course of history for African Americans, Charles Hamilton Houston would tell them, “You’ve got to be twice as good as the white, or you will lose. [read post]
11 Nov 2011, 5:00 am
An Administration serious about stimulating the economy would propose a national network of urban land banks. [read post]
4 Nov 2011, 8:52 am
There is also a 2009 documentary about the subprime mortgage fiasco, which is now available on DVD, American Casino. [read post]
4 Nov 2011, 8:52 am
There is also a 2009 documentary about the subprime mortgage fiasco, which is now available on DVD, American Casino. [read post]
4 Nov 2011, 1:42 am
One more thing just to make sure that no one misses the irony here… the mortgage servicers whose bad acts and criminal behavior against 4.5 MILLION American homeowners rose to such an unacceptable level that they have been forced to participate in this “independent foreclosure review,” are the ones saying that we’re not allowed to know anything about it. [read post]
3 Nov 2011, 9:12 pm
But without public disclosures and oversight of dispute resolution — in and out of court, single file and aggregated — one has no way to know whether fairness is either a goal or a result.Arbitral Power and the Limits of Contract: The New Trilogy American Review of International Arbitration, Forthcoming Alan Scott Rau University of Texas at Austin School of Law Abstract: The American law of arbitration has for some reason been replete with what we have become accustomed… [read post]
24 Oct 2011, 5:26 pm
Here's an excerpt from the article: According to a recent report by The New Bottom Line, a coalition of labor groups and grassroots networks, if all underwater mortgages were written down to market value and refinanced into thirty-year fixed mortgages, it would add about $71 billion a year to the economy and create 1 million jobs. [read post]
21 Oct 2011, 9:52 am
” Robert Shapiro, New Democrat Network (“NDN”). [read post]
17 Oct 2011, 7:07 pm
Ezra Klein wrote a follow-up piece to his treatise on the Obama Administration’s decisions and its rationale for those decisions that I commented on a couple of days ago. [read post]
11 Oct 2011, 10:33 am
Well, like we’ve got the the world’s best venture-capital network, for one. [read post]
9 Oct 2011, 10:38 am
From a few bedraggled twenty-somethings to the current network of protests nationwide, the movement has grown exponentially. [read post]
7 Oct 2011, 3:45 pm
The companies have tapped the taxpayers to cover mortgage losses totaling about $160 billion. [read post]
29 Sep 2011, 6:06 am
Since people are able to get mortgages more easily, the middle classes have been buying property to make money. 3. [read post]
25 Sep 2011, 5:53 am
The mortgage lifter. [read post]
