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19 Jun 2008, 11:07 am
This front-page story in today's Washington Post explains that the mortgage foreclosure rate in the Washington, D.C. area has exploded in the last year and is now among the highest in the country. [read post]
18 Jun 2008, 2:57 am
Automation valuation models at the ZIP code/metropolitan statistical area level also may be insufficient ways to size up such loans, which really need to be analyzed in terms of the individual property as well as in terms of whether a pattern of fraud has been detected in the region if one wants to derive any value from them, said Mr. [read post]
16 Jun 2008, 6:01 am
Manufacturing jobs in the region fell by nearly 50% and for the first time in history Texans' personal income declined. [read post]
15 Jun 2008, 11:02 am
To be considered a flood, the waters must cover at least two acres or affect at least two properties.In certain flood-prone areas, the Federal Government requires flood insurance to secure mortgage loans backed by federal agencies such as the FHA and VA. [read post]
9 Jun 2008, 11:02 pm
If you are in the market for a mortgage in the Bay Area, FHA-insured loans are a newly interesting option, as they can now be made for as much as $729,750 in the region, require low down payments, and don't require stellar credit history as long as the borrower can afford to repay the loan, and can prove it. [read post]
9 Jun 2008, 10:02 pm
If you are in the market for a mortgage in the Bay Area, FHA-insured loans are a newly interesting option, as they can now be made for as much as $729,750 in the region, require low down payments, and don’t require stellar credit history as long as the borrower can afford to repay the loan, and can prove it. [read post]
6 Jun 2008, 4:07 pm
"There are no simple or quick remedies for this, and let me be clear in stating that the Gulf region alone cannot alleviate the pressures in global oil markets," Paulson said. [read post]
6 Jun 2008, 1:34 am
The other include Calamos Global Dynamic Income Fund (about which refer here), Regions Morgan Keegan Funds (refer here), and the Schwab Yield Plus Fund (refer here). [read post]
29 May 2008, 10:39 pm
Many of us depend on our cars to get to the places where we can earn more money, so that we can not only pay off the car loan, but also the car insurance, the mortgage, the credit card, and the household bills. [read post]
28 May 2008, 2:23 pm
While subprime mortgage woes have rocked banks over the past year, Keycorp's announcement is evidence that the general decline should affect the short term conventional loan market as well. [read post]
24 May 2008, 11:27 am
John Edwards Chief Adviser, Financial markets, Macroeconomic Group, The Treasury has given a speech entitled "The Sub Prime Mortgage Meltdown Origins, Trajectories and Regional Implications - Australia's experience in the sub prime crisis" discussing how the sub-prime crisis affected Australia and our regulatory response . [read post]
20 May 2008, 10:02 am
As Reynolds reports:Some Republicans have supported other versions of the legislation, citing the severity of the housing crisis and the escalating number of foreclosures in some regions of the country, including parts of California. [read post]
11 May 2008, 8:02 pm
The regulators are looking up your nether regions with electron proctoscopes, yammering at you to tighten up lending standards, increase loan loss reserves, and beef up capital. [read post]
7 May 2008, 12:32 pm
Zoning, for example, may be a positive development when used to control for negative externalities, but has serious regional consequences when it is used to restrict the housing supply. [read post]
5 May 2008, 4:07 am
For example, agencies that specialized in certain regions of the world tend to favor industries in that region, and become somewhat complacent in judging the risks in industries in those regions. [read post]
2 May 2008, 9:40 am
The biggest reason was their investment in mortgage-backed securities, including low-quality mortgages, and complex securities like collateralized debt obligations. [read post]
27 Apr 2008, 3:21 pm
” Immediately the gate to the compound opened and all of the oil men marched out to head for the nether regions. [read post]
25 Apr 2008, 3:28 pm
The Regions Morgan Keegan Select Intermediate Bond Fund and Regions Morgan Keegan Select High Income Fund both lost 70% or more over a 12-month period in large part because of their investments in low-quality mortgage-backed and asset-backed securities. [read post]
23 Apr 2008, 12:58 am
He is dual-qualified in Hong Kong and the U.K. and has represented banks on a range of cross-border finance deals in the China region. [read post]
17 Apr 2008, 5:15 am
., the billionaire financier known for buying companies cheaply, plans to approach sovereign wealth funds about investing in his project to buy stakes in a handful of regional banks and combine them with some mortgage-related companies that his investment firm, W.L. [read post]
