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Showing posts with label sub-prime. Show all posts
Showing posts with label sub-prime. Show all posts
Thursday, October 29, 2009

Tax Credit Creates "First Time Fraudsters" - WSJ

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When it comes to greed, the real estate market appears to be the breeding ground for schemes. The so-called sub-prime mortgage debacle lead...
Monday, August 31, 2009

Brooklyn Judge Takes on the Big Bad Lenders

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The New York Times reports today on Judge Arthur M. Schack who has taken the time to review mortgage foreclosure complaints and discovered t...
Sunday, July 5, 2009

It's "no money down" that got us into this mess

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Professor Stan Liebowitz, a professor of economics and director of the Center for the Analysis of Property Rights and Innovation in the mana...
Friday, February 13, 2009

A Plea - Don't Allow Mortgage Cramdown

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One of the proposals before Congress is to allow Bankruptcy Court judges to " cram down " first mortgages on residential real esta...
Saturday, January 24, 2009

NY Times Six: Errors on the Path to the Financial Crisis

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Alan S. Blinder, a professor of economics and public affairs at Princeton and former vice chairman of the Federal Reserve points to what he ...
Tuesday, December 9, 2008

Fannie Mae in Bigger Trouble than Imagined?

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The New York Times reports today on Airing the Depth of Troubles at Fannie Mae . The hole at Fannie Mae may be even deeper than feared. a ...
Wednesday, December 3, 2008

From the Wall Street Journal - Sheila Blair's Mortgage Miracle

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Our settlement department was busy a few years ago closing what are now called sub-prime mortgage loans. They varied from "interest onl...