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Mortgage lenders failed to check the credit-worthiness of borrowers. Banks restructured loans into derivative instruments that obscured the underlying …
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Mortgage News from Around the World
Mortgage system crumbled while regulators joustedSeattle Post Intelligencer - 3 States, by contrast, took 3694 enforcement actions against mortgage lenders and brokers in 2006...
All's not well in the WestElectric New Paper, Singapore - 2 England's biggest mortgage lenders , Northern Rock, crumbled in a heap. Iceland's financial system...
How It All Came Crashing DownistockAnalyst.com (press release), OR - 1 hour ago Regardless of who ends up buying Wachovia, the bank crumbled under the weight...
The End of the Economy As We Know It?Seeking Alpha, NY - 5 Will abrogating home mortgage contracts make it easier to value MBS and...
The UK economy: an analysis and some predictionsTelegraph.co.uk, United Kingdom - 7 The Daily Telegraphy's Economics Editor Edmund Conway offers an analysis of the current...
Economy CrumblingMoney and Markets, FL - 1 hour ago And as I showed you on Friday, that’s sending mortgage rates through the roof, threatening to sabotage...
Four Ways To Save The EconomyClusterstock, NY - 51 Fully nationalize Fannie and Freddie to get mortgage rates down and get people buying houses again....
85% mortgage: NationwideEconomy News, UK Nationwide has been in the news a great deal as of late courtesy of their latest house price survey, which...
Our Economy is not Just for Christmas!ITnews.it, Italy - 4 By cutting VAT to Zero for 24 months on purchases of building materials and by...
Economy NEWGotham Gazette, NY - 9 There were 2.25 million home mortgage foreclosures last year, and one out of every six homeowners owes more on...
Dollar hurt by risk appetiteEconomy News, UK House builder Lowe's also cheered after it reported a smaller than expected decline in first quarter profit and...
On the economy: Coincidences? I wonderDallas Morning News, TX - 1 hour ago There is only a minimal impact on mortgage rates and foreclosures, and it...
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