How Credit Got So EasyAnd Why It's Tightening
free to take risks, a necessary condition for maximum sustainable economic growth," Mr. Greenspan says ... once seen as isolated to a few subprime-mortgage lenders are beginning to propagate across markets ... executives, was the nation's second largest subprime lender by 2006. When its borrowers began falling ...
American Home Mortgage files for bankruptcy protection
American Home Mortgage files for bankruptcy protection by this reporter | Posted: ... loans already on the books. A bankrupt lender simply means financial institutions will likely buy ...
Clinton Proposes Lender Rules, Prepayment Penalty Ban
Clinton Proposes Lender Rules, Prepayment Penalty Ban Aug. 7 (Bloomberg) ... -- Democratic presidential candidate proposed new requirements for lenders and an end to prepayment penalties ... issue. Lawmakers and consumer groups are blaming mortgage brokers for abusive practices that have left ...
Clinton urges tougher rules for lenders
campaign trail yesterday when Hillary Clinton called for tougher regulation of mortgage lenders and support for homeowners. The frontrunner ... Investment Corp, the 10th largest US mortgage lender, filed for bankruptcy protection and two other ...
TODAY: Trapped in housing bubble? 5 tips
It's been a tough couple of weeks for the stock market, and a big reason ... behind on their loans; the nations largest mortgage lender has announced that about 5.4% of home ...
Slowdown in mortgage financing industry restricts access to certain types of home loans
Slowdown in mortgage financing industry restricts access to certain types ... down a type of loan called ``alt-A'' for people with limited documentation or slight credit ... scaled back its lending. The Grafton, Wis.-based lender does not issue ``subprime'' loans, or loans ...
Trapped in the housing bubble? 5 smart tips
It's been a tough couple of weeks for the stock market, and a big reason ... behind on their loans; the nations largest mortgage lender has announced that about 5.4% of home ...
US subprime crisis costs ShinseiÂ
Tokyo - Shinsei Bank, Japans first foreign-owned lender, said that it had suffered losses of ... exposure to problems in the US sub-prime mortgage market. Shinsei, whose forerunner Long Term Credit ... of the housing boom, providing mortgages to people with poor credit histories, but higher repayment ...
American Home files for protection
Tenth largest mortgage lender lays off most of its workforce; two ... -- American Home Mortgage Investment Corp. filed for bankruptcy protection Monday and two other mortgage ...
Lender files Chapter 11
AM PDT <span YORK — American Home Mortgage Investment Corp. filed for bankruptcy protection on Monday and two other ... loans already on the books. A bankrupt lender simply means financial institutions will likely buy ...