How Credit Got So EasyAnd Why It's Tightening
once seen as isolated to a few subprime-mortgage lenders are beginning to propagate across markets ... that borrowers who fell behind could easily refinance. When home prices stopped rising in 2006, ... three former S&L executives, was the nation's second largest subprime lender by 2006. When its ...
IKB lands large catch of subprime problems
the once-lucrative, but now crisis-hit, US subprime mortgage market. IKBs troubles went from bad to worse this week after it was ... credit lines from the bank. The funds refinance in the commercial paper market, but if ...
Don't saddle taxpayers with mortgage failures
Line up the suckers. The mortgage meltdown has produced many victims. The most ... of these unfortunate souls by having government refinance their loans. Ohio has led several other ... if they’re poor. Burdening the public with bad loans is unwise policy. The taxpayers should ...
TODAY: Trapped in housing bubble? 5 tips
behind on their loans; the nations largest mortgage lender has announced that about 5.4% of ... Here are some options open to you: Refinance your mortgage For most people, the problem ... dont negotiate, they have to package your bad note, then they pass that off to ...
Trapped in the housing bubble? 5 smart tips
behind on their loans; the nations largest mortgage lender has announced that about 5.4% of ... Here are some options open to you: Refinance your mortgage For most people, the problem ... dont negotiate, they have to package your bad note, then they pass that off to ...
American Home files for protection
Tenth largest mortgage lender lays off most of its workforce; ... trying to borrow for home purchases or refinance their existing homes are facing tougher terms ... to go out of business so far, second only to New Century Financial Corp. But ...
Home lender bankrupt
Houston-based Aegis Mortgage Corp. said it would not accept any ... trying to borrow for home purchases or refinance their existing homes are facing tougher terms ... to go out of business so far, second only to New Century Financial Corp. But ...
Big mortgage cos. in financial trouble
NEW YORK -- American Home Mortgage Investment Corp. filed for bankruptcy protection on ... trying to borrow for home purchases or refinance their existing homes are facing tougher terms ... to go out of business so far, second only to New Century Financial Corp. But ...
Lender files Chapter 11
AM PDT <span YORK — American Home Mortgage Investment Corp. filed for bankruptcy protection on ... trying to borrow for home purchases or refinance their existing homes are facing tougher terms ... to go out of business so far, second only to New Century Financial Corp. But ...
American Home Mortgage files for bankruptcy
NEW YORK American Home Mortgage Investment Corp. filed for bankruptcy protection on ... trying to borrow for home purchases or refinance their existing homes are facing tougher terms ... was pushing loans even at buyers with bad credit histories. ...