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Archive for July, 2009

DC Power Players Get Sweetheart Loans – CBS News

by @ Friday, July 31st, 2009. Filed under Loans

Seattle Post Intelligencer

DC Power Players Get Sweetheart LoansCBS NewsCountrywide's strategy to regulate the mortgage industry included favoring influential people by offering sweetheart loans. …Darrell Issa, Another Lying Liar in the Countrywide VIP Loan StoryHuffington PostConrad Speaks About VIP LoansKFGOEDITORIAL: Robbing the bankWashington TimesTiffin Advertiser Tribune -NewsBusters -Huffington Postall 693 news articles »

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Bernanke deserves another term – Edmond Sun

by @ Friday, July 31st, 2009. Filed under Loans

Bernanke deserves another termEdmond SunClearly, the short-term economic outlook is the brightest it has been in more than a year. Last fall the economy stood on the precipice of a full-scale …and more »

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A Mortgage Watchdog Group Is Born – New York Times

by @ Friday, July 31st, 2009. Filed under Mortgages

New York Times

A Mortgage Watchdog Group Is BornNew York TimesFEW businesses have trust issues as daunting as those now faced by mortgage lenders; now a new nonprofit group is working to change public …

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For Annie Leibovitz, a Fuzzy Financial Picture – New York Times

by @ Friday, July 31st, 2009. Filed under Loans

New York Times

For Annie Leibovitz, a Fuzzy Financial PictureNew York TimesThe lender, Art Capital Group, claims Ms. Leibovitz is behind on hundreds of thousands of dollars in unpaid fees associated with the loans. …and more »

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CORRECT: New Mortgage Insurance Applications Up In June – Wall Street Journal

by @ Friday, July 31st, 2009. Filed under Mortgages

CORRECT: New Mortgage Insurance Applications Up In JuneWall Street Journal("New Mortgage Insurance Applications Up In June From May," published at 12:01 am EDT and repeated at 7:38 am, gave incorrect June numbers for new mortgage…US insured mortgage defaults rise in JuneReutersall 10 news articles »

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American Consumers Borrowed Their Way to Crisis, Experts Say – Voice of America

by @ Friday, July 31st, 2009. Filed under Loans

Voice of America

American Consumers Borrowed Their Way to Crisis, Experts SayVoice of AmericaAnd banks began to offer home mortgages to more people on terms that were very appealing in the short run. "People were getting approved for loans for the …and more »

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Brazil's Embraer Protects Cash Position Against Crisis – Wall Street Journal

by @ Friday, July 31st, 2009. Filed under Loans

Brazil's Embraer Protects Cash Position Against CrisisWall Street JournalThe largest part of the company's short-term debt relates to export loans provided by the Brazilian National Development Bank, or BNDES, due in the next 12 …and more »

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The Mortgage Professor New Appraisal Rules Backfire in Down Market – Washington Post

by @ Friday, July 31st, 2009. Filed under Mortgages

The Mortgage Professor New Appraisal Rules Backfire in Down MarketWashington PostThose parties are primarily lenders, mortgage brokers and real estate agents. Appraisals are informed judgments regarding the value of specific properties. …and more »

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Wells Fargo Ends Consumer Mortgage Lending in Canada – Bloomberg

by @ Friday, July 31st, 2009. Filed under Loans

Crain’s Chicago Business

Wells Fargo Ends Consumer Mortgage Lending in CanadaBloombergWells Fargo's Canadian unit stopped accepting applications for the loans yesterday at its branches and through its HomePlan broker network, …Ill. Sues Wells Fargo For Alleged Loan BiasCBS2 ChicagoMadigan sues Wells Fargo over alleged discriminationBizjournals.comIllinois Sues Wells Fargo Over Mortgage DiscriminationWall Street JournalClout Street – Chicago [...]

Cash for Clunkers could raid renewable-energy loans – CNET News

by @ Friday, July 31st, 2009. Filed under Loans

FOXNews

Cash for Clunkers could raid renewable-energy loansCNET NewsHowever, the House proposed paying for the extension by using $2 billion approved in the stimulus package for loan guarantees for renewable energy, …Cash for Clunkers Might Siphon Money from Renewable Energy LoansFast CompanyStimulus We Can Believe In: More Cash for Cash for ClunkersMotorTrend MagazineHouse adds $2b for [...]

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