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Housing Bubble News
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a... [more]
News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a mature and informed level of social and economic analysis. Contributions emphasizing the macroeconomic effects are especially welcome.
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Dan Gross gets medieval on the wingbut meme that Fannie Mae and the CRA was responsible for the housing and credit mess: "We've now entered a new stage of the financial crisis: the ritual assigning of ...
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Fact Check: The Subprime Lending Crisis:Tonight, Barack Obama said: “Two years ago, I said that we have got a subprime lending crisis that has to be dealt with. I wrote to Secretary Paulson, I wrote to Federal Reserve Chairman Bernanke, and told them this is something we have to deal with, and...
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From my.barackobama.com
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Throw the flag against: The McCain-Palin campaign.Call: Clipping.What happened: In remarks Monday in New Mexico about the economic crisis, Republican John McCain said that "as recently as September of last year" Democrat Barack Obama said that subprime loans had been "'a good idea.' Well, Senator...
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From kentucky.com
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Bank of America will provide hundreds of thousands of former Countrywide borrowers loan adjustments or ease their way out of foreclosed homes under an agreement with seven state attorneys general settled ...
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From rss.topix.net via
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Fresh off the false and politicized attack on Fannie Mae and Freddie Mac, today we’re hearing the know-nothings blame the subprime crisis on the Community Reinvestment Act — a 30-year-old law that was actually weakened by the Bush administration just as the worst lending wave began. This is even...
From freerepublic.com
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- Excellent Video on the Community Reinvestment Act Scam (lewrockwell.com)
- The Community Reinvestment Act Cancer (lewrockwell.com)
How the markets really work Sunday, October 05, 2008 02:00 AM add to de.li.cious add to technorati In the words of my favorite reggae DJ: "ALL KILLAH NO FILLAH"! Cheers Posted by: Doublewide Oct 5, 2008 ...
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From rss.topix.net via
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Contact producer for permission to broadcast. License: Attribution No Derivatives Summary: Phil Taylor interviews Counterpunch columnist Michael Hudson on the subprime crisis and the $700b bailout.
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The rescue package for the financial system includes measures designed to stem the rising tide of foreclosures. Here's a look at the specifics.
The $700-billion rescue package for the financial system...
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From latimes.com
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It's difficult to see how much more corporate governance can be imposed on boards," is Phil Armstrong's reply when asked if the US financial meltdown ...
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... demolishes the contention that the liberal-inspired Community Reinvestment Act of 1977 and the Democrat-linked Fannie Mae caused the housing bubble. ...
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From news.google.com via
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Until WaMu failed, the biggest local business brought down by the mortgage crisis was subprime lender MILA, which closed abruptly in April...
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From seattletimes.nwsource.com
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The rescue loans provided by the government should be subprime loans, because subprime terms will generate greater revenue for taxpayers. ...
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From news.google.com via
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INDIANAPOLIS (AP) — Democratic gubernatorial candidate Jill Long Thompson announced proposals Wednesday designed to help families avoid home foreclosures, including required mediations between borrowers and lenders.
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From southbendtribune.com
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Subprime lending has triggered a global financial crisis, but it remains misunderstood.
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From rss.topix.net via
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The bank has no official position on the subprime crisis, the spokesman said, but is a member of the Financial Services Roundtable and other industry groups ...
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