Blog Detail
The Mortgage Lender Implode-O-Meter
http://ml-implode.com
The Mortgage Lender Implode-O-Meter - tracking the housing finance breakdown, related to Alt-A and subprime mortgages, lending fraud, predatory lending, housing bubble, mortgage banking, foreclosures, debt, consolidation, lawyers
- Added on: Jan 12th, 2009
- Country: United States
- Language: English
Recent Posts
Citizens First tries to reduce mortgage business
"The bank has entered into a partnership with First Preferred Mortgage to offer refinancing incentives to a select group -- about 1,500 of its 11,200 mortgage customers. That means Citizens gets an influx of cash and reduces its "balance sheet, wh...
Republican Senator Robert Bennett Seeks to Permanently Sunset TARP Program
"Over his career, Bennett has raised 3.5 times as much from the finance, insurance and real estate sector than any other sector. Financial interests are his top career supporter, giving him $2.2 million. The top three industries to lend him financial...
More foreclosures on the way for 2010
"Looks like the foreclosure mess won’t be going away anytime soon. Just as all the hoopla over the extension of the home buyer tax credit starts to fade, along comes the The Mortgage Bankers Association to bring the market back to reality. One in s...
New fed housing program involves $29B in financing
"A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday."...
‘Glitch’ could cut jobless benefits for a million
" About one million laid-off workers will see their unemployment benefits end in January unless Congress acts quickly to renew existing federally paid extensions, according to a new report and legislators and state officials."...
Buffett Taps JPMorgan, Wells Fargo for Takeover Loan
"JPMorgan Chase & Co. and Wells Fargo & Co. are arranging an $8 billion loan for Warren Buffett’s Berkshire Hathaway Inc. to help finance the takeover of railroad Burlington Northern Santa Fe Corp."...
