All Posts Tagged With: "history"
FHA Mortgage Basics
It all started in the 1930s when the government began insuring home mortgages. This was a big deal because it meant that homes could be purchased with little down and with loans that lasted more than five years — the norm at the time. Since the program began in 1934 the government has insured more [...]
9Dec2009 | Peter G. Miller | 1 comment | Continued
Can The Government Stop Lender Foreclosures?
Foreclosure moratoriums have probably been more common then most people realize — and more discomforting than lenders would like. As examples: *Lee J. Alston, in Farm Foreclosures in the United States During the Interwar Period, says farm foreclosures were banned in 26 states during the Depression years. *During the 1980s the Farmers Home Administration created [...]
2Dec2008 | Peter G. Miller | 0 comments | Continued
Should We Have A Foreclosure Moratorium?
With the rapid increase in foreclosures nationwide, it follows that there would be a call for a foreclosure moratorium. Now such a call has come from several of the nation’s leading civil rights organizations, organizations asking for a ban on foreclosures for the next six months. Subprime loans are tailored to meet the needs of [...]
24Sep2008 | Peter G. Miller | 0 comments | Continued
Do We Need A Dow 2.0?
Like oxygen, reports on the daily doings of the Dow Jones Industrial Average are everywhere. It’s the fastest way to check Wall Street’s pulse and the one benchmark most likely to be quoted in the morning paper and the nightly news. There are 30 companies which comprise the DJIA, but not the same companies all [...]
13Sep2008 | Peter G. Miller | 1 comment | Continued
Where Can I Get Information Concerning The 11th District COFI?
Extensive information, including index levels for the past 20 years, is available from the Federal Home Loan Bank of San Francisco. For the latest 11th District rates, press here. Technorati Tags: 11th, cost, District, funds, history, information, rates
30Aug2008 | Peter G. Miller | 0 comments | Continued
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