All Posts Tagged With: "subprime"
Toxic Loans Threaten Home Values
Stashed away amid the tons of paperwork generated each day in Washington — reading which no one argues is a threat to Shakespeare — is HUD’s 2007 Budget Summary, a document which ought to make a lot of people take notice. “Congress recognizes that today’s high cost loans negatively impact consumers, communities, and the economy. [...]
18Sep2008 | Peter G. Miller | 0 comments | Continued
Subprime Crisis: Serious or Not?
In the past few months there have likely been thousands of articles and blog comments regarding the subprime lending “crisis”. But are such worries overblown? Is there less of a crisis than we think or perhaps even no crisis at all? Speaking at the National Press Club, John Robbins, Chairman of the Mortgage Bankers Association, [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
Tough Lender Rules Meant To Limit Refinancing Options
Imagine driving along the highway. You run over some glass and a tire goes flat. It’s no problem because there’s a spare in the trunk. For the past several years real estate buyers have had a financial spare tire, a back-up system that was always there if times got tough. But now that spare tire [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
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