Sorry America, But The Second Stimulus Check May Not Happen After All
Tag: Mortgages
Federal Regulators Are Mortgaging The Country To Wall Street
Federal Regulators Are Mortgaging The Country To Wall Street
Of course, it depends on the debt. Let’s say the long-term debt in question is a 30-year mortgage-backed security comprised of subprime mortgages. Is this really safer for banks than buying some stock in Amazon? Ask Lehman Brothers.
The Bailout Miscalculation That Could Crash the Economy
The Bailout Miscalculation That Could Crash the Economy
A plan to help homeowners avoid foreclosure was good, in principle. In practice, it’s pushed the mortgage business toward yet another potential nightmare
The Bailout Miscalculation That Could Crash the Economy
The Bailout Miscalculation That Could Crash the Economy
A plan to help homeowners avoid foreclosure was good, in principle. In practice, it’s pushed the mortgage business toward yet another potential nightmare
Did the Fed Just Accidentally Trigger a Housing Market Crash?
Did the Fed Just Accidentally Trigger a Housing Market Crash?
By flooding the market with money, the Federal Reserve just accidentally pushed mortgage bankers to the brink of bankruptcy.
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Ms. Cat’s Chronicles 