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The Goldman Sachs-Rolling Stone slugfest
in Sox First, on July 3, 2009
...itizens broke and starving, they begin the entire process over again, riding in to rescue us all by lending us back our own money at interest, selling themselves as men above greed, just a bunch of re...
It's getting tougher to get a mortgage-broker license
in The Mortgage Roadmap, on July 2, 2009
...s impossible to keep all the bad eggs out of an industry. But back when I was covering the mortgage-lending industry in the mid- to late-1990s, I'd come across lenders who knew nothing about banki... ... industry in the mid- to late-1990s, I'd come across lenders who knew nothing about banking, budgets or financial matters. Yet here they were, handling the biggest transactions that most people ev...
Gem Designs by Palermo Jewelry
in The Jewelry Weblog, on July 2, 2009
... 14K link chain crosses over the center stone's top and wraps around the ring's gallery, lending the unique piece a romantic medieval sensibility.
$600
14K Gold Palermo Gemstone Hidden F...
Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
... or any of the other fancy stuff that got so many borrowers in trouble during the subprime mortgage-lending crisis — if they choose.
But the Washington Post today asks an important question: Wh...
Beware the China bubble
in Sox First, on June 29, 2009
...an asset price bubble in that market. There was 4.57 trillion yuan (or about $US670 billion) of new lending pouring into the market but most of that was on speculative assets, not the real economy. F...
Did Sonia Sotomayor's mortgage views help send county into recession?
in The Mortgage Roadmap, on June 23, 2009
.... The middle-class greed buyers, again, are just one small part of the problem. The entire mortgage-lending industry is to blame, everyone from sleazy mortgage brokers to greedy borrowers to easily pu... ...ample of this at The Business Insider's Clusterstock column written by John Carney. Carney targets Sonia Sotomayor, Pres. Barack Obama's nominee for a seat on the Supreme Court, for the time...
Survival strategies for a deepening recession
in Sox First, on June 23, 2009
...nomy will shrink by nearly 3 per cent this year, a situation created by plunging trade and business lending. And world trade will contract by a gob-smacking 48%, from $707 billion in 2008 to an antici...
Beware of loan-modification scams
in The Mortgage Roadmap, on June 21, 2009
...The key to avoiding these scams is to do one of two things: First, work directly with your mortgage lending company to forge a solution to your mortgage-payment problems. If you're uncomfortable d...
Mafia cashes in on crisis
in Sox First, on June 19, 2009
...berg reported about the mafia's money laundering and using its hoard of cash for investing and lending money to those who can't get it from the banks. As reported here , Italy's shopkee...
Do you trust the government to protect you from mortgage lenders?
in The Mortgage Roadmap, on June 18, 2009
...ministration is pushing for the creation of a new consumer agency designed to oversee the mortgage-lending process .
If you answered "no" to the question? Then you're probably less tha...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
...an learn everything you ever wanted to know — and then some — about mortgage loans, bad lending practices, subprime mortgages and the reasons why the mortgage industry went so wrong: It...
Subprime and racism
in Sox First, on June 7, 2009
...ts that Well Fargo employees employees referred to blacks as "mud people" and to subprime lending as "ghetto loans". Furthermore, there are claims that the bank targeted black chur...
Mortgage giant Mozilo charged with fraud
in The Mortgage Roadmap, on June 5, 2009
...inpoint the villains who really brought on the housing mess, look at the top levels of the mortgage-lending industry.
That's where you'll find people like Angelo Mozilo, former head of Co...
Mortgage delinquencies not slowing
in The Mortgage Roadmap, on June 2, 2009
...;ll still open my paper tomorrow morning. Maybe, just maybe, there'll be a bit of good mortgage-lending news inside it. You never know, right?...
Be honest with your finances before taking on a mortgage
in The Mortgage Roadmap, on June 2, 2009
Many things have caused the housing slump the country is still working through.
But one of the biggest factors? Borrowers weren't honest with themselves before taking on their mortgage loans.
A mortgage loan is a huge responsibility. For most people, it's the biggest monthly expense they&...
Cashing in on the disgust with banks
in Sox First, on May 19, 2009
...nancial crisis. To put it bluntly, banks will be losing market share to such forces as peer-to-peer lending, Islamic finance, boutique advisory firms and retailers setting up their own banks. All of t...
Financial crisis winners to hurt banks
in Sox First, on May 15, 2009
...their reputations and damaging relationships. Another big winner comes in the form of peer to peer lending platforms where savers pool money and lend to borrowers. Some good examples are Prosper wh...
More bad news: Housing foreclosure activity remains at record levels
in The Mortgage Roadmap, on May 14, 2009
You can always count on RealtyTrac for bad news, at least these days.
The online provider of foreclosure data didn't disappoint this month, when it released its April foreclosure report . The report showed that housing foreclosure activity remained at record levels during the month.
Acc...
Looking to buy? Your mortgage loan might be smaller than ever
in The Mortgage Roadmap, on May 13, 2009
...day.
And qualifying for a mortgage loan today is more difficult, as lenders, stung by the subprime lending crisis, are doing everything they can to avoid passing out mortgage money to borrowers who m...
Downturn easing without recovery
in Sox First, on May 12, 2009
...the Fed's measures and government guarantees mean that banks have access to low-cost funds, and lending rates are high. If nothing nasty happens - losses on mortgages, commercial real estate, busi...
No recovery yet
in Sox First, on May 8, 2009
Is the US economy on its way to recovery or not? Some would point to the results of the bank stress tests as a green shoot with 10 of the 19 largest banks needed to boost their capital by a combined total just shy of $75 billion. Not as much as many expected, prompting officials and industry ex...
HP拟1亿美元新建科罗拉多州数据中心
in Wangtam, on April 29, 2009
...s for Lending
• 国美大批关店 苏宁加速扩张
• Microsoft debuts Vine in Seattle: Twitter+Facebook on steroids
• MLB Nearing $1 Million In iPhone Revenue
• Clive Thompson on Puzzles and the Hive Mind
• Glas...
The story of the Kiva from its founder
in Audeamus - How dare we..., on March 22, 2009
... Jessica Jackley Flannery, an MBA graduate who founded Kiva, the micro lending website has written the story of she came up with the idea of her company in Stanford Social Innovation Review (It'...
Ideas for social entrepreneurship in crisis times
in Audeamus - How dare we..., on March 22, 2009
...y's environment. You can also feel free to add yours in the comment section:
1) Peer to Peer lending businesses: Africa has low cash now; there are several reasons behind this: There are less ... ...ate some sort of communal hedge fund and allow community members to submit ideas that the community gets to approve funding for.
2) Using frequent fly points to feed the poor: Currently many busin...
Should Businesses Take on Debt Now?
in Biz Plan Hacks, on March 21, 2009
...g a recession. The piece in timely because the Obama Administration recently unveiled plans to spur lending to small businesses.
Karen E. Klein talks in the article to Sanford Ehrlich, executive dir...
Obama Set to Help Small Business
in Biz Plan Hacks, on March 16, 2009
...ke it easier for small business owners to borrow money, using $730 million in stimulus funds to cut lending fees, boost loan guarantees and expand other programs, officials said.
"We know that s...
James Galbraith: Obama not solving the financial crisis
in Sox First, on February 27, 2009
...stimony here and elsewhere: they will not return to ordinary commercial, industrial and residential lending until they can see a reasonable way to make money at it... More likely, they will hunker dow...
Auto catastrophe
in Sox First, on February 27, 2009
... No doubt, the US Government will continue bailing out the auto industry. But until the banks start lending again, the car makers will continue to bleed badly. And cost US taxpayers billions....
The vagueness of Obama
in Sox First, on February 26, 2009
... CFO.com reports , it was just too vague on important issues like how the banks are going to start lending again and what's needed to make them do it. And there are still questions over whether b...
The Bernanke-Obama dance
in Sox First, on February 25, 2009
...cover in 2010. That, of course, is assuming that the White House's latest bail-out will unblock lending to households and businesses. in a nice two-step routine, Barack Obama has come out saying...
Citigroup - first National Bank?
in Sox First, on February 23, 2009
...nancial rescue. That test would assess whether they would have enough capital necessary to continue lending and to absorb more losses. So what to make of this? It's not clear whether this has bee...
Geithner's vague debut
in Sox First, on February 11, 2009
...detail on the price for bad assets and how much capital needs to be injected into banks to get them lending again. Instead, the administration is giving the world the impression that it's flounder...
Bank bailout failure
in Sox First, on February 3, 2009
...doors before the year is out. Then there is the latest Senior Loan Officer Opinion Survey on Bank Lending Practices showing that two out of three banks have tightened lending standards and demand f... ...nks closing in January. The year had barely started. And Obama has warned that no matter how much gets handed out, some banks are going to fail. Which means many more will be closing their doors bef...
Citigroup greed
in Sox First, on February 2, 2009
...riticism all around, including questions raised by President Obama. The it got into trouble over lending its name to a new stadium for the New York Mets baseball team. And now, we have reports t...
Microsoft launches supply chain center of excellence with Infosys
in Supplychainer, on January 31, 2009
... Center is the first initiative from the two companies following the inking of an alliance aimed at lending a helping hand to manufacturers when it comes down to the complex management process associa...
The meltdown's rogue gallery
in Sox First, on January 26, 2009
...he housing bubble to develop as a result of his low interest rates, who failed to regulate mortgage lending, who defended the derivatives business which mushroomed under his regime and who backed sub-...
What's ahead for US financial institutions?
in Sox First, on January 6, 2009
...ebuilding infrastructure, reinventing the Reconstruction Finance Corporation to keep firms alive by lending them money to roll out their operations and fund their growth and raising the basic Social S...
Economic forecasts - dark days ahead
in Sox First, on December 22, 2008
...he worst since the Great Depression of 1929. "The lack of confidence is total. The inter-bank (lending) market is not functioning and this is generating vicious cycles: consumers are not consumin...
younoodle - or what is your startup worth?
in TJ's Weblog, on December 18, 2008
...Its approach is certainly interesting - credit score algorithms have helped to create a much bigger lending market in the US that reduces complexity and risk (at least as long as you make many loans)....
Bernanke the banker
in Sox First, on December 17, 2008
...and the banks want to hoard it. When things start returning to normal, the banks will want to start lending it out. If that much money is left in the monetary base, it would be extremely inflationary,...
Why did the housing meltdown happen in the US?
in Sox First, on December 8, 2008
...g riskier loans. And finally, there was the unique role of securitisation which encouraged subprime lending. The big question for the US now is whether the egg can be unscrambled. Given that this is ...
Why the bailout won't save automakers
in Sox First, on December 2, 2008
... GM board member Jerome York has told Bloomberg that they will need lots more. He says just their lending arms will need another $100 billion. As columnist Jack Kelly writes, it's not going to...
The Subprime Solution - Robert Shiller
in Sox First, on December 1, 2008
... experience several years of a bad economy, as occurred, for example, after the profligate mortgage lending booms in both Sweden and Mexico in the early 1990s. There could be another 'lost decade&...
Merkel's attack
in Sox First, on November 27, 2008
...or causing the economic crisis by flooding the system with cheap money and then the banks for not lending money. But you would have to wonder about Merkel's inflexibility, particularly her refu...
Nicky Butler Jewelry
in The Jewelry Weblog, on November 21, 2008
...st oval rose quartz stone (approx. 10x14mm) sparkles from a bezel setting at the ring's center, lending a sweet pink hue to the ring.
$80
The heirloom-like jewelry Nicky Butler is known for stems...
AIG's bigger bailout
in Sox First, on November 10, 2008
...rotection. A second vehicle would be set up to solve the liquidity problems in AIG's securities-lending business. The business involves lending out securities to short sellers or others and invest...
Deutsche Bank's accounting shell games
in Sox First, on November 5, 2008
... rose in value, showing the banks to be strongly capitalized. The message: the banks are capable of lending even more. But when the US subprime loan market collapsed, resulting in the credit crunch, t...
Prosper.com: No New Loans
in The Personal Finance Weblog, on October 16, 2008
...e's been a lot of hype about a newish Web site called Prosper.com that facilitates peer-to-peer lending. In short, you can go to the site and either try to secure a loan from other people that vis...
Discounted holidays for redundant bankers
in Wandalust, on October 14, 2008
...your area?
The fact is that we'll all probably end up poorer as a result of the irresponsible lending by banks and the tax payers money being poured in to bail out the banks.
...
Bailout blues
in Sox First, on September 25, 2008
...to unload their least attractive securities. "But it wouldn't automatically stimulate new lending, revitalize "securitization" or prevent more 'deleveraging.' Time is neede...
Credit crisis: views from the inside
in Sox First, on September 18, 2008
...is just one step. What's needed is for the central banks to start leaning on the banks to start lending to each other again. Maybe that's why it continues to be a slaughter out there in the ma...
Any signs of life at VMWorld?
in The CIO Weblog, on September 17, 2008
...zation and cloud-like datacenter operations, are basically the same things that Microsoft promised, lending a sort of forlorn "me too" air to what needed to be a significant, groundbreaking ...
Backstage Beauty, New York Fashion Week: Jose Duran
in Are you a beauty?, on September 9, 2008
... brand has long supported emerging, young designers and this season was no different with artists lending their talent backstage at Lorick , Nary Manivong , Diego Binetti , Tamara Pagosian , Ch...
Hedge Fund Round Up
in The Hedge Funds Weblog, on August 21, 2008
... also disclosed a 5.25% stake in medical equipment maker Hill-Rom.
' The Path of Securities Lending - Will It Ever Change? ' and ' Investment Outsourcing for the Hedge Fund World '...
Robin Phillips Jewelry
in The Jewelry Weblog, on July 9, 2008
...meling or introducing heat to color precious metals. Both are very tactile materials lending themselves to a variety of finishes such as texturing, burnishing, high gloss, or a subtle satin.
Natural...
How to Think Like Warren Buffett, Part 31
in The Personal Finance Weblog, on July 1, 2008
...titutions have, however, experienced staggering problems because they engaged in the "weakened lending practices" I described in last year's letter. John Stumpf, CEO of Wells Fargo, aptl...
Banking squeeze
in Sox First, on June 10, 2008
...mminent liquidity problems in one or more large investment banks, banks became increasingly wary of lending to others. At the same time, their own demand for funds jumped as they sought to avoid being...
Less Money for School?
in The Online Universities Weblog, on June 5, 2008
...mortgage industry crisis, says Robert Shireman of the Project on Student Debt, has affected college lending as well, even though most college loans are federally guaranteed. "The problems in the ...
It's Not Stealing; They Prefer to Think of It as Borrowing
in The Personal Finance Weblog, on May 28, 2008
© sves
I would rather lend someone money than lend them my stuff. If you lend money, most people seem to have enough guilt to try to pay you back at some point. But lend your stuff out and people will never give it back. Remember that book you really liked that you raved to your friend about a...
Gorgeous Gold Rings at HSN
in The Jewelry Weblog, on May 21, 2008
...uette with a concave center. Flattened edges and tapered shoulders produce a square shape in front, lending a geometric flair to the dramatic design. Tapered shank. Made in USA.
$124
Sweet! ...
Alternatives to bootstrapping?
in BootStrapMe, on May 11, 2008
...r existing business drawn in turn from an article in the Wall Street Journal :
• On line social lending networks. The post calls this a "credit-union matchmaker" and in this case the exam...
Lending Tree Sues Over Security Breach
in I got Spam?!, on May 2, 2008
... © Mike Licht, NotionsCapital.com
Lending Tree has informed its customers that they may have had their personal information compromised in a security breach. Several former employees are believed...
Hard times: why history is no guide
in Sox First, on April 25, 2008
...capacity to make loans, which is why their balance sheets (and total credit) exploded. That sort of lending is now over "As the imbalances are vast and painful to address, it means that dragging...
When It Comes to Getting Credit, It's Good to be White
in The Personal Finance Weblog, on April 15, 2008
...d in order to make a straight-up comparison? I'm not so sure.
I'm sure it's true that lending institutions overweigh the neighborhood factor in their decisions, so that an average-credit ... ...y used credit cards as the standard, because they are often the first type of credit that an adult gets.)
The real crux of the situation seems to be that if you have bad credit, you're treated th...
Tori Spelling Jewelry
in The Jewelry Weblog, on April 15, 2008
... Necklace
Oval and circle silhouette links join along the necklace via polished double-oval links. Lending a dimensional appeal are large circle links that surround an encased smaller oval link withi...
Another Prosper.com Experience
in The Personal Finance Weblog, on April 3, 2008
...osper last month I had to try it. For those that don't know, it's a person-to-person online lending network. Prosper borrowers seek a cash loan ($25K is the limit one can borrow). They get the... ... and Why Prosper.com Will Succeed . The site has definitely succeeded in that it still exists and gets a lot of press; the jury's still out on whether it's a good place for your investment d...
The Fed, the Bear and moral hazard
in Sox First, on March 25, 2008
...d a dangerous way, I would argue ... You're telling people that even if they have made reckless lending and investment decisions, mismanaged risk or continue to do stupid things, the government wi...
SOX and the Bear deal
in Sox First, on March 19, 2008
...the protracted credit crunch. No longer is the Fed simply pumping money into the economy to promote lending. It is now putting taxpayers on the hook for investments of uncertain value and extending fe...
Greenspan's Bubbles
in Sox First, on March 18, 2008
...curities , collateralized loan obligations and collateralized mortgage obligations that allowed lending institutions to offer products to people who couldn't get loans before, providing home o...
Climate change and banks
in Sox First, on March 13, 2008
Climate change will affect all facets of the financial services industry and all classes of investing. For investors and finance companies, it presents significant risks. It's likely to have a massive effect on the asset values and credit ratings of corporations. This means it will change the...




