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Results for mortgage securities. Search took 0.42 seconds.
Do you still have faith in Obama's stimulus plans?
in The Mortgage Roadmap, on July 10, 2009
I happily voted for Barack Obama last year. I was thrilled to see George Bush and his cronies swept away.
But I had no illusions: I knew that fixing the country's problems, especially its struggling economy, would require a long, hard slog. I knew, too, that things weren't magically g...
Why it matters if your neighbor's struggling to pay the mortgage
in The Mortgage Roadmap, on July 9, 2009
...
You might not want the federal government to bail out your neighbors who took out bad mortgage loans and now can't pay their monthly bills on time.
Most of them were greedy, you might say. ...
Los Angeles leads nation in mortgage fraud
in The Mortgage Roadmap, on July 8, 2009
...If you own a home in Los Angeles, watch out for the scammers. Your city leads the nation in mortgage fraud , according to the FBI's annual mortgage fraud review.
The FBI's Los Angeles field ...
Beware loan-modification scams
in The Mortgage Roadmap, on July 7, 2009
...ils the plight of a Hesperia, Calif., homeowner who thought she was working with officials from her mortgage lender to modify her mortgage loan. The homeowner paid more than$5,000 that she thought was...
Taking out a mortgage loan without going mad
in The Mortgage Roadmap, on July 6, 2009
...There's one secret to taking out a mortgage loan without losing your mind: Don't obsess over those mortgage interest rates.
Unfortunately, this is the one piece of advice very few borrowers l...
Housing slump boosts population in New York City, other big cities
in The Mortgage Roadmap, on July 3, 2009
The housing slump has certainly had some unforeseen consequences. For instance, it may have actually helped boost the number of people living in New York City, Los Angeles and Chicago.
A story by Bloomberg News theorizes that falling home values in the suburbs of California and Florida may h...
It's getting tougher to get a mortgage-broker license
in The Mortgage Roadmap, on July 2, 2009
...It's harder to become a mortgage broker these days. Of course, it seems like an ever dwindling people want to be mortgage brokers today. Maybe, then, it's an example of everything working out ...
Are you ready for a mortgage loan?
in The Mortgage Roadmap, on July 1, 2009
...ut to be a homeowner right now. You may not be financially ready to take on the burden of a monthly mortgage payment.
Look at your history of paying your existing bills. Are you ever late sending in ...
Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
...as called for the creation of a new consumer protection agency. The agency would have dominion over mortgage lenders. And as part of their new rules, mortgage lenders would have to offer customers wha...
Madoff gets the max! What now?
in Sox First, on June 30, 2009
... of corporate greed. But he was allowed to get away with it for years. We can blame the incompetent Securities and Exchange Commission turning a blind eye. Surely, the SEC should be brought to account...
Would you walk away from your mortgage loan?
in The Mortgage Roadmap, on June 29, 2009
...occurrence in today's housing market — would you be willing to simply walk away from your mortgage? Would you have any qualms about not making that monthly payment and simply leaving your ho...
Dragging out the foreclosure mess
in The Mortgage Roadmap, on June 26, 2009
...cording to a story in the Washington Post, a growing number of homeowners have stopped paying their mortgage bills. But they're still living in their homes. That's because there are so many fo...
Home sales rise again. Is this a housing recovery?
in The Mortgage Roadmap, on June 25, 2009
...go-go pace of the recent housing boom. That market was one built on false promises of wealth and on mortgage money that was too easy to get.
Those days are behind us. And, really, that's good new...
Don't believe the homeownership hype
in The Mortgage Roadmap, on June 24, 2009
...#39;s a simple reason for this: Homes aren't as good of an investment as real estate agents and mortgage loan officers make them out to be.
Yes, homes historically have risen in value. There'...
Did Sonia Sotomayor's mortgage views help send county into recession?
in The Mortgage Roadmap, on June 23, 2009
...ar conservative commentators on FOX News and other stations putting the blame for the country's mortgage meltdown on the poor and on the federal agencies that tried to get them into homes.
Their ...
Beware of loan-modification scams
in The Mortgage Roadmap, on June 21, 2009
...wing, too: loan-modification scams.
The scammers target homeowners who have fallen behind in their mortgage payments or those who are facing foreclosure. They promise to modify these homeowners' ...
A new wave of mortgage foreclosures on the way?
in The Mortgage Roadmap, on June 18, 2009
...hink that we'll be seeing fewer homes fall into foreclosure, and fewer homeowners missing their mortgage payments.
I'd like to think all that. Unfortunately, I can't.
What I really think...
Do you trust the government to protect you from mortgage lenders?
in The Mortgage Roadmap, on June 18, 2009
...
Do you have faith that the government can protect you and other borrowers from bad mortgage loans pushed by shady mortgage lenders? If you answered "yes" to this question, you'll be...
Does Obama's patchwork overhaul go far enough?
in Sox First, on June 18, 2009
...y, advisers of hedge funds whose assets exceed a certain size will be required to register with the Securities and Exchange Commission. As I said, it all makes sense and is long overdue. But will it ...
Does owning a home have to be the American Dream?
in The Mortgage Roadmap, on June 17, 2009
...for our problems, don't we? And today, a lot of us are busy looking for people to blame for the mortgage meltdown the country is currently suffering through.
You know all about the meltdown: Hous...
Higher mortgage interest rates putting a scare in homebuilders
in The Mortgage Roadmap, on June 15, 2009
...no surprise, then, that home builders are spooked rather easily these days.
Today it's higher mortgage interest rates that are giving builders the willies. A story in the Wall Street Journal po...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
...One of the problems with the mortgage mess that is still slowing the nation's economic recovery is that so few of us regular homeowners understand how everything went so bad so fast. I mean, I cov...
Want a better credit score? Manage your money
in The Mortgage Roadmap, on June 12, 2009
...round. For most, though, the credit score is the key to determining whether they will qualify for a mortgage loan.
Lenders want to see a high credit score — a numerical figure that encapsulates...
Will rising mortgage interest rates stop housing recovery?
in The Mortgage Roadmap, on June 11, 2009
...
Mortgage interest rates are still pretty low. But they are rising. That has some economists worried. They're wondering whether increasing mortgage interest rates will slow or even halt the mo...
Is it time to refinance your mortgage?
in The Mortgage Roadmap, on June 10, 2009
...ble. Yes. But there is a bright spot for certain homeowners: The weak economy has resulted in lower mortgage interest rates. That means it's a good time to refinance a mortgage loan.
Of course, e...
PCAOB chairman Mark Olson quits. What now for Sarbanes-Oxley?
in Sox First, on June 9, 2009
...lt in a rethink of Sarbanes-Oxley. Another explanation might be that Olson was appointed by former Securities and Exchange Commission chief Christopher Cox. He is gone and a new administration and ag...
Are reverse mortgages the next trouble spot?
in The Mortgage Roadmap, on June 8, 2009
...
I've learned not to necessarily trust everything that mortgage professionals say. But that's because I've been covering the mortgage and real estate industries for more than a decade ...
Wells Fargo accused of pushing bad loans on African-Americans
in The Mortgage Roadmap, on June 8, 2009
...
Whenever I tell people that borrowers shouldn't always be blamed for the bad mortgage loans that they take out, I get sneers. These borrowers should have done their homework before taking out...
Banks fight to keep accounting tricks
in Sox First, on June 6, 2009
...he banks to take that lying down. Up until now, the banks had kept assets and liabilities including mortgages and credit-card receivables off their balance sheets and regulators say the change will re...
Rising healthcare costs put strain on homeowners
in The Mortgage Roadmap, on June 4, 2009
...re, too. Of course, the two are related.
But unemployment isn't the only factor in the rise of mortgage delinquencies and housing foreclosures we're now seeing. Credit card debts are high, to...
Mortgage delinquencies not slowing
in The Mortgage Roadmap, on June 2, 2009
...their headlines.
Yesterday, in fact, brought me more bad news. I cover residential real estate and mortgage financing for a living. I'll be honest: It's been a pretty glum beat the last year-...
Be honest with your finances before taking on a mortgage
in The Mortgage Roadmap, on June 2, 2009
...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 mon...
SEC probe uncovers problems
in Sox First, on June 2, 2009
...
All is not well at the Securities and Exchange Commission. Read through the report of the SEC Inspector General and weep. Shake your head in disgust because the report makes it clear that the th...
Even Hollywood hates mortgage loan officers these days
in The Mortgage Roadmap, on June 1, 2009
... Sam Raimi, received mixed reviews last week. But it certainly can't be the critical darling of mortgage loan officers.
That's because the star of the film, the person being dragged to Hell, ...
More bad news: Mortgage delinquencies on the rise
in The Mortgage Roadmap, on May 29, 2009
...at the nation's rising unemployment rates helps push a record number of homeowners into either mortgage delinquency or foreclosure .
According to the Post story, about 12.07 percent of the natio...
More housing woes
in Sox First, on May 29, 2009
...dam York, an economist at Wachovia Corp. in Charlotte, North Carolina told Bloomberg . But the Mortgage Bankers Association's mortgage delinquency figures suggest the bottom is nowhere in si...
Mortgage interest rates went up. Don't panic!
in The Mortgage Roadmap, on May 28, 2009
...Yes, mortgage interest rates rose this week. According to Bankrate.com , the average 30-year fixed-rate mortgage loan carried an interest rate of 5.45 percent. That's up from 5.24 percent a week ...
Is your credit score falling?
in The Mortgage Roadmap, on May 27, 2009
...
There's one number that means more than all the rest when you're applying for a mortgage loan: your credit score.
Also known as your FICO score, this number condenses your history of pa...
More on the Satyam-PWC scandal
in Sox First, on May 27, 2009
...esolve it then. Clusterstock has come up with its own radical solutions. These include nuking the Securities and Exchange Commission which has failed to protect investors, stop letting companies hir...
Loan modifications not always helping homeowners
in The Mortgage Roadmap, on May 26, 2009
...mportant part of the federal government's efforts to halt foreclosures. Basically, they involve mortgage lenders working closely with struggling homeowners - those who are having trouble making th...
You can lower your mortgage interest rate -- BEFORE you take out that loan
in The Mortgage Roadmap, on May 25, 2009
...
The average mortgage interest rate on a 30-year fixed-rate mortgage loan last week was still below 5 percent. Historically, that's an amazing rate.
That doesn't mean, though, that there...
How low will interest rates go? Who knows?
in The Mortgage Roadmap, on May 22, 2009
...Applying for a mortgage loan — whether it's a new loan or a refinance — sometimes feels like a big gamble.
Interest rates on the 30-year fixed-rate mortgage loan may stand at 5.1 perc...
The refi money is still flowing
in The Mortgage Roadmap, on May 21, 2009
...ill slumping housing market: The government has consistently made moves that have resulted in lower mortgage interest rates.
This means that buyers who qualify for mortgage loans at an interest rate ...
The recession: blaming the business schools
in Sox First, on May 21, 2009
...h, Hank Paul-son, the former US Treasury secretary, and Christopher Cox, the former chairman of the Securities and Exchange Commission (SEC), a remarkable trinity who more than fulfilled the mission o...
Will credit card bill stall mortgage foreclosures?
in The Mortgage Roadmap, on May 20, 2009
...ween this spiraling credit card debt and housing foreclosures? Probably. It's hard to make your mortgage payments when you're already deep in debt.
The numbers on the foreclosure side are eve...
How bad is the housing market? That depends
in The Mortgage Roadmap, on May 19, 2009
...
So you're looking to buy a home. You're interested in a mortgage loan. But you're wondering: You've heard some good news recently regarding the U.S. housing market. Has a recovery...
Will federal mortgage loan assistance hurt your credit rating?
in The Mortgage Roadmap, on May 18, 2009
...For homeowners struggling to make their mortgage payments, the federal government's new Making Home Affordable program — which lets homeowners refinance their existing mortgage loans or mo...
Times' reporter's story a reminder: It's easy to fall into foreclosure nightmare
in The Mortgage Roadmap, on May 15, 2009
... ear. They tell me that they're frustrated that homeowners who were simply greedy, and took out mortgage loans with artificially low initial interest rates, are now placing a burden on the rest of...
More bad news: Housing foreclosure activity remains at record levels
in The Mortgage Roadmap, on May 14, 2009
...e prospect of losing their residences.
But if you do find yourself falling behind on your monthly mortgage payments, you must call your mortgage lender immediately. Remember, your lender sees no fin...
Looking to buy? Your mortgage loan might be smaller than ever
in The Mortgage Roadmap, on May 13, 2009
...tes — than it's been in years. And this means that many buyers will be taking out smaller mortgage loans in order to purchase these homes.
Bloomberg reported that the nation's median h...
Hedge Fund Administrator of The Year
in The Hedge Funds Weblog, on May 13, 2009
... Nordic institutions.
The Global Awards judging panel included Dr Werner Frey, CEO of the European Securities Forum and Angela Knight, CEO of The British Bankers Association.
More about the awa...
Navigating the new mortgage roadmap
in The Mortgage Roadmap, on May 12, 2009
...I applied for my most recent mortgage loan back in 2006. You might remember that this was right before the housing boom ended and the housing crash began. Bad timing on my part. Today, my home is wort...
GAO slams SEC
in Sox First, on May 9, 2009
...
The Securities and Exchange Commissions stuffed up big time with Bernard Madoff, letting him get away with his fraud for some time. It failed to do its job and protect investors. Now a Governmen...
Madoff's son in slug fest
in Sox First, on May 6, 2009
...nto a Wall Street warrior defending dad's not so good name. The story about his fist fight with securities trader Reed Abend came out on the Dealbreaker blog last week. Apparently, young Madoff ...
The next accounting battle
in Sox First, on May 3, 2009
...s this month. More details here . CFO.com reports how James Kroeker, acting chief accountant at Securities and Exchange Commission says it will eclipse fair value as a painful issue for accountant...
Ratings agency crackdowns
in Sox First, on May 1, 2009
...isconduct. This is not before time but it does leave one wondering why it's taken so long. The Securities and Exchange Commission is cracking down on conflicts of interest at the rating agencies ...
HedgeCo.Net Spring Manager Showcase on Wed next week
in The Hedge Funds Weblog, on April 26, 2009
... HedgeCo.Net and HedgeCo Securities is holding the Spring 2009 Manager Showcase. This event is open to all accredited HedgeCo.Net members and will profile some of the leading fund managers.
T...
TARP fraud investigations
in Sox First, on April 21, 2009
...andon its planned structure for buying the toxic securities, which include intricate bundles of bad mortgages and loans. That's unlikely to happen which means we will get more fraud investigations... ...s open to fraud and now we have the Los Angeles Times telling us of criminal probes into possible securities fraud, tax violations, insider trading and other crimes related to the $750 billion bailo...
More bad news ahead, says Roubini
in Sox First, on April 8, 2009
...g a steep decline in the the use of credit cards and Reuters reporting that 7% of homeowners with mortgages were at least 30 days late on their loans in February, up 50% from a year ago. The scary p...
Fake Accounting Standards Board strikes again
in Sox First, on April 6, 2009
...ce Rule Change Lets Banks Reinvent the Past . The FASB now allow banks to stick impaired financial securities into a balance sheet dumping ground called "Other Comprehensive Income". That w...
Corsair Officially Launches the Voyager Port
in On Storage, on April 2, 2009
...backup and recovery software.
"With 64 GB pen drives now costing somewhat less than a second mortgage - and ever larger units doubtless on the horizon - it's a neat idea, but one which can ...
Japan's economic collapse
in Sox First, on March 30, 2009
... shrinking 9.4% . Last week, we had reports of retail sales in Japan falling 5.8% and Macquarie Securities has told Bloomberg that deflation has taken over again. Japan's finance minister Ka...
Pay Less On Your Taxes This Year
in The Personal Finance Weblog, on March 27, 2009
...uch as a wedding, a new child, unemployment, received an inheritance, paying for education, a new mortgage, etc. This could mean that you have more to report or it could result in a change of status.
...
New directions on the IFRS roadmap
in Sox First, on March 25, 2009
...ble and that "we are 80% there." That's not withstanding the comments made by the new Securities and Exchange Commission chief Mary Schapiro. McGregor told me we could just ignore her. Y...
US dollar under fire
in Sox First, on March 24, 2009
...o change in the short term because central banks around the world hold more U.S. dollars and dollar securities than they do assets denominated in any other individual foreign currency. Still, the fact...
Maddoff's accountant: bring on the rest
in Sox First, on March 19, 2009
...
The US Securities and Exchange Commission charging Bernard Madoff's accountant David G. Friehling, with securities fraud, aiding and abetting investment adviser fraud, and four counts of fil...
Mortgage fraud and AIG
in Sox First, on March 17, 2009
...
Mortgage fraud is on the rise, up 26% , and it's a serious problem. Fewer loans are being processed but there's more fraud, suggesting there is a real sickness in the system. It means peo...
Madoff to jail, SEC in the dog house
in Sox First, on March 13, 2009
...
So Bernard Madoff is now in jail after pleading guilty to 11 charges including securities fraud. And he has apologised to the investors he scammed, claiming he was "painfully aware" th...
5 Reasons to Get Out of Debt Quickly
in The Personal Finance Weblog, on March 6, 2009
...19
Besides not being able to save money, being in debt is a terrible place to be - not counting a mortgage or car payment. It is not a desirable place to be. Instead, start calculating ways to get o...
