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ENGINES OF DESTRUCTION / BARRON´S EDITORIAL COMMENTARY ( HIGHLY RECOMMENDED READING )
21 hours ago ago from Gonzalo Raffo InfoNews
MONDAY, DECEMBER 21, 2009 EDITORIAL COMMENTARY Engines of Destruction By THOMAS G. DONLAN Amid the loan-delinquency pileup, Fannie Mae and Freddie Mac need a smackdown. AS A HEARING OF THE HOUSE Oversight and Government Reform Committee opened a year ago to consider " The Role of Fannie Mae and Freddie Mac in the Financial Crisis ," then-Chairman Henry Waxman , Democrat of California , rendered the verdict in advance of the ...
Related contentA Glimpse At The Accessible Mortgage Refinancing Platforms
20 hours ago ago from Real Estate Power Investor Blog
The financial crisis in the United States has placed homeowners in a thick financial situation. Now some are troubled about their ability to pay off their monthly mortgage bills. Luckily, you can touch bases with financial counselors in order to learn which is the best type of loan for your situation. If you feel yourself in a status that will not allow you to pay your mortgage loan, the good news is that there are various mortgage ...
Related contentEconbrowser’s Plan to Fix the Financial System
18 hours ago ago from PrefBlog
James Hamilton of Econbrowser has republished a paper he wrote for the UCSD Economics Department's Economics in Action , with the title What Went Wrong and How Can We Fix It? . He makes a few assertions which I dispute: The institutions that originally made the loans sold them off to private banks or to the government-sponsored enterprises Fannie Mae and Freddie Mac. This system created moral hazard incentives for the originators, ...
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20 hours ago ago from Mortgage News and Mortgage Rates
WASHINGTON Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures and evictions for about two weeks in a temporary break for borrowers during the holiday season. The suspension, announced Thursday by the government View original story
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5 hours ago ago from Mortgage Broker Marketing
The best financial deals are found only after a thorough investigation into home loans and mortgages. Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make it a reality. A mortgage is just like any other product; thus whether it is a home purchase, refinancing or a home equity loan, the price and terms of a mortgage can be negotiated. If you decide to apply for a home equity loan, ...
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