Real Estate Foreclosure Blog
On Thursday 20th May 2010 the Senate gave the green signal to expansive monitoring on the activities of Wall Street. The government oversight over the complicated banking and financial operations that have increasingly become complex, has been expanded.
The law targeted prevention of a rerun of the financial crisis. On the positive [...]
Freddie Mac after being in trouble during the first quarter facing losses is seeking more aid to the tune of $10.6 billion. This is another indication that the taxpayer has to bear more of the burden since the housing market is far from stable.
Freddie Mac is basically owned by the Federal Government. In 2008 September [...]
Most of those involved in the financial market agree that the ratings of CDOs were very questionable and poor. Why was it so and can alternatives prevent a repeat of such behaviour in the future?
It is all related to the type of competition within the NRSRO. Theoretically speaking it is healthy for the rating agencies [...]
The dollar can be stretched by resorting to planning and frugality. Paying off bills is as important as paying into the savings kitty of yourself. This has to be maintained even during rough weather as far as possible.
Sandra L. Thompson of FDIC’s Division of Supervision and Consumer Protection said, “During tough financial times, you may [...]
Debts on residential houses are weighing down like millstones round the necks of borrowers. One of the victims is Richard Hallbeck of the Air Force and his wife Laurie residents of Southern California. During the time of the housing bubble when the price of houses had doubled during the previous five years and continued [...]
The dirty linen from Wall Street is fluttering from the clothes line on the rooftops. It has been a tense drama depicting how Wall Street pulled down the financial crisis on its own head. The cast of the drama runs into thousands ranging from those who were most guilty to those who were the greatest [...]
The home market in South California showed signs of recovery. The average sales prices of homes as well as home sales have improved from last year’s figures. Buyers scurried to take advantage of tax credit, plunging interest rates and cheap prices of foreclosed homes.
In fact, the average price of homes increased by 14 per cent [...]
Sarah Bloom Raskin the financial regulator of Maryland has got the nomination for the Federal job in the Reserve Board. She has always taken a deep interest in the impact of the economy on day to day life. Her impetus has kept the people of Maryland from being subjected to scams, being foreclosed upon or [...]
Real Estate Foreclosure Blog