- Happy Thanksgiving! Judge Gives Debt-Ridden Couple a House
- This Long Island couple certainly has something to be thankful for this Thanksgiving. Greg Horoski and his wife, Diane Yano-Horoski, were on the verge of being tossed out of their ranch home in East Patchogue. They owed $525,000 in…
- NBC New York
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- 18 minutes ago
- CRM Trends and Misconceptions
- So for example, the sub-prime mortgage mess started as a trend to make mortgages affordable to more people. It gained steam as unethical mortgage brokers, looking for a quick buck, began selling so-called NINJA loans (no income, no job or…
- E-Commerce Times
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- 47 minutes ago
- For Banks Flush With Trading Profits, Securitization Is Poised…
- The following is the second part of a 2-part series of posts on the future of the securitization business. To read Part I, which details a less rosy outlook for credit derivatives, go here . Securitization is the process of creating…
- BNET
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- 1 hour ago
- Onward, Christian Subprime Lenders?
- ... reported Tuesday that nearly one in four mortgage borrowers owe more than their houses are worth. And as noted here previously, more than one in seven borrowers either is delinquent or actually is in foreclosure (" Housing ... with…
- Barron's Online
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- 2 hours ago
- Latest Articles
- Wells Fargo is one name that pops up repeatedly. African Americans were four times more likely to be given subprime loans even though the vast majority of applicants met the standards for conventional prime mortgages. To their credit, the…
- Dissident Voice
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- 3 hours ago
- Judge blasts bad bank, erases 525G debt
- A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present -- canceling their debt to ruthless bankers trying to toss them out on the street. Suffolk Judge Jeffrey Spinner wiped out $525,000 in…
- New York Post
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- 2 hours ago
New York Post- What was really behind last year's market crash?
- Figures are payments made to American banking bosses in 2006, the 'bubble' year. They include annual salary, cash bonuses, share and stock options Economics, when you strip away the guff and the mathematical sophistry, is largely about…
- The Guardian
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- 2 hours ago
The Guardian- Rep. Keith Ellison, the Islamists' Man on Capitol Hill
- As a U.S. representative, Keith Ellison's primary responsibility is to represent his constituents in Minnesota's 5th congressional district. The first Muslim elected to Congress, Ellison, a Democrat, also seems to feel an obligation to be…
- Family Security Matters
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- 6 hours ago
- Capital Sources
- ow that PNC Bank has unveiled its signage and formally tossed its hat into the South Florida banking arena, the Pittsburgh-based regional power is preparing to go head-to-head with other recent big-name arrivals. “PNC brings some stability.…
- Daily Business Review
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- 6 hours ago
Daily Business Review- September's weak gain in home prices could be ominous
- What's my monthly income, and how much is my monthly mortgage payment going to be?" is apt to be the questions driving buyer mentality, Findlay said. "Three years ago they were willing to take the risk, and today they are on the other end…
- Los Angeles Times
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- 6 hours ago
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