Most Recent

• Biggest Threat to the U.S. Economy Is Subprime Defaults, Not Terrorism

  Aug 28, 2007 -- According to a recent NABE Economic Policy Survey, the subprime fallout and other credit problems have replaced terrorism and the crisis in the Middle East as the greatest threats to the U.S. economy.

• Top 5 Riskiest Mortgage Loans

  Aug 14, 2007 -- Not every mortgage loan is created equal. This has been proven over and over again in the last year as national foreclosure rates have skyrocketed. Many of the default issues are resulting from the 5 riskiest mortgage products on the market. Find out what they are here.

• Major Lender Says It's Not Just Subprime Loans Defaulting

  Jul 27, 2007 -- Everyone knows that there is a huge problem with defaults in the subprime sector, but according to reports by Countrywide, a leader in the mortgage lending market, subprime borrowers aren't the only ones falling behind on their loans. Prime borrowers with good credit are also beginning to default in large numbers. The news was a blow to the volatile stock market on Tuesday, and has only helped to strengthen the belief that the housing downturn is far from over.

• Alt-A Mortgage Loan Trouble Will Negatively Impact Sales and Home Values

  Aug 06, 2007 -- Alt-A mortgages made it easy for borrowers to get into the market and helped to propel home prices during the boom. Now these loans are threatening to negatively impact real estate sales and home values.

• 60 Percent of Liar Loan Applicants Exaggerate Income

  May 15, 2007 -- With defaults on the rise, liar loans have been getting a lot of press as of late. Lenders who are comparing loan applications to actual federal tax returns are finding that more than 60 percent of applicants are exaggerating their income to qualify for a loan.

• Update on the Subprime Bailout

  May 11, 2007 -- Riddle: What's expensive, risky, and fuzzy all over? Answer: The plans for a subprime bailout. Get an update here.

• 50 Percent of New York City Homeowners Have Subprime Mortgages

  Apr 12, 2007 -- A new report surfaced yesterday detailing the number of homeowners in New York City with subprime mortgages. The report shows the usage rate of subprime purchase loans has tripled, and it is estimated that 50 percent of the people in the city's 5 poorest neighborhoods have a subprime mortgage.

• What You Need to Know About Subprime Mortgages

  Apr 09, 2007 -- Subprime mortgage loans were meant to give people with blemished credit a chance-and in some cases, a second chance-to take a bite out of the American dream. For awhile, the subprime market worked like it was supposed to. But when lax underwriting standards and a complete disregard for affordability were introduced into the equation, subprime quickly became a dirty word. Fine out what you need to know about subprime mortgages here.

• Could Subprime Loans Be the Least of Our Worries?

  Mar 21, 2007 -- The subprime meltdown has been getting a great deal of press lately. While the crumbling of subprime mortgage market is newsworthy and has the potential to change the lending process as we know it, these loans could turn out to be the least of our worries.

• Government Bailouts Proposed for Subprime Mortgage Victims

  Mar 20, 2007 -- Congress to the rescue! As more and more lenders and borrowers become buried in the subprime avalanche, talk of a government bailout emerges. While some feel a helping hand from the federal government is necessary to keep the housing and mortgage market afloat, others say the subprime 'victims' need to take responsibility for their own actions.

• Subprime Meltdown Ravages Stock Prices

  Mar 14, 2007 -- News of strained lender portfolios and rising mortgage delinquencies led to a broad sell off yesterday. Investors dumped shares of big investment banks and the Dow fell 243 points. The ravaged stock prices suggest the housing market has a ways to go before it will hit bottom.

• Sub-Pime Borrowing Could Be Curbed by New Federal Banking Regulations

  Dec 10, 2006 -- Sub-prime borrowing is on the rise, but new federal banking regulations enacted this fall may constrict the number of loans given out to low-income or credit impaired borrowers. The regulations are being cheered by some and jeered by others. The big question is how will this affect the housing market and mortgage lending as we know it?

August 2007

• Biggest Threat to the U.S. Economy Is Subprime Defaults, Not Terrorism

  Aug 28, 2007 -- According to a recent NABE Economic Policy Survey, the subprime fallout and other credit problems have replaced terrorism and the crisis in the Middle East as the greatest threats to the U.S. economy.

• View more articles from 'August 2007'...

July 2007

• Major Lender Says It's Not Just Subprime Loans Defaulting

  Jul 27, 2007 -- Everyone knows that there is a huge problem with defaults in the subprime sector, but according to reports by Countrywide, a leader in the mortgage lending market, subprime borrowers aren't the only ones falling behind on their loans. Prime borrowers with good credit are also beginning to default in large numbers. The news was a blow to the volatile stock market on Tuesday, and has only helped to strengthen the belief that the housing downturn is far from over.

• View more articles from 'July 2007'...

May 2007

• 60 Percent of Liar Loan Applicants Exaggerate Income

  May 15, 2007 -- With defaults on the rise, liar loans have been getting a lot of press as of late. Lenders who are comparing loan applications to actual federal tax returns are finding that more than 60 percent of applicants are exaggerating their income to qualify for a loan.

• View more articles from 'May 2007'...

April 2007

• 50 Percent of New York City Homeowners Have Subprime Mortgages

  Apr 12, 2007 -- A new report surfaced yesterday detailing the number of homeowners in New York City with subprime mortgages. The report shows the usage rate of subprime purchase loans has tripled, and it is estimated that 50 percent of the people in the city's 5 poorest neighborhoods have a subprime mortgage.

• View more articles from 'April 2007'...

March 2007

• Could Subprime Loans Be the Least of Our Worries?

  Mar 21, 2007 -- The subprime meltdown has been getting a great deal of press lately. While the crumbling of subprime mortgage market is newsworthy and has the potential to change the lending process as we know it, these loans could turn out to be the least of our worries.

• View more articles from 'March 2007'...

December 2006

• Sub-Pime Borrowing Could Be Curbed by New Federal Banking Regulations

  Dec 10, 2006 -- Sub-prime borrowing is on the rise, but new federal banking regulations enacted this fall may constrict the number of loans given out to low-income or credit impaired borrowers. The regulations are being cheered by some and jeered by others. The big question is how will this affect the housing market and mortgage lending as we know it?

• View more articles from 'December 2006'...