In non-governmental organizations we trust - Toronto Sun

In non-governmental organizations we trust
Toronto Sun
Asked what was new in her field of work, she said: “Subprime mortgages. We're quite worried about them. If things unfold the way we think they might, it could be very, very bad.” How bad? she was asked. “They could cause a new recession, we think,” she ...

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The fear of federal college loans - Janesville Gazette

The fear of federal college loans
Janesville Gazette
In 2010, the Student Lending Analytics blog estimated that, based on loans made in the 2004-07 period, 360000 to 540000 borrowers will end up defaulting on a total of more than $5 billion in subprime private student loans that can't be discharged ...

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Canada's Subprime Crisis Seen With U.S.-Styled Loans: Mortgages - San Francisco Chronicle


Financial Post
Canada's Subprime Crisis Seen With U.S.-Styled Loans: Mortgages
San Francisco Chronicle
30 (Bloomberg) -- Canadian lenders are loosening standards on mortgages that are similar to US subprime loans, posing an "emerging risk" to financial institutions, according to the country's banking regulator. Banks and other lenders are becoming ...
Canada's subprime crisis seen with US-styled loansBangor Daily News
Canada facing subprime mortgage riskFinancial Post
Get Canada Business AlertsHuffington Post Canada

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Flaherty Concerned By Mortgage Lending - Huffington Post Canada


AFP
Flaherty Concerned By Mortgage Lending
Huffington Post Canada
Many experts have pointed to the securitization of mortgages — particularly subprime loans to borrowers who couldn't meet traditional standards — as a key catalyst in America's housing crash as the relationship between the lender and the home-owning ...
Canada's FM 'concerned' about mortgagesAFP
The Globe and MailGlobe and Mail

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Flaherty concerned by mortgage lending - CBC.ca


CBC.ca
Flaherty concerned by mortgage lending
CBC.ca
Many experts have pointed to the securitization of mortgages — particularly subprime loans to borrowers who couldn't meet traditional standards — as a key catalyst in America's housing crash as the relationship between the lender and the home-owning ...
Is mortgage industry running out of money?Vancouver Sun
Flaherty Concerned About Canada Lenders Mortgage PracticesBusinessWeek
Mortgage pullback hints of housing crisis in CanadaToronto Star

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GE lending unit said to be target of US probe - Los Angeles Times


Los Angeles Times
GE lending unit said to be target of US probe
Los Angeles Times
However, he said any allegation that WMC sold fraudulent loans to investors was false. GE acquired WMC near the height of the mortgage boom in 2004, giving it a major presence in the growing subprime lending market. But by 2007 the California lender ...
Feds Investigating Possible Fraud At GE's Former Subprime UnitNJ TODAY
GE's Former Subprime Unit Probed For Possible FraudHuffington Post

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Stingy bankers stall housing market, economist says - STLtoday.com


Fox News
Stingy bankers stall housing market, economist says
STLtoday.com
Yun thinks it's too hard to get a loan these days. Before the housing boom, and the subprime mortgage debacle, the typical person getting a loan backed by Fannie Mae loan had a credit score of 720. Now it's 762. The FHA used to have a typical score of ...
Republican Truth and Real Truth: GSEs and the Housing BubbleHuffington Post
Obama's Refinancing SwindleCounterPunch
Romney buys into the Big Lie on housingSalon
Moneyshow.com -ProPublica
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FHA Raises Subprime Debt Insured for Housing Rebound: Mortgages - BusinessWeek


Daily News Corner
FHA Raises Subprime Debt Insured for Housing Rebound: Mortgages
BusinessWeek
Starting this month, the property is available to buyers with a subprime credit score, limited cash reserves and a 3.5 percent down payment using a loan backed by the Federal Housing Administration. Without the agency, a buyer would need a 20 percent ...
Do you really need to put 20% down?GTN News

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Ex-Credit Suisse Traders To Be Charged Over Subprime Fraud - Huffington Post

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