156 Articles match "2008","Time"

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Don't Dump Investors
See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. 23, 2008.) Our Secretary of the Treasury, Henry Paulson, says “as our economy works through this difficult period, we will look for additional opportunities to try to avoid preventable foreclosures. Long-term holders of real estate have commonly benefited from property prices which have increased faster over time than the rate of inflation, thus creating increased buying power and real wealth. Don’t Dump Investors By Peter G. Miller    When it comes to
www.realtytrac.com - Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
The Hudson down payment numbers contrast strongly with national averages: The National Association of Realtors reports that in 2007 the typical first-time buyer put down just 2 percent, repeat buyers had 16 percent down payments and 25 percent of all purchasers bought with nothing down. At the time of that debate virtually all banks, credit card companies, student loan lenders, car financing firms and related businesses stridently supported bankruptcy “reform” — but one notable exception was ING DIRECT. No Mortgage Meltdown For These Banks By Peter G. Miller
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
Back then I said "the time has come for Fannie Mae and Freddie Mac to end their quasi-government status and join the rest of the risk-taking and tax-paying mortgage buyers who populate the private sector. "However, the march to privatization should not be instant or foolish. If the two GSEs are further harmed, the banking system itself will face additional financial threats. "The potential effects of a rescue become more complex for the holders of Fannies and Freddies $19 billion in subordinated debt, so-called because it ranks below other bonds in the companies capital structures,"
www.realtytrac.com - Tuesday, February 3, 2009
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