5 Articles match "America","Bailout"

• The Best from RealtyTrac

  MORE

• Another Approach to $700 Billion Bailout
  
  Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan. What do you think? Posted 09-29-2008 1:50 PM by darenb Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• From $2B Bailout to $4B Buyout at Countrywide
  
  Just late last year Bank of America infused $2 billion into the coffers of Countrywide Financial to support the floundering lender’s attempt to survive the subprime mortgage mess — which reportedly almost forced the firm into filing for bankruptcy protection earlier this week. Now with Countrywide’s stock weak and its value depressed, it is being widely reported that Bank of America is paying $4 billion in stock to buy out the company — in which it already had a 16 percent stake in convertible preferred stock after the bailout. It didn’t take long from a historical perspective.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Will Main Street Sink Wall Street?
  
  Bear Stearns does not plan to bailout a $1.1 The near-collapse of the two Bear Stearns hedge funds proves that the depth of America’s foreclosure fiasco is far from over. Fear and anxiety could trigger a massive sell-off, exposing other Wall Street financial institutions to the same excesses of America’s housing bubble on Main Street. Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Federal Lifeline DOA for Most People
  
  Personally, what irked me the most about the piece was a couple she interviewed who are facing foreclosure and are obviously expecting this bill to be a personal bailout by the federal government. They would not be the first people in America stuck in that situation. But don’t expect us — the hardworking taxpayers of America — to bail them out of a situation they After listening to NBC Senior Correspondent Lisa Myers’ story on The Today Show last week, I am more convinced than ever that, as the old saying goes, people want their cake and to eat it too!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  For example you see Bank of America adopting a massive, systematic loan modification program. Understandably, they don’t want to take their losses and perhaps are waiting for additional bailout from the government With the upcoming severe economic downturn, why would anyone buy now at these high prices?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE