2 Articles match "America","Bailout","Maine"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high, despite the large drops from their peaks. 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? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent
www.foreclosurepulse.com - Tuesday, December 16, 2008
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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
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  • The Best from RealtyTrac 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
  • As Home Prices Plummet, When Will You Buy?
    For example you see Bank of America adopting a massive, systematic loan modification program. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high, despite the large drops from their peaks. 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? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE