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4 Articles match "Bailout","Maine"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
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?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Will Main Street Sink Wall Street?
Bear Stearns does not plan to bailout a $1.1 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. Ironically, the rapid expansion of risky subprime lending has linked the fortunes of Wall Street to the fortunes of 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
As Foreclosures Mount, Candidates React to the Credit Crisis
The Republicans, on the other hand, are opposed to a government bailout for lenders, homeowners and speculators. Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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-
Will Main Street Sink Wall Street?
Bear Stearns does not plan to bailout a $1.1 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. Ironically, the rapid expansion of risky subprime lending has linked the fortunes of Wall Street to the fortunes of 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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As Foreclosures Mount, Candidates React to the Credit Crisis
The Republicans, on the other hand, are opposed to a government bailout for lenders, homeowners and speculators. Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie Mae Toughens Foreclosure Guidelines
With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions and other loan originators, plus the recent bailout of Bear Stearns by the Federal Reserve after the Wall Street giant became so heavily invested in subprime backed mortgage securities, it was just a matter of time before the Federal National Mortgage Association (better known as Fannie Mae ) did something to tighten the reins as well. Well, this past Monday it finally did. As one of the two main Government Sponsored Enterprises (GSEs) in this country — the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
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?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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