Citigroup says subprime loans will dent Q3 profits http://finance-week.org/?p=1088... Citigroup Inc. said Monday it expects third-quarter profits will be off 60 percent from last year because of about .3 billion in write-downs and losses on leveraged loans, subprime mortgage-backed securities (MBS), and other investments.
What Actually Caused The Subprime Foreclosure Crisis? http://www.foreclosuredataonline.com/blog/forec... Subprime Foreclosure Crisis: Subprime mortgage lenders played a key role in the current foreclosure crisis when they elected to urge subprime borrowers to accept adjustable Rate Mortgages (ARMs). As the number of homeowners in foreclosure went up, the crisis developed and has now reach serious proportions nationwide.
High-End Houses Are Not Immune From Foreclosure http://www.foreclosuredataonline.com/blog/forec... Foreclosure: The increasing foreclosure of high-end properties is a clear indication that even some wealthier people can be subject to job loss and other financial difficulties. High-End Houses Are Not Immune From Foreclosure
New York Comptrollers Urge Lenders To Help In Solving Foreclosure Crisis http://www.foreclosurerepos.com/blog/foreclosur... The state and city comptrollers of New York together with leaders of ACORN are putting pressure on the mortgage lenders to be more proactive in doing something to close in on the foreclosure tidal wave.
New York Comptrollers Urge Lenders To Help In Solving Foreclosure Crisis http://www.foreclosurerepos.com/blog/foreclosur... The state and city comptrollers of New York together with leaders of ACORN are putting pressure on the mortgage lenders to be more proactive in doing something to close in on the foreclosure tidal wave.
How To Save Foreclosure By Talking To Lender http://www.foreclosurelistings.com/blog/foreclo... The true foreclosure experience of Rita and Larry Schels, a couple of Middle Island can be a guidance for other home owners.
Assembly Helps To Steady Foreclosures In Maryland http://www.foreclosurewarehouse.com/blog/assemb... Stop Foreclosures: at Maryland, many homeowners are now being faced with the scourge of foreclosures that are spreading like a plague across the nation
California Governor Working To Ease Foreclosure Pain http://www.foreclosuredataonline.com/blog/forec... California Governor Arnold Schwarzenegger has been working with four major mortgage loan servicers to help keep troubled homeowners out of foreclosure.
Foreclosures And Trustee Sale Notices http://www.foreclosure1.com/blog/foreclosure/fo... House Foreclosures: the end of the year saw 10,000 houses struck down by foreclosures. The lenders repossessed almost all, except for 10%, of these houses. The houses are a headache for the banks also
Foreclosure Crisis: Survival Woes For Common People - II http://www.foreclosurewarehouse.com/blog/forecl... Foreclosure Crisis: the Neighborhood Housing Services office is set amidst a line of stores, some recent casualties of foreclosure crisis.