Entry: September 12th 2008 - Friday | 3 months 25 days ago
The Fannie-Freddie rescue will work out great for emerging markets abroad, but it's going to kill us here at home. You might find some relief by investing in a handful of recommended foreign stocks.
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Entry: August 15th 2008 - Friday | 4 months 23 days ago
Home equity loans, once seen as the borrowing of last resort, have grown a thousandfold(!!!) since banks began spending billions of dollars to advertise them.
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Entry: July 14th 2008 - Monday | 5 months 24 days ago
Jim Leach, a Republican former representative from Iowa, began arguing two decades ago in Congress that the government-chartered mortgage companies, Fannie Mae and Freddie Mac, were unfairly insulated from the real world...
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Entry: May 31st 2008 - Saturday | 7 months 6 days ago
Foreclosure filings surged 65 percent and bank seizures more than doubled in April compared with a year earlier as rates on adjustable mortgages increased
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Entry: February 22nd 2008 - Friday | 10 months 14 days ago
Nearly 8.8 million homeowners, or 10.3 percent, are in over their heads, its chief economist, Mark Zandi, estimates. As a result, millions of U.S. homeowners have the incentive to abandon their properties.
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