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Tag Archive | "subprime mortgage"

The Subprime Mortgage Meltdown – Overview And What We Learned

The third and fourth quarters of 2007 saw the end game of one of the most unbelievable runups on the housing market that the United States (and to be honest) the world had ever seen; mortgages were going into foreclosure, foreclosures were doubling from year end to year end, and several dozen mortgage lenders declared [...] [...more]

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Selling Your Home In Today’s Market

Whether you’re moving because of a new job, or are trying to avoid foreclosure because you got suckered by a mortgage broker, you’re not alone in your desire to try and sell your home. As of this writing (2008), the subprime mortgage rate meltdown has made homes a drag on the market; unlike three years ago, [...] [...more]

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Subprime Mortgage Crisis – Why Can’t Lenders Just Fix The Bad Loans And Move On?

With all of the foreclosures and bankruptcies that are being triggered by the subprime mortgage crisis why don’t lenders just put all of these homeowners in better loans? We are asked this question on our mortgage blog quite often. It’s a reasonable question too. If it’s the bad loans that are causing the problems wouldn’t [...] [...more]

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The Subprime Situation is Still Really Bad — No Kidding

On Condé Nast’s Portfolio.com, there is a post telling us something that we, unfortunately, already know: The subprime mortgage situation still sucks. The post points out that while mortgage lender Countrywide shares have gone up recently, that ‘victory’ is relative and hardly an indicator that happy days are here again. The so-called subprime meltdown is [...] [...more]

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