Posts Tagged ‘Option ARM’

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Written on 30 Sep, 2013 at 13:07

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don't need a source for that statistic. Water is wet, the sky is blue, and that's a fact. Hotel rooms never cost $600... (Continue reading)

Husband’s Suicide Yesterday, Wells Fargo to Evict Wife Tomorrow Anyway

Written on 14 May, 2012 at 14:03

You're a liar, Wells Fargo. Either you knew you weren't going to approve their loan modification, or you're the most incompetent financial institution in the history of the world. And you don't just do this sometimes, you do... (Continue reading)

Tagged with: bailouts diana olick economic recovery economy ERIC COOPER Fannie Mae Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosure suicide foreclosures HAMP loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA Notice of Default Notice of Sale Option ARM pay option arm predatory lending predatory servicing recession strategic default Treasury Secretary Tim Geithner trial modifications unemployment Wachovia wall street bankers wells fargo bank world savings wrongful foreclosure

Bringing Up the Rear: Senator Christopher J. Dodd

Written on 19 Sep, 2010 at 17:20

Now that Elizabeth Warren has been appointed to the post, albeit temporarily, support her with whatever support you can offer, Senator Dodd. Let the ones that oppose Elizabeth Warren stand naked in the light. And the American consumer....... (Continue reading)

Tagged with: aurora bank of america baseline scenario bloomberg Consumer Financial Protection Bureau double dip elizabeth warren Fannie Mae Federal Reserve Chairman Ben Bernanke first premier bank foreclosure crisis Freddie Mac HAMP jpmorgan chase larry summers loan modifications making home affordable mandelman matters martin andelman ml-implode naked capitalism obama appoints warren Obama's Making Home Affordable Plan one west bank Option ARM recast recession republicans Senate Banking Committee Senator Christopher Dodd Shahien Nasiripour Simon Johnson sub-prime loans TARP The Huffington Post too big to fail Treasury Secretary Tim Geithner wells fargo bank Yves Smith