Posts Tagged ‘sub-prime lending’

What Makes a Mortgage a “Bad Loan?” I’m Confused.

Written on 20 May, 2013 at 4:43

Or do we only judge a loan to be "bad" after it defaults, and because it defaults? Assuming there are NOT predatory practices involved, is a loan "good" until it defaults and then it becomes "bad." And is... (Continue reading)

Author Michael Hudson Knows The Monster – A Mandelman Matters Podcast

Written on 4 Dec, 2011 at 12:59

Here's something you can't do anywhere else... listen to author Michael Hudson not only talk with me about his book, but listen to how he applies his vast knowledge of the subject matter to what's going on today in our... (Continue reading)

Tagged with: Ameriquest bailouts bank of america banking lobby bear stearns Center for Public Integrity Center for Responsible Lending citibank double dip economic recovery economy elizabeth warren Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Indymac bank jpmorgan chase Lehman Bros. loan modification loan modifications long beach savings and loan Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode Michael Hudson mortgage crisis NACA one west bank predatory lending recession REST Report roland arnall securitization sub-prime lending sub-prime loans TARP The Monster Treasury Secretary Tim Geithner trial modifications wall street bankers wells fargo bank

If at first you don’t succeed, CRIME, CRIME again.

Written on 27 Feb, 2011 at 10:32

I'm not going to attempt to write some scathing or potentially insightful commentary about Mr. Mozilo, I'm sure that's been done many times before, and frankly... he bores me to no end. But, at the same time I felt... (Continue reading)