Financial Crisis Explained: Subprime Mortgage

Here’s the first episode.

Mortgage Loans Change in Economic Crisis

With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today’s tough market? Watch [...]

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Read more on Austin American-Statesman

Obama on the Mortgage Crisis

thefree-mortgage-calculator.com A brief clip of Obama speaking about the mortgage crisis. Free mortgage related resource: thefree-mortgage-calculator.com

And Now A Few Words On The Coming Pension Crisis That Will Screw Us All

And Now A Few Words On The Coming Pension Crisis That Will Screw Us All
Sadly, I find myself with more than enough time to compose yet another Thoughts from the Frontline in an airport, as a flight booking error has me at JFK for six hours instead of fishing in Maine. Details for those interested [...]

PMI Mortgage Insurance Calculator: Free Mortgage Crisis Help

www.HomeMortgage.com The PMI mortgage calculator can help you assess mortgage insurance savings. In addition to offering free financial calculators, HomeMortgage.com offers free FHA home mortgage loan comparison services. Use the PMI mortgage calculator to assess mortgage insurance savings…

The festering crisis

The festering crisis
My macro thesis holds that the Greek debt crisis provided the catalyst for the piercing of the “global government finance bubble”.
Read more on Asia Times

Crisis panel targets Goldman as AIG skates by

Crisis panel targets Goldman as AIG skates by
NEW YORK – The commission studying the worst financial crisis in decades might be doing a disservice to history by focusing this week on Goldman Sachs Group Inc as the ultimate Wall Street villain while going lightly on another key player, AIG.
Read more on Malaya

Mortgage crisis could damp consumer consumption for years to come

Mortgage crisis could damp consumer consumption for years to come
Borrowers who defaulted could have low credit scores for years, crimping their spending. And changes in scoring and how it’s applied could dramatically affect all Americans’ ability to borrow. For countless Americans struggling to make their mortgage payments, the problems have just begun.
Read more on Los [...]

With the poor economy and financial market crisis, is now a good time to refinance the mortgage on my house?

With the interest rates dropping I think I could really save some money every month on my mortgage if I refinance, but are banks hesitant to lend right now with the financial crisis? What are your thoughts? Thank you!

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