Articles About Subprime

Author:
Tom Silva
Posted:
08.31.2010

Anthony Downs On Financial Reform

The nation’s financial system needs significantly more regulation than exists now.  The lack of tough regulatory powers strongly impacted the recent financial crash and the Great Recession that ensued.  The good news is that the Obama administration is moving firmly in this direction with financial reform legislation a critical item on its agenda.  This is […]

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Author:
Jafer Hasnain
Posted:
09.17.2009

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Jafer Hasnain
Posted:

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Mike Ochs
Posted:
05.07.2009

Some Alt-A Home Loans Go the Way of Subprime

It seems that we just can’t escape the bad financial news.  Now, mortgage loans made to supposedly better-off Americans are also heading south at an alarming rate.  This time around, the loans in question are Alternative-A (Alt-A) mortgages,which are used by borrowers such as the self-employed who have reasonable credit standings but unpredictable incomes. Right […]

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