Be leery of mortgage meltdown fixes

Story date: 2007-12-08 09:54:00
Added on: 2007-12-08 22:33:48

Detroit News - The mortgage free-for-all set off a plague of bad judgments by lenders, borrowers, investors and Wall Street ... Ban lenders from giving kickbacks to mortgage brokers who steer people to more expensive loans than their credit scores warrant.


Read more...

Related Stories:

• If you're leery of investment advice you're getting, ask to see ...

  Boston Globe - If you're leery of investment advice you're getting, ask to see underlying research ... Additionally, I would like to...
  2008-03-15 02:21:00

• Why lenders are leery of short sales (The Daily Record)

  As more people fall behind on their mortgages, lenders have been slow to take advantage of a longstanding alternative to foreclosure -...
  2008-04-17 04:41:16

• Investors leery of WaMu's mixed message, future - Chicago Tribune

  Now that troubled lender Washington Mutual Inc. has survived three straight quarters of crippling losses, investors are trying to decide whether its...
  2008-08-09 11:47:00

• U.S. Stock-Index Futures Advance; McDonald's, GM Shares Climb

  Bloomberg - ... real-time judgments,'' bolstering speculation of a reduction in interest rates at ... The biggest U.S. mortgage company is...
  2007-09-11 06:31:00

• A plague on houses

  Times Online - Worse, this comes at a time when mortgage lenders, desperate to recoup some of the money given away in...
  2007-11-24 05:10:00

• Hale "Bonddad" Stewart: Financial Sector Problems Continue -- And Will Continue (HuffingtonPost)

  I am officially going on the record with this statement: the financial sector is pure investment poison right now. Most investors should...
  2008-02-12 06:06:08

• Legislative session to be budget leery - Bonitanews (subscription)

  Legislative session to be budget leeryBonitanews (subscription), FL - 1 hour agoDespite promises that rates would “drop like a rock” following a special session...
  2008-01-06 05:32:25

• THE MARKET: Stocks post moderate gains following flurry of economic readings, Microsoft's bid for Yahoo (The Journal-Standard)

  NEW YORK (AP) - Stocks gave up a sharp early advance to trade moderately higher Friday after a quick succession of seemingly...
  2008-02-01 06:30:25