Search results for mortgage crisis
Designing solutions for problems of 'predatory lending' first requires understanding when it exists
Sep 04, 2008 |
not rated yet |
0
There is not a universally accepted definition of predatory lending by policy makers, regulators or people involved in the mortgage business. Predatory lending has been equated to mortgage abuse, mortgage fraud, loans with ...
Mortgage crisis: Blame the bank?
Aug 27, 2008 |
4.4 / 5 (5) |
1
(PhysOrg.com) -- Banks have played a big role in the mortgage crisis, not only because they issued loans to suspect borrowers, but because many originated and sold bad loans to other lenders, says a University of Michigan ...
New study shows racial disparities in Twin Cities mortgage lending (Video)
Feb 12, 2009 |
not rated yet |
0
A new report, "Communities in Crisis," issued by the University of Minnesota Institute on Race and Poverty shows that the Twin Cities has some of the nation's worst racial disparities in mortgage lending. In the Twin Cities, ...
Older Americans: How they are faring in the recession
Sep 16, 2009 |
5 / 5 (1) |
0
(PhysOrg.com) -- Older Americans have weathered the financial crisis relatively well, although many now expect to work longer than they did just a year ago, according to a University of Michigan study released on Capitol ...
More Than a Third of Homeowners in Foreclosure Suffer from Major Depression, Study Shows
Aug 18, 2009 |
1 / 5 (1) |
0
(PhysOrg.com) -- The nation’s home foreclosure epidemic may be taking its toll on Americans' health as well as their wallets. Nearly half of people studied while undergoing foreclosure reported depressive symptoms, and 37 ...
Study: Mortgage Losses On Owner-Occupied Homes Lower Than Assumed
Oct 01, 2008 |
4.5 / 5 (8) |
1
(PhysOrg.com) -- Homeowners who are struggling with mortgages for their own residences are a relatively small part of the overall mortgage crisis, according to results of a new nationwide study of consumer balance sheets.
Subprime lending not main trigger of real estate bubble
Jul 30, 2008 |
3.6 / 5 (27) |
8
(PhysOrg.com) -- Critics often point to subprime mortgage lending – the funding of home loans to borrowers with less-than-perfect credit – as the culprit in the unsustainable boom in U.S. home prices that eventually derailed ...
Foreclosure Is Not Inevitable, Advises Consumer Finance Expert
Sep 20, 2007 |
4.7 / 5 (3) |
0
If homeowners facing mortgage problems follow the advice of a University of Arkansas consumer and family finance expert, they can greatly increase their chances of keeping their homes. Time is of the essence, and reliable, ...
Full extent of financial crisis still not known, Purdue expert says
Oct 09, 2008 |
4.6 / 5 (5) |
0
(PhysOrg.com) -- The depth of the current financial crisis is unknown partly because most financial institutions don't disclose they are in trouble until after the fact, a Purdue University expert says.
Credit crunch hits cash-strapped homeowners
Dec 11, 2008 |
5 / 5 (1) |
0
Homeowners have drawn on their biggest asset, the roof over their heads, not to fund 'champagne moments' but to get through hard times; that's the finding of a preliminary study by Durham University.
As Economy Slumps, New Study Highlights Tools For Avoiding Fiscal Crises in Local Government
Jul 15, 2008 |
4.5 / 5 (2) |
1
(PhysOrg.com) -- As news reports focus on the shaky footing of the national economy, a researcher from North Carolina State University has released a study laying out several best practices that can be implemented by state ...
Are men hardwired to overspend?
Medicine & Health / Psychology & Psychiatry
Dec 08, 2008 |
3.7 / 5 (3) |
1
(PhysOrg.com) -- Bling, foreclosures, rising credit card debt, bank and auto bailouts, upside down mortgages and perhaps a mid-life crisis new Corvette—all symptoms of compulsive overspending.
Borrowers who complete homeownership education programs make better refinancing decisions
May 12, 2008 |
1 / 5 (1) |
1
In light of the subprime mortgage crisis that has resulted in extraordinarily high default rates on home mortgages, one might wonder what the government can do to better educate new potential homeowners.
Racial segregation key factor in subprime lending
Nov 06, 2009 |
3 / 5 (2) |
3
(PhysOrg.com) -- New study examines impact of segregation on the prevalence of high-cost loans in U.S. metro areas. Subprime loans disproportionately located in segregated areas.
Ban on betting would boost ailing economy, gambling critic says
Sep 23, 2008 |
3.5 / 5 (12) |
4
Congress should resurrect the nationwide gambling ban that existed through most of the 20th century to help soothe a fragile U.S. economy shaken by the worst credit and financial crisis in decades, a University of Illinois ...
