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- NACA - I Am Really Concerned about the Conselor I Had!! I Need Help- Auction is 6-14Forum: NACA Posted By: christyhaz Post Time: 05-24-2012 at 07:12 PM […]
- New Home Sales Increase Over 3% in AprilForum: Real Estate & Property Investing Posted By: Evan Bedard Post Time: 05-24-2012 at 06:11 PM […]
- Negotiating with a 1st who has already shown their hand?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: walkin Post Time: 05-24-2012 at 05:00 PM […]
- New to all of thisForum: Wells Fargo Home Mortgage Posted By: janie Post Time: 05-24-2012 at 03:18 PM […]
- New here... hardship letter helpForum: Loan Modification Posted By: PAoptimist Post Time: 05-24-2012 at 03:12 PM […]
- Home Values in Regional Markets Have Yet to BottomForum: Real Estate & Property Investing Posted By: Evan Bedard Post Time: 05-24-2012 at 02:43 PM […]
- HARP refinancing with LPMI in OregonForum: HARP Mortgage Loan Program Posted By: SODogLover Post Time: 05-24-2012 at 02:32 PM […]
- Results of Wells Fargo Foreclosure MediationForum: Wells Fargo Home Mortgage Posted By: cosmojinx Post Time: 05-24-2012 at 01:22 PM […]
- Steamline Refinance, Verification of EmploymentForum: FHA Loans, Requirements & Rates Posted By: twojp Post Time: 05-24-2012 at 10:30 AM […]
- Secured loan against paid off house... good credit, income under the tableForum: Home Equity Loan Posted By: entrepreneurguy Post Time: 05-24-2012 at 09:38 AM […]
Big Banks
Big Banks Need to Fess up to Losses
(Source: The Wichita Eagle) – Whenever the leadership class feels nervous, you can count on some of them to offer the less-moneyed masses a bone to demonstrate they care. Warren Buffett says his idea of “shared sacrifice” is higher taxes [...]
Fed Secretly Loaned $1.2 Trillion to Biggest Banks
(Source: sfexaminer) – WHAT: A persistent Freedom of Information drive uncovered the long-hidden news that the Federal Reserve lent banks $1.2 trillion to stop the economy from collapsing in 2008.
U.S. Regulators Lack Key Tool to Unwind ‘Too-Big-to-Fail’ Banks
(Source: Bloomberg By Phil Mattingly) – U.S. regulators given new powers to dismantle “too-big-to-fail” financial firms are still working to draw up so-called living wills — a central component of the toolkit needed to prevent future bailouts.
Biggest Banks Bail on Small-Biz Loans
(Source: By JAN NORMAN / THE ORANGE COUNTY REGISTER) – Many of the nation’s biggest banks are making significantly fewer small-business loans under a federally guaranteed program than they did before the recession, reports MultiFunding LLC, a Philadelphia-based small-business loan [...]
Worrying About Big Banks’ Afterlives; GOP Intransigence on Taxes
(Source: Bloomberg BusinessWeek) – Bank of America (BAC) and Citigroup (C) stood out for all the wrong reasons in the Aug. 8 market decline. Shares of the two banks—both are among the roughly 40 U.S. institutions considered too big to [...]
Fed Said to Track Basel Capital Rules for Biggest U.S. Banks
(Source: Bloomberg By Craig Torres and Cheyenne Hopkins) – Federal Reserve officials are drawing up rules for the largest U.S. banks that won’t be more stringent than global capital standards agreed to in Basel, Switzerland, according to a person familiar [...]
Big Banks Shrinking as S.B.A. Lenders
(Source: New York Times By ROBB MANDELBAUM) – The Small Business Administration’s guaranteed business loan program is back. Nudged by stimulus provisions that reduced fees and increased guarantees, American banks made a record amount of S.B.A.-backed loans in 2010 (measured [...]
China’s Big 4 State Banks Won’t Stop Lending to Railways Ministry
(Source: Business China) – August 1, China’s Big 4 state-owned banks have said they won’t suspend lending to the Ministry of Railways, a week after the high-speed train crash in east China’s Zhejiang province which claimed at least 40 lives [...]
Bringing The Big Banks to Justice, One Mortgage At a Time
FORTUNE (Source: CNNMoney By Abigail Field) – Investors in mortgage-backed securities who got cleaned out during the housing bust aren’t going to take their losses lying down. The first act of investor revolt was organized by Kathy Patrick, a little-known [...]
Big Banks Are Still Faking Home Loan Documents
(Source: Bnet By Alain Sherter) – After getting caught last year falsifying legal documents as part of conducting illegal foreclosures, big banks promised never to do it again. In April, more than a dozen large mortgage servicers also signed agreements [...]
Bernanke Defends Capital Standards for Big Banks
(Source: Reuters By Dave Clarke) – Tougher capital requirements for the world’s largest banks will make the financial system safer while having a limited impact on the economy, Federal Reserve Chairman Ben Bernanke said on Wednesday.
Are Big Banks Doomed to Fail?
FORTUNE -(Source: CNN Money By Allan Sloan) – Have you ever watched something unfold, knowing that it hasn’t got a prayer of succeeding?
Big Banks May Soon Shed Jobs
NEW YORK (Source: By Michael J. MooreBloomberg News ) — Financial firms, shunned by investors to a degree seen only once in the last 20 years, are becoming a smaller part of the economy as they deal with a past [...]
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