MESSAGE - The sub prime
mortgage crisis created opportunities for predatory real estate tactics, broke apart families and caused suicides and other violence.
Not exact matches
Yet under Greenspan's tenure, interest rates were later raised, which reset many of those
mortgages to much higher payments,
creating even more distress for many homeowners and exacerbating the impact of that
crisis.»
That
created fake demand, hid the banks» real exposure, increased their bonuses — and ultimately made the
mortgage crisis worse.
Recognizing the enormous investment potential
created by the subprime
crisis within the asset backed and
mortgage backed sectors, the Hudson Cove Credit Opportunity Fund, Ltd was formed, one of the first funds of its size after the
crisis, to extract attractive risk - adjusted returns.
From the AIDS
crisis to transgenderism, it has assumed that medical technology and government activism will pay the
mortgage on the debts — physical and social —
created by behavior which exalts personal desire while eschewing personal responsibility.
Cuomo has wanted no part of this, but then again he always walks away from the messes he makes, such as the
mortgage crisis which he helped to
create as Bill Clinton's HUD Secretary.
Allowing defaults on non-guaranteed loans, could potentially
create another situation similar to the
mortgage crisis.
So we can also thank Me Lazio for helping
create the Sub-Prime
mortgage crisis which has put this country in the mess we are in now.
The
mortgage policies he promoted
created a situation where people who couldn't afford to finance a home
mortgage were getting approved anyway and eventually causing the
mortgage crisis we have today.
Although the bill was primarily
created to address the sub-
mortgage lending
crisis, legislators included provisions to regulate the reverse
mortgage industry and offer greater protection to seniors.
Although the bill was primarily
created to address the sub-
mortgage lending
crisis, legislators included provisions to regulate the reverse
mortgage industry and offer greater -LSB-...]
And, like subprime
mortgages before the financial
crisis, many subprime auto loans are bundled into complex bonds and sold as securities by banks to insurance companies, mutual funds and public pension funds — a process that
creates ever - greater demand for loans.
A note about the
mortgage crisis: it has also
created a
crisis for some household pets of foreclosed - upon owners.
The argument goes something like this: Not only would ending the MID
create a deep source of money for reducing the U.S. budget deficit, but in the aftermath of the
mortgage crisis, the country needs to rethink its favored tax treatment of homeownership.
Though not the same, after the subprime, free - lending ways of the early - to mid-2000s,
mortgage lenders
created another «ability»
crisis for buyers.
There is a widely held notion that the housing
crisis was
created solely by unethical
mortgage lenders.
The pair of
mortgage - finance giants, which were bailed out by the U.S. government and placed in conservatorship in 2008 during the height of the financial
crisis, have historically boasted outsize influence on the single - family
mortgage market, but Rosengren expressed concern that the duo's growing clout in the multifamily sector may pose a risks, as the government considers new structures for the entities,
created in the wake of the Great Depression to help facilitate homeownership.