Sentences with phrase «mortgage crisis when»

Like any investment, positive returns aren't guaranteed but considering most platforms only accept 5 % of all project proposals, it's not like the Wild West are the pre-2007 home mortgage crisis when anybody can get approved for financing.

It's interesting that Cuomo chose to use the word «disgusting», because it's one that his GOP opponent, Carl Paladino, has also employed to described what he alleges is the AG's role in the mortgage crisis when he was serving as HUD secretary.

Not exact matches

«When house prices declined, ushering in the global financial crisis, many households saw their wealth shrink relative to their debt,» its authors observed, «and with less income and more unemployment, found it harder to meet mortgage payments.»

In 2008, when the sub-prime mortgage crisis upended the multi-billion-dollar property valuation industry, Real Matters, a Markham, Ont. - based startup that provides property information to banks and insurance agencies, was in the unique position of being nimble in a market dominated by giants.

The problem is starting to reek of the mortgage crisis, when banks made oodles by selling bad loans to hedge funds that were layering on leverage to bolster returns — just before the loan market dried up and banks were stuck with the bad loans themselves.

The Oracle of Omaha first got involved with the Charlotte - based banking giant back in 2011, when investors began questioning whether Bank of America could deal with legal fees and liabilities stemming from the subprime mortgage crisis.

From the low - level shysters who peddled dodgy mortgages to the Wall Street investors who packaged them into securities and the investors who bought them, everyone involved in the subprime debacle always seems somewhat put - off when reminded that at root this was a crisis about actual people and their actual homes.

The Fed raised short - term rates last month for only the second time since the 2007 - 2009 financial crisis, when it slashed rates to near zero and began buying massive amounts of Treasuries and mortgage - backed securities to push down long - term borrowing costs.

Most agree that banks need to have more cash, or capital, available to ensure they do not default on their obligations when the value of their other assets plunge, as happened during the recent mortgage crisis.

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

As CEO, he weathered the worst financial crisis since the Great Depression and steered the firm back from a reputational nadir, when it faced scrutiny and fines over how it sold mortgage - linked securities.

When the subprime mortgage crisis hit in May, Delvinia prepared for the worst.

When the financial crisis hit the markets in 2008, the Federal Reserve embarked ultra easy monetary policy, which included cutting short - term interest rates to effectively 0 % while suppressing longer term interest rates through the purchases of long term Treasury debt and mortgage - backed securities — a program informally referred to as quantitative easing.

Fannie Mae continued to accept 3 % down - payment mortgages, even during the housing crisis when most lenders stopped offering them.

John Paulson rose to legend - status when he earned a reported $ 4 billion betting against subprime mortgages during the financial crisis.

However, in November 2008 when the global economic crisis led to an unprecedented 1.5 percentage points cut in the base rate, banks such as HBOS, Lloyd's TSB and Abbey all passed on the full 1.5 % cut to borrowers with standard variable rate (SVR) mortgages.

When Alistair Darling delivered his first Budget in March 2008 it was in the midst of a global economic slowdown precipitated by a crisis in the US mortgage sector.

He and Cuomo have clashed publicly several times since they took office, including early this year, when they disputed how to spend a $ 613 million settlement paid by JPMorgan Chase over its role in the 2008 mortgage crisis.

Before the mortgage crisis, when loans were easier to come by and energy was relatively cheap, energy - efficient mortgages weren't very enticing, experts say, and lenders didn't bother with them.

While the subprime mortgage crisis remains the epitome of what occurs when greed and corruption go unchecked, a growing number of experts and observers are warning that a new economic scandal is taking shape in the United States.

Many civil rights leaders and teachers called for leniency, and some wondered why black teachers in low - income neighborhoods faced racketeering charges when white Wall Street workers who were implicated in the subprime mortgage crisis did not.

Without straying too far into general economics, 15 year loans would also have averted the mortgage crisis of 2008, because more people would have had enough equity that they wouldn't have walked out on their homes when there was a price correction.

Gensler, chair of CFTC, traced the crisis to the derivatives markets when it was really due to bad mortgage lending.

Many people are concerned how their mortgage loan is affected if forced into a bankruptcy and when someone experiences financial crisis like job loss, medical crisis or business failure, it can become quite difficult for them to repay all of their existing loans or debts.

And when the housing crisis leveled the mortgage industry in 2007, Total Mortgage was one of the few lenders to survivemortgage industry in 2007, Total Mortgage was one of the few lenders to surviveMortgage was one of the few lenders to survive intact.

But millions of homeowners refinanced after the financial crisis and recession when mortgage rates were at record lows.

The lack of equity in these homes became a crisis when home prices dropped and the owners owed more on their mortgage than the value of their home.

Fannie Mae continued to accept 3 % down - payment mortgages, even during the housing crisis when most lenders stopped offering them.

Banks are so overwhelmed by the U.S. housing crisis they've started to look the other way when homeowners stop paying their mortgages.

From lenders to buyers to hedge funds, when it comes to the subprime mortgage crisis, everyone had blood on their hands.

Their only savings strategy was to pay down the mortgage, and when the 2002 banking crisis shocked the country their home equity evaporated.

So when President Bush signed the Housing and Economic Recovery Act of 2008 in response to the mortgage crisis, it prohibited any further seller - funded down payment assistance (DPA) programs for FHA loans.

When Walker observed, in the mortgage crisis they «just had programs to help people get back above water» but what does above water mean?

Since the financial crisis, when housing prices tumbled, the disparity between the current value of the home and the total balance on the mortgage has often meant the difference between keeping a home and losing it to foreclosure.

Since the financial crisis in 2008, the federal government has introduced stricter rules on banks» mortgage lending policies requiring higher down payments when purchasing a house which have made it more difficult for some homeowners and developers to borrow money.

It is particularly helpful at a time when the housing crisis has caused the value of many homes to fall below the amount of their mortgages.

Loans, mortgages, credit card debts can lead to a financial crisis when borrowers feel desperate and don't know what to do.

• There are more than 1.5 million of the homeowners, who are at least 50 years or even older and may have lost the house to foreclosure, since the year 2007, when the mortgage crisis actually began

When the credit crisis and the mortgage meltdown began to take hold, major firms found out the swaps made their investments far riskier than they could handle.

The properties were bought with borrowed money and the mortgage scheme collapsed when the global financial crisis hit.

When the subprime mortgage crisis reached its peak in the fall of 2008, the federal government took steps to help stabilize the American housing market.

There are times when that spread becomes very wide or very thin — a reflection of world events, such as the subprime mortgage crisis of 2008/2009 and the recent catastrophic situation that has befallen Japan.

There are times when that spread becomes very wide or very thin, such as the subprime mortgage crisis of 2008/2009.

My experience has been that a liquidity crisis is much more stressful than having a mortgage or other debt — illiquid wealth is almost useless when you need cash.

When the credit crisis started to unfold last summer, the key area of weakness within commercial paper was mortgage - related asset backed instruments tied to the already declining U.S housing market.

It could launch another trillion - plus - dollar program to buy government debt or mortgage securities like it did when it was battling the recession and financial crisis.

When banks loaded up on too many worthless mortgage - backed securities, it triggered a series of insolvencies in 2008 — most notoriously at Lehman Brothers — and a full - blown financial crisis.

«This reverses a trend that began in September 2008 when the mortgage crisis drove consumer payment preferences toward paying credit cards ahead of mortgages,» said TransUnion in a press release.

This was related to the financial crisis of 2008 because hedge funds and others allegedly helped produce bad subprime mortgages on purpose so that they could buy insurance on them, and then profit when the home buyers failed to make payments.

When risk is miscalculated it can lead to serious financial turmoil on the largest of scales, such as the subprime mortgage crisis of 2007 - 9.