Sentences with phrase «recent mortgage crisis»

Their essays cover topics including church worship styles, interracial dating and marriage, the recent mortgage crisis, confessions of racism, a vision for unity in Christ, and much more.

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.

Not exact matches

Even the most popular explainer in recent years of the financial crisis — «The Big Short» — had to employ non sequiturs with celebrities explaining ideas like mortgage - backed securities and credit default swaps to communicate how it happened.

Now, according to a recent report in the Wall Street Journal, the U.S. Department of Justice believes that Deutsche Bank owes American taxpayers $ 14 billion for selling toxic mortgage backed securities that helped to collapse the U.S. housing market during the financial crisis.

Sliwa has been agitating against the AG for some time, handing out fliers at a recent Cuomo fundraiser that blamed him for the mortgage crisis and writing a DN OpEd about how he supported Mario Cuomo but «wont be fooled again.»

The most striking evidence of the ongoing need to fight exploitative credit practices is the recent tidal wave of predatory lending known as the sub-prime mortgage crisis... «Ghetto - lending practices of the 1960s have metastasized... We are all in the ghetto now.

The CRL asserts that the recent foreclosure crisis was caused not by low income borrowers, but instead by the greed driven actions and decision making by certain mortgage lenders and brokers; it notes that proposals for raising the minimum credit score requirement and charging higher mortgage insurance premiums up front and annually will obstruct the path to buying a home for some.

African - Americans and Latinos are less likely to receive mortgage loans as the housing crisis has deepened, according to a recent report from ComplianceTech, a provider of technology and mortgage data analysis for government agencies, nonprofits and financial institutions.

Adjustable - rate mortgages are certainly tempting, with their low introductory interest rates, but we've all seen their downside in the recent housing crisis.

As for the U.S. financial system - particularly major banks - I am continually perplexed by the juxtaposition of tens of millions of underwater mortgages and millions of delinquent and unforeclosed homes, coupled with a set of FASB accounting rules (revised at the height of the recent crisis) that allows these debts to be carried at face value upon the discretion of the banks that report the data.

However the recent sub-prime crisis and the flurry of foreclosures led to most of the lenders tightening the mortgage requirements.

A lot of people think that since the global economy isn't quite as strong as it was in the time before the recent financial crisis, that now still isn't a good time to get a mortgage.

Under sweeping new rules passed last week, the 18 - month - old federal agency moved to help protect consumers from the worst sorts of predatory lending practices and shoddy underwriting standards that helped cause a dramatic increase in mortgage delinquencies and consequently the country's recent foreclosure crisis.

The recent trend toward mergers and consolidation of the banking industry (accelerated by the 2006 - 07 mortgage crisis) caused the total number of bank teller jobs in the U.S. to fall 11.2 % between 2008 and 2012, from 600,500 to 545,300.

In recent years, the reverse mortgage market has once again become healthy, after experiencing a brief fallout during the housing crisis of 2006.

There has been a lot of talk about how the recent debt crisis would impact our economy and specifically home mortgage rates.

While the VA loan program does guarantee a mortgage, the recent crisis in the housing market has caused many lenders to take additional precautions.

Having made his fair share of bad decisions himself, he wants to share the benefit of his mistakes and successes as a consumer, Mortgage Planning Specialist, and Credit Repair Specialist to assist those who may have fallen victim to the recent economic crisis, and to help them fix bad credit and gain financial strength.

So, while this kind of strategy seems intellectually appealing due to our two most recent market experiences (the late 90's tech boom and the subprime mortgage crisis), I don't really believe it is implementable for mere mortals like me.

Title VIII of the Garn - St Germain Act allowed lenders to make alternative mortgages, some of which proved to be problematic during the recent financial crisis.

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.

A head - in - the - sand approach invites an eventual economic upheaval along the lines of the recent Great Recession as fossil fuel reserves become the sub-prime mortgages of the next financial crisis.

Ultimately, Posner also predicts that the recent failures of the financial regulatory system (beginning with Enron and Worldcom, and continuing through the banking / mortgage crisis) may lead to wholesale reorganization, with the possible abolition of the SEC.

Barclays has faced intense public scrutiny in recent years: from the Serious Fraud Office's investigation into the bank's # 12bn fundraising at the height of the financial crisis, which resulted in criminal charges against the bank and former executives relating to a # 2.3 bn loan Barclays provided to Qatar, a multibillion - dollar legal battle with the US Department of Justice over allegedly - fraudulent mortgages and a New York currency trading probe that ended in a $ 150m settlement.

The situation is reminiscent of the S&L banking crisis in the late 1980s and the more recent subprime housing mortgage debacle in a couple of ways, notes Paul.

The report, titled «Enhanced Credit Data and Scoring: Deeper Insight into Mortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liMortgage Applicants,» notes that consumers used to pay mortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial limortgage debts first, but because of the recent financial crisis some consumers now treat paying other debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liquidity.

«In the face of significant industry developments such as the recent credit crisis, industry consolidation and price competition, many banks and non-bank lenders are starting to seriously evaluate the economics involved in pursuing the mortgage brokerage channel.