Warren Sees Need to Get `Realistic’ on Loan Modification: Video
April 14 (Bloomberg) — Elizabeth Warren, who chairs the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg’s Betty Liu about the outlook for the Obama administration’s mortgage modification program.
Warren also discusses the impact of foreclosures on the economy and the possibility of her being nominated for [...]
Profit for Banks Dimmed by Possible Home-Equity Losses: Video
April 12 (Bloomberg) — Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. may have to set aside an additional $30 billion to cover possible losses on home-equity loans, an amount almost equal to analysts estimates of profit at the three banks this year. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)
Duration : [...]
AEI’s Pollock Says WaMu Made Lots of `Risky’ Loans: Video
April 13 (Bloomberg) — Alex Pollock, a resident fellow at the American Enterprise Institute and former president of the Chicago Federal home loan Bank, talks with Bloomberg’s Betty Liu about Washington Mutual Inc.’s collapse.
The Permanent Subcommittee on Investigations, led by Senator Carl Levin, a Michigan Democrat, will begin hearings today [...]
Bailout, Mortgage Fraud- BB&T Bank, Predatory Lending, Subprime
Predatory Lending, Mortgage Fraud,Real Estate,Foreclosure,Subprime,FBI,FDIC,Bailout, Judicial Injustice,Value inflated 136%, BB&T Bank,loan, congress, Judicial Injustice, Adjustable Rate,News,CNN, Mortgage
Duration : 0:5:2
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Technorati Tags: and, ARM, attorney, bailout, Bank, banking, BB&T, Branch, Congress, court, estate, FBI, federal, foreclosure, fraud, Fruad, [...]
With Loan Guarantees, Obama Looks to Nuclear Energy for Jobs
This is the VOA Special English Economics Report, from http://voaspecialenglish.com
One year ago, President Obama signed the economic recovery bill aimed at pulling the country out of recession. The bill promised jobs — including many in the nuclear energy industry.
In February, the president announced plans for the government to guarantee more than eight billion dollars [...]
Gahbauer Says London `Outperforming’ U.K. Housing Market
March 30 (Bloomberg) — Martin Gahbauer, chief economist at Nationwide Building Society, talks with Bloomberg’s Maryam Nemazee about the mortgage lender’s monthly house-price index. (Source: Bloomberg)
Duration : 0:3:11
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Technorati Tags: `Outperforming’, All, Audio, banking, Bloomberg, Builders, building, [...]
How to get a home equity loan
HELOCs aren’t the bargains they once were but lenders are still extending lines of credit.
Duration : 0:1:28
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Technorati Tags: CNNMoney, money, news, personal finance
Dilweg Says Rehabilitation Will Bring Stability to Ambac: Video
March 25 (Bloomberg) — Wisconsin Insurance Commissioner Sean Dilweg talks with Bloomberg’s Mark Crumpton and Julie Hyman about his office’s move to take over claims on about $35 billion of home-loan bonds backed by Ambac Financial Group Inc.
Dilweg is taking over a portion of Ambacs policies to protect municipal bondholders [...]
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Duration : 0:1:56
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Quicken Loans Refinance – Craig Ruark Mortgage Banker
Quicken Loans client James from Mississippi talks about how Quicken Loans got him a lower interest mortgage rate. Every question he asked was answered and he was totally satisfied with the customer service he received during his mortgage refinance. He highly recommends Quicken Loans in this video customer testimonial review.
Duration : 0:2:31
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