subprime mortgages
'Zombie mortgages' come back to haunt thousands of homeowners now facing foreclosure
Zombie mortgages refer to home loa🌠ns that reappear after the borrower though♉t they had been resolved, typically through foreclosure.
Joe Biden is once again taking a 'wrecking ball' to America's housing market
Joe Biden is wrecking t൲he housing m🍌arket by ditching things such as proper title insurance.
'Never been a worse time': It now costs 52% more to buy a home than rent one: report
The average monthly mortgage payment is a whopping 52% higher than the average monthly rent on a hou🔯se or apartment -- a ratio that h⛄asn't been this out of whack...
𒆙 Zillow offers 1% down payment꧋ to lure homebuyers as mortgage rates hit 22-year high
Zillow an♔nounced that it's offering mortgages with a 1% down payment to US homebuyers who are being squeezed by mortgage rates that are more than double𝓡 what they were just...
UBS to pay $1.44B to settle DOJ fraud cha⛦rges tied🌺 to subprime loans
﷽ The civil action was filed in November 2018 alleging misconduct related to UBS' underwriting and issuance of residential mortgage-backed securities issued in 2006 and 2007, according to the Justice Department.
Angelo Mozil🐽o, ex-CEO of Countrywide and face of 2008 mortgage meltdown, dead at🤪 84
He became t𓆏he face of the mortgage meltdown when the subprime crisis surfaced in 2007. He was the൩ son of a Bronx butcher who embodied a rags-to-riches success story.
'Big Short' investor who foretold 2008 housing catastrophe warns of new financial disaster
🐎 Dave Burt fears a 2008-style housing price correction is impending over lenders mispricing flooding.
🏅 Predatory green lendinꦇg, everyone fears the Prez is too old and other commentary
“Most Americans” — 63% of registered vo✨ters — “don’t believe tಞhe president is fit to serve. Now what”? asks the Washington Examiner’s Byron York.
Housing sector showing 'eerily similar' warning signs before 2008 collapse: expert
Surging mortgage rates are “taking a wrecking ball to the housing market,” the expert sa♔id.
Here's your chance to own 'authentic' swag from this infamous Wall Street firm
🐭 The hawke told The Post he had the 🌠"opportunity" to load up directly from Lehman's stash of promotional gimcracks soon after the firm's ignominious collapse in 2008.
Mortgage crisis 'villain' Angelo Mozilo: 'I don't care' anymore
Angelo Mozilo is done being the villain. Speaking at an exclusive hedge fund conference in Las Vegas this week, the disgraced🍌 former head of Countrywide Financial said he doesn’t care...
🌼 🃏 Paulson pledges personal fortune to backstop his firm
Billionaire John Paulson is doubling down on his own hedge funds. The founder of Paulson & Co., who has struggled with r🤡ocky returns and client defections, has pledged his personal...
Goldman Sachs announces $5.1B settlement over 🍎bad mortgages
Goldman Sachs said Thursday that it would settle with t♒he US for $5.1 billion for its “🅘Big Short”-type mortgage deals from 2005 to 2007 that contributed to the financial crisis...
Springleaf🌸 shares soar after winning approv𒊎al to buy OneMain Financial
Uncle Sam went easy on Wes Edens. Shares of subprime lender Springleaf Holdings, which is majority owned by Edens’ Fortress Inv🌟estment Group, surged more than 11 percent Friday after it...
Kyle Bass' post-crash returns small-caliber
In the investm🌃ent world, few people have a more robust bigger-than-life persona than Dallas hedge fund manager Kyle Bass. The 45-year-old charismatic founder of Hayman Capital is known forꩵ driving...
Judge rules against Japanese b𒁃ank Nomura in subprime trial
A federal judge ruled against the Japanese bank Nomura on Monday, saying it lied about mortgage-b🐲acked securities that it sold to Uncle Sam during the run-up to the financial crisis...
Japanese bank says it only gave an 'opinion' on risky home loans
There are lies, damn lies, and subpri🌸me mortgages. Nomura, the Japanese bank fighting allegations it duped the ♉Federal Housing Finance Agency during the 2008 financial crisis, told a federal court...
☂ Fannie Mae slaps Nomura on first day of subprime trial
A home loan divided cannot stand, says the Fed housing giant in a long simmering suit. Fannie Mae and Freddie Mac are charging they were misled by unscrup♌ulous banks trying...
Japanese bank seeks justice in subprime mortgage trial🍌
It’s a question often asked but never answered: Who’s to blame for the subprime mortgage crisis? The American public will get a rare win🎶dow into what went wrong when government-sponsored... ⭕
🅷 Embattled Ocwen expects loss due to prob🐲e penalties
Ocwen’s financial pain is just beginning. The embattled mortgage servicer expects to reco♔rd a loss for the fourth ⛎quarter and full year because of penalties and higher servicing costs, the...