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93How Bad Is The Subprime Mortgage Crisis?
To understand the nature of the subprime mortgage crisis and how we got ourselves into such an incredible mess (as well as what that mess really is), we need to go back several decades and examine how the...
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93Recession: What is it and How did we get there?
Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research...
8 comments
88How to Get Bad Credit Car Loans
This Hub is about bad credit car loans. You’re sitting in the car dealers showroom. Waiting to see the car finance manager about the absolutely beautiful car you have decided to buy. The manager finally...
7 comments
86How to Explain the Subprime Financial Crisis Part 1
The first lesson in a two part series on the subprime financial crisis and how to explain what happened in a simple manner.
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84Are You Ready for the Next Mortgage Crisis 2010?
The United States sub-prime mortgage crisis 2009 is behind us. But an Option ARM mortgage crisis 2010 is on the way. The United States economy appears to be improving. Housing sales continue to rise. Home...
1 comment
84Save my Home - Mortgage Default and Foreclosure Help
Take a step-by-step approach to saving your home and prevent a mortgage foreclosure. If your're in trouble look hear to learn what actions to take, where to find help, tips on what to avoid, and how to get back on track.
6 comments
81Why this Recession will be Severe
This recession is likely to be more severe than previous ones, due to the fact that the Federal Reserve is running out of ammo to prop up the banking system. Links below to articles provide excellent...
79How Does The FDIC Close A Bank?
I don't work for the FDIC any more but when I did I really enjoyed it. When I was in banking back in the late 70's to mid 80's, mortgage interest rates were running as high as 18%. People were failing on...
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77Which banks are in the most trouble now?
After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown...
18 comments
79Money-The Root Of All Evil or The Route To All Evil
‘‘Righteous Indignation is rarely more justified, than when it is a response to gross hypocrisy’’ (Julian Baggini) Back in the early days of ‘The Credit Crunch’, some of the smug bankers,...
34 comments
