17
Jan
Testimony on Secondary Market and Subprime Mortgage Lending
Author: admin // Category: mortgage lenders
The Financial Services Subcommittee on Financial Institutions and Consumer Credit Committee is currently holding a hearing, “The Role of the Secondary Market in Subprime Mortgage Lending.” Mr. Michael Calhoun, President and Chief Operating Officer, Center for Responsible Lending, and Ms. Judy Kennedy, Executive Director, National Association of Affordable Housing Lenders, give opening testimony.
Duration : 0:13:36
http://www.rudramani.com. Rudramani Shilajit From Himalayan Mountains.
President Obama often makes the claim that he inherited the country’s current economic crisis. But in truth, it was Obama and his fellow Democrats who supported, and facilitated efforts to force the banks to issue high-risk subprime mortgages to unqualified borrowers, which ultimately brought about the collapse of the U.S. economy. Hence, Mr. Obama is not the Inheritor-in-Chief that he claims to be, but rather the Bequeather-in-Chief, who helped facilitate the economic downturn.
Grumpy Old Geyser, a politically incorrect English bloke with strong opinions about everything, is fed up with fat-cat bankers – so he’s come up with a scheme to become a banker himself. You can follow him on Twitter as TheOldGeyser.
SEC Goldman Sachs SubPrime Mortgage Fraud! I just want to know ONE thing, Who is going to jail?
Investors Business Daily: Smoking-Gun Document Ties Policy To Housing Crisis
15/10/2011
FreedomWorks chairman Dick Armey talks about how subprime mortgages have affected home ownership and the economy — and why a government bailout would be a bad idea.
http://www.subprimemortgageplan.com – Subprime Mortgage Plan
Today, Attorney General Martha Coakley filed final, revised mortgage broker and mortgage lender regulations with the Secretary of State and has issued official guidance to the broker and lender community to help them understand and implement the new consumer protection regulations governing mortgage brokers and lenders. The regulations, which take effect on January 2, 2008, codify several forms of mortgage fraud and unfair lending which contributed to the recent meltdown in the subprime market and the resulting foreclosure crisis in the Commonwealth.