Home Equity Loans Bad Credit

Obama Uses Housing as Foil to Romney's 'Hit Bottom' Strategy - BusinessWeek

Politico

Obama Uses Housing as Foil to Romney's 'Hit Bottom' Strategy BusinessWeek Opponents said the president's plan, announced yesterday, was as much about politics as the policy goal of easing access to refinancing for homeowners with negative equity. It helps the White House frame differences with Republican presidential ... The Latest Housing Refinance Initiative – Deja Vu All Over AgainRealtyBizNews all 1,148 news articles »

U.S. Consumers Paid Down Debt -- On Time -- in 2011, Equifax Reports - Sacramento Bee

U.S. Consumers Paid Down Debt -- On Time -- in 2011, Equifax Reports Sacramento Bee While Home Equity delinquency rates were better for the year, Home Equity origination rates continue to be down, with declines recorded for both the number of home equity loans originated and average loan amount -- extending a 5-year slide. and more »

Treasury's AIG pump and dump - Out Of The Storm News

Out Of The Storm News

Treasury's AIG pump and dump Out Of The Storm News For AIG, in particular, this is truly a “chickens come home to roost” moment, as the series of profoundly bad decisions that followed the company's initial $85 billion bailout in September 2008 (it later would grow to roughly $192 billion in loans, ... and more »

The State of American Small Business - Brookings Institution

Brookings Institution

The State of American Small Business Brookings Institution Certainly the general weakness in the economy and the lack of demand growth, but the sharp drop in startups has likely also been affected by the reduction in home equity and restrictions on lending. Many new companies are started by families or groups ... and more »

Insight: Borrowing spree pushes Canadians to edge of debt cliff - Reuters

Insight: Borrowing spree pushes Canadians to edge of debt cliff Reuters With housing eating up income, borrowers turn to credit cards or home-equity line of credit - the Canadian version of the US refinance game - to pay for food and living expenses. "They are borrowing from Peter to pay Paul," Taylor said. and more »

Tight-fisted mortgage lenders pressure home sales - msnbc.com

Tight-fisted mortgage lenders pressure home sales msnbc.com No 20% down, liar loans, 8K home buyer credit, all serve 1 purpose: Make people borrow! It works two ways: Bankers make money, government declares economic victory. Average Joe may lose life savings despite working like a slavery to pay interest for ... and more »

Insight: Borrowing spree pushes Canada to edge of debt cliff - Reuters

Insight: Borrowing spree pushes Canada to edge of debt cliff Reuters With housing eating up income, borrowers turn to credit cards or home-equity line of credit - the Canadian version of the US refinance game - to pay for food and living expenses. "They are borrowing from Peter to pay Paul," Taylor said. and more »