US media seeks credit chaos culprits
Tags: EDITORIALS; FINANCIAL management; MASS media & business; SUBPRIME loans; DEBTOR & creditor
Related Articles
- As the Knot Unravels, A Question Lingers: Why? Conrad, Lee // U.S. Banker;May2007, Vol. 117 Issue 5, p10
The article looks into several issues concerning the sub-prime mortgage market in the U.S. The reduction of the market raises the concern on the efforts of both consumers and mortgage companies to keep the growth in the market. To regulate the market, majority of lenders have imposed lending...
- Let's pay brokers more than lip service. Cleary, Alan // Mortgage Strategy;3/12/2007, p43
The author reflects on the significance of lending in today's commercial environment. He says that lending will deliver a convenient, integrated and quick service to brokers and borrowers. He claims that those who will fail to take this into account will soon find themselves inactive and will...
- Members' Credit Path Now More Complex. // Credit Union Executive Newsletter;6/25/2007, Vol. 33 Issue 11, p5
The article looks into the report provided by The Aspen Institute on the subprime mortgage crisis in the U.S. The report claims that the traditional pathways to secure a mortgage loan has been broken due to the crisis. Moreover, it indicates that the traditional credit path is no longer an...
- Not All Subprime Borrowers Are the Same. // Credit Union Executive Newsletter;12/17/2007, Vol. 33 Issue 21, p3
The article focuses on the different categories of subprime borrowers in the U.S. The latest delinquency rate among the group of borrowers who are categorized as subprime is 22%. Categories that can be defined in the universe of borrowers classified as subprime are as follows: former primes,...
- To whom the finger points �. Pyburn, Allison // Asset Securitization Report;4/2/2007, Vol. 7 Issue 13, p6
The article reports on the claim of collateralized debt obligations managers and home equity loan buyers that they are victimized by irresponsible subprime practices in the U.S. They argue that they are unfairly blamed of mounting delinquencies and foreclosures in the industry. They urge...
- Nothing but more bad news for market. Gallagher, Rosemary // Mortgage Strategy;11/5/2007, p31
The article reports on the various problems brought by the U.S. sub-prime crisis to lenders, brokers and borrowers in Great Britain. The Council of Mortgage Lenders anticipates a decline in home purchases as well as a growth in property repossessions. The author believes that borrowers are...
- Sub script. Harris, Mark // Money Marketing;8/23/2007, p28
The author reflects on the ripple effect encountered by the Sub-prime market of Great Britain from the troubles encountered by the U.S. Sub-prime market. He pointed out how the stockmarket has been unstable with sub-prime lenders refusing to provide funding for new customers or impose higher...
- Pack up your troubles. Hill, Adam // Commercial Motor;5/19/2011, Vol. 214 Issue 5433, p28
The article discusses the potential abuse for the pre-pack administration program by transportation firms which are threatened by bankruptcy in Great Britain. It notes that the program allows a company with unsettled debts to change into a new entity which will be free of its previous financial...
- Subprime Lending Market: Avoiding Risk in a Risky Business. White, Brenda B. // Mortgage Banking;May2007, Vol. 67 Issue 8, p19
The article focuses on the strategies lenders must consider to boost their subprime lending services. Lenders, servicers, and investors must be aware of inherent risks as far as financial, regulatory, and credit issues are concerned. They must take appropriate steps to mitigate the negative...
