mortgages
8 pieces tagged “mortgages”, newest first.
Prudent Homebuyers Punished by Biden
Just as with his student loan forgiveness scheme, Joe Biden is once again trying to redistribute the wealth of responsible Americans.
What You Need to Know About 'The Big Short'
One of the most intriguing movies I've seen in a long time is *The Big Short*. It's about the housing bubble and what we now call the Great Recession, based on Michael Lewis's bestselling book "The Big Short: Inside the Doomsday Machine." The main characters are money managers who not only realized that the housing bubble was being supported by unsustainable subprime mortgages, but also found a way to make millions of dollars from the inevitable crash. Here are 10 things moviegoers need to know.
Hillary Blames GOP for Her Husband's Mess
The economic collapse goes back to Bill's mortgage policies.
Mortgage Madness Returns
Last month I bought a house in Potomac, Md., a trade-up on my current home, and was shocked to learn in the ensuing weeks that I couldn't get a mortgage loan. First, I went to PNC bank. Then Wells Fargo. Then another. Denied. Denied. Denied. No, I don't feel entitled to a loan, and the banks have every right not to lend me money. But my tale of woe tells a broader tale of what is going on in the lending industry these days. All the bankers told me the same thing: "Steve, if you'd walked in our bank eight years ago with this mortgage application, we would have rubber-stamped it in five minutes, and you would have walked out with a bag of money."