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| Merced Real Estate Search Resource News | |
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| Borrowers get a lifeline (Modesto Bee) |
| There may be a way out of trouble, after all, for thousands of Northern San Joaquin Valley borrowers struggling with risky housing-boom mortgages from Countrywide Financial Corp. |
| 10/07/2008 |
| Telltales of the Next Likely Bank Failures (BusinessWeek Online via Yahoo! News) |
| U.S. banks large and small are buckling under the pressure of the credit crisis. The Federal Deposit Insurance Corp. has seized 13 institutions this year, most recently Washington Mutual. The regulator, which maintains a list of "problem" banks, doesn't disclose which others raise red flags. But one measure, the so-called Texas Ratio, may offer a clue. |
| 10/02/2008 |
| Analysis: The Failure of the Bailout Bill (Washington Post) |
| Troubled skies over the Capitol. AP Photo/J. Scott Applewhite The failure of the financial bailout bill in the House is a classic example of an old adage: all politics is local. Despite the fact that President George W. Bush... |
| 09/29/2008 |
| ILLEGAL ALIENS & THE MORTGAGE MESS (New York Post) |
| AS panicked politicians prepare to fork over $1 trillion in taxpayer funding to rescue Wall Street, they've fingered regulation, deregulation, Fannie Mae and Freddie Mac, the Community Reinvestment Act, Jimmy Carter, Bill Clinton, both Bushes... |
| 09/24/2008 |
| Illegal Immigration and The Mortgage Mess (Michelle Malkin via Yahoo! News) |
| The Mother of All Bailouts has many fathers. As panicked politicians prepare to fork over $1 trillion in taxpayer funding to rescue the financial industry, they've fingered regulation, deregulation, Fannie Mae and Freddie Mac, the Community Reinvestment Act, Jimmy Carter, Bill Clinton, both Bushes, greedy banks, greedy borrowers, greedy short-sellers and minority home ownership mau-mauers ... |
| 09/24/2008 |
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