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Records here dispute Treasury nominee’s denial of mortgage-crisis ‘robo-signing’

A bank run by Steven Mnuchin, President Trump’s pick for Treasury secretary, engaged in ethically questionable foreclosure practices in Washington state, including “robo-signing” of documents,..
Seattle Times

4 Phases of the Crushing Student Debt Bubble

The price for an education has been rising rapidly while the value of that same education seems to be diminishing. Underemployment is an epidemic in the U.S. and traditional career paths are becoming..
Zero Hedge

Videos for "Mortgage Crisis"

News video: Ex-Goldman Banker Mnuchin Installed As Treasury Secretary

Ex-Goldman Banker Mnuchin Installed As Treasury Secretary 00:50

Reuters reports that President Donald Trump swore in former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, putting him to work on tax reform, financial..
Source: Wochit News -

News video: Steven Mnuchin Expected To Be Confirmed As Treasury Secretary

Steven Mnuchin Expected To Be Confirmed As Treasury Secretary 00:39

The U.S. Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top U.S. economic and..
Source: Wochit News -

News video: Goldman Sachs hedge fund folding London Operations

Goldman Sachs hedge fund folding London Operations 00:40

The hedge fund run by Goldman Sachs, Goldman Sachs Investment Partners was one of the largest-ever hedge fund launches in history, now Reuters is reporting that it is closing its London operations and..
Source: Wochit Business -

News video: Trump's Cabinet Can't Keep Track Of Their Own Money

Trump's Cabinet Can't Keep Track Of Their Own Money 01:04

Reuters reports that Donald Trump's cabinet is worth a combined $14 billion, and they are catching flack in recent weeks for confessing an inability to keep track of their vast sums of wealth. Steven..
Source: Wochit News -

News video: Tough Questions for Trump's Treasury Secretary in the Senate

Tough Questions for Trump's Treasury Secretary in the Senate 01:46

Senate Democrats had some questions about Steven Mnuchin's involvement in the 2008 financial crisis. Republicans were a bit more welcoming.
Source: Newsy Studio -


Car Loans Versus Subprime Mortgages – Are there any parallels?

Is there such a thing as a “subprime car loan bubble” brewing? Both Jamie Dimon (J.P Morgan boss) and comedian John Oliver seem to think so. While dedicating nearly 18 minutes of a recent episode..
Zero Hedge

Mann Mortgage Las Vegas Opens Their Second Las Vegas Valley Branch

New Branch - Same High Quality Service Las Vegas, NV (PRWEB) February 08, 2017 Mann Mortgage Las Vegas opened their second Las Vegas branch on February 1, 2017. Located at 8880 W. Sunset Road..

Trump To Sign Executive Orders Scaling Back Financial Regulation

trump to sign executive orders scaling back financial regulation
On Friday, President Donald Trump plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place..
Zero Hedge

Getting A Mortgage As A Business Owner Isn't As Hard As You Think

Being self employed has its benefits and drawbacks. One of the drawbacks being that obtaining a mortgage can be a little more difficult than your typical wage earner. Before the mortgage crisis,..
Huffington Post

Trump's Pick For Treasury Secretary Faces Tough Questions In Senate

trump's pick for treasury secretary faces tough questions in senate
Watch VideoPresident-elect Donald Trump's pick for treasury secretary, Steven Mnuchin, had a tough day of questioning on Capitol Hill.  Democratic members of the Senate Committee on Finance pushed..

Spain gives banks 3 months to fix mortgage crisis

The Spanish government is to give banks three months to reach agreements with customers who were sold mortgages with an interest rate floor or face a wave of legal claims.

Deutsche Bank agrees to pay US £5.8bn fine over role in subprime mortgage crisis

'Deutsche Bank did not merely mislead investors: It contributed directly to an international financial crisis.' - US Attorney General, Loretta Lynch

NY Fed President Dudley Thinks A New Housing Bubble Is A Perfect Cure For Soft Retail Sales

ny fed president dudley thinks a new housing bubble is a perfect cure for soft retail sales
In general, most people would agree that the housing collapse of 2008/2009 was a negative event in U.S. history.  A combination of misinformed regulations from Washington D.C., low interest rates,..
Zero Hedge

Deutsche Bank and Justice Dept. Complete Deal on Mortgage Crisis

The institution will pay a penalty of $3.1 billion and provide $4.1 billion in consumer relief to homeowners, borrowers and communities.

Trump didn't drain the swamp, he created these swamp monsters

When he was running for President, Donald Trump promised to drain the swamp. As his inauguration approaches, it appears that Trump's plan was less about "draining the swamp" and more about clogging it..

Reframing Our Perspectives About Change and the Future

Humans have a tendency to believe that their initial experience with a situation is the first time that it has occurred. The reality is that virtually every change that makes you nervous, uncertain,..
Huffington Post

Senate Democrats Prepare For Their 2017 Theatrical Debut As Confirmation Hearings Loom

senate democrats prepare for their 2017 theatrical debut as confirmation hearings loom
Starting Tuesday Americans will be subjected to what will feel like endless hours of torture as Senate Democrats get their opportunity to question Trump cabinet appointees.  The hearings will..
Zero Hedge

Financial Industry Veteran Launches Firm Dedicated to Family-Focused Financial Planning

FamilyVest founder Todd Sensing has particular expertise working with families with special needs. MIRAMAR BEACH, Florida (PRWEB) January 05, 2017 Veteran financial advisor Todd Sensing announced..

Deutsche Bank and Credit Suisse Fined Billions of Dollars by the US Even As Legal Action is Initiated Against Barclays

As president-elect Trump looks to overturn some aspects of the eight-year legacy of President Obama, the outgoing US president has sought to resolve one of its last remaining bank mortgage crisis. Two..
Fab Newz

Deutsche Bank to pay $7.2bn to settle US subprime case

BERLIN - Deutsche Bank has agreed to pay a total of $7.2 billion to settle a case with the US Department of Justice over its role in the subprime mortgage crisis, the lender said in a statement Friday.
Bangkok Post

It hasn't been this hard to buy a house in America since the financial crisis

it hasn't been this hard to buy a house in america since the financial crisis
Housing affordability in the US is at an eight-year low, according to Attom Data Solutions.  The parent company of RealtyTrac released its fourth-quarter affordability index on Thursday, which..
Business Insider

Foreclosure lawyers were tracked too closely to try anything fishy, attorney says

Banks and federal mortgage insurers appeared hyper-focused on how fast lawyers could get a home to a foreclosure sale than in helping homeowners avoid losing their property during the height of the..
Denver Post

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