The Fray
Go to Ask.com
enter the fray: our reader discussion forum
The Fray Browse by Tags
Sign in
  
Advanced
All Tags » mortgages

  • Missing the Mark

    Tim Harford writes ''If AIG had shot off its own metaphorical foot to claim a government bailout, the argument against the bailout would be compelling. But it didn't, and it isn't.'' But it's not AIG with the moral hazard, it's the thousands of companies that invested in them. AIG should have to call in its debts right now, but realizing the ...
    Posted to The Undercover Economist by TheExPat on October 13, 2008

  • Gresham's Law, As Applied to Mortgages

    Gresham's Law: ''Bad money drives out good.'' As applied to mortgages: ''Bad business practices drive out good ones.'' It's easy to see why. Danny Westneat interviewed Jim Petersen, account executive for the mortgage arm of World Savings (an old and established outfit that collapsed) : Every day in mortgage mania, his staid firm would lose ...
    Posted to Moneybox by rewinn on October 13, 2008

  • Raines Still Innocent?

    Well it took a while, but Fannie Mae has finally crashed thanks to manipulation of earnings and coverups by current and former senior management. It would have been much easier to give Mr. Raines his $50,000,000+ in excess compensation than admit the company was taking incredible risks by lowering underwriting standards under his rein and ...
    Posted to Assessment by swnevada on September 7, 2008

  • Obama - "Change You Can Count On"-(flip flop) - part 1

    ''Change You Can Count on'' What??? CHANGE #1: Despite Pledging To Withdraw American Troops From Iraq Immediately, Barack Obama Now Says He Would ''Refine'' His Policy After Listening To The Commanders On The Ground In July 2008, Barack Obama Said He Will Continue To ''Refine'' His Iraq Policy. Obama: ''I've always said that the pace of ...
    Posted to Politics by MiamiVice on August 11, 2008

  • Moneybox: Fannie Mae and Freddie Mac

    Have those institutions really helped to lower mortgage payments by lowering interest rates? Or do lower interest rates simply lead to higher home prices, which may or may not be good for the economy? I am not an economist, but I suspect that the latter is true.
    Posted to Moneybox by bryan__t on July 14, 2008

  • Economic Liberalism to the Rescue?

    Economic liberalism basically calls for: deregulation, privatization, globalization, and reduced governance. While it may appeal to certain ideological purists, the actual application of these concepts have unforeseen, unintended, and negligently estimated consequences. I've spent much of my Sunday morning listening to explanations of the ...
    Posted to Politics by Usama2 on June 1, 2008

  • When moms have the freedom

    I am so happy my husband supports my desition of staying with my child at home. I just couldn't leave him in childcare. I tried 3 different center after I actually visited like 15. It was just so devastating. I came home to cry all evening for leaving my child with who know who... We couldn't afford for me not to make money, we need my income. But ...
    Posted to Number 1 by ptiffany on May 10, 2008

  • what mommies do

    Lots of moms who have decided to stay home because they just can't leave their babies in daycare, either because they find the separation too hard or because after having to pay childcare fees and gas they don't really bring much money home, they are doing GPT sites from home. I am one of them. No, I didn't believe in those sites at first. My ...
    Posted to Moneybox by ptiffany on May 10, 2008

  • Let's get on with it

    Both are electable. Both are relatively centrist Democrats who flirted with more progressive Democratic policies in their younger days. There is little difference between them in terms of what they would do as President, and either would be a great improvement over the current Republican sucking bog we have sunk into. They differ in identity ...
    Posted to Politics by Racje on April 28, 2008

  • GREED IS THE ONLY SELF-CORRECTING SIN

    Well-Well here we go again the same old line; leading to the same old game with might I say the same inevitable outcome. This is the talking down and the dumbing down of America. It is the wall street magicians old slight of hand trick. How this works is simple: get taxpayers to focus on the retoric; while they are distracted by happy talk, we ...
    Posted to Moneybox by Topflight on April 27, 2008
1 2 3 Next >