Word: mortgagee
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The immense impact of American Middle Eastern policy and the two wars in which this country is engaged is self-evident. And if you want to see the international effect of the subprime mortgage crisis, just talk to a poor Icelander.
Question #18. Please specifically describe any affiliation you or your spouse or any member of your immediate family have or have had with any financial, banking, mortgage or insurance institution that is currently the subject of federal government intervention as part of the ongoing economic crisis. This question includes, but...
There are two versions of what happened next. One camp says Treasury Secretary Paulson then decided not to back the plan after all. Other sources on the Hill and elsewhere familiar with the debate say Paulson supported the plan, but the White House killed it. Democrats contend that the White...
But some economists wonder why buying up credit card and auto loan debt is any better or easier to do than buying up mortgage bonds. In fact, when it comes to credit card debt it could be riskier way to use taxpayer money. That's because credit card debt unlike...
"I don't get what the rationale for this new program is," says Baker. "If it was a bad idea for the mortgage market, then it's a bad idea in the credit card market."