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Word: mortgagee (lookup in dictionary) (lookup stats)
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Banks are seeing some light in their trading operations (Goldman Sachs is a star performer in that category), there's more mortgage-refinancing happening, and credit-card problems may be bottoming - all good stuff, say Goldman's strategists. But there's another important reason the earnings for S&P financial...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

What about the battered housing sector? Has Obama done enough to help this sector? It was the government's program to promote homeownership that permitted all of the excesses that occurred over the years. People who should never have had a mortgage were induced to buy a home when they...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

Should more steps be taken to stop the foreclosures? Or would it be better for the foreclosures to proceed? One of the things that can be done to make the housing market more stable is if something is done to limit the foreclosures. There's been a lot of rhetoric...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

Of course, another way to make ends meet is to reduce spending. For Teri Austin, the mother of a newborn when her husband lost his advertising-agency job in February, that means eliminating the family's monthly mortgage payments by selling their Richmond, Va., home and moving into her parents...

Author: /time Magazine | Title: As Men's Job Losses Mount, Wives Feel the Impact | 7/8/2009 | See Source »

Data from the new paper also point to the likelihood of mass walk-aways being a highly localized event. Sapienza and her colleagues plotted data on late mortgage payments and home-price declines and found very little relationship between the two when house prices in a metropolitan area had dropped...

Author: /time Magazine | Title: Mortgage Defaults: Many Are Intentional, Study Finds | 7/7/2009 | See Source »

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