The FDIC’s Sheila Bair says she is proposing a "system wide fix of the mortgage crisis," converting ARMs into fixed-rate mortgages:
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Relevant Articles
- Economist: Malthus False Prophet [you don't make fun of 200 year old books if you're not scared witless] 5/15
- Fannie, Freddie dip on prospect of more oversight 5/15
- Piszel: accounting changes were helping Freddie expose investors to the actual underlying worth of its assets 5/15
- Phoenix: Lower prices lift resales 5/15
- New rules of home buying 5/15
- Luxury Foreclosures 5/15
- Senators near housing deal 5/15
- ed Adds Liquidity and Economy Avoids Recession: John M. Berry 5/15
- Why more homeowners aren't getting help 5/15
- Housing rescue stokes partisan split 5/15
- The Incredible Shrinking Dinner [video]
- Construction business to close 5/15
- Des Lachman: Housing the Key - and It's in Big Strife 5/13
- UK- A firm of independent financial advisers, the Thinc Group, has been fined £900,000 for poor record-keeping when selling sub-prime mortgages 5/15
- French bank Natixis reports profit slump on another subprime hit -- "The impact of the financial crisis is still significant but clearly easing" 5/15
- Blackrock-UBS deal a sign bond buyers returning to subprime assets 5/15
- Japan- Mizuho posts Q4 loss on subprime, forecasts rebound [29 stories]
- Kenneth Harney: Appraisal Changes Face Resistance 5/9
- Barclays Eerily Quiet On Rights Issue -- Profit Falls After $3.3 Billion Writedown [56 stories]
- NY-LI- Foreclosures looming for the Hamptons' poshest pads 5/12
- Fannie and Freddie capital alert 5/13
- FBR says Freddie Mac earnings under pressure until 2012 -- will most likely have to continue to raise capital during the next few years 5/15
- Ambrose Evans-Pritchard: Fund managers fear bond rout and stagflation more than recession 5/15
- The incredible shrinking house 5/14
- Mortgage in trouble? How Congress wants to help 5/14
- The Fed: Betting on a rate hike 5/14
- Pimco: Tricky for Fed to fix economy bind 5/14
- Toll CEO: Fourth Estate Razes Real Estate 5/14
- Merrill: More Analysts Fear Inflation Than Recession 5/14
- Luxury builder Toll Brothers reports 30% quarterly sales drop 5/14
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October 11th, 2007
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