Tag: Credit
What the Mortgage Mess Settlement Proposal Really Means
by Abigail Field on Mar.09, 2011, under Towing
The mortgage mess settlement proposal is a repudiation of the servicing industries’ standard business practices. The agreement also reads as an indictment — not just of the servicing industry, but also of law enforcement, regulators and Congress.
Continue reading What the Mortgage Mess Settlement Proposal Really Means
What the Mortgage Mess Settlement Proposal Really Means originally appeared on DailyFinance on Wed, 09 Mar 2011 00:20:00.
Filed Under: Columns, Economy, Real Estate, Credit
The Mortgage Mess Settlement Proposal: Off to an Awful Start
by Abigail Field on Mar.07, 2011, under Towing
A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks’ flawed mortgage servicing, modification and foreclosure practices. In reality, it just lets the banks off the hook.
Continue reading The Mortgage Mess Settlement Proposal: Off to an Awful Start
The Mortgage Mess Settlement Proposal: Off to an Awful Start originally appeared on DailyFinance on Mon, 07 Mar 2011 16:00:00.
Filed Under: Columns, Economy, Real Estate, Credit
Credit CARD Act: One Year Later, How’s It Going?
by Sheryl Nance-Nash on Mar.06, 2011, under Towing
During the battle over Credit CARD Act, much talk focused on what the legislation would — and wouldn’t — do. A year after the law rolled out, what’s the word now? Here’s an on-the-ground look at how card issuers and consumers are adapting to the new landscape.
Continue reading Credit CARD Act: One Year Later, How’s It Going?
Credit CARD Act: One Year Later, How’s It Going? originally appeared on DailyFinance on Sun, 06 Mar 2011 09:00:00.
Filed Under: Columns, Economy, Bank of America, Investing Basics, Credit
What Do HSBC’s Foreclosure Moratorium and Robo-Signing Claims Really Mean?
by Abigail Field on Mar.04, 2011, under Towing
HSBC announced late last month that it had put all of its U.S. foreclosures on hold to review their documents — back in December. So why are its lawyers still pushing cases ahead? HSBC also says it doesn’t robo-sign. So why does its annual report mention foreclosure document problems that sound so much like those caused by robo-signing?
Continue reading What Do HSBC’s Foreclosure Moratorium and Robo-Signing Claims Really Mean?
What Do HSBC’s Foreclosure Moratorium and Robo-Signing Claims Really Mean? originally appeared on DailyFinance on Fri, 04 Mar 2011 12:00:00.
Filed Under: Company News, Columns, Real Estate, Credit
The Fix for High Oil Prices? Regulate the Speculators
by Peter Cohan on Mar.04, 2011, under Towing
As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that’s a tempting idea. It’s also the wrong one.
Continue reading The Fix for High Oil Prices? Regulate the Speculators
The Fix for High Oil Prices? Regulate the Speculators originally appeared on DailyFinance on Fri, 04 Mar 2011 10:30:00.
Filed Under: Energy, Economy, Investing, Goldman Sachs , Credit
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