Comments on: U.S. regulators caused subprime issues worldwide http://crisis.lenderwatch.org/news/249 The Subprime Mortgage Crisis Before, During, and After Tue, 11 May 2010 14:24:07 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: Investing Resources http://crisis.lenderwatch.org/news/249#comment-3492 Investing Resources Thu, 21 Aug 2008 01:20:02 +0000 http://mortgageblues.us/news/249#comment-3492 Investing Resources…

We haven’ t faced the ominous task of paying off what is equivalent to a maxed- out credit card; and when we do, it could spell disaster for the dollar. We have imported Asia’ s computers, TVs and clothes, produced with their cheap labor, keeping o…

]]> By: new homes for sale http://crisis.lenderwatch.org/news/249#comment-1379 new homes for sale Thu, 17 Apr 2008 09:23:35 +0000 http://mortgageblues.us/news/249#comment-1379 <strong>new homes for sale...</strong> I have spoken to several new real estate investors in the last couple weeks that have decided to get into wholesaling properties. This is a fast moving and exciting part of the real estate business. Unfortunately, it seems that most new wholesalers con... new homes for sale…

I have spoken to several new real estate investors in the last couple weeks that have decided to get into wholesaling properties. This is a fast moving and exciting part of the real estate business. Unfortunately, it seems that most new wholesalers con…

]]> By: News Release - HSBC Emotional Link and Layoffs Through 2008 : Household HSBC Watch http://crisis.lenderwatch.org/news/249#comment-512 News Release - HSBC Emotional Link and Layoffs Through 2008 : Household HSBC Watch Fri, 02 Nov 2007 23:49:36 +0000 http://mortgageblues.us/news/249#comment-512 [...] Editor’s Note: Pertaining to the SEC and other regulators please see an article titled “U.S. regulators caused subprime issues worldwide“    Thinking of making a debt settlement offer? You need to see common settlement scams and rip-offs first [...] [...] Editor’s Note: Pertaining to the SEC and other regulators please see an article titled “U.S. regulators caused subprime issues worldwide“    Thinking of making a debt settlement offer? You need to see common settlement scams and rip-offs first [...]

]]> By: Nancy http://crisis.lenderwatch.org/news/249#comment-507 Nancy Fri, 02 Nov 2007 01:21:38 +0000 http://mortgageblues.us/news/249#comment-507 Today the New York Attorney General sued First American, making my point. This is another suit in state court, not at the federal level. At a press conference Thursday, the New York attorney General said First American allegedly caved in to pressure from Washington Mutual, eAppraiseIT's largest client, to use a list of so-called "proven appraisers" who allegedly provided inflated appraisal values. "This is a case we believe is symbolic of an industry-wide problem," Cuomo said. "By the way, it's been a long-time problem." Eric Corngold, a senior prosecutor in Cuomo's office, said at the press conference that eAppraiseIT conducted more than a quarter of a million appraisals for Washington Mutual in the past 18 months and was paid $50 million for doing so. Today the New York Attorney General sued First American, making my point. This is another suit in state court, not at the federal level.

At a press conference Thursday, the New York attorney General said First American allegedly caved in to pressure from Washington Mutual, eAppraiseIT’s largest client, to use a list of so-called “proven appraisers” who allegedly provided inflated appraisal values.

“This is a case we believe is symbolic of an industry-wide problem,” Cuomo said. “By the way, it’s been a long-time problem.”

Eric Corngold, a senior prosecutor in Cuomo’s office, said at the press conference that eAppraiseIT conducted more than a quarter of a million appraisals for Washington Mutual in the past 18 months and was paid $50 million for doing so.

]]> By: Mortgage » US regulators caused subprime issues worldwide http://crisis.lenderwatch.org/news/249#comment-504 Mortgage » US regulators caused subprime issues worldwide Thu, 01 Nov 2007 16:26:04 +0000 http://mortgageblues.us/news/249#comment-504 [...] financeweek wrote an interesting post today onHere’s a quick excerptSome analysts say federal regulators were asleep while infighting caused lack of regulatory action. The final result was felt worldwide and perhaps could have been avoided. President George W. Bush… — for brevity this is a summary … [...] [...] financeweek wrote an interesting post today onHere’s a quick excerptSome analysts say federal regulators were asleep while infighting caused lack of regulatory action. The final result was felt worldwide and perhaps could have been avoided. President George W. Bush… — for brevity this is a summary … [...]

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