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	<title>Mortgage Crisis Daily &#187; Adjustables (ARMs)</title>
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	<link>http://crisis.lenderwatch.org</link>
	<description>The Subprime Mortgage Crisis Before, During, and After</description>
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		<title>More ARM resets mean more writedowns</title>
		<link>http://crisis.lenderwatch.org/news/458</link>
		<comments>http://crisis.lenderwatch.org/news/458#comments</comments>
		<pubDate>Wed, 02 Jul 2008 15:20:41 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/458</guid>
		<description><![CDATA[&#8220;The next six months, the industry, all of the folks that are out there trying to solve this problem, they are going to be very busy,&#8221; said Mark Fleming, chief economist for First American CoreLogic, a California research firm. &#8220;There are a lot of people facing their resets right now. A good share of them [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>$800 Billion of subprime mortgages are in peril</title>
		<link>http://crisis.lenderwatch.org/news/432</link>
		<comments>http://crisis.lenderwatch.org/news/432#comments</comments>
		<pubDate>Wed, 30 Apr 2008 04:26:53 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/432</guid>
		<description><![CDATA[Yesterday we were presented with a report that ut a glossy shine on the subprime crisis. In part &#8211; and the main emphasis on the report &#8211; was that the worst was over for the subprime crisis. We questioned the validity of the report, seen nationally and on Google News. Today, we are told the [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Option ARM lawsuit may seek class action status</title>
		<link>http://crisis.lenderwatch.org/news/296</link>
		<comments>http://crisis.lenderwatch.org/news/296#comments</comments>
		<pubDate>Wed, 28 Nov 2007 17:51:33 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/296</guid>
		<description><![CDATA[A suit files in South Carolina alleges the borrower was not properly informed of how an option ARM actually works. The suit was filed Nov. 16 in U.S. District Court in Charleston and names as defendants World Savings Bank FSB of Oakland, Calif., and Golden West Financial Corp. and Wachovia Corp., both of Charlotte. Option [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/296/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loan officers knew loans would go to foreclosure</title>
		<link>http://crisis.lenderwatch.org/news/285</link>
		<comments>http://crisis.lenderwatch.org/news/285#comments</comments>
		<pubDate>Fri, 23 Nov 2007 18:00:05 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/285</guid>
		<description><![CDATA[There may no responsibility to the customer when applying for a loan, but some loan officers felt bad when they knew the customer could not afford the house payment after the loan reset. They made the loans anyway. One website, Settlement Scams, shows how some loan officers made the loans anyway, telling about how they [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Crash corresponds to magnitude of debt distortion</title>
		<link>http://crisis.lenderwatch.org/news/281</link>
		<comments>http://crisis.lenderwatch.org/news/281#comments</comments>
		<pubDate>Wed, 21 Nov 2007 18:35:44 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage broker]]></category>
		<category><![CDATA[sub-prime]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/281</guid>
		<description><![CDATA[Every new loan that is larger than the last contributes to increasing over-all economic instability. The outcome of such has historically been a crash corresponding to the magnitude of this debt distortion. According to analysts, by 1999 twenty-five percent of all sub-prime loans were made in a predatory manner. Some lending practices were modified after [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/281/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Barclays and HSBC manage to lose $6 billion</title>
		<link>http://crisis.lenderwatch.org/news/271</link>
		<comments>http://crisis.lenderwatch.org/news/271#comments</comments>
		<pubDate>Thu, 15 Nov 2007 18:04:19 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Economic Impact]]></category>
		<category><![CDATA[Outside the U.S.]]></category>
		<category><![CDATA[Risk Management]]></category>
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		<category><![CDATA[banks]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[regulators]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/271</guid>
		<description><![CDATA[Barclays and HSBC are on different ends of the mortgage crisis but between them they lost $6 billion from their exposure to the U.S. housing crisis and related credit crunch. HSBC lost money because of U.S. mortgages going bad, and Barclays lost money because of collateralized debt obligations (CDO&#8217;s) based on U.S. mortgages. The process [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Paying off credit cards as ARM&#8217;s go up can be risky</title>
		<link>http://crisis.lenderwatch.org/news/261</link>
		<comments>http://crisis.lenderwatch.org/news/261#comments</comments>
		<pubDate>Thu, 08 Nov 2007 17:41:00 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/261</guid>
		<description><![CDATA[A review of investors with interest only loans shows they are still paying the bare minimum each month. For the average home owner with an adjustable rate mortgage the options are not as good. Many families are considering how to tighten up the budget, and paying off the credit cards might sound good. More aggressive [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/261/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Option ARMs Worry Borrowers, Lenders, Credit Card Companies</title>
		<link>http://crisis.lenderwatch.org/news/219</link>
		<comments>http://crisis.lenderwatch.org/news/219#comments</comments>
		<pubDate>Sat, 13 Oct 2007 20:19:30 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Statistics]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[regulators]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/219</guid>
		<description><![CDATA[Not too long ago the staff at Mortgage Blues warned about option arms. Now these home loans are beginning to worry borrowers and lenders. One real possibility is that borrowers are behind on their mortgage as they keep up with their credit card payments. Of course the opposite might be true. But as soon as [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/219/feed</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Credit Report Clean Up and The Statute of Limitations</title>
		<link>http://crisis.lenderwatch.org/news/217</link>
		<comments>http://crisis.lenderwatch.org/news/217#comments</comments>
		<pubDate>Thu, 11 Oct 2007 17:25:29 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Suggestions]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[violation]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/217</guid>
		<description><![CDATA[If you are concerned about your adjustable rate mortgage or just cleaning up your credit report an issue that you should be aware of is the statute of limitations on old debt. Many people believe they must pay everybody regardless. At the same time some creditors try to get people to renew their debt, primarily [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/217/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Banks, Predatory Lenders, and Ambassadors</title>
		<link>http://crisis.lenderwatch.org/news/216</link>
		<comments>http://crisis.lenderwatch.org/news/216#comments</comments>
		<pubDate>Thu, 11 Oct 2007 15:56:10 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Adjustables (ARMs)]]></category>
		<category><![CDATA[Archives]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Suggestions]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/216</guid>
		<description><![CDATA[Boston Federal Reserve Bank president Eric S. Rosengren urged banks to take a second look at subprime borrowers, saying many have improved their credit scores since buying a home. If that is the case banks could step in and help those homeowners. Meanwhile arguments and debates continue as issues are labeled as &#8220;bailouts&#8221; or &#8220;rescues.&#8221; [...]]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/216/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
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