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	<title>Mortgages and What Is A Bad Loan &#187; Government Positions</title>
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	<link>http://crisis.lenderwatch.org</link>
	<description>Mortgage Crisis Before, During, and After</description>
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		<item>
		<title>SEC finally sues New Century Financial Corp</title>
		<link>http://crisis.lenderwatch.org/news/688</link>
		<comments>http://crisis.lenderwatch.org/news/688#comments</comments>
		<pubDate>Wed, 09 Dec 2009 20:04:38 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=688</guid>
		<description><![CDATA[From 2007 through 2009 Mortgage Blues reported on the subprime crisis. Daily articles highlighted a nation in turmoil as financial greed and abuse rocked the country. Now Mortgage Blues gets to report on the aftermath. Lawsuits continue to see America in search of a single culprit. In one such suit by the SEC three former<a href="http://crisis.lenderwatch.org/news/688" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/688/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Where was the Fed during Enron, subprime, and Madoff?</title>
		<link>http://crisis.lenderwatch.org/news/668</link>
		<comments>http://crisis.lenderwatch.org/news/668#comments</comments>
		<pubDate>Mon, 28 Sep 2009 13:17:24 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Johns Hopkins University]]></category>
		<category><![CDATA[Obama administration]]></category>
		<category><![CDATA[Paul H. Nitze School of Advanced International Studies]]></category>
		<category><![CDATA[President]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=668</guid>
		<description><![CDATA[In an article by JON HILSENRATH that appears in the Journal, we note that World Bank President Robert Zoellick questioned the wisdom of giving the Federal Reserve more power over banks, as the Obama administration has proposed. In the text of a speech he is to deliver Monday at the Paul H. Nitze School of<a href="http://crisis.lenderwatch.org/news/668" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/668/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Breaking News &#8211; Fed to monitor subprime lenders starting in 2009</title>
		<link>http://crisis.lenderwatch.org/news/655</link>
		<comments>http://crisis.lenderwatch.org/news/655#comments</comments>
		<pubDate>Wed, 16 Sep 2009 11:34:19 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[CitiFinancial]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=655</guid>
		<description><![CDATA[This is terrrible, ironic, and unfortunately it is still required. Years ago this proposal would have saved people from HSBC Finance, Citifinancial, and many others. Needless to say this decision is many years too late: The Federal Reserve announced Tuesday that it will extend its regulatory umbrella to cover a group of lenders that includes<a href="http://crisis.lenderwatch.org/news/655" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/655/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SEC is looking at originators, servicers, and big pictures</title>
		<link>http://crisis.lenderwatch.org/news/553</link>
		<comments>http://crisis.lenderwatch.org/news/553#comments</comments>
		<pubDate>Tue, 10 Feb 2009 01:15:41 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/553</guid>
		<description><![CDATA[The SEC claims to be awake and actually doing something. The U.S. Securities and Exchange Commission expects to file additional subprime-related enforcement actions and has dozens of &#8220;very active&#8221; investigations underway, an SEC official said on Friday. Will this result in questions the SEC does not want to answer? Only a few days after Washington<a href="http://crisis.lenderwatch.org/news/553" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>116 banks, 1 TARP program, and $1.6 Billion paid in bonuses</title>
		<link>http://crisis.lenderwatch.org/news/529</link>
		<comments>http://crisis.lenderwatch.org/news/529#comments</comments>
		<pubDate>Tue, 23 Dec 2008 21:46:27 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/529</guid>
		<description><![CDATA[It is time for a review of where our taxpayer dollar went, aka the TARP program. We donâ€™t even want to discuss Hope Now and other tries at solving a problem with no solution. But, you say, there is a viable solution. Perhaps, but the greed that got us into this must be followed by<a href="http://crisis.lenderwatch.org/news/529" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/529/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Govt bails out Citigroup while cardholders get new terms</title>
		<link>http://crisis.lenderwatch.org/news/523</link>
		<comments>http://crisis.lenderwatch.org/news/523#comments</comments>
		<pubDate>Tue, 25 Nov 2008 15:24:41 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[government]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/523</guid>
		<description><![CDATA[The bailout of Citigroup, which put the government at risk of hundreds of billions of dollars in losses, was finalized on Sunday. The following Tuesday my wife and I received a notice of change in terms from Citigroup. Take it or leave it, or pay off the account. Millions of credit card holders in the<a href="http://crisis.lenderwatch.org/news/523" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bailout urgency sounds like war with Iraq, Paulson&#8217;s ability questioned</title>
		<link>http://crisis.lenderwatch.org/news/506</link>
		<comments>http://crisis.lenderwatch.org/news/506#comments</comments>
		<pubDate>Thu, 25 Sep 2008 12:06:20 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[sub-prime]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/506</guid>
		<description><![CDATA[Just use our search box to look up &#8220;Paulson&#8221; and you will see a problem. Henry Paulson was in charge at Goldman-Sachs, and is now the treasury secretary. In August 2007 Paulson said he did not see anything that caused him to reconsider his view that the economic damage from the housing correction was “largely<a href="http://crisis.lenderwatch.org/news/506" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/506/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>SEC finally wakes up and does something &#8212; too late</title>
		<link>http://crisis.lenderwatch.org/news/503</link>
		<comments>http://crisis.lenderwatch.org/news/503#comments</comments>
		<pubDate>Fri, 19 Sep 2008 15:44:06 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/503</guid>
		<description><![CDATA[U.S. authorities spent $900 billion to prop up the financial system and housing market. Authorities may get much of that money back if asset prices do not slide further. The SEC finally woke up and stopped short selling of 799 stocks. I guess the original list of 19 was too shortsighted. The SEC wake-up call<a href="http://crisis.lenderwatch.org/news/503" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/503/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Breaking News &#8212; Fannie Mae and Freddie Mac nationalized</title>
		<link>http://crisis.lenderwatch.org/news/489</link>
		<comments>http://crisis.lenderwatch.org/news/489#comments</comments>
		<pubDate>Sat, 06 Sep 2008 04:42:34 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[government]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/489</guid>
		<description><![CDATA[Senior Bush administration and Federal Reserve officials called in top executives of Fannie Mae and Freddie Mac on Friday and told them that the government was preparing to place the two companies under federal control, officials and company executives said. The executives were told they and their boards would be replaced and shareholders would be<a href="http://crisis.lenderwatch.org/news/489" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/489/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Predatory lenders run from New York, Fannie and Freddie included</title>
		<link>http://crisis.lenderwatch.org/news/484</link>
		<comments>http://crisis.lenderwatch.org/news/484#comments</comments>
		<pubDate>Thu, 28 Aug 2008 18:04:45 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Government Positions]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[OCC]]></category>
		<category><![CDATA[OTS]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/484</guid>
		<description><![CDATA[There was a time when predatory lending laws at the state level were dismissed at the federal level by federally regulated banks. No any more! Even troubled Fannie Mae and Freddie Mac are leaving New York in a lurch. They are exiting the subprime market in New York, citing a new state law that could<a href="http://crisis.lenderwatch.org/news/484" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/484/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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