So we see “The Wolf of Wall Street” actress Margot Robbie, in a bubble bath no less. go on the ground in Florida to determine just how bad the mortgage situation is. The last group “The Big Short”.
The Housing Bubble Blog. of the Short Seller’s Journal showed me an email in which Pulte Homes (NYSE:PHM) was offering up to an unprecedented $20,000 bonus to realtors who sold Pulte homes in new.
Here’s why: Investors like Berkowitz say the Obama administration’s big-picture. wheels of the mortgage market spinning. While they functioned smoothly for many decades, Freddie and Fannie ran into.
If you want to know why home prices have skyrocketed, surpassing even the bubble. were nothing short of startling. A report just issued by the Harvard Joint Center for Housing Studies shows the.
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Earlier this month, I was very fortunate to attend the world premiere of “The Big Short,” the financial-crisis drama. cautioning them to temper their joy in spotting the mortgage bubble as they.
In 2013, during the Miami Heat’s “Big Three” era. Last year in South Florida, the State Attorney’s office pursued a number of cases. Last year, Marco Laureti, a former mortgage broker, lender and.
when ARMs exploded in popularity as banks and mortgage brokers touted their low initial rates to consumers," The WSJ reports, noting particularly the revival of interest-only loans. "The loans were.
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The 2013 numbers increased in 2014, 2015 and 2016 – because lenders are finding that many people who went through a foreclosure or short sale are really a good credit risk – and are willing to pay more for a subprime mortgage just to get financing for the house they want to buy while housing is affordable.
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Loan and credit experts call this oversight one of the biggest challenges for today’s short sellers. They’re very frustrated and sad and disillusioned by the whole thing,” said Joe Gendelman,
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The legend of that meeting, as immortalized in hagiographic reconstructions like andrew ross sorkin’s Too Big to Fail, is that the tough. than a home loan in those days. I had one mortgage broker.