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Mortgage Modification – How Obama is Making it Difficult

Mortgage modification is something many Americans would like to do, but our president is going to make that very difficult.  President Obama ran on the platform that he loathed lobbyists and would not let them run Washington.  Well, the home builders have proved that wrong by hiring the right lobbyists to change his mind.  It [...]

Bad Credit Loans – From Bad to Worse

Bad credit loans have been around as long as credit has been issued, but only recently have these loans become mainstream news.  Whether it be a subprime mortgage or a cash advance, it is these financial vehicles that are causing the global economy to spiral downward.  Many who apply for bad credit loans are not [...]

Wall Street Madam

The best little whore house on Wall Street was on Williams Street, just a few blocks from the New York Stock Exchange.  A Manhattan escort boss, Kristin Davis, revealed the names of 9800 Wall Street clients.  The clients include upper management executive at NBC Universal, Merril Lynch and Lehman Brothers just to name a few.  [...]

Portfolio Diversification and Supporting Financial Institutions (CAPM Model) – Yale, Econ 252, 4.2

This is synopsis two of two from lecture four of Dr. Shiller’s Yale ECON 252 course: Financial Markets.  Go to the ECON 252 link to access all synopses to this point. The final part of lecture four was solely based off slide from here.  You can check out the powerpoint slides in PDF format and [...]

Mortgage Blog Posts

Mortgage Blog posts for today include: Fed Watch: Waiting for Geithner Fannie, Freddie to channel mortgage rescue: sources Barron’s dispelling Obama and media lies about Bush’s deregulation Homeowners Refinance at Lower Mortgage Rates Super private bank is latest bailout brainstorm

Subprime – The Cause of the Financial Crisis?

We are going to have an in depth look at subprime and how it has affected everyone on this planet.  There are many aspects to the financial technology and we will delve into why we are in the current situation we are in.  There will be many topics along the way, but the ultimate goal [...]

Charlie Gasparino Again! CNBC Anchors

Charlie Gasparino is absolutely hilarious.  Everyday on CNBC Gasparino gives us some great commentary and nothing beats him absolutely owning Dennie Kneale as shown in a previous post Charlie Gasparino Owns Dennis Kneale Video – A MUST SEE! We will continue to publish the commentary of the one and only Charlie Gasparino.

Subprime Mortgage – What are My Options

With the subprime mortgage crisis in full swing and likely on it’s tail end, many Americans are now considered “subprime” borrowers.  Many of those who are considered subprime are not in a terrible financial situation, but the requirements for good credit have changed greatly in the past year.  What was once thought to be a [...]

Mortgage Rate Predictions Summary

So far, we at Subprime Blogger have done mortgage rate predictions for four weeks and have been quite successful.  The results are as follows: January 15 30 Yr Fixed Rate – Predicted 4.96% – Actual 4.96% 15 Yr Fixed Rate – Predicted 4.59% – Actual 4.65% January 22 30 Yr Fixed Rate – Predicted 5.06% [...]

Subprime Refinancing

Subprime refinancing is something that many Americans are currently trying to do.  Lenders have realized the huge mistake they made by giving subprime borrowers too much leniency with the size and rate of their loans.  They will not make this mistake again.  If you plan on doing any subprime refinancing in the near future, expect [...]

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