Reflections: The great American mortgage scam 14 Articles

by Christine D. Patterson

Here we are two years into the mortgage scam, from lenders, to so called investors to lawyers the homeowners are still being scammed. Our own president has passed a bill to so call help the homeowners, which is the "band a...read more

by Steve Johnson

A national economy, like a democracy, is built on the backs of the citizenry. The basic unit of production is the worker, and the source of all capital is the work of the people. Banks, even the investment banks, like Be...read more

by Rob Bryant

There's plenty of blame to go around when it comes to the mortgage meltdown. One good place to begin is with Alan Greenspan and his interest rate decreases. Greenspan covered his butt in the dot com bubble by saying that y...read more

by David Cowley

The Problems Caused by Sub-prime Mortgages. There has been a lot of talk in the news lately about sub-prime mortgages, the credit crisis, and a possible recession caused by these issues. For those who don't work in the r...read more

by E. Manning

The role of abusive lending practices has become of special concern to the Fed in their publicity measures. Since the quiet admission by the FDIC on October 24 regarding abusive loan practices in the mortgage and banking i...read more

by The Travel Bugg

Many things are contributing to the current mortgage crisis. However, one of the major reasons things are in such turmoil stems from the mortgage industry and the government itself. One of the contributing factors w...read more

by Bryan Belrad

Credit where credit is due: Who is to blame for the Mortgage Crisis? As the mortgage crisis in the United States continues to worsen (now, one in six homes are in danger of foreclosure), it seems everyone is scrambling ...read more

by Roberto Alvarez-Galloso

I was inspired to read about the mortgage crisis after reading an article about Frank Gong of JPMorgan Chase by Xinhua and CRI [China Radio International] English Service. In the article, Mr. Gong [speaking for JPMorgan Ch...read more

by crfuller

The Homeowner's Proclamation of 2008 Introduction In the summer of 2001, in towns all across America mortgage companies were marketing the "American Dream" to middle class families, and in a move that spanned th...read more

by Mike Harrington

Artificially inflating home values; pressuring appraisers to over value homes so in turn the lenders can make a larger home loan. Increasing the "margin" between the bank's "cost of money" (interest paid on deposits) and t...read more

by Martha Rhodes

Who is responsible for the subprime mess? Maybe it isn't the lender or the consumer! They always say follow the money So, who stands to gain when a property if foreclosed on? The company holding the note says that th...read more

by Leonard Konis

The original culprit of mortgage crisis is the United States Congress. Approximately five years ago, U.S. Congress pressured lending institutions, including banks and mortgage lenders provide affordable housing to those wh...read more

by Michael Allen Carvell

There is no reason for our American mortgage crisis but the greed and floating interest rate that has taken homes away from hard working American's just trying too have a small piece of the American dream. Mortgage compani...read more

by June Arrington

When the housing market began to flourish, once again unscrupulous and downright unlawful practices were engaged to entice those who could least afford to become prey, and became exactly that. These were the people that so...read more