All the latest science news on subprime mortgages from Phys.org. Find the latest news, advancements, and breakthroughs.
Even after the revision, the IEA still sees higher demand than some other forecasters. Opec expects oil consumption in the fourth quarter to average 87.08 million bpd. Financial markets have been thrown into turmoil since August on concern about the US subprime mortgage crisis. The IEA said it ...
The things that go wrong with this economy can be on thebuyers’ endof the economy. Buyers can have jobs, but these jobs may not pay well enough for the buyers to afford the output of the economy. A falling share of the population may be able to afford cars, for example. [3] It ...
Financial crisis villain has forgiven himself There’s something deeply poetic about 11-day White House Communications director Anthony Scaramucci inviting Angelo Mozilo, who had a major role in the 2008 mortgage crisis, to speak at his annual Wall Street confab. Per the Post: Most Popular Politic...
Thursday’s comments come as investors await news of a big settlement between the major mortgage servicing banks and state attorneys general who want to wring billions out of them in compensation for their record-keeping and other foreclosure-related failures. How the banks alert investors to those...
The 10-person commission is due to submit a report on the causes of the financial crisis to President Obama and Congress by December 15. Today's hearing on Capitol Hill marked the second in a series of three hearings on the subprime meltdown that the panel is conducting this week. On...