... , it still seems unfathomable and utterly incomprehensible to most people that the actions of certain mortgage brokers, bankers, ratings agencies, and investment banks could break the ... created the perfect economic storm Shows you why the crisis is not yet over and what we can expect going forward More Mortgage Meltdown can help you understand the events that have unfolded, and put you in a ...

Hanna Rosin’s new article in The Atlantic — “Did Christianity Cause the Crash?“– has a lot of helpful info on Rev. Ike-like Protestant cults that helped turn fatalistic Catholic Mexican peasants into financial high-rollers in America, with disastrous effects on our economy. She focuses on Fernando Garay, a minister and mortgage broker. Now that I think

Complex derivatives are “intractable” — you can’t tell if they’re being tampered with - Boing Boing. Determining if a “Collateralized Debt Obligation” was tampered with is a “densest subgraph” problem, which is NP-Complete. Which is a fine thing to depend a global economy on.

Amidst the Real Estate & Mortgage Meltdown; Foreclosure Fraud & Scams; Real Estates ... 6 (Excerpt) World wide recession caused by the mortgage melt-down. Is inflation far behind? What their ratings were based on was simply that ... & Loss MitigationReal Estate & Mortgage Marketing 4 – Home Loan ... Beware the Foreclosure SharksReal Estate & Mortgage Marketing 1 – Home Loan ...

... feds might have learned their lesson. Their low rates...and subsidized mortgage loans...led to the biggest bubble in housing in US history ... Federal Housing Administration's $725 billion portfolio of mortgage loans will go into default as the result of the agency's recent ... and Benjamin Powell "Anatomy of a Train Wreck: Causes of the Mortgage Meltdown", by Stan Liebowitz (10/3/08) ...

... need a minimum credit score of 620 to obtain a mortgage from Fannie Mae, up from the previous limit of 580. The ... , lower borrower debt The changes are the latest in a series of crackdowns by the mortgage industry and could surprise some prospective home buyers. The ... is rolling back loose lending standards that led to the mortgage meltdown and the subsequent economic crisis. But the fear is that ...