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Gramlich’s Warning on the Subprime Mortgage Crisis and Its Relevance Today
31 Jan 2025 07:41 GMT
For many years before his death in 2007, Edward (Ned) Gramlich was my next-door neighbor. Ned was a nationally respected economic expert who taught the subject for two decades at the University of Michigan.
As with most who spend time in Ann Arbor, …
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California Homeowner Finds Hope After 11-Year Mortgage Crisis with Consumer Defense Law Group
27 Jan 2025 20:22 GMT
After battling mortgage challenges for 11 years, a homeowner finally finds relief through the unwavering support from Nonprofit Alliance of Consumer Advocates
RACHO CUCAMONGA, CA, UNITED STATES, January 27, 2025 /EINPresswire.com/ -- …
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How to Fix the U.S. Healthcare System WITHOUT Raising Taxes, Limiting Choice or Increasing Regulation
03 Feb 2025 22:35 GMT
… big. During the 2007 subprime mortgage crisis, some banks were declared “too …
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Canada should hit Trump where it hurts the most — oil and gas
03 Feb 2025 21:20 GMT
… after the U.S. subprime mortgage crisis. Now the world’s biggest …
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Populism's Global Surge: Identity Politics, Neoliberalism, And The Erosion Of Democratic Institutions
03 Feb 2025 14:25 GMT
… bubble also called the subprime mortgage crisis, and then subsequently a Global …
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Tougher than 2008: How today's mortgage crisis is testing the industry
11 Dec 2024 19:52 GMT
“How do you convince that client that's got their house at, let's say, three and a half per cent...to get you in another house here at 6.99%?” Thomas questioned. However, he also identifies consolidation as both a challenge and an opportunity.
“You …
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Mortgage crisis – APRA's serviceability buffer under fire
27 Nov 2024 23:42 GMT
“It’s a contingency against economy-wide risks,” he said, citing potential economic shocks like rising unemployment or global trade disruptions. Despite criticism, APRA remains firm in its stance, prioritizing resilience over borrower relief.
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Worrying signs: Is Britain heading for another mortgage crisis? Here's all you need to know about it
29 Oct 2024 18:43 GMT
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Pensioners face mortgage crisis over £100,000 cap on lump sum
11 Oct 2024 04:03 GMT
Pensioners banking on taking a big tax-free lump sum from their pension pot to pay off their mortgage face a crisis amid fears the figure will be capped at £100,000.
The Chancellor Rachel Reeves is rumoured to be planning to cut the figure people can take …
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Pensioners face 'mortgage crisis' over £100,000 change
11 Oct 2024 01:34 GMT
Pensioners hoping to use a sizable tax-free lump sum from their pension pot to pay off mortgages could be in for a shock, amid concerns that the cap may be limited to £100,000. It's rumoured that Chancellor Rachel Reeves is considering slashing the …