My Alerts: Mortgage NYT (7 articles)

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Alert Name: Mortgage NYT
July 5, 2009 Compiled: 12:46 AM

OPINION

In the context of our own Great Recession, Bernie Madoff’s old-fashioned Ponzi scheme was merely a one-off next to the esoteric and (often legal) heists by banks and bankers.

OPINION

The loss of jobs on Wall Street immediately set off a cascade of financial reckonings and tradeoffs of the sort that were taking place across New York City.

OPINION

In Atlanta foreclosures are high and 14 community banks have closed since the economic crisis began. So where does one put their money?

BUSINESS / ECONOMY

Obama administration proposals would require financial institutions to offer “plain vanilla” mortgages that even the most unsophisticated borrowers can understand.

BUSINESS / ECONOMY

Homeowners in the U.S. are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.

BUSINESS

Lenders lose much more money on foreclosures than on loan modifications. So why are they so hesitant to modify mortgages?

BOOKS / SUNDAY BOOK REVIEW

In “Busted,” The Times’s Edmund L. Andrews explains why he bought a house he couldn’t afford. In “Our Lot,” Alyssa Katz chronicles how home lending was upended in the first place.

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