Thank you for your support for this blog

Stoxx 50 15min delayed

Menü:. Wirtschaftsdaten - Wirtschaft - Quergelesen Nachrichten aus:

Der aktuelle Nachrichten - Überblick:

Global - 4wards

Wirtschaft - Quergelesen

Europa - Wirtschaft

Deutschland - Wirtschaft

Österreich - Wirtschaft

Schweiz - Wirtschaft

ATX realtime

Shadow Stats

Chart of U.S. Money Supply Growth

Samstag, 7. März 2009

Aspects of Subprime Understanding

Would You Pay $103,000 for This Arizona Fixer-Upper?
Less than two years ago, Integrity Funding LLC, a local lender, gave a $103,000 mortgage to the owner, Marvene Halterman, an unemployed woman with a long list of creditors and, by her own account, a long history of drug and alcohol abuse. By the time the house went into foreclosure in August, Integrity had sold that loan to Wells Fargo & Co., which had sold it to a U.S. unit of HSBC Holdings PLC, which had packaged it with thousands of other risky mortgages and sold it in pieces to scores of investors. Today, those investors will be lucky to get $15,000 back...more details here-->

Keine Kommentare:

Kommentar veröffentlichen

AMAZON