Foreclosure, Predatory Mortgage and Payday Lending in America's Cities

Foreclosure, Predatory Mortgage and Payday Lending in America's Cities PDF

Author: United States. Congress

Publisher: Createspace Independent Publishing Platform

Published: 2018-01-26

Total Pages: 318

ISBN-13: 9781984226198

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Foreclosure, predatory mortgage and payday lending in America's cities : hearing before the Subcommittee on Domestic Policy of the Committee on Oversight and Government Reform, House of Representatives, One Hundred Tenth Congress, first session, March 21, 2007.

The Foreclosure of America

The Foreclosure of America PDF

Author: Adam Michaelson

Publisher: Penguin

Published: 2009-01-06

Total Pages: 372

ISBN-13: 1440661936

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Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive. In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The "finance jocks" believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing against their houses and refinancing later. They were wrong. And when the bottom dropped out, Countrywide suffered the consequences-as did millions of Americans. With an insider's knowledge and thorough reporting on the impact on American families and the ripple effects on the economy, Michaelson examines the marketing of a mirage and the bad business decisions that destroyed a company, confronts the ethical questions that have arisen in the wake of the foreclosure crisis, and offers creative proposals to prevent such a meltdown from ever happening again.

American Nightmare

American Nightmare PDF

Author: Richard Lord

Publisher:

Published: 2005

Total Pages: 250

ISBN-13:

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Homeowners who can't borrow from banks have long turned to the subprime lending industry for mortgages. Increasingly, that industry has turned on them by charging outrageous fees and usurious interest, and then taking their homes through foreclosure. Richard Lord explores the spread of predatory lending practices. And it tells the stories of borrowers who've been taken, contractors and brokers who've been co-opted, lenders who've cheated--and the world's biggest financial titans, who've cashed in. A battle is taking shape that could determine whether home ownership for working people will be an achievable dream or an American nightmare. Richard Lord is a writer for the "Pittsburgh City Paper" whose work on subprime lending has won numerous awards.

Foreclosures Continue

Foreclosures Continue PDF

Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy

Publisher:

Published: 2011

Total Pages: 280

ISBN-13:

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Handbook on the Geographies of Money and Finance

Handbook on the Geographies of Money and Finance PDF

Author: Ron Martin

Publisher: Edward Elgar Publishing

Published: 2017-03-31

Total Pages: 672

ISBN-13: 1784719005

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The aim of this timely work, which appears in the wake of the worst global financial crisis since the late 1920s, is to bring together high quality research-based contributions from leading international scholars involved in constructing a geographical perspective on money. Topics covered include the crisis, the spatial circuits of finance, regulation, mainstream financial markets (banking, equity, etc), through to the various ‘alternative’ and ‘disruptive’ forms of money that have arisen in recent years. It will be of interest to geographers, political scientists, sociologists, economists, planners and all those interested in how money shapes and reshapes socio-economic space and conditions local and regional development.

A Research Agenda for Housing

A Research Agenda for Housing PDF

Author: Markus Moos

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 256

ISBN-13: 1788116518

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Housing is one of the most pertinent issues of our time. Shaped by rapid urbanization, financialization, and various changes in demography, technology, political ideology and public policy, the provision of affordable, adequate, and suitable housing has become an increasingly challenging feat. From high-rise apartment towers constructed in global cities around the world to informal settlements rapidly expanding across the global south, this volume focuses on how political, economic, and societal changes are shaping housing in a variety of contexts.