August 2007
Beta Gamma Sigma provides the following links to various articles about the U.S. Mortgage Crisis.
In the four-plus years of the BGS B-Zine, the Society has never covered an issue more than once, let along in consecutive issues. In the case of the widening mortgage crisis, however, we're providing an "update" to the information shared in the June 2007 issue. BGS hopes you find something of benefit and interest in our selection of articles.
Beta Gamma Sigma invites you to share your opinions with us by sending emails to bzine@betagammasigma.org.
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Linked Articles: |
They’re not making any more land
By
Jon Carroll, San Francisco Chronicle
“For a long time, I've had a lot of trouble understanding this sub-prime lender thing. It just couldn't be real.”
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The anti-Countrywide
By
Rob Kelley, CNNMoney.com staff writer
Hudson City Bancorp is the biggest winner in the S&P 500 the last month, up 21%, and it's a mortgage bank. How did one lender escape the subprime carnage? |
Ground Zero in San Diego’s Mortgage Mess
By Kelly Bennett,
VoiceofSanDiego.org staff writer
On a hushed street in the middle of a neighborhood that didn't exist a few years ago, foreclosure is a constant neighbor.
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Triangulating Real Estate
By
Dr. Housing Bubble
3 New Market Behaviors: Rewriting History, Falling Sales Receipts, and a Sort of Diverse Workforce
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Was the Mortgage a Mistake?
By
Michael S. Rosenwald, Washington Post staff writer
They bought the house they wanted and now everything’s changed. |
Mortgage crisis will strain home builders: B of A
By Alistair Barr, MarketWatch
Spike in cancellations could imperil home builders the most, bank warns. |
How 4% of Mortgages Have Brought Down the Entire Market
By
Charles Hugh Smith
“ Back on February 21, 2007, I invoked The Pareto principle to suggest that a mere 4% of U.S. mortgages going bad could bring down the entire U.S. housing and mortgage markets. Seven months later, that call appears to be playing out in spades." |
Tough Love on Wall Street
By Bill Gross, Fortune
As lenders hunt for bad loans, Pimco founder and Fortune columnist Bill Gross says the Street is learning hard lessons about disclosure. |
Fed rate cut? Don't bank on it
By Chris Isidore, CNNMoney.com senior writer
Investors betting a Fed rate cut is a lock could end up getting badly burned. |
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