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	<title>SubPrime Mortgage Crisis News</title>
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	<description>Predatory Lending Watch, American Homes Underwater, Subprime Loan Articles</description>
	<lastBuildDate>Wed, 02 Mar 2011 05:49:17 +0000</lastBuildDate>
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		<title>FHA and the Subprime Lending Alternative</title>
		<link>http://www.subprimemortgagedebacle.com/2011/03/01/fha-and-the-subprime-lending-alternative/</link>
		<comments>http://www.subprimemortgagedebacle.com/2011/03/01/fha-and-the-subprime-lending-alternative/#comments</comments>
		<pubDate>Wed, 02 Mar 2011 05:42:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FHA Mortgage News]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=87</guid>
		<description><![CDATA[Many loan professionals consider a FHA home mortgage as a subtype of a subprime mortgage. The fact is that finding a no down-payment home loan for borrowers with less than perfect credit is not as easy as it once was. However, while both FHA mortgages and subprime loans are designed to help those that could [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Loan Refinance Options After a Bankruptcy</title>
		<link>http://www.subprimemortgagedebacle.com/2011/03/01/loan-refinance-options-after-a-bankruptcy/</link>
		<comments>http://www.subprimemortgagedebacle.com/2011/03/01/loan-refinance-options-after-a-bankruptcy/#comments</comments>
		<pubDate>Wed, 02 Mar 2011 05:31:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bad Credit Mortgage]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=84</guid>
		<description><![CDATA[Millions of borrowers are suffering with bad credit scores since the subprime mortgage crisis rolled in five years ago. The U.S. Department of the Treasury estimated that 8 to 13 million foreclosures will occur between now and 2012 unless subprime lenders expand bad credit refinancing and mortgage relief for borrowers who are stuck with an adjustable rate [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Plans to Improve Fannie Mae and Freddie Mac</title>
		<link>http://www.subprimemortgagedebacle.com/2011/01/27/new-plans-to-improve-fannie-mae-and-freddie-mac/</link>
		<comments>http://www.subprimemortgagedebacle.com/2011/01/27/new-plans-to-improve-fannie-mae-and-freddie-mac/#comments</comments>
		<pubDate>Fri, 28 Jan 2011 00:34:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=81</guid>
		<description><![CDATA[As the dust has settled on the housing and mortgage crisis, several groups are considering new reform plans for Fannie Mae, Freddie Mac and the Federal Reserve. The fact is that is wasn’t just subprime home loans that defaulted.  Many conforming, jumbo and FHA loan activity saw huge increases in foreclosures and delinquencies.  Sure the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank of America Announces More Mortgage Defaults</title>
		<link>http://www.subprimemortgagedebacle.com/2011/01/21/bank-of-america-announces-more-mortgage-defaults/</link>
		<comments>http://www.subprimemortgagedebacle.com/2011/01/21/bank-of-america-announces-more-mortgage-defaults/#comments</comments>
		<pubDate>Fri, 21 Jan 2011 19:25:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=79</guid>
		<description><![CDATA[Symbolizing the hang-over of the subprime mortgage debacle, Bank of America reported a 4th quarter loss of $1.2 billion, or 16 cents a share, as write-downs and charges tied to the bad credit mortgages and delinquent loans.  
Brian T. Moynihan, who took over as chief executive of Bank of America one year ago, has spent much [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae and Freddie Mac Would Disappear in Proposed Bill</title>
		<link>http://www.subprimemortgagedebacle.com/2011/01/21/fannie-mae-and-freddie-mac-would-disappear-in-proposed-bill/</link>
		<comments>http://www.subprimemortgagedebacle.com/2011/01/21/fannie-mae-and-freddie-mac-would-disappear-in-proposed-bill/#comments</comments>
		<pubDate>Fri, 21 Jan 2011 19:02:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=75</guid>
		<description><![CDATA[Bloomberg reported yesterday that Rep. Jeb Hensarling, who is the vice chairman of the House Financial Services Committee, plans to propose new home loan legislation that would do away with Fannie Mae and Freddie Mac within five years. Freddie Mac and Fannie Mae have been under the conservatorship of the FHFA since 2008, when the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Will a Foreclosure Moratorium in California Help?</title>
		<link>http://www.subprimemortgagedebacle.com/2010/10/05/will-a-foreclosure-moratorium-in-california-help/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/10/05/will-a-foreclosure-moratorium-in-california-help/#comments</comments>
		<pubDate>Tue, 05 Oct 2010 14:43:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bad Credit Mortgage]]></category>
		<category><![CDATA[Published Article]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=64</guid>
		<description><![CDATA[Even with the lowest mortgage rates in California in 40-years, many homeowners do not qualify for affordable refinancing. In the Golden state, most California lenders foreclose outside of court. The bank tells a trustee, which may be an arm of the bank, that it&#8217;s time to foreclose, says attorney Pamela Simmons, a partner with Simmons [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Wells Fargo Dealing with Option ARM Loans</title>
		<link>http://www.subprimemortgagedebacle.com/2010/02/03/wells-fargo-dealing-with-option-arm-loans/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/02/03/wells-fargo-dealing-with-option-arm-loans/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 18:55:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bad Credit Mortgage]]></category>
		<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Home Affordable Modification Program]]></category>
		<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[option ARM]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=60</guid>
		<description><![CDATA[Wells Fargo saw a $28.2 billion reduction in unpaid principal balances on legacy payment option ARM loans last year, according to an investor conference presentation by the company&#8217;s CFO. A recent Wall Street Journal report indicates that Wells has been reducing payments for some underwater borrowers who originally took out negative amortization loans by offering [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mortgage Relief Plan</title>
		<link>http://www.subprimemortgagedebacle.com/2010/02/03/mortgage-relief-plan/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/02/03/mortgage-relief-plan/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 15:00:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=57</guid>
		<description><![CDATA[The Treasury Department announced new changes in an effort to streamline burdensome paperwork required for its mortgage relief plan.  The changes to the problem-plagued program could help more homeowners successfully complete a loan modification.  Mortgage lenders will now be required to collect two pay stubs at the start of the process, and borrowers will have to give [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>5 Ways to Improve the Mortgage Market</title>
		<link>http://www.subprimemortgagedebacle.com/2010/01/27/5-ways-to-improve-the-mortgage-market/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/01/27/5-ways-to-improve-the-mortgage-market/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 04:13:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=52</guid>
		<description><![CDATA[As debate in Washington is revving up over the future of the home financing structure, the head of Freddie Mac offered a defense on Tuesday of the government-sponsored enterprise model that served as the foundation of the U.S. mortgage loan market for decades.  In a speech before the Detroit Economic Club on Tuesday, Freddie Chief [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Risked Based Credit Replacing Subprime Loans</title>
		<link>http://www.subprimemortgagedebacle.com/2010/01/08/risked-based-credit-replacing-subprime-loans/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/01/08/risked-based-credit-replacing-subprime-loans/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 23:46:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bad Credit Mortgage]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Risk Based Mortgage Lending]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=50</guid>
		<description><![CDATA[Like conventional lending, subprime mortgage loans have always been evaluated based on your credit score, combined loan to value and debt to income ratio, the rate was always significantly higher. Most brokers would recommend the refinance mortgages that make the most sense financially based on your present and future needs. Choose refinancing from conventional, government, second mortgage [...]]]></description>
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		<slash:comments>0</slash:comments>
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