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	<title>SubPrime Mortgage Debacle</title>
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	<description>Predatory Lending Watch, American Homes Underwater, Foreclosure Crisis</description>
	<lastBuildDate>Wed, 03 Feb 2010 18:55:52 +0000</lastBuildDate>
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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>
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		<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>
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		<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>
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		<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>
		</item>
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		<title>Are Bad Credit Mortgages Holding the Housing Industry Hostage?</title>
		<link>http://www.subprimemortgagedebacle.com/2009/10/13/are-bad-credit-mortgages-holdiong-housing-industry-hostage/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/10/13/are-bad-credit-mortgages-holdiong-housing-industry-hostage/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 04:16:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Home Financing 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=47</guid>
		<description><![CDATA[Housing is going to go down again in the first quarter of 2010,&#8221; said Steve Horne, chief executive of Wingspan Portfolio Advisors, a firm that facilitates loan modifications. &#8220;The real healing won&#8217;t begin until all these nonperforming bad credit home loans start trading in earnest, until we get these borrowers back on their feet.&#8221;  The [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Thrift Loan Originations Down</title>
		<link>http://www.subprimemortgagedebacle.com/2009/08/28/thrift-loan-originations-down/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/08/28/thrift-loan-originations-down/#comments</comments>
		<pubDate>Fri, 28 Aug 2009 15:14:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=44</guid>
		<description><![CDATA[Mortgage New Daily reported that residential home loan originations tumbled at U.S. thrifts, while mortgage loan delinquency spiked and troubled assets grew. Still, the lending sector earned its first profit in seven quarters.
The Office of Thrift Supervision reported that thrifts originated $62.4 billion in residential home mortgages during the 2nd quarter.  Mortgage loan production fell from [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Avoiding Foreclosure Rescue Scams</title>
		<link>http://www.subprimemortgagedebacle.com/2009/07/22/avoiding-foreclosure-rescue-scams/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/07/22/avoiding-foreclosure-rescue-scams/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 05:50:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[Foreclosure Rescue Scams]]></category>
		<category><![CDATA[loan modification companies]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=42</guid>
		<description><![CDATA[Unscrupulous scam artists have been targeting distressed homeowners who have been having trouble paying their home mortgage each month. These so-called foreclosure rescue companies promise to stop foreclosure. But they’re out to make a quick buck, and can turn a homeowner’s stress into a bigger disaster.  Due your due diligence and find a loan modification company that has a [...]]]></description>
		<wfw:commentRss>http://www.subprimemortgagedebacle.com/2009/07/22/avoiding-foreclosure-rescue-scams/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Home Affordable Modification Program</title>
		<link>http://www.subprimemortgagedebacle.com/2009/07/22/home-affordable-modification-program/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/07/22/home-affordable-modification-program/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 05:45:32 +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>
		<category><![CDATA[Home Affordable Modification Program]]></category>
		<category><![CDATA[Home loan]]></category>
		<category><![CDATA[loan modification]]></category>
		<category><![CDATA[Preventing Foreclosures]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=40</guid>
		<description><![CDATA[Under the Obama administration&#8217;s Home Affordable Modification Program, the Treasury Department offered lenders up to $75 billion to help them defray the cost of reducing borrowers&#8217; monthly payments to 31% of their incomes. It also enticed loan servicers with $1,000 for each loan modification, plus another $1,000 for each restructured home loan that is still [...]]]></description>
		<wfw:commentRss>http://www.subprimemortgagedebacle.com/2009/07/22/home-affordable-modification-program/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreclosure Prevention Law Updates in California</title>
		<link>http://www.subprimemortgagedebacle.com/2009/05/28/foreclosure-prevention-law-updates-in-california/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/05/28/foreclosure-prevention-law-updates-in-california/#comments</comments>
		<pubDate>Thu, 28 May 2009 15:36:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FHA Mortgage News]]></category>
		<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=38</guid>
		<description><![CDATA[
Mortgage loan modification agreements have helped many homeowners salvage their homeownership with lower mortgage payments, but not everyone qualifies.  Mortgage modifications and loan workouts are successfully negotiated when the borrower has a job and has the ability to afford the revised loan payment.
A new wave of loan modification legislation continues to arise from the increasing [...]]]></description>
		<wfw:commentRss>http://www.subprimemortgagedebacle.com/2009/05/28/foreclosure-prevention-law-updates-in-california/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Subprime Mortgage Mess Explained</title>
		<link>http://www.subprimemortgagedebacle.com/2009/02/03/subprime-mortgage-mess-explained/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/02/03/subprime-mortgage-mess-explained/#comments</comments>
		<pubDate>Tue, 03 Feb 2009 08:36:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Subprime Mortgage Video]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[Subprime Lending]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=36</guid>
		<description><![CDATA[
Watch This Subprime Lending Video 
]]></description>
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