Blogs: Subprime Mortgage Crisis

Bev Llorente reports on one of the nation's problem vegas mortgage crisis, financial meltdown in the valley.. This is a sample footer. This text can be customized from the options page. Good luck. Related Posts ...

Gary L. Crittenden, the former chief financial officer of Citigroup, joined the bank in February 2007, a few months before the subprime mortgage crisis erupted, shaking the financial system. At the time he told The New York Times that ...

In an April hearing on Capitol Hill about the mortgage crisis, Sen. Carl Levin, D-Mich., reportedly pointed to CEO Lloyd Blankfein and said the word “sh—y” over and over as he referred to a 2007 e-mail from a Goldman executive describing one of the ... A couple of weeks ago, Goldman paid a $550 million fine to settle SEC charges that it had sold a product called a CDO, or collateralized debt obligation, with the intention of cashing in on the subprime mortgage mess. ...

Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, two sources briefed on the deal told the New ...

According to a recent FICO report, more than 43.4 million Americans now carry a credit score of 599 or below, making it more difficult for them to secure a new mortgage loan after a foreclosure. Prior to the subprime mortgage crisis, ...