Subprime Loans

How Wall Street is Ruining America: More Than a Slap on the Wrist, Socialize Lending?

By Candy Evans / July 19, 2012 / 0 Comments

We’ve been hearing a lot about the Libor scandal lately, and as I’m sure most of you know, the LIBOR rate affects many home mortgages. The London Interbank Offered Rate, or LIBOR, is a benchmark interest rate on which a whole lot of loans and financing is based. The scandel, which started in good ole’ London, is […]

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How Washington, D.C. and the Banking Industry is Killing the Housing Market, Part II: Dodd Frank Gone Rogue

By Candy Evans / September 19, 2011 / 2 Comments

I hate Dodd-Frank. It’s a good idea gone rogue. And if you value the ability of qualified people to buy real estate without having to place 20% to 50% as a down payment, you should hate it, too. Dodd-Frank is like nuking an entire apartment complex to get rid of bedbugs in one small 300 square foot […]

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