Tags » Mortgage Crisis

'It's time to hold physical cash,' says one of Britain's most senior fund managers

The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.

Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock. 660 more words

Economics

What To Expect In Today's Housing Market

The housing market is strong right now for sellers. With the job market increasing, more people are looking to buy homes in all areas of the country. 133 more words

Real Estate

Don't Bet (Against?) the House

Fighting the Last War

By Rodney Johnson, Senior Editor, Economy & Markets

A problem with most humans is that we’re really bad at letting go of what happened yesterday. 723 more words

News Article

On Bonds And Casino Capitalism Or Why It Pays To Fail.

Definition of Casino capitalism:

The kind of high-risk- high-reward behaviour indulged in by former high street bankers and many others which helped lead to the ongoing economic crisis…

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Economic Meltdown

New Crime Statistics to Include White-Collar Crimes

ST. LOUIS (KMOX) -We all know how many murders there’ve been in our cities, and where that ranks. But how many tax evaders or cyber-criminals have been caught here? 342 more words

News

U.S. Department Of Justice Sues Detroit-Based Quicken Loans

DETROIT (WWJ) – The U.S. Department of Justice is suing Quicken Loans, alleging the company lied to the government when making loans backed by the Federal Housing Administration. 497 more words

News

CreditComedy Presents: Turning The Mortgage Crisis Into Credit Comedy

Question: What happens if the 1% can’t refinance their home?

Answer: The 99% Better “Watch Out”

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Credit