World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
The state attorneys general in the U.S. and the subprime lending and foreclosure crises and mortgage settlements.
12/08/2009
Federal regulators and the Bush and Obama administrations failed miserably to help homeowners achieve loan modifications. This with the false belief that putting homeowners out of their homes would actually speed up a recovery, considering the huge scale of foreclosures in the USA , the high unemployment and other problems hitting the economy. Feldstein's consistent arguments for homeowner relief throughout 2008 and 2009- considering the large number of homeowners under water- as the mortgage crisis unfolded, were ignored by the Bush and Obama administrations. See the comparisons to Japan's lost decade, as the lack of recovery in housing adds to problems with job losses. The lawsuits, legal action and mortgage settlements facing banks as they make their way through the mortgage mess.
Grouped Articles
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09.13.2013
Wall Street Journal 12.31.2013
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10.19.2010
Banks Keep their Mortgage Litigation Reserves a Secret
New York Times 01.16.2014
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05.16.2014
BP’s Cuts May Wound Portfolio Recovery
Wall Street Journal 02.04.2015
State Attorneys General Take Helm in Mortgage Mess
New York Times 10.29.2010
How the Banks Put the Economy Underwater
New York Times 10.30.2010
New York Times 10.31.2010
Foreclosure Crisis, Part 2: Modifications
Wall Street Journal 11.06.2010
Only 1 in 4 Got Mortgage Relief
Wall Street Journal 02.28.2011
Banks Face More Loan Write-Downs
Wall Street Journal 03.04.2011
Mortgage Modification Overhaul Sought by State Attorneys General
New York Times 03.04.2011
Mortgage Practices Overhaul Proposed
Wall Street Journal 03.05.2011
Attorneys General May Be Rushing Proposal for Loan Servicers
New York Times 03.12.2011
Debt Raters Avoid Overhaul After Crisis
New York Times 12.08.2009
Wealth gap widens between whites, minorities, report says - The Washington Post
Washington Post 07.26.2011
Schneiderman Is Said to Face Pressure to Back Bank Deal
New York Times 08.21.2011
New York Times 08.22.2011
An Accidental Housing Chief Embraces the Power of 'No'
Wall Street Journal 08.31.2011
Wall Street Journal 09.07.2011
California Pulls Out of Foreclosure Talks
Wall Street Journal 09.30.2011
California Pulls Out of Foreclosure Talks
Wall Street Journal 10.01.2011
For Eric Schneiderman, New York Attorney General, Some Notice
New York Times 09.30.2011
Wall Street’s resurgent prosperity frustrates its claims, and Obama’s - The Washington Post
Washington Post 11.07.2011
New York Times 11.08.2011
India and America, Two Peas in a Pod
New York Times 11.08.2011
Foreclosure Talks Push Ahead Absent California
Wall Street Journal 11.23.2011
U.S., Banks Agree on Foreclosure Pact
Wall Street Journal 02.09.2012
States Negotiate $26 Billion Agreement for Homeowners
New York Times 02.08.2012
Settlement Lifts Hopes For Housing Recovery
Wall Street Journal 02.10.2012
The Foreclosure Deal: Unanswered Questions and Little Relief
New York Times 02.11.2012
The Foreclosure Settlement: What Homeowners Need Now
New York Times 02.11.2012
Mortgage Settlement Leaves Much to Be Desired - Fair Game
New York Times 02.11.2012
New York Times 02.17.2012
Foreclosure Inquiry by Federal Reserve Focuses on 8 More Firms
New York Times 04.01.2012
Homeownership Rate Declines to 15-Year Low
Wall Street Journal 05.01.2012
Bank of America Starts Mortgage Reduction Effort
New York Times 05.07.2012
Washington Post 07.09.2012
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07.30.2012
Regulator Resists Mortgage Reductions
Wall Street Journal 08.01.2012
Slow Response to Housing Crisis Now Weighs on Obama
New York Times 08.19.2012
Ruth Marcus: Fallacies at the heart of Romney’s tax plan - The Washington Post
Washington Post 09.26.2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us