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"Extend and pretend" in the U.S. banking industry- 2010-2012
07/16/2011
The large losses that still remain to be taken by the banking industry as housing prices face further decline. This includes losses on the first mortgage and on second liens. Second liens refer to home equity lines of credit.
Grouped Articles
Second-Lien Loans May Prompt New Losses for Banks
New York Times 07.16.2011
New York Times 08.22.2011
Book portrays dysfunction in Obama White House - The Washington Post
Washington Post 09.17.2011
To Fix the Housing Crisis, Read the Data
New York Times 11.04.2011
Wall Street Journal 11.30.2011
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
Bonds backed by Mortgages Regain Allure
New York Times 02.18.2012
Wall Street Journal 04.15.2012
New York Times 04.13.2012
Homeownership Rate Declines to 15-Year Low
Wall Street Journal 05.01.2012
Texas Lending Law Shielded Many Homeowners From Housing Bust
New York Times 05.25.2012
Wall Street Journal 08.28.2012
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