Tag "subprime mortgages"

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State Pushing Sub-Prime Energy Home Loans

May 24, 2012 By Wayne Lusvardi Wasn’t the sub-prime disaster of the last decade bad enough? From 2003 to 2007, it was likely the Association of Community Organizations for Reform Now (ACORN) helping unqualified low-income renters fill out sub-prime home

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FHA subprime defaults hit 9% in California

May 18, 2012 By Chriss Street The American taxpayer is about to be saddled with another multi-billions bailout of subprime mortgage loan losses  from the stealth Federal Housing Authority lending program that has been offering ultra-low 3.5 percent down payments since

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