Category Archives: subprime

Focus of New Regulation Should Be On Securitization

Posted on November 11, 2008 by Isaac Gradman

The election of Barack Obama as the presumptive 44th President of the United States promises to usher in an era of increased regulation of the financial markets pursuant to Obama’s platform of economic reform. So far, many commentaries on the … Continue reading →

Posted in accounting, Alt-A, banks, Barack Obama, broader credit crisis, causes of the crisis, lenders, mortgage market, regulation, securities, securitization, subprime | Leave a comment

Clinton Breaks Down the Credit Crisis

Posted on October 30, 2008 by Isaac Gradman

I happened to catch Bill Clinton on the Late Show with David Letterman earlier this month and was surprised at how much substance was contained in the interview. I encourage you to read the full text of Clinton’s explanation of … Continue reading →

Posted in banks, Bill Clinton, causes of the crisis, cheap money, Fannie Mae, Federal Reserve, Freddie Mac, incentives, interest rates, legislation, lenders, liquidity, overinvestment, subprime | Leave a comment

Potential Jurors Unfriendly to Mortgage Lenders?

Posted on October 18, 2008 by Isaac Gradman

As reported by Peter Page in the National Law Journal (subscription required), a survey completed earlier this month of adults eligible for jury service found that potential jurors overwhelmingly held plaintiff-oriented perceptions with respect to suits against mortgage lenders. “Nearly … Continue reading →

Posted in causes of the crisis, Howard Rice, jury trials, lenders, litigation, mortgage insurers, predatory lending, public perceptions, securitization, subprime, underwriting practices | Leave a comment

Howard Rice Issues Press Release Featuring Attorney Blogs

Posted on October 17, 2008 by Isaac Gradman

In a bit of shameless self-promotion, I note that The Subprime Shakeout was featured, along with Steve Mayer’s blog, The California Constitution, in a press release issued by Howard Rice Nemerovski Canady Falk & Rabkin about the firm’s promotion of … Continue reading →

Posted in Howard Rice, press, subprime | Leave a comment

Wikipedia Subprime Timeline a Comprehensive (and Opinionated) Resource

Posted on October 15, 2008 by Isaac Gradman

I just discovered the Wikipedia Subprime Crisis Impact Timeline that provides a great resource to those trying to understand what this crisis is and how we got here. The timeline spans 40 years from 1968 to the present, including the … Continue reading →

Posted in bailout, banks, Ben Bernanke, causes of the crisis, Fannie Mae, Federal Reserve, Freddie Mac, Hank Paulson, legislation, regulation, securitization, subprime, takeover, timeline, Treasury, Wikipedia | Leave a comment