Category:

NJ Woman’s Estate Wins Battle with Mortgage Company After Death

January 30th, 2017 by

NJ Woman’s Estate Wins Battle with Mortgage Company After Death

504 ERROR

The request could not be satisfied.


CloudFront attempted to establish a connection with the origin, but either the attempt failed or the origin closed the connection. 
If you received this error while trying to use an app or access a website, please contact the provider or website owner for assistance. 
If you provide content to customers through CloudFront, you can find steps to troubleshoot and help prevent this error by following steps in the CloudFront documentation (https://docs.aws.amazon.com/AmazonCloudFront/latest/DeveloperGuide/http-504-gateway-timeout.html).


Generated by cloudfront (CloudFront)
Request ID: 9JyOyxNtLrY8aOt_9wYaymDqlDh56LpJKApaSw

New Jersey Still Bogged Down in Foreclosures While Rest of Country Recovering

January 26th, 2017 by

New Jersey Still Bogged Down in Foreclosures While Rest of Country Recovering

Lack of Regulation of ‘Shadow Banking System’ Caused Housing Crisis

January 11th, 2017 by

The continued narrative that the housing crisis was due to government programs that helped poor people is doubtful explains  researcher at the Sloan School of Management at MIT Antoinette Scholar. She says it isn’t what happened:

“A lot of the narrative of the financial crisis has been that this [loan] origination process was broken, and therefore a lot of marginal and unsustainable borrowers got access to funding. In our opinion, the facts don’t line up with this narrative. … Calling this crisis a subprime crisis is a misnomer. In fact, it was a prime crisis.”

CBS Moneywatch author Mark Thoma points to further evidence to argue against the idea that it was not :

“Government programs that helped low-income household purchases that let to the widespread defaults on the subprime loans they held sparking the entire financial meltdown.”

For more on this story from CBS Moneywatch click here.