The loans that were written are commonly referred to as “liar loans”, and the upper end consequences can be read in the financial section of your local newspaper, and in the Wall Street Journal, where they've made the front page; ... Publisher - IDORS Creator - admin Date - Wed, 08 Sep 2010 17:38:12 GMT

Calculated Risk: This is NOT a liar loan

First, this article doesn't provide evidence that liar loans have made a comeback, although low-doc loans based on collateral are being offered. And, second, if "liar loans" were coming back that would be a BAD BAD thing. ... Publisher - Calculated Risk Creator - CalculatedRisk Date - Fri, 09 Jul 2010 17:38:00 GMT

Hot Air » Good news: No-doc “liar loans” making a comeback

Did you think the housing collapse killed off “liar loans”–those infamous bubble-era mortgages for which people were allowed to get creative in portraying their ability to make the payments? Well, they're back, and that may be a good ... Publisher - Hot Air » Top Picks Creator - Ed Morrissey Date - Thu, 08 Jul 2010 18:55:22 GMT

Clarification - We screwed up! Doesn't the liar loan thing scream ...

The whole point of liar loans / Ninja loans was to provide applicants (and by applicants we mean mortgage brokers who filled out applications) with the opportunity to pay for the privilege of making sure nobody checked out their story. Publisher - Wall Street Law Blog Creator - Brett Sherman Date - Sat, 21 Aug 2010 21:24:00 GMT

Are Liar Loans Behind The Housing Crisis? - Investigative Guy John ...

Liar loans = no doc loans …in one sentencing i had a federal prosecutor blame the crisis on the defendant which caused the Judge to give him a little dose of reality and he said that crisis started wih the banks enabling the behavior ... Publisher - Investigative Guy John Mattes - Reports & Scams Creator - jmattes Date - Mon, 09 Aug 2010 04:01:10 GMT

What I learned from Ashlyn Nelson about Liar Loans and ...

Delving into these “liar loans”–the low documentation loans–they use a neat set of reasonings to gather an estimate of potential income exaggeration. Now, this is an estimate of real income for individuals gathered from neighborhood ... Publisher - Sustainable Cities and Transport Creator - drschweitzer Date - Wed, 18 Aug 2010 06:42:53 GMT

Liar Loan Definition

Liar Loan Definition - Definition of Liar Loan Definition on Investopedia - A category of mortgages known as low-documentation or no-documentation mortgages that have been abused to the point where the loans are. Publisher - Investopedia.com Headlines Creator - unknown Date - Sat, 23 Jun 2007 07:00:00 GMT

cryptogon.com » 'Liar Loans' Make a Comeback

'Liar Loans' Make a Comeback. July 9th, 2010. As I was reading this, I kept thinking, “Who's going to buy these loans?” The answer, at least according to this, is nobody. The companies are going to hold these loans on their books: ... Publisher - cryptogon.com Creator - Kevin Date - Fri, 09 Jul 2010 12:04:01 GMT

Iain Macwhirter Now and Then: Liar Loans: SFA from the FSA

Yesterday, the boss of Britain's financial watchdog, Lord Turner, grandly announced that the FSA was going to put an end to “liar loans”, 125% “suicide” mortgages and other scams from the great housing bubble. Bit late your Lordship. ... Publisher - Iain Macwhirter Now and Then Creator - iain macwhirter Date - Thu, 15 Jul 2010 16:47:00 GMT

Why The Tea Party Can Help The Republican Brand - Swampland - TIME.com

Bankers were willing to make loans they never would have in the past (so called “liar loans”) because they knew damn right well they could repackage them and sell the massive risk off to Fanny Mae and Freddy Mac which were government ... Publisher - Swampland Creator - Michael Scherer Date - Tue, 07 Sep 2010 14:33:20 GMT