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This African-American Moment
Our coverage continues from Denver. We'll talk with Maya Angelou, Alice Walker, and Ishmael Reed about how they're seeing this historic moment.
[0:00:10] ... Major funding for on point is provided by Liberty Mutual probably your auto home life and business insurance needs Liberty Mutual responsibility. Which your policy. ...
[0:28:14] ... On the -- foreclosures candle. Is because nobody will qualify for conventional loans racial redlining in the banks like Wells Fargo including Baltimore's season and so you know -- ...
This African-American Moment
Our coverage continues from Denver. We'll talk with Maya Angelou, Alice Walker, and Ishmael Reed about how they're seeing this historic moment.
[0:00:10] ... Major funding for on point is provided by Liberty Mutual probably your auto home life and business insurance needs Liberty Mutual responsibility. Which your policy. ...
[0:28:14] ... On the -- foreclosures candle. Is because nobody will qualify for conventional loans racial redlining in the banks like Wells Fargo including Baltimore's season and so you know -- ...
This African-American Moment
Our coverage continues from Denver. We'll talk with Maya Angelou, Alice Walker, and Ishmael Reed about how they're seeing this historic moment.
[0:00:14] ... Major funding for on point is provided by Liberty Mutual probably your auto home life and business insurance needs Liberty Mutual responsibility. Which your policy. ...
[0:28:17] ... the causes foreclosures candle. Is because -- you qualify for conventional loans racial redlining in the banks like Wells Fargo including Baltimore's season and so you know -- ...
KOR-2008-0828-1100.mp3
Daily News Updates From Radio Free Asia, Korean Service
[0:58:45] ... and then put on OK you -- Don't rental -- on the auto puts Ripken's under 900. -- not all will go. Political dug in again put out doctor again on border part on. Local ...
[1:03:53] ... are -- on the model eligible. And it got a hundred loans could not get down horrible tragedy in her. I don't know how to and has cleared and it just sort of general ...
[2:41:09] ... communion from the isn't an entourage or even until concluding that the auto and humble and our all our. Whether conclude as a consumer and boom in the community and who broke until we're in ...
NPR: 08-28-2008 Shuffle
NPR Shuffle mixes it up every day, offering an unpredictable sampler from 'Morning Edition', 'All Things Considered' and other award-winning NPR programs. Enjoy listening to this podcast just as you would enjoy listening to NPR - ready to be surprised by the next great story!
[0:00:37] ... data from the US Office of Thrift Supervision the -- savings and loans. Lost five point four billion dollars in the second quarter. And they set aside a record amount fourteen billion dollars to cover expected losses from bad mortgage and other loans. The FDIC reported yesterday that the combined banks and thrifts it ensures set aside more than fifty billion dollars to cover losses. ...
[0:21:25] ... of mortgage that could bring another wave of foreclosures. Unlike sub prime loans and most people who took out adjustable rate mortgages or option arms had good credit. Still as NPR's wade Goodwyn reports they ...
[0:21:45] ... had lots of different names they were marketed as cash flow option loans or interest only loans even picked up payment loans. The bankers had their own name for this innovative financing. In this case innovative meant that for the first five years the ...
[0:23:37] ... because unlike much of the sub prime mortgage lending. More of these loans have tended to be held by the banks on their books. ...
[0:24:30] ... you 45 trillion dollars for the private label securitization of all comments auto loans mortgage paper name. It's now without investor support. As investors pull out and available credit contracts so -- growth opportunities for American business and this is flowing through all different segments of the US economy housing receive rules finance for small and medium -- companies there's just -- the banks are in -- defensive posture they don't want to take more script and the Federal Deposit Insurance Corporation warned this week that the outlook for the industry is worsening. The number of bad loans is at its highest level in fifteen years and earnings declined 86%. To the last three months. A number of banks on ...