Hints and tips:
...When Scaramucci senior paid off his 30-year mortgage, the family gathered for a “mortgage-burning ceremony”. So far so good....
...So far it has agreed to cancel nearly $28m of debt for 1,300 former students of Corinthian Colleges....
...Corinthian has also paid for newspaper advertisements arguing that the proposals would “severely limit student choice”....
...Wells Fargo sparked a sell-off in financials after joining other banks under investor scrutiny for “robo signer” mortgage practices, which could force them to buy back bad mortgages or compensate homeowners...
...As unemployment rises, and rents tumble, the slump is extending to touch every corner, Corinthian column and three-car garage of the housing market....
...“Problems in the US sub-prime mortgage market have impacted bonds and equities this year....
...It seems likely that on many occasions both lender and borrowers knew these mortgage applications were flimsy and ill-founded....
...loans – ITT and Corinthian have been cleared of federal investigations, Career Education remains the focus of several probes....
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