Art Fried
•Download as PPT, PDF•
0 likes•154 views
Art Fried keeps reading more and more about the real estate/foreclosure problems in US in general and Arizona in particular are experiencing.
Report
Share
Report
Share
Recommended
Senior Project: Research Paper
The document discusses the subprime mortgage crisis that began in the early 2000s and led to a recession. It describes how many Americans took out subprime mortgages that they could not afford once rates adjusted higher. This caused a surge in foreclosures that hurt the housing and construction industries. While the crisis began in 2001, its effects were not fully felt until 2007 when home prices declined significantly and the economy entered a recession. Recent investments in housing developments suggest a possible recovery, but many are still dealing with the financial impacts of the crisis years later.
Comm 439 economy-1
The document provides summaries and analysis of several news articles covering the 2008 economic crisis. It examines articles that gauge housing market sentiment, explain the Fannie Mae and Freddie Mac bailout and its impact, outline the course of the crisis, explain AIG's role and bailout, and analyze Ben Bernanke's leadership during the recovery. The summaries are thorough yet concise, provide historical context, and avoid speculation, making them accessible to both economic experts and novices.
The Housing Bubble and Financial Crisis: A New View
1) The housing bubble was driven by supply, not credit, as Americans built new homes to reduce costs by moving to more affordable areas.
2) After 2008, housing markets were driven by a credit shock as low-tier home prices collapsed, rather than by addressing the underlying supply issues.
3) Regulators incorrectly treated the crisis as a credit problem rather than a supply problem, cutting home prices, devastating homeowners' equity, and locking many buyers out of the market long-term.
Economic crash
Uncle Sam (the US government) faces large budget deficits each year as expenses of $3.8 trillion exceed income of $2.2 trillion, requiring borrowing. The national debt has grown to $14 trillion and interest payments are difficult to afford. Creating more money through the Federal Reserve causes inflation as the money supply increases. High debt levels and trade imbalances have contributed to job losses and recessions. The government is in a difficult position between raising taxes or cutting spending to address deficits, which could worsen economic problems, or continuing to borrow and risk a potential debt crisis and global economic collapse.
Why the economy will collapse
A lecture delivered in 2010/11. Why the economy will collapse is a warning to all investors who speculate on stocks and shares, and other forms of speculation. It is far better to invest directly into CASH & PROFITS.
America needs a fair deal now
The document argues that average Americans are struggling financially while corporate CEOs and Wall Street executives make much more money and pay lower taxes. It notes that the average CEO makes $300 for every $1 an average employee earns, unemployment is over 9%, and corporate profits hit record highs of $14.7 trillion after taxes. Meanwhile, bailed out banks paid executives millions in bonuses and homeowners are losing their homes. The document calls on Americans to join Occupy America and demand a fair deal from their elected representatives.
Econ final
1) The document discusses several TIME magazine articles covering the 2008 economic crisis and its aftermath.
2) The articles clearly explain the crisis, its causes, key events and bailouts in a way that is understandable to general readers.
3) While the magazine provides good historical context and analysis, it could improve by more forcefully questioning authorities and providing a clearer course of action for the future.
impact of recession
The document summarizes the global financial crisis that began with the subprime mortgage crisis in the United States. Low interest rates and easy credit led many borrowers who could not qualify for prime loans to receive subprime loans. When housing prices declined and borrowers defaulted, banks suffered huge losses writing off subprime loans. This credit crunch spread globally as banks became wary of lending, slowing economies worldwide. The crisis demonstrates the need for regulatory frameworks to prevent unchecked greed from negatively impacting billions of lives.
Recommended
Senior Project: Research Paper
The document discusses the subprime mortgage crisis that began in the early 2000s and led to a recession. It describes how many Americans took out subprime mortgages that they could not afford once rates adjusted higher. This caused a surge in foreclosures that hurt the housing and construction industries. While the crisis began in 2001, its effects were not fully felt until 2007 when home prices declined significantly and the economy entered a recession. Recent investments in housing developments suggest a possible recovery, but many are still dealing with the financial impacts of the crisis years later.
Comm 439 economy-1
The document provides summaries and analysis of several news articles covering the 2008 economic crisis. It examines articles that gauge housing market sentiment, explain the Fannie Mae and Freddie Mac bailout and its impact, outline the course of the crisis, explain AIG's role and bailout, and analyze Ben Bernanke's leadership during the recovery. The summaries are thorough yet concise, provide historical context, and avoid speculation, making them accessible to both economic experts and novices.
The Housing Bubble and Financial Crisis: A New View
1) The housing bubble was driven by supply, not credit, as Americans built new homes to reduce costs by moving to more affordable areas.
2) After 2008, housing markets were driven by a credit shock as low-tier home prices collapsed, rather than by addressing the underlying supply issues.
3) Regulators incorrectly treated the crisis as a credit problem rather than a supply problem, cutting home prices, devastating homeowners' equity, and locking many buyers out of the market long-term.
Economic crash
Uncle Sam (the US government) faces large budget deficits each year as expenses of $3.8 trillion exceed income of $2.2 trillion, requiring borrowing. The national debt has grown to $14 trillion and interest payments are difficult to afford. Creating more money through the Federal Reserve causes inflation as the money supply increases. High debt levels and trade imbalances have contributed to job losses and recessions. The government is in a difficult position between raising taxes or cutting spending to address deficits, which could worsen economic problems, or continuing to borrow and risk a potential debt crisis and global economic collapse.
Why the economy will collapse
A lecture delivered in 2010/11. Why the economy will collapse is a warning to all investors who speculate on stocks and shares, and other forms of speculation. It is far better to invest directly into CASH & PROFITS.
America needs a fair deal now
The document argues that average Americans are struggling financially while corporate CEOs and Wall Street executives make much more money and pay lower taxes. It notes that the average CEO makes $300 for every $1 an average employee earns, unemployment is over 9%, and corporate profits hit record highs of $14.7 trillion after taxes. Meanwhile, bailed out banks paid executives millions in bonuses and homeowners are losing their homes. The document calls on Americans to join Occupy America and demand a fair deal from their elected representatives.
Econ final
1) The document discusses several TIME magazine articles covering the 2008 economic crisis and its aftermath.
2) The articles clearly explain the crisis, its causes, key events and bailouts in a way that is understandable to general readers.
3) While the magazine provides good historical context and analysis, it could improve by more forcefully questioning authorities and providing a clearer course of action for the future.
impact of recession
The document summarizes the global financial crisis that began with the subprime mortgage crisis in the United States. Low interest rates and easy credit led many borrowers who could not qualify for prime loans to receive subprime loans. When housing prices declined and borrowers defaulted, banks suffered huge losses writing off subprime loans. This credit crunch spread globally as banks became wary of lending, slowing economies worldwide. The crisis demonstrates the need for regulatory frameworks to prevent unchecked greed from negatively impacting billions of lives.
Undermining The American Dream
Heritage Foundation economist Bill Beach explores how federal policies are undermining the American Dream in a presentation to the Naples Committee for Heritage on February 17, 2010.
Recovery to Normalcy - Colorado Housing Overview and Forecast
The document discusses the outlook for the US housing market and economic recovery. It notes that while the job market and GDP are growing, the recovery remains uncertain. Housing starts, sales and prices stabilized in 2010 but remain depressed. The baseline outlook predicts moderate economic and job growth over the next few years, with housing market stabilization as affordability and pent-up demand support sales. However, risks include high inflation, deflation, or a budget crisis that could slow the recovery.
How to Make Money in Real Estate in the New Economy
1) The housing crisis began in 2007 when the real estate market collapsed, leaving many property owners struggling with mortgages on properties that had declined sharply in value.
2) Loose lending practices prior to the crisis, including subprime loans and exotic mortgages, contributed to the crisis by enabling many homeowners to take on more debt than they could afford.
3) The crisis had wide-ranging impacts, including a global financial crisis in 2008, a recession, and long-term changes to real estate investing and lending standards.
Managing national-debt2
The document discusses solutions to prevent increases in national debt in the United States. It proposes: 1) not raising the debt ceiling and gradually decreasing it over time; 2) creating a "layaway fund" that takes $5 billion per month from the budget to pay down debt; and 3) inspiring domestic involvement by creating an organization called P.O.D. to encourage individuals to pay off debts and discourage going further into debt. The goal is to curb continually rising national debt levels to avoid burdening future generations with economic problems.
What about the "Gusher" in Washington, D.C.?
A comparison of the U.S. Congress reaction to the BP oil spill vrs. the U.S. National debt: who's motivated to "plug this hole"?
Financial Crisis - America
The document summarizes the aftermath of the 2007 financial crisis in America. It discusses the causes of the crisis, including low interest rates, sub-prime mortgages, and the housing market collapse. The effects in America included high unemployment, falling GDP, and rising crime rates. The government took actions to stabilize the banking system and provide more affordable insurance while cutting taxes to support the economy. The current situation shows continued high budget deficits and national debt despite growth in the stock market and GDP.
45 Page Conference Paper
The document provides an overview of the causes of the 2008 financial crisis. It discusses risky government policies in the late 1990s and 2000s that encouraged homeownership and an unregulated derivatives market. These policies contributed to a housing bubble fueled by subprime lending and excessive risk-taking by financial institutions. When home prices peaked in 2006 and then declined, foreclosures increased which weakened banks and led to a broader economic crisis. The government implemented TARP and other programs to bail out financial institutions and stabilize the economy.
Should I Short Sale My Home - Chapter 1
This document provides an overview of short sales and discusses whether homeowners should consider short selling their homes given the struggling housing market. It notes that over 20 million homeowners will have negative equity and foreclosures have already exceeded 2.9 million. The document examines the options of sticking it out versus short selling for a homeowner upside down on their mortgage. It finds that short selling, while damaging credit, could allow homeowners to save money by renting at lower rates until home prices recover versus continuing to pay a higher mortgage.
Research Paper
This document provides an abstract and introduction for a research paper about the causes of the Great Recession. The paper will examine the housing and credit bubbles that contributed to the recession and study how improving financial literacy could help prevent future crises. The introduction discusses the motivation for the research and provides background on the bursting of the housing bubble and credit crunch. It analyzes the impacts of deregulation that allowed riskier lending and the merger of banks and insurance companies. The document will review literature on these topics and survey students' financial knowledge to understand how awareness could impact financial crises.
Home Ownership
The document summarizes the evolution of home ownership and mortgage finance in the United States, leading up to the financial crisis of 2008. It describes how government intervention during the Great Depression made home ownership more accessible through longer-term, fixed rate mortgages. It then discusses how further government actions and policies in subsequent decades continued expanding home ownership but also contributed to riskier lending practices and eventual housing bubble. The crisis began with the collapse of the subprime mortgage market in 2007 and led to the failures of major financial firms like Lehman Brothers and government bailouts of Fannie Mae, Freddie Mac, and AIG in 2008.
Cnn financial crisis(final)
CNN covered the unfolding financial crisis and housing meltdown over several years through numerous reports:
- In 2005, Greenspan expressed concerns about exotic mortgage products and a potential downturn hurting the housing market.
- By 2007, articles discussed rising foreclosures and steps homeowners could take to avoid them. Experts warned mounting foreclosures would stress the economy.
- In 2008, CNN questioned views that downplayed the crisis and explained economic terms to viewers. Reports analyzed the collapse of Bear Stearns and Lehman Brothers.
- Coverage continued in 2009 with discussions of the recession's impacts, the new HUD Secretary's plans to address the crisis, and more than half of Americans feeling negative effects by 2010
Cnn financial crisis
CNN covered the unfolding financial crisis and housing meltdown over several years through numerous reports:
- In 2005, Greenspan expressed concerns about exotic mortgages and a potential downturn hurting the housing market.
- By 2007, articles discussed rising foreclosures and steps homeowners could take to avoid them, with experts warning of mounting stress on the economy.
- In 2008, CNN questioned views that downplayed the crisis and educated viewers on economic terms, and explored the causes of institutions like Bear Stearns and Lehman Brothers collapsing.
- Coverage continued into 2009-2010 with discussions of government responses, reform bills, and stories of individual impacts, with over half of Americans saying they felt effects of unemployment
Question speech presentation
The document lists the salaries of several CEOs, with the Walmart CEO making $35 million, the Ford CEO making $54.5 million, and the Viacom CEO making $84.5 million. It also provides information on whom to contact in government and statistics on the number of people who died of hunger and the amount of money it would take to feed the hungry for a day.
Az
Multimillion dollar mansion sales have increased 25% while the overall housing market has declined 30% since 2007, showing that the wealthy are faring better during the recession. Data from Birmingham, Alabama shows high-end home sales rising 21% in August 2012 compared to the previous year. Meanwhile, middle and lower classes face greater risks of poverty as one in ten New Jersey homes sold in 2011 were in foreclosure proceedings and nearly 211,000 households received foreclosure filings in February 2012, though this was a 19% drop from the prior year. However, foreclosures have disproportionately impacted African American and Latino communities.
Global financial crisis
The global financial crisis began in 2007-2008 and involved a breakdown in financial markets and bank lending. It was caused by excessive borrowing and risky investments by banks, individuals and governments. As debt levels rose and housing prices declined, borrowers were unable to repay loans. This led to a loss of confidence in banks and a freezing of interbank lending. The crisis spread globally due to increased economic integration and trade. Many large financial institutions collapsed or were bailed out by governments to prevent a systemic meltdown. The crisis plunged many countries into recession with rising unemployment and declines in trade, production and income.
Turn This Crisis Into An Opportunity "Recession Remedy"
- DISCOVER Why Your Savings and Retirement Fund is at Risk
- AVOID The Devastating Money-Mistake 99% of People are about to Make
- GENERATE Massive Profits With The Secret "Recession Remedy"
Experts On Credit Crisis
This document provides quotes and commentary from political and economic leaders during the 2007-2008 financial crisis and housing market collapse. It includes perspectives from Barack Obama, John McCain, Alan Greenspan, Ben Bernanke, Hank Paulson, Warren Buffett, and others on the causes of the crisis and potential policy responses. Many of the quotes acknowledge problems in the subprime mortgage market and housing but underestimate the severity and broader economic impact of the crisis as it unfolded.
Financial Crisis Informative Speech
The deregulation of the banking industry in 1998, combined with loose monetary policy and risky subprime loans, led to a housing bubble that burst in 2008. This caused Lehman Brothers to declare bankruptcy after announcing major losses, which further destabilized the financial system and marked the official start of the Financial Crisis of 2008-2009.
Washington dc financing-for-dummies
The document discusses the national debt and deficit debates occurring in Washington D.C. It notes that the U.S. government brings in around $2.4 trillion in annual tax revenue but spends over $3 trillion by borrowing an additional trillion dollars. The debt ceiling, which is the maximum amount the government can borrow, is currently being debated to be raised to around $16 trillion total debt. The document provides an analogy that this is like a family making $50k per year but spending $100k and putting the extra $50k on credit cards. Additionally, it notes that while the Federal Reserve is prohibited from directly paying debt, its quantitative easing program essentially prints money digitally to buy back U.S. debt
Debt final
This document discusses debt at various levels - individual, national, and global. It defines debt as something owed, usually money, goods, or services. It notes that debt has existed for governments and individuals throughout history, used to pay for things like wars, disasters, and excessive spending. The document outlines growing debt levels in Texas, the United States, and worldwide. It suggests everyone is negatively impacted, especially the poor and underdeveloped nations. Potential solutions proposed include budget controls, voting, education on personal finance, and living within means. It raises questions about whether solutions can curb growing debt problems.
More Related Content
What's hot
Undermining The American Dream
Heritage Foundation economist Bill Beach explores how federal policies are undermining the American Dream in a presentation to the Naples Committee for Heritage on February 17, 2010.
Recovery to Normalcy - Colorado Housing Overview and Forecast
The document discusses the outlook for the US housing market and economic recovery. It notes that while the job market and GDP are growing, the recovery remains uncertain. Housing starts, sales and prices stabilized in 2010 but remain depressed. The baseline outlook predicts moderate economic and job growth over the next few years, with housing market stabilization as affordability and pent-up demand support sales. However, risks include high inflation, deflation, or a budget crisis that could slow the recovery.
How to Make Money in Real Estate in the New Economy
1) The housing crisis began in 2007 when the real estate market collapsed, leaving many property owners struggling with mortgages on properties that had declined sharply in value.
2) Loose lending practices prior to the crisis, including subprime loans and exotic mortgages, contributed to the crisis by enabling many homeowners to take on more debt than they could afford.
3) The crisis had wide-ranging impacts, including a global financial crisis in 2008, a recession, and long-term changes to real estate investing and lending standards.
Managing national-debt2
The document discusses solutions to prevent increases in national debt in the United States. It proposes: 1) not raising the debt ceiling and gradually decreasing it over time; 2) creating a "layaway fund" that takes $5 billion per month from the budget to pay down debt; and 3) inspiring domestic involvement by creating an organization called P.O.D. to encourage individuals to pay off debts and discourage going further into debt. The goal is to curb continually rising national debt levels to avoid burdening future generations with economic problems.
What about the "Gusher" in Washington, D.C.?
A comparison of the U.S. Congress reaction to the BP oil spill vrs. the U.S. National debt: who's motivated to "plug this hole"?
Financial Crisis - America
The document summarizes the aftermath of the 2007 financial crisis in America. It discusses the causes of the crisis, including low interest rates, sub-prime mortgages, and the housing market collapse. The effects in America included high unemployment, falling GDP, and rising crime rates. The government took actions to stabilize the banking system and provide more affordable insurance while cutting taxes to support the economy. The current situation shows continued high budget deficits and national debt despite growth in the stock market and GDP.
45 Page Conference Paper
The document provides an overview of the causes of the 2008 financial crisis. It discusses risky government policies in the late 1990s and 2000s that encouraged homeownership and an unregulated derivatives market. These policies contributed to a housing bubble fueled by subprime lending and excessive risk-taking by financial institutions. When home prices peaked in 2006 and then declined, foreclosures increased which weakened banks and led to a broader economic crisis. The government implemented TARP and other programs to bail out financial institutions and stabilize the economy.
Should I Short Sale My Home - Chapter 1
This document provides an overview of short sales and discusses whether homeowners should consider short selling their homes given the struggling housing market. It notes that over 20 million homeowners will have negative equity and foreclosures have already exceeded 2.9 million. The document examines the options of sticking it out versus short selling for a homeowner upside down on their mortgage. It finds that short selling, while damaging credit, could allow homeowners to save money by renting at lower rates until home prices recover versus continuing to pay a higher mortgage.
Research Paper
This document provides an abstract and introduction for a research paper about the causes of the Great Recession. The paper will examine the housing and credit bubbles that contributed to the recession and study how improving financial literacy could help prevent future crises. The introduction discusses the motivation for the research and provides background on the bursting of the housing bubble and credit crunch. It analyzes the impacts of deregulation that allowed riskier lending and the merger of banks and insurance companies. The document will review literature on these topics and survey students' financial knowledge to understand how awareness could impact financial crises.
Home Ownership
The document summarizes the evolution of home ownership and mortgage finance in the United States, leading up to the financial crisis of 2008. It describes how government intervention during the Great Depression made home ownership more accessible through longer-term, fixed rate mortgages. It then discusses how further government actions and policies in subsequent decades continued expanding home ownership but also contributed to riskier lending practices and eventual housing bubble. The crisis began with the collapse of the subprime mortgage market in 2007 and led to the failures of major financial firms like Lehman Brothers and government bailouts of Fannie Mae, Freddie Mac, and AIG in 2008.
Cnn financial crisis(final)
CNN covered the unfolding financial crisis and housing meltdown over several years through numerous reports:
- In 2005, Greenspan expressed concerns about exotic mortgage products and a potential downturn hurting the housing market.
- By 2007, articles discussed rising foreclosures and steps homeowners could take to avoid them. Experts warned mounting foreclosures would stress the economy.
- In 2008, CNN questioned views that downplayed the crisis and explained economic terms to viewers. Reports analyzed the collapse of Bear Stearns and Lehman Brothers.
- Coverage continued in 2009 with discussions of the recession's impacts, the new HUD Secretary's plans to address the crisis, and more than half of Americans feeling negative effects by 2010
Cnn financial crisis
CNN covered the unfolding financial crisis and housing meltdown over several years through numerous reports:
- In 2005, Greenspan expressed concerns about exotic mortgages and a potential downturn hurting the housing market.
- By 2007, articles discussed rising foreclosures and steps homeowners could take to avoid them, with experts warning of mounting stress on the economy.
- In 2008, CNN questioned views that downplayed the crisis and educated viewers on economic terms, and explored the causes of institutions like Bear Stearns and Lehman Brothers collapsing.
- Coverage continued into 2009-2010 with discussions of government responses, reform bills, and stories of individual impacts, with over half of Americans saying they felt effects of unemployment
Question speech presentation
The document lists the salaries of several CEOs, with the Walmart CEO making $35 million, the Ford CEO making $54.5 million, and the Viacom CEO making $84.5 million. It also provides information on whom to contact in government and statistics on the number of people who died of hunger and the amount of money it would take to feed the hungry for a day.
Az
Multimillion dollar mansion sales have increased 25% while the overall housing market has declined 30% since 2007, showing that the wealthy are faring better during the recession. Data from Birmingham, Alabama shows high-end home sales rising 21% in August 2012 compared to the previous year. Meanwhile, middle and lower classes face greater risks of poverty as one in ten New Jersey homes sold in 2011 were in foreclosure proceedings and nearly 211,000 households received foreclosure filings in February 2012, though this was a 19% drop from the prior year. However, foreclosures have disproportionately impacted African American and Latino communities.
Global financial crisis
The global financial crisis began in 2007-2008 and involved a breakdown in financial markets and bank lending. It was caused by excessive borrowing and risky investments by banks, individuals and governments. As debt levels rose and housing prices declined, borrowers were unable to repay loans. This led to a loss of confidence in banks and a freezing of interbank lending. The crisis spread globally due to increased economic integration and trade. Many large financial institutions collapsed or were bailed out by governments to prevent a systemic meltdown. The crisis plunged many countries into recession with rising unemployment and declines in trade, production and income.
Turn This Crisis Into An Opportunity "Recession Remedy"
- DISCOVER Why Your Savings and Retirement Fund is at Risk
- AVOID The Devastating Money-Mistake 99% of People are about to Make
- GENERATE Massive Profits With The Secret "Recession Remedy"
Experts On Credit Crisis
This document provides quotes and commentary from political and economic leaders during the 2007-2008 financial crisis and housing market collapse. It includes perspectives from Barack Obama, John McCain, Alan Greenspan, Ben Bernanke, Hank Paulson, Warren Buffett, and others on the causes of the crisis and potential policy responses. Many of the quotes acknowledge problems in the subprime mortgage market and housing but underestimate the severity and broader economic impact of the crisis as it unfolded.
Financial Crisis Informative Speech
The deregulation of the banking industry in 1998, combined with loose monetary policy and risky subprime loans, led to a housing bubble that burst in 2008. This caused Lehman Brothers to declare bankruptcy after announcing major losses, which further destabilized the financial system and marked the official start of the Financial Crisis of 2008-2009.
Washington dc financing-for-dummies
The document discusses the national debt and deficit debates occurring in Washington D.C. It notes that the U.S. government brings in around $2.4 trillion in annual tax revenue but spends over $3 trillion by borrowing an additional trillion dollars. The debt ceiling, which is the maximum amount the government can borrow, is currently being debated to be raised to around $16 trillion total debt. The document provides an analogy that this is like a family making $50k per year but spending $100k and putting the extra $50k on credit cards. Additionally, it notes that while the Federal Reserve is prohibited from directly paying debt, its quantitative easing program essentially prints money digitally to buy back U.S. debt
Debt final
This document discusses debt at various levels - individual, national, and global. It defines debt as something owed, usually money, goods, or services. It notes that debt has existed for governments and individuals throughout history, used to pay for things like wars, disasters, and excessive spending. The document outlines growing debt levels in Texas, the United States, and worldwide. It suggests everyone is negatively impacted, especially the poor and underdeveloped nations. Potential solutions proposed include budget controls, voting, education on personal finance, and living within means. It raises questions about whether solutions can curb growing debt problems.
What's hot (20)
Recovery to Normalcy - Colorado Housing Overview and Forecast
Recovery to Normalcy - Colorado Housing Overview and Forecast
How to Make Money in Real Estate in the New Economy
How to Make Money in Real Estate in the New Economy
Turn This Crisis Into An Opportunity "Recession Remedy"
Turn This Crisis Into An Opportunity "Recession Remedy"
Viewers also liked
Ducati bikes1
Ducati produces three superbike models - the 848, 1198, and 1198 S. They also produce two 1098 models, the standard 1098 R and a limited edition 1098 R Bayliss LE. All of the models incorporate race-winning technology from Ducati's World Superbike Championship victories.
Tree parables summary
The document provides advice on various topics through inspirational quotes and stories:
- Love yourself unconditionally for who you are rather than what you have or do. Be a good host to the love that resides within.
- Learn to accept things that are outside of your control and focus on endless personal growth and progress over making mistakes.
- When hurt by others, choose to nurture the seed of potential growth from the experience rather than dwell on assigning blame. Consider how you give meaning to others' actions says more about you than them.
- Accept that you are uniquely who you are meant to be, rather than wishing to be like others, and learn from both strengths and differences.
-
Art Fried helped homeowners with Forensic Audits
Art Fried developed his entrepreneurial spirit early on and continues to fine-tune his out-of-the-box thinking approach to doing business.
Art fried
Art Fried advises homeowners to stop bowing down to banks and instead demand loan principal reductions. He argues that banks intentionally made risky loans with no intention of keeping them, hoping to profit by selling them to investors. While morally questionable, homeowners stopping mortgage payments may be justified given banks' refusal to adequately help homeowners through loan modifications and their prioritization of bailing out banks over homeowners. Fried suggests homeowners research banks' legal violations and demand principal reductions and fair interest rates directly from banks' legal departments instead of dealing with unhelpful loss mitigation departments.
Aprendizaje colaborativo
El aprendizaje colaborativo se basa en llegar a un consenso a través de la cooperación entre los miembros del grupo y hacer actividades directas con cada miembro del grupo.
Iron maiden trabajo de musica manuel jesus
Iron Maiden es una banda británica de heavy metal fundada en 1975 por el bajista Steve Harris. Algunas de sus canciones más famosas incluyen "The Trooper", "The Number of the Beast", "Run to the Hills" y "Aces High". Iron Maiden se ha convertido en uno de los grupos más representativos de la nueva ola del heavy metal británico.
Viaje a telford mayo 2012 a (pp tminimizer)
Este documento resume un viaje de 5 días realizado por Luisa y María José a Telford, Inglaterra. Llegaron al aeropuerto de Birmingham y tomaron un shuttle al pueblo de Telford, donde se hospedaron en un hotel. Durante su estancia, exploraron la zona, asistieron a clases en un colegio local y visitaron otras ciudades cercanas como Shrewsbury, Wenlock y Victoria Town. Al finalizar el viaje, regresaron a casa a través del aeropuerto de Málaga.
Poliedros
O documento discute poliedros e não poliedros, definindo-os como sólidos limitados por superfícies planas ou curvas. Ele fornece exemplos de poliedros como pirâmides, cubos e prismas, e descreve características como faces planas e ângulos poliédricos. A lei de Euler relaciona o número de faces, vértices e arestas de um poliedro.
Los animales
Los animales omnívoros como el avestruz pueden alimentarse tanto de vegetales como de carnes. Dentro de la zoología, un omnívoro es un animal capaz de alimentarse de plantas y también de carne. Algunos carnívoros como los buitres también pueden alimentarse de animales muertos además de cazar presas vivas.
Roteiro de viagem highlands
O roteiro detalha uma viagem de 15 dias pelo Reino Unido, começando em Edimburgo e nas Highlands escocesas, depois Liverpool e Londres, incluindo transporte, hospedagem e passeios.
Baby shower sobres
Martha Contreras invita a más de 20 personas a una baby shower que se llevará a cabo el día de hoy a las 15:00 horas en la dirección de Av. Domingo Comín. La invitación incluye la hora y dirección del evento y pide a los invitados que no falten.
Curso lectura y escritura en wayuunaiki
Curso instructivo de wayunaiki con vocabulario y algunos significados mas utilizados en la cultura wayuu.
Espero que sea de su utilidad este material de apoyo.
Viewers also liked (20)
Similar to Art Fried
Value Of Games Essay Essay On Value Of Games
The document analyzes the website of the Libertarian Party and compares it to the websites of the Democratic and Republican parties. It discusses how each party website provides information about the party's positions and policies. It also notes that the websites aim to promote the party and provide ways for users to get involved through things like polls, surveys, and options to support the party. The analysis examines how the party websites contribute to American politics by informing citizens and rallying support.
Save the dream report2
In 2010 President Obama allocated $7.6 billion to the Hardest Hit Fund to benefit the 18 states with the worst foreclosures of over 4 million homeowners. This money was from the landmark federal fraud lawsuit of 5 of the largest banks settling for $25 billion.
U.S Financial Crisis 2008, root cause analysis
The document summarizes how the financial crisis occurred through the mortgage market. It discusses how brokers connected lenders and home buyers, how mortgages were bundled into securities (CDOs) and sold to investors, and how the overuse of risky subprime mortgages and securitization led to a housing bubble. As home prices declined and mortgages defaulted, the value of CDOs declined causing losses for investors. A combination of factors like low interest rates, risky lending, and the use of leverage exacerbated the crisis.
How Did We Get Here
The document discusses the housing bubble and its causes. It argues that loose monetary policy and government policies promoting homeownership led to a misallocation of resources and artificial inflation of housing prices. This created a bubble that has now burst, leading to an economic recession. In the long run, there is a concern that the government failures that caused the crisis will not be admitted and more power will be given to the same mechanisms that caused the problems.
financial crisis
The document provides background on the 2008 global financial crisis from the perspective of borrowers, lenders, and investors. It describes how low interest rates led many borrowers to take out subprime loans to purchase homes. When interest rates rose and housing prices fell, many borrowers defaulted on their loans. This caused wider economic impacts as financial institutions holding these loans faced losses and tightening credit markets. Government bailouts of major banks and insurers were needed to restore confidence and stability to the financial system.
The wealth of the world v3
The document presents a new economic theory that views wealth as having three types - raw materials, transformation ability, and finished products - and being determined globally by supply and demand. It argues that while the total real value of wealth worldwide is fixed, the relative value of different assets varies between countries. When a country's currency value becomes misaligned with global values due to overprinting, market forces will inevitably cause inflation to correct the imbalance.
Florida Housing Industry Offer Fantastic Prices
The housing market is experiencing a downturn with many people losing their homes or jobs from 2007 to 2010. Fast home sales companies will buy properties and offer quick sales without fees across the UK. Experts agree the downturn will continue, though housing activity may increase again eventually. It is important for homeowners to research options like inspections before deciding to sell, and ensure a profitable deal can be made. The government forced banks to spend $25 billion to help those affected by the US housing bubble crisis.
How To Write An Persuasive Essay Example
The document discusses the principles and functions of management. It notes there is a difference between what managers should do according to theory versus what they actually do in practice. The assessment will comment on this difference using management theories and concepts as well as experience. It will be divided into an introduction defining key management terms and a presentation section explaining what managers should do, what they actually do, and why there is a difference. Organizational performance is impacted by how well managers fulfill their roles.
Should I Short Sale My Home
The document provides information about the severity of the housing crisis and options for homeowners facing foreclosure or owing more than their home is worth.
It discusses how over 20 million homeowners will have negative equity, foreclosures have increased dramatically in recent years, and the crisis is affecting many regions of the country. Nevada, California and Arizona have the highest state foreclosure rates. The document also gives an example comparing the costs of short selling a home versus continuing to pay a mortgage on a home that is declining in value.
Should I Short Sale My Home eBook
Should I Short Sale My Home eBook by Harris and Chen. Information regarding Short Sale to avoid foreclosure. How to get out of upside down homes bought at the peak real estate market.
The wealth of the world v2
This is a presentation I made to help explain the economic situation to my friends and family. The dollar is in serious trouble and I'm trying to warn people. The most prominent person with this same viewpoint is Peter Schiff. Good luck everyone.
Freedom Writers Critical Analysis. Sociological Theo
This document provides instructions for requesting writing assistance from HelpWriting.net. It outlines a 5-step process: 1) Create an account with a password and email. 2) Complete an order form with instructions, sources, and deadline. 3) Review bids from writers and select one. 4) Review the completed paper and authorize payment. 5) Request revisions until satisfied. It emphasizes that original, plagiarism-free work is guaranteed, with refunds for plagiarized content.
Illegal Immigration Essay
This document discusses illegal immigration and the treatment of illegal immigrants in the workplace. It notes that while there are approximately 8 million unauthorized immigrants in the US workforce, they often face abusive working conditions due to language barriers, isolation, and being targeted for their race and gender. Despite laws against harassment and discrimination, illegal immigrants regularly experience physical and verbal abuse at work. Employers are also able to exploit these workers and deny their legal rights and remedies by asserting that claims are invalid due to their immigration status. Efforts are needed to protect the basic rights of illegal immigrants and establish responsibilities for companies employing unauthorized workers.
Similar to Art Fried (13)
Freedom Writers Critical Analysis. Sociological Theo
Freedom Writers Critical Analysis. Sociological Theo
Recently uploaded
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Mastering B2B Payments Webinar from BlueSnap
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
The Genesis of BriansClub.cm Famous Dark WEb Platform
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoCorey Perlman, Social Media Speaker and Consultant
Social media for business Business storytelling: key ingredients to a story
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
How MJ Global Leads the Packaging Industry.pdf
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
Best practices for project execution and delivery
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
Leaders who possess self-awareness deeply understand their emotions, strengths, and weaknesses.
Building Your Employer Brand with Social Media
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Digital Transformation Frameworks: Driving Digital Excellence
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
Best Forex Brokers Comparison in INDIA 2024
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Recently uploaded (20)
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
Digital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital Excellence
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Art Fried
- 1. Art Fried throws light on foreclosure issues
- 2. Art Fried keeps reading more and more about the real estate/foreclosure problems in US in general and Arizona in particular are experiencing. Everyone is running for cover and pointing fingers. Everyone has an excuse and there are no answers.
- 3. There has been so much “noise” coming from the powers that be the feds and the banks, that all seem to have forgotten that the whole idea behind TARP, says Art Fried. The $750 billion dollar federal program was to help 4 million Americans stay in their homes. However, the reality is just the opposite. The banks make more money foreclosing on a house then they can by helping the suffering homeowner.
- 4. This is what happened from a purely a real estate perspective, exclaims Art Fried. The bottom fell out of a market that was fueled by “Creative Loans” and “Greed”! Home prices climbed and climbed out of control with no end in sight. Loans were granted to literally anybody who could fog a mirror or had a pulse with little or no money down and everyone was making money hand over fist. It got even worse as the economy surged and interest rates dropped.
- 5. Refinancing your mortgage became a natural way to suck the money out of the artificially inflated value of your home and people went back to the bottomless well time and time again. And then the bottom dropped out and that four walled ATM ran out of money. The economy turned, people lost jobs and income dropped. That big ATM machine ran out of money and people were stuck. They could not cover their mortgage payment let alone many of their other bills and the dominos started to fall and the foreclosure “epidemic” was on.
- 6. Homes started losing value at double-digit increments while those creative loans did not change. People started to panic and put a tremendous amount of heat on the government to do something and they did. The country breathed a collective sigh of relief when TARP was introduced. $750 billion to keep Americans in their homes! Those sigh of relief turned into a moan when nothing was done. The loan modification was to be the savior, the banks, the ones who originally wrote those “creative loans” were charged with implementing this program, and all are aware of the results.
- 7. periodically for decades. e loan modifications that were done in reality did nothing but postpone the inevitable. Once again, short-term thinking came into play and some people got some monthly relief but in the long run would wind up paying the banks even more money then they would have in the first place. They never did address the real issue and that issue was that the market needed to correct itself which it has had to do periodically for decades.
- 8. Real estate prices were artificially bloated and needed to come back in line. In reality the only thing that makes sense was to adjust the principle of the loan to come in line with the actual value of the home. Without doing that, everything is just a postponement of the inevitable.
- 9. Art Fried further explains about the whole process in more of his blogs.
- 10. Thanks