Book Review Stores

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis
In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers andcon artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.

Chain of Blame chronicles this incredible disaster, with a specific focus on the players who participated in such a fundamentally flawed fiasco. Authors Paul Muolo and Mathew Padilla, well-regarded journalists for National Mortgage News and the Orange County Register respectively, reveal the truth behind how this crisis occurred, what individuals and institutions-from lenders and brokers to some of the biggest investment banks in the world-were doing during this critical time, and who is ultimately responsible for what happened.

Customer Review: B-School Professors Should Use It

Excellent book and worth reading. Beware that it might make you angry just like the energy scandals did a few years ago. Offers considerable insight and information that would be very useful to business schools for their students. Recommended reading for professors to include in their markets and…

Customer Review: Well written story of the mortgage crisis

Do your eyes glaze over when commentators try to describe the financial products that were at the heart of the recent real estate boom? The mortgage boom? This book described the instruments clearly–and gives the reader a great sense of what was fundamentally wrong with the whole process. The tit…
Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis

Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis
Customer Review: Good ideas and info

Good for buying a home but not in the typical sense, for me. It was more of a business of buying a home or houses wisely type of a book, not for your average Joe and Anne so much aas for those w/ a bit more to spend.

Still in all , good financial advice and ideas etc.See an excerpt to see if …

Customer Review: Easy to read expose of the Sub-Prime guilty parties

In this age of full disclosure, I received this book free from the Amazon Vine program….with the condition that I publish a book review.

I may have purchased this book anyway. Back in the middle of 2007 when the sub-prime problem first surfaced……I remember a talking head on TV sa…

Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance

Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance
Mortgage Rip-offs and Money Savers reveals how the mortgage industry cheats borrowers out of billions in extra costs every year. Mortgage industry insider Carolyn Warren taps her decade of experience with lenders to expose the tricks, lies, and dirty little secrets they don’t want you to know. With her expert guidance, borrowers will save tens of thousands when they avoid the traps so many consumers fall into. Having this inside information is the only way borrowers can truly get the best possible deal. This book presents that knowledge in an interesting and easy format that anyone can understand. Readers won’t be victims of the mortgage industry with this invaluable resource in hand. Instead, they’ll get the best possible rates, avoid bogus fees, and get the great deal they deserve.

Customer Review: Excellent, but needs an update

This is a great, highly readable and very informative book for anyone looking to buy or refinance a house. The take home message is that your mortgage broker is in the same category as your car salesman, except that your home will cost at least 10 times what your car will cost. You can’t afford to…

Customer Review: very useful

Michelle Singletary recommended this book in the Washington Post. It’s clearly written, full of very useful information, and fun to read. I only wish I’d had it before I signed the loan contract. But, no worries, an email to the author, a quick reply, and I received more valuable advice. Don’t g…

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