Flipping — For other uses, see Flip (disambiguation). Not to be confused with Flippin (disambiguation). Flipping is a term used primarily in the United States to describe purchasing a revenue generating asset and quickly reselling (or flipping ) it for… … Wikipedia
Air Loan — A mortgage fraud scheme in which a mortgage broker invents a property and a borrower in order to earn profits on completed loan transactions by defrauding lenders. Since the borrower is not real, the broker may set up a system of phone banks and… … Investment dictionary
Predatory lending — describes unfair, deceptive, or fraudulent practices of some lenders during the loan origination process. While there are no legal definitions in the United States for predatory lending, an audit report on predatory lending from the office of… … Wikipedia
Creative real estate investing — is a term used to describe non traditional methods of buying and selling real estate. Typically, a buyer will secure financing from a lending institution and pay for the full amount of the purchase price with a combination of the borrowed funds… … Wikipedia
Causes of the United States housing bubble — Mania for home ownershipAmericans love of their homes is widely known and acknowledged;cite news title=Home $weet Home |work=Time date=2005 06 13 url=http://www.time.com/time/magazine/0,9263,7601050613,00.html] however, many believe that… … Wikipedia
Phillip E. Hill, Sr. — Phillip E. Hill, Sr. (born 1956) was the ringleader of the largest mortgage fraud scheme ever prosecuted in the State of Georgia. Hill was found guilty of 168 counts of fraud and money laundering on March 14, 2007 in the Northern District of… … Wikipedia
Baptist Foundation of Arizona — The Baptist Foundation of Arizona (BFA) was a Southern Baptist charity whose fraudulent behavior led to the largest collapse of a religious financial institution in U.S. history. [http://www.cephas library.com/baptists/s baptists financial… … Wikipedia
Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions … Wikipedia
New York State Banking Department — Past NY Banking Superintendents Superintendent Appointment Date Daniel B. St. John April 15, 1851 Marius Schoonmaker April 4, 1854 James M. Cook January 30, 1856 Henry H. Van Dyck April 16, 1861 Edward Hand (banking) August 9, 1865 Emerson W. K … Wikipedia
flip — flip1 /flip/, v., flipped, flipping, n. v.t. 1. to toss or put in motion with a sudden impulse, as with a snap of a finger and thumb, esp. so as to cause to turn over in the air: to flip a coin. 2. to move (something) suddenly or jerkily. 3. to… … Universalium
Citigroup — Not to be confused with CIT Group, another large financial services company. Citigroup Inc. Type Public Traded as NYSE: … Wikipedia