Foreclosure Propaganda Continues
Region: United StatesLast evening while browsing the internet, I came upon an article that was written addressing the foreclosure situation, and listed the top ten states with the highest foreclosure rates for February. This article was writt... more
Views: 1273Adding Insult to Injury: Obama Settles With The Bankers
Region: United StatesAs one who was affected by the mortgage banking crisis (and other unconstitutional property "laws") in my home state of Arizona way back in 2006, I was amazed to hear this afternoon that Barack Obama held a rather large ne... more
Views: 1222Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners
Region: United Statesby Paul Kiel , ProPublica Pamela Jeter of Atlanta, Ga., has been trying to get a mortgage modification for more than two years. She seems like an ideal candidate. She has shown she can stay current with a redu... more
Views: 1594Financial Reform Amendment Would Address Loan Mod Problems with ‘Homeowner Advocate’
Region: District of ColumbiaAn amendment to the financial reform bill filed yesterday by Sen. Al Franken, D-Minn., and Sen. Olympia Snowe, R-Maine, would create a special office to assist homeowners who are facing problems with the administration&... more
Views: 1408The Mortgage/Foreclosure Rescue Is No Rescue
Region: United StatesIt appears that the much ballyhooed mortgage rescue for all those homeowners living in primarily the West and Southwest, and Michigan appears to have been no rescue at all. Last month once again saw a record number of for... more
Views: 1438John McCain Bails on His Values
Region: TexasOn Friday, April 11th, Republican Senator and Presidential nominee John McCain defended his heavily criticized proposal that $3 to $10 billion in taxpayer money be spend to bail out between 200 and 400 thousand U.S. mortga... more
Views: 1528John McCain Won't Give Free Rides to the Irresponsible
Region: ArizonaJust a couple of days ago, de facto Republican Presidential nominee Senator John McCain delivered a message of tempered—and temporary—federal government help. Speaking publicly from ... more
Views: 1458Subprime Troubles Become a Prime Power Grab
Region: District of Columbia"Keep people off-balance and in the dark by never revealing the purpose behind your actions. If they have no clue what you are up to, they cannot prepare a defense. Guide them far enough down the wrong path, envelope them ... more
Views: 1189Meredith Whitney Tells Fortune Magazine: Banks, Credit Still in Trouble
Region: United StatesOppenheimer & Co. Financial Analyst Meredith Whitney warned that the credit crisis is nowhere near over in an interview in Fortune Magazine's upcoming issue. Meredith Whitney is known for correctly predicting that the ten... more
Views: 1412When Is The Right Time To Get A Second Mortgage?
Region: AustraliaSo it seems you have come to a decision to buy another house? There are a few fixed reasons why people come to that decision. Perhaps you want to move in a place closer to your family, or you wish not to depend on hot... more
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