The Shareholders Foundation announces that a deadline is coming up on January 28, 2015 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Mortgage Pass-Through Certificates issued by the IndyMac Trusts. Investors who purchased a significant amount of the below listed IndyMac Mortgage-Backed Securities have […]
Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners
by 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 reduction in her monthly mortgage payments. Everybody would seem to win. Even the investors who ultimately […]
The Mortgage/Foreclosure Rescue Is No Rescue
It 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 foreclosures in those states and there has been no significant rebound of the housing market throughout the […]
New Home Buyers: Beware LIBOR Mortgage Loans
Although the mortgage meltdown is still continuing primarily in the West and Southwest and Sunbelt States since the only real assistance that has been facilitated by the new Obama Administration has been directed toward new home buyers and pushing refinancing (which actually stimulates the bankers and Wall Street once more with all those upfront fees […]
Home Foreclosures On The Rise: Nevada, Arizona, California Top Lists
It was reported in Realty Trac this week that the second quarter figures are in on the continuing mortgage and foreclosure mess, and exceed by 5% the figures from summer to fall. Summer, however, actually is the highest sales quarter for home sales historically. The foreclosure figures to date far exceed those that are purchasing new […]
State Politicos Capitalizing On Mortgage Crisis For Career Development
(Reposted After Accidental Deletion While Editing) I read recently that Terry Goddard, Arizona’s current attorney general, has joined a Task Force supposedly to address the scam artists operating in Arizona after Obama’s claimed "rescue" was announced. Below is a copy of a letter I sent to the Arizona legislature as a former 45 year resident […]
- 1
- 2
- 3
- …
- 9
- Next Page »