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Category Archives: Economy

Loan servicer downgrades credit of homeowner who asked for the note…

16-Dec-10

…I hope he sues this POS company for everything it has. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Airlines collect $2.5B in baggage fees

15-Dec-10

The airlines are raking in cash with their new fees.  Expect more gouging in the future. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Woman drags foreclosure case out for 25 years…

04-Dec-10

…this lady is pretty much my hero. There are some who would say she’s milking the system for a free ride; however, when the system that originates mortgages is fundamentally corrupt…well, I applaud her. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Federal pay to be frozen for two years…

29-Nov-10

Pointless, to quote the Scarecrow. Further, it’s a tone deaf action that indicates he’s not really interested in helping the average citizen. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

GM (i.e., the UAW) real target of bailout?

27-Nov-10

It would certainly seem so. In a word: disgusting. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Legislature to retroactively sanction MERS?

13-Nov-10

I would not be surprised. Holding the industry accountable…well, that would just be too hard. Instead, they will probably “whitewash” the whole thing, forgive the billions in fees owed to the States, and give the banks some more money for their troubles. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe […]

TheStreet: A Bitter Pill for Mortgage Borrrowers

17-Sep-10

Any article that starts with, “Top banking executives said…” is automatically suspect. That said, the government is not itself hindering the recovery; the real culprit is Wall St. They could resolve this thing quickly; however, the economic incentive is not there, so they will not. This is not necessarily wrong, it’s just inhuman. Bookmark on […]

Dodd: concern about Warren, blah, blah, blah…

17-Sep-10

…the only reason any member of the legislature opposes Elizabeth Warren is money. They are so buried in the pockets of special interests it’s a wonder they even bother to put on a show. With this move, President Obama sends the message that his agenda for change is officially dead. Appointing Ms. Warren as an […]

Housing news: it’s bad…

30-Aug-10

…the NAR says there’s a 12.5 month supply of housing out there. Be assured that means there is more. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

No surprise: fed mortgage program a dud…

21-Aug-10

…I am here to tell you, from first-hand experience, the problem is not homeowners who are unwilling or unable to make payments, the problem is the banks giving homeowners the run around. They don’t call back, they lie, they give you bad information, they make promises they can’t back or won’t back up, and one […]