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Category Archives: Mortgages

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 […]

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 […]

Las Vegas could see another 20% decline…

15-Aug-10

…I think it’s going to happen. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post

Debt collector won’t pay more than $500 for a loan…

15-Aug-10

…if these debt collectors would seek to renegotiate these loans they are purchasing at an EXTRAORDINARY discount, they’d reap at least two types of rewards.  First, they’d make a huge return on investment. Second, they’d be doing the right thing. Instead, they call up the homeowner and demand payment in full, settling for perhaps thousands […]

CNBC: Just when you thought housing crisis may be over…

06-Jul-10

…WTF are these guys smoking, to be blunt?  Who in their right mind (or math) thinks this is even close to over? Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post