Obama Proposes Moratorium on Foreclosures
While Senator John McCain is urging the government to buy bad home loans, ... against foreclosures and an $800 mortgage tax credit per year for homeowners who fail to itemize ... , the Hope for Homeowners. The program encourages homeowners to apply for refinancing [more...]
Date: 2008-11-14 13:02:58
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After the Bailout, Bank Stocks are a Bad Deal for Investors Now
The $250 billion bank bailout announced Monday is a great improvement on the $700 billion Troubled Asset Relief Program (TARP) ... have invested in troubled mortgage loans, relics of a home mortgage bubble that should never ... . You haven’t received Uncle Sam’s credit card bill yet. Under the new bailout plan, the government [more...]
Date: 2008-10-17 12:59:00
Housing Future: How the American Public Will be the Proud Owner of Toxic Mortgages and Unwanted Housing. A 4 Step Program.
Hope everyone had a great 4th of July and took a break from the torrent of bad economic news coming at us like a flock of seagulls chasing a half ... reflects the deeper psychological rips that the credit market is causing. The news that ushered ... highlighted the continuing worries about the breadth and depth of the credit crunch.” Fannie Mae [more...]
Date: 2008-07-08 05:31:47
The Bad Paper Chase
And the handout/buyout craze continues. The Federal Reserve said Tuesday it will buy up to $600 billion in mortgage-backed assets in another attempt ... obligations from mortgage giants Fannie Mae and Freddie Mac as well as the Federal Home Loan Banks ... also unveiled a new program to help unfreeze the market that backs consumer debt such as credit cards [more...]
Date: 2008-11-26 00:46:42
Your Lenders And Mortgage Brokers Information To Better Assist You With Your Loans
Mortgages are offered or promoted by various kinds of lenders. Your loan can be obtained from mortgage brokers, banks, credit unions and mortgage bankers, where ... . This normally includes discovering customized or tailored “Bad Credit” mortgage programs [more...]
Date: 2008-12-23 14:29:49
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