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- For those who are defending the "lenders" who have been engaging in illegal conveyences and assignments. It is amazing that today in America it is more shameful to be behind on your bills than it is to perpetrate fraud, deception & othe criminal activ on Fight Your Mortgage Servicer With This Knock Out Punch
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- Ocwen foreclosed on our after taking two payments after stringing us along for three years. Calling India is impossible. I do not believe thery are helping Americans.. Who can I turn to? on President Obama’s Foreclosure Prevention Plan Explained
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- AdviceForum: Stop Foreclosure and Tell Us Your Story Posted By: Davedbutch Post Time: 02-22-2012 at 09:40 PM […]
- Is it Nationstar or Wells Fargo?Forum: Wells Fargo Home Mortgage Posted By: snorklininNY Post Time: 02-22-2012 at 06:05 PM […]
- Short Sale AFTER Sheriff SaleForum: Deed in Lieu of Foreclosure - Do You Need Help to Walk Away? Posted By: Trapped No More Post Time: 02-22-2012 at 05:51 PM […]
- What is a letter of administration? What is a recorded final distribution deed? Please help! need advice.Forum: Citi Mortgage Posted By: adamb Post Time: 02-22-2012 at 05:33 PM […]
- BoA is trying to foreclose even after an approved loan modficationForum: Bank of America Home Loans Posted By: lopcas Post Time: 02-22-2012 at 05:20 PM […]
- Interesting......NOT!Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: packfan1957 Post Time: 02-22-2012 at 05:02 PM […]
- missouri forecloser lawForum: Foreclosure Laws Posted By: tilexia Post Time: 02-22-2012 at 04:07 PM […]
- Applying for a mod after bankruptcy...?Forum: Bank of America Home Loans Posted By: MomtoCon Post Time: 02-22-2012 at 02:34 PM […]
- House forclosed and went back to lenderForum: Ask the Attorneys? Posted By: msmarydaniel Post Time: 02-22-2012 at 01:56 PM […]
- Specialized Loan Servicing 2nd mortgage offer me a settlementForum: Debt Settlement Posted By: Angel.R Post Time: 02-22-2012 at 01:54 PM […]
March 2011
Andover State Senator Files for Bankruptcy
(Source: The Wichita Eagle By Ron Sylvester) – A state senator who serves on the budget and banking committees has filed for personal bankruptcy.
Shoppers Shun Credit to Pay With Digital Dollars
(Source: McClatchy/Tribune) – Deborah asks: I don’t feel safe paying with my credit card online. What are some alternatives? As the digital age marches forward and online shopping further threatens brick-and-mortar dominance, shoppers are making a deliberate move back to [...]
What’s Used to Calculate Your Credit Score?
(Source: Herald; Rock Hill, S.C.) – Many financial institutions use your credit score to determine whether you will qualify for a loan and what interest rate you’ll get. But that’s not the only way the score is used today.
Study Says Credit Card Debt High in Honolulu
(Source: The Honolulu Star-Advertiser) – Honolulu ranked fourth in the country for the highest credit card debt at the end of 2010, according to a study by Experian, one of the nation’s largest credit reporting companies.
Experian Says Hampton Roads is 6th Nationally in Credit Card Debt
(Source: Daily Press) – Hampton Roads ranked sixth in the nation for personal credit card debt at the end of December, according to data released Wednesday by credit reporting agency Experian.
Buffett’s Trust in Goldman Betrayed by Leak, SEC Says
(Source: Tulsa World) – Warren Buffett, who supported Goldman Sachs Group Inc. during the financial crisis with a capital injection and public praise, had his trust in the investment bank betrayed by an insider-trading leak on the firm’s board, U.S. [...]
Economic Outlook: Regulating Payday
(Source: United Press International) – One could argue pointedly that greed among a few U.S. bankers set the entire nation back in 2008.
HSBC is ‘Hungry’ to Ramp Up Its Presence in India
(Source: Source: The Economic Times, India) – The Economic Times, India HSBC is ‘hungry’ to ramp up its presence in India and is prepared to do that by expanding its existing network or buying an existing bank if allowed, its [...]
Finding the Right Mortgage Mix
(Source: Contra Costa Times (Walnut Creek, Calif.) By Eve Mitchell, Contra Costa Times) – Loc Chau was looking for a super-low interest rate to finance his San Jose condominium, a place he envisions living in for a few years. Super-low [...]
Mortgage Rates Drop For Third Week In A Row
(Source: The Hartford Courant, Connecticut By Kenneth R. Gosselin) – Mortgage rates dropped for the third consecutive week as the struggling economic recovery kept housing demand weak.
Realty Funds Find it Tough to Raise Money Overseas
(Source: Mint, New Delhi By Madhurima Nandy) – Real estate funds trying to raise a couple of billion dollars overseas are struggling to tie up commitments, with potential investors put off both by integrity worries over India’s realty sector and [...]
AMI Says Advice Should be Default for Most Borrowers
(Source: Money Marketing) – The Association of Mortgage Intermediaries is calling for mortgage advice to be mandatory for most consumers, particularly first-time buyers, credit-impaired borrowers and those borrowing into retirement.
Taking Responsibility on Your Mortgage
(Source: Money Marketing ) – Decisions on buying their home and finding the best mortgage are among the most significant choices people ever make. The FSA market analysis incorporated in its mortgage market review suggests we need to make big [...]
Median Home Price in King County Drops in February, Dragged Down by Repos
(Source: The Seattle Times) – Home prices plummeted to new post-boom lows in February, dragged down by a continuing surge in lower-priced “short sales” and bank resales of repossessed homes.
MORTGAGE VIEW: Prisoners’ Rights
(Source: Money Marketing) – As the monetary policy committee argued their very different views on interest rate changes, many in the mortgage industry pondered secretly, some publicly, that quite frankly an early rate rise will be good for business.
Mortgage Assistance Available Through Monday
(Source: The Atlanta Journal and Constitution By Michelle E. Shaw) – There are two opportunities for homeowners to get mortgage help starting Thursday.
Lawyer: Revenge Behind Suspension
(Source: The Times Leader (Wilkes-Barre, Pa. By Terrie Morgan-Besecker) – Attorney James Hayward says he believes he was subjected to unduly harsh punishment by the state’s disciplinary board because he publicly criticized Luzerne County Children and Youth Services and the [...]
Getting Paid By a Client Who is in Bankruptcy
(Source: Record, The; Bergen County, N.J) – Q: I am a commercial real estate broker representing a seller who has filed a Chapter 11 case. Will the bankruptcy proceeding affect my ability to receive a commission?
Court Hears Challenge to Madoff Loss Calculations
NEW YORK (Source: Associated Press/AP Online By TOM HAYS) – A federal appeals panel reviewing a compensation plan for former clients of disgraced financier Bernard Madoff cast doubt on claims by the embattled owners of the New York Mets and [...]
Hundreds of Homeowners Desperate For Lower Mortgage Payments Attend NACA Event in Atlanta
(Source: CBS Atlanta Reporter by Rebekka Schramm) – Alvin White and his wife Naomi spent the night bundled up outside the Americas Mart. They said they wanted to be among the first in line Thursday morning to meet with someone [...]
In Foreclosure Settlement, U.S. May Force Lenders to Meet Loan-Modification Quotas
(Source: Washington Post By Dina ElBoghdady and Brady Dennis) – As part of a settlement with banks that engaged in shoddy foreclosure practices, the Obama administration is weighing whether to impose quotas that would force the firms to modify a [...]
Out of State Loan Modification
(Source: KING 5 News/ by Jesse Jones) – There are lots of homeowners searching for modifications of their mortgages. Many are looking out of state for help and some are ending up with unlicensed agents who may do nothing more [...]
Mortgage Deduction Under Renewed Scrutiny
CHARLOTTE, N.C. (Source: The News & Observer) – There’s a hallowed rule in U.S. housing policy: If you own a home, you get a tax deduction on your mortgage interest.
Mortgage Assistance Available Through Monday
(Source: The Atlanta Journal and Constitution / By Michelle E. Shaw) – There are two opportunities for homeowners to get mortgage help starting Thursday.
Lenders Steer Clear of ‘Blackballed’ Condo Buildings
CHICAGO (Source: Chicago Tribune) – Condo buyers who sat out last year’s real estate market, waiting for prices to bottom or their own financial footing to improve, find themselves in an enviable situation.
Federal Loan-Modification Efforts Win White House Applause
(Source: Detroit Free Press / By Greta Guest) – As Congress weighs whether to continue foreclosure prevention programs, the Obama administration applauded its efforts to modify mortgages today.
Macon Leaders at Odds Over Empty Renovated Homes
(Source: The Macon Telegraph / By Phillip Ramati) – A controversy between Macon City Council and the city administration over houses built by the city with federal funds has been simmering for the past couple of years. Now the issue [...]
Loan Modifications In The Cross Hairs
(Source: Chicago Tribune / By Mary Ellen Podmolik) – The Obama administration on Wednesday vigorously defended its Home Affordable Modification Program, which faces sharp criticism by Republican lawmakers who want it axed.
Weekly Mortgage Activity Declines
(Source: United Press International) – The Mortgage Bankers Association said U.S. mortgage activity decreased in the week ending Feb. 25, although long-term interest rates declined.
Jannie Blackwell Leaves PHA Board to Be Part of the Solution
(Source:The Philadelphia Inquirer/By Jeff Shields and Jennifer Lin) – City Councilwoman Jannie L. Blackwell has become the first Philadelphia Housing Authority board member to quit in response to demands from federal housing administrators intent on overhauling an agency that has [...]
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