If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Huffington Post - Greenberg “Stunned” Same AIG Employees Still In Place, Blasts Bonuses
L.A. Land - Zillow: Foreclosures “make the market look worse”?
Realty Trac - Will The Obama Plan Reduce Foreclosures?
Huffington Post - Rep. Alan Grayson Vs. Cavuto: “A Stuck Pig Squeals Loudly”
Mortgage Insider - [...]
There’s been no shortage of government money being doled out for just about every purpose you can imagine. Automakers are taking billions of dollars in taxpayer money, desperately trying to stay solvent after years of mismanagement and cars that the average consumer refused to trust. Aid to banks has consistently continued to rise and, for [...]
Wilbur Ross, in a New York Post Op-Ed piece, complains that the Obama Homeowner Affordability and Stability Plan doesn’t work because it excludes everyone whose mortgage is held by someone other than Fannie Mae and Freddie Mac. His major argument is that subprime mortgage holders and other borrowers who have privately securitized mortgages can’t take [...]
The world is a buzz with Obama’s mortgage plan (titled Homeowner Affordability and Stability Plan) to stem foreclosures and the $275 billion that he’s throwing at the problem. The problem is the plan won’t work, plain and simple. But, more on that later. First, let’s dive in to the President’s Homeowner Affordability and [...]
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