More dismal news on the foreclosure front

We all know that things have been less than ideal for homeowners over the past year, ... to a new report, 12% of all homeowners in the country were at least one month behind on their mortgage ... , adjust-rate mortgage holders. These loans have been blamed as a major reason why the credit market [more...]

Date: 2009-03-06 13:10:00

Blog posts (10) | No video
 

Conservative Appraisals Not Helping Reverse Mortgages

by Scweezeme Vanrock I received an email a few days ago from a prospective customer ... he is in the same shaky boat as many senior mortgage holders. They want to use the reverse loan to rid ... the cash amount that can be removed from a loan. After that he says he would like me to hire [more...]

Date: 2009-01-06 14:48:47

Mortgage Inequity: Why the Bailout is Missing the Boat

JURIST Contributing Editor Nancy Rapoport of the William S. Boyd School of Law, University of Nevada Las Vegas, says that the housing bailout provisions of the recently announced stimulus package not only do not go far enough to cover mortgage holders in need, but actually reward extreme risk-taking behavior, [more...]

Date: 2009-02-20 16:05:16

Is the US Treasury the Next Bear Stearns?

Gap management . A very easy and straight-forward concept that has been butchered by countless firms, laid bare by the financial crisis ... out busted constituencies - banks, finance companies, mortgage holders, assorted industries - to begin [more...]

Date: 2009-03-08 03:04:35

Defaults & Foreclosures Account For Only 1 in 10, & 50% of those are Subrime Borrowers..

In translation that means this: the millions of people that are being bailed out by Obama and Crooked Congress are only 10% of American Mortgage holders so it's not exactly the huge problem being exploited by the Messiah and also shows that 90% including myself are adhering to their contracts as signed [more...]

Date: 2009-03-06 07:21:00

Mortgage bailouts and the Chicago Tea Party

Lynne Kiesling Count me in as a taxpayer, mortgage holder, ... how many news accounts I’ve seen about the poor, struggling homeowners who can’t make the monthly ... fence, and piece of the American Dream. But I haven’t heard one word about the poor, struggling renters [more...]

Date: 2009-02-20 14:19:31

Summary and Discussion

Another busy day. And I'm still struggling with the comments (I'm receiving many complaints). First the news, and then a chat room ... with negative equity. They reported 8.3 million mortgage holders are underwater, and using their data [more...]

Date: 2009-03-06 00:33:00

What is a Workout?

A friend asked: Apparently the mortgage holders today are not the loan originators and therefore have little incentive to deal, ... or longer loan and actually getting paid. See more ... [more...]

Date: 2009-03-06 02:52:26

Report: Nearly One in Five Owe More Than Their Homes Are Worth

As property values sink, the number of underwater mortgage holders is rising fast, increasing the risk of another wave of foreclosures [more...]

Date: 2009-03-01 04:11:21

The Credit Crisis: Taking the Long View

JURIST Contributing Editor Douglas Branson, holder of the the W ... and loan (Friendly). Commercial banks did very little mortgage business in those days. Mom and Dad filled out Friendly’s loan application on Friendly’s own form, at least to the point at which the loan [more...]

Date: 2008-10-09 19:37:49

10 Results