Today the Huffington Post came out with a great article to encourage Americans to take action - non partisan, populist action - and put their money into small community banks and get it out of the Too Big To Fail Bailed Out Bully Banks -
Read the article here: Move Your Money - A New Years [...]
THE JURY IS IN: Obama’s Foreclosure Program Run by Morons… and Trial Modifications are the Biggest Loan Mod Scam Ever
Wasn’t it fun this past weekend to read and hear the flurry of teaser stories that were all over the news media about how the Obama Administration was going to take some new type of very [...]
In this newest Market Ticker post, Denninger touches on precisely the thing we’ve been suspicious of - that the delays and stalling in foreclosures, short sales and loan mods may have more to do with the paper lenders are “pretending” is still sound and not writing down on their books.
It may also account for the [...]
Here is a letter sent out by Bank of America today regarding a short sale file.
Note that all the requirements listed by BofA are to be met by 5pm Central time TOMORROW.
Note that the Seller’s Concession is posted as no higher than 3% in the guidelines and reduced from 3% to 0 in the contract.
So [...]
In the July 11, 2009 Washington Post article “Coming Up Short - Is a Short Sale Right for You?” the article quotes Bank of America’s Dave Sunlin, a senior vice president who manages the foreclosure and real estate division as saying: “We understand this is an opportunity to mitigate our losses, while helping turn [...]
Who’s Behind The Financial Meltdown?
This expose run by PulbicIntegrity.org will put it pretty well front and center for anyone who can read…
The Roots of the Financial Crisis: Who Is to Blame?
Banks that Financed Subprime Industry Collecting Billions in Bailouts
By John Dunbar, David Donald | May 06, 2009 |
The top [...]
Continue reading about PublicIntegrity.org Releases Report - Who’s Behind The Financial Meltdown?
