July, 2009
Tuesday, July 21st, 2009
Are you disgruntled because all of the savings go to homeowners who face foreclosure, through loan modification and other means? It's ok, the Obama administration is ready to roll back the prices on you too. THINK GREEN. Here are some numbers to chew on.
The Numbers
$70 million are going to ...
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Sunday, July 19th, 2009
It turns out that our military veterans are vulnerable homeowners, too, and are turning to loan modifications. Well, join the party. Many veterans don't qualify for VA refinancing and loan modification options may be the best alternative for affordable home financing.
If you are a vet paying the mortgage on time ...
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Saturday, July 11th, 2009
This is a pretty good series on CNBC about the economy and future value of the dollar. It's worth a look. "Hyperinflationnation" highlights what we already know; we are all in debt and killing the dollar bill. The housing market needs readjusting. The state of the economy is changing.
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Saturday, July 11th, 2009
Mad Money's Jim Cramer has stated he thinks the housing market has bottomed out. This is not saying it's going to dramatically improve. I like the optimism but can't help but question what comes out of his mouth sometimes. The Jon Stewart interview still sticks out.
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Monday, July 6th, 2009
The Huffington Post has an interesting article on the some of the problems of Obama's Homeowners bail out plan that incorporates Loan modifications .
The biggest issues had to do with the difficulty it is to navigate through the loan modification process. Lost paperwork and miscommunications are among the complaints. The ...
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Saturday, July 4th, 2009
Loan Modification has increased in the first quarter, according to a government report, but borrowers are still falling behind on mortage payments.
Comptroller of the Currency and the Office of Thrift Supervision released the report finding that loan modifications jumped 55% from the previous quarter and 172% from a year ago.
Borrowers ...
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