Friday, August 28th, 2009
Home foreclosure rates keep on climbing, ensuring that the market is ill with bank owned properties. Average Americans are now driving up foreclosure numbers, not the irresponsible few like the sub-prime folk who have been blamed repeatedly. Now it's people with solid credit who are making things worse, which is ...
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Tuesday, August 4th, 2009
According to a recent Treasury Department report, Bank of America and wells Fargo were the worst performers among the biggest U.S. banks in modifying loans for homeowners facing foreclosure. 4 percent of Bank of America's loans were eligible for mortgage modifications, or nearly 30 thousand loans in all. Compare that ...
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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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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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Wednesday, June 17th, 2009
Check out the diagram below as highlighted by the Huffington Post. It is a list of the strongest and weakest areas in terms of being affected by the recession. The study was down by the Brookings Institution. They looked at employment, unemployment, rates, wages, gross metropolitan product, housing prices and ...
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