Homeowners Caught In Mortgage Meltdown “Perfect Storm”
Credit Crunch Is Making It Tough To Get A Mortgage Or Refinance A Home(CBS News) CHICAGO Carl Donovan is one of the millions of Americans caught up in the mortgage meltdown because they can’t borrow...
View ArticleThe Money is Just Gone – Housing Prices Aren’t Ever Coming Back
I hate to quote complete articles, but this analysis from USAToday is so powerful, and so sobering, we thought that it was well worth reading. More room to fall?For every $100 spent on a house in 1950...
View ArticleGet Your Liar’s Loan Done before 2010
One of the most devastating factors in the national collapse of confidence in the home mortgage marketplace is the pervasive fraud that infested the mortgage brokerage system. In the good old days...
View ArticleBanks are Hung Over Like Drunken Sailors after Credit Binge
Financing.Org has a short piece covering President Obama’s remarks this weekend. In his remarks, the president makes it clear that he’s pushing banks to use a significant portion of the government’s...
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