Tuesday, February 23rd, 2010
Check out my new blog...
http://mrmortgage.ml-implode.com
S&P, BofA and Fitch all concur that the 'Home Equity Implosion' is knocking on, or kicking down rather, the front door.Duration : 0:6:22
Posted in loans | 25 Comments »
Friday, February 19th, 2010
A not totally unsurprising development from those that look at security, the supposedly secure chip and pin facility in UK credit and debit cards is easily broken and fraudulent transactions are easily made. Unsurprisingly, the useless UK banks say it's not our problem. The chip and pin system was designed ...
Posted in credit | 16 Comments »
Sunday, January 10th, 2010
With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away.
On Countdown. Copyright MSNBC 2010
http://www.youtube.com/watch?v=HerSDukgspo
Keith Olbermann housing market real estate mortgage default Countdown strategic default banks bankersDuration : 0:6:40
Posted in mortgages | 25 Comments »
Sunday, December 20th, 2009
You would think this year's Mortgage Bankers Association annual meeting would be a rather solemn affair -- given the criticism the industry has endured in recent months. But our ANP reporter attending the meeting found the bankers in a celebratory mood. The reason? A massive lobbying campaign against bankruptcy reform ...
Posted in mortgages | 25 Comments »
Tuesday, December 15th, 2009
Background on NACA's "Save the Dream" program, which has helped homeowners across America restructure and renegotiate home mortgages and home loans they can no longer afford.
For more information, please go to www.naca.comDuration : 0:9:6
Posted in mortgages | 9 Comments »
Monday, December 7th, 2009
Suze explains how student loan crisis is looming as the next big thing. She says the real estate implosion and banking crisis including the credit crunch have not yet been dealt with well. She implores Congress to head this one off at the pass as our young people ...
Posted in loans | 25 Comments »
Tuesday, November 3rd, 2009
Tuesday, 21 July 2009
U.S. Congressman Dennis Kucinich (D-Ohio, 10th District) questions Neil M. Barofsky, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), testifying before the House Committee on Oversight and Government Reform, about interest payments made to banks that keep their TARP funds and other government (taxpayer) ...
Posted in loans | 25 Comments »
Sunday, October 25th, 2009
http://www.pbs.org/billmoyers BILL MOYERS JOURNAL travels to ground zero of the mortgage meltdown — Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis.. Aired Friday, July 18, ...
Posted in mortgages | 25 Comments »
Sunday, October 25th, 2009
http://www.pbs.org/billmoyers BILL MOYERS JOURNAL travels to ground zero of the mortgage meltdown — Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis.. Aired Friday, July 18, ...
Posted in mortgages | 25 Comments »