President Obama..White House Breaking News On Foreclosure Situation
Administration Shifts Focus on Foreclosure-Gate…More Short Sales
As I suspected would happen, the Obama administration is changing the foreclosure conversation. With the announcements from Bank of America [BAC 11.57 -0.23 (-1.95%) ] andGMAC that they have not found any major paperwork flaws and are resuming foreclosure sales...
Angelo Mozillo Former Countrywide CEO Settles SEC Charges with a $67.5Million Slap on the Wrist…How about Jail?
According to DS News...The monster from "The Valley"...(San Fernando Valley, CA) finally is paying the piper...but is he. It just goes to show that money talks get's you to walk from what is tantamount to nothing more than fraud and stealing. The full story is...
Over 100,000 Bank Repo's in September…Highest on Record…California Represents 21% of the Foreclosures! I Smell Short Sale
A total of 102,134 bank repos, where borrowers actually lose their homes to foreclosure, were reported in September, up from 95,364 in August. “Lenders foreclosed on a record number of properties in September and in the third quarter, taking a bite out of the backlog...
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