The Real Wolf of Wall Street Finally Gets Punished!
It’s about time! Former CEO of Bank of America Ken D. Lewis is given his “sentence” for instrumenting the greatest financial crisis in US history. 5 years after leaving BofA on his Platinum Parachute ($135,000,000.00) “retirement” package, the smoke has cleared?
A Tiny House is not always cheap house…Like Short Sale is not really quick!
We have several friends that are considering downsizing. Who really needs all that "stuff" anyway? Check this out! With high rents in several parts of the country, it’s not uncommon to find apartments measuring under 500 square feet. According to tiny housing...
HAMP Loan Mod Re-Refaults on the Rise!
Loan Mod re-defaults are on the rise across the US. This map is expected to see an increase of 30% loan mod failure. Do you need help?
Suspicious? JPMorgan CHASE Executives are Turning Up Dead
We're not big conspiracy theorists, however, this is right out of a crime novel. Why has this not made the evening news? JP Morgan admitting knowing all about and supporting Bernie Madoff's scheme...what else are they hiding? Below is an article scraped from Housing...
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...
Inside the Mortgage Mess…Foreclosures on Hold for How Long?
Foreclosure Fiasco…Robo Signing…How Big Is the Problem?
The Foreclosure Halt…How Will It Impact Housing Recovery
Mortgage Lenders Committed Fraud: Rep. Waters…Halting Foreclosures
Rep. Maxine Waters, (D-Calif.), defended on CNBC Wednesday her call for a mortgage modification and a moratorium on home mortgages for those Americans who are unable to make their loan payments, as a way of allowing them to keep their homes. “There are people who...
Foreclosure Fraud Is It Worse Than We Thought?
There has been plenty of pontificating over the ramifications of foreclosure freezes on troubled borrowers, foreclosure buyers and the larger housing market, not to mention lawsuits, investor losses and bank write downs. There has been precious little talk of what the...
‘Larry the Cable Guy’ says Git-R-Done! Lists His Florida Home for $1.55 Million
Blue Collar Comedy veteran Dan Whitney, more popularly known by his stage name “Larry the Cable Guy,” is ready to ‘Git-R-Done’ with the sale of his longtime, 20-acre estate in Sanford, FL. It is now on the market with an asking price of $1,550,000. Whitney first...