Posts Tagged ‘mortgage crisis’

TARP Chief Elizabeth Warren Says We’ll Never Know Where TARP Funds Went

TARP Chief Elizabeth Warren Says We'll Never Know Where TARP Funds Went

Elizabeth... damn it. That doesn't make any sense and you have to know that. First of all, I would argue that you don't have to ask in advance where your $700 billion will be going because IT's $700... (Continue reading)

So, It Wasn’t the Subprimers After All… What Do You Know About That?

Have you ever waited for a day to come? A special day. A day when all would begin to look right in the world once again. My first such day was April 10, 2000… the day the dot-com bubble went... (Continue reading)

NY’s Attorney General Cuomo & The Loan Modification Industry

Then, proving to me that he was completely ignorant and insensitive about the situation he is investigating, Cuomo said: "No one has to pay for this service."
 Well, alrighty then. At 48 years old I have just been shown the country’s... (Continue reading)

There’s the OUTRAGE: Riverside Man Booby-Traps Foreclosed Home

Here’s how the LA Times, in just a few brief paragraphs, reported the story today: “A 42-year-old Riverside man has been arrested on suspicion of setting up fake booby traps outside his foreclosed home, authorities said today. Former homeowner Daniel Gherman... (Continue reading)

HUD Says Hope-4-Homeowners Modified ‘1′ Mortgage.

Yes, you read that right… just one very lonely mortgage.  Only 399,999 more to reach their goal! Well, it’s been a long time coming in my opinion, but Brian Sullivan of Fox Business News has finally looked under the covers... (Continue reading)

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Obama’s Campaign Against Mortgage Modifications

President Obama has apparently embarked upon a campaign to put all private sector loan modification firms out of business because some are apparently scams. It's a curious approach when you consider that there have been and continue to be... (Continue reading)

Obama’s Speech Avoids Using the “N” Word…

I realize that his speech the other night was intended to be more State-of-the-Union-like than a presentation of specific solutions, but I still came away feeling a bit like a Christian Scientist with appendicitis. America's banks are, in large part, insolvent.... (Continue reading)

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