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When Will the Pivotal Nature of the Foreclosure Crisis be Understood

Written on 2 Oct, 2012 at 1:08

When Will the Pivotal Nature of the Foreclosure Crisis be Understood

Once you’re underwater, however, as at least half of homeowners are today, you can’t borrow against your home’s equity, nor can you sell your home, so any of those life events are likely to hit you where you live. ... (Continue reading)

Tagged with: 2012 presidential election attitudes about foreclosures bank of america California sales tax receipts economic recovery economy Fannie Mae Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures fraudulent foreclosures Freddie Mac GDP HAMP loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode mitt romney Mitt Romney on housing ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA obama administration Ocwen President Barack Obama QE-3 QE3 recession RMBS stopping foreclosures TARP Treasury Secretary Tim Geithner trial modifications unemployment Wrongful Foreclosures

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