Wednesday 4th December
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The Good, the Bad and the Ugly in the Mortgage Settlement
Written on 12 Feb, 2012 at 17:37
The settlement agreement is supposed to help one million households by reducing their loan balance reduced. There's no way is there enough money in this settlement to do all that much for anyone. But Obama has said it's... (Continue reading)
Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident
Written on 30 Jan, 2012 at 18:35
ProPublica is reporting that Freddie Mac has been placing "multi-billion dollar bets designed to only pay off when homeowners remain "trapped" in high interest rate loans, and that the government-owned mortgage monster began increasing such bets late in 2010, which... (Continue reading)
BRINGING UP THE REAR FTC Chairman Jon Leibowitz
Written on 24 May, 2010 at 15:49
If you want to get rid of the loan modification scammers, you certainly don't reduce the number of legitimate options available to help, you let people know where they can get help... beyond calling their bank or standing in line... (Continue reading)
Holder and Geithner LIED About Loan Modification Scams
Written on 20 Apr, 2009 at 2:27
Today was a very sad day for me. Today was the day that I discovered the truth about something that I had been certain was just the result of the administration being misguided. They didn't know, I reasoned.... (Continue reading)