Posts Tagged ‘Ed DeMarco’

BYE-BYE DEMARCO! Obama to Replace Director of FHFA

BYE-BYE DEMARCO!  Obama to Replace Director of FHFA

The mortgage market is not just dominated by the government, the mortgage market is the government, and that’s not just here in the US, it’s everywhere. Governments are the lenders of ONLY resort. ... (Continue reading)

FHFA Looking to Jail Strategic Defaulters

FHFA Looking to Jail Strategic Defaulters

There’s no such thing as people who can pay their mortgages no problem but just feel like cleaning out their garage, ruining their credit, and then living in an apartment where the kitchen smells like ass for the next five... (Continue reading)

Debt Forgiveness – The IMF, Iceland, and the U.S. of the 1930s all say it works

Debt Forgiveness - The IMF, Iceland, and the U.S. of the 1930s all say it works

Iceland’s mortgage write-down program happened as a result of thousands of its citizens taking to the streets demanding that something be done about the debts the people had incurred buying homes during the bubble at what turned out to be... (Continue reading)

Atty. Gen. Kamala Harris ASKS Fannie and Freddie to Stop Foreclosing

 Atty. Gen. Kamala Harris ASKS Fannie and Freddie to Stop Foreclosing

Actually, I don’t even know if she can pull off that angry black woman thing, but that’s exactly what we need at a time like this. You think Weezy Jefferson would be putting up with some nerdy pasty white... (Continue reading)


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