Posts Tagged ‘Hope-4-Homeowners’

Foreclosures Poised to Take Down the U.S. Banking System… and even entire economy, says Whalen. (Ya’ think?)

Foreclosures Poised to Take Down the U.S. Banking System… and even entire economy, says Whalen.  (Ya’ think?)

“Laurie Goodman of Amherst Securities predicts that 1 in 5 mortgages could go into foreclosure without radical action.” Now just a minute here… you’re not saying that one out of five people with mortgages are “irresponsible sub-prime borrowers who never... (Continue reading)

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

Plus, if I was at all unsure of my position on this program, the clincher was finding out that the cost of both programs is being covered by a tax on large banks and hedge funds contained in the bill.... (Continue reading)

BREAKING NEWS: Amendment Allowing Judges to Modify Mortgages to be Included in H.R. 4173 – Wall Street Reform and Consumer Protection Act

BREAKING NEWS: Amendment Allowing Judges to Modify Mortgages to be Included in H.R. 4173 - Wall Street Reform and Consumer Protection Act

We need judges to be able to write down mortgages on primary residences because the banks aren’t doing it voluntarily, the administration’s Making Home Affordable plan isn’t working, and the result continues to be millions of foreclosures that are destroying... (Continue reading)


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