really want Obamacrapcare when he doesn't even want to use it for himself or his own family? Obama and the Congress are racing toward government-run and government-mandated healthcare. If they succeed, YOU no longer will be able to keep your insurance, choose your own doctors or control your own health and well being. You will [...]
I would be very pleased if there's someone who can translate in Italian this article frome "The Economist". EVEN Merton Miller, a Nobel prize-winning economist with a passion for financial arcana, found it “deadly dull”. But if ever there was a week when financial regulation set pulses racing, this was surely it—at least for those [...]
in San Diego. Countrywide has been, over the last three years, the nation’s leading home originator. In California it is estimated that their market share has been between 20 and 25%. Countrywide, through its dominant position, led the effort to create high risk exotic adjustable rate mortgages. These risky Countrywide mortgages are likely to create [...]
properties. Both of these fraudulent mortgage schemes may be furthered by filing bankruptcy petitions that automatically stay foreclosure. In the case of the recent DOJ action, the most common type of mortgage fraud was misstatement of income or assets, followed by forged documents, inflated appraisals and misrepresentation of a buyer’s intent to occupy a property [...]
Hi I was wondering if you would be able to look at a brief summary of my family situation and give me some suggestions.I want to get insurance but can u recomment some changes in what I presently have. I thank you. I am married and have 3 childern (ages 9, 12, and 16) I [...]
Why are we continueing to bail people & companies out? I’ve been hit hard as have my family & friends but especially in my case I’m not rich by far am not but have not over extended myself either & we’re rewarding those who have either because they bought more house then they really could [...]
I purchased a house in a highly desirable area about a year ago. A month after my house purchase, I changed jobs and now work from home so I no longer need to live in an urban area. Today I found my dream house in a more secluded area with a waterview, I love this [...]
Think about it for a minute: Instead of taxpayer money going to make the CEOs of large banks even richer by buying their bad mortgages, why not just open up mini federal branch banks in regional post offices and tax offices? Yes, the interest rates on such emergency loans to individuals will have to be [...]
The Community Reinvestment Act (CRA) started this entire mess. If you did not know already, the fall of our banks, housing markets, and the oil crisis in the summer of 2008 lead us to our demise. The Community Reinvestment Act started it all. This Act was passed in 1977 by Congress to address the so-called [...]