Real Estate Foreclosure Blog
It is history repeating itself. Over and over again it has been seen that the descendants of mighty rulers moved away from the commercial interests backed by sword play to more intellectual elite pursuits. The theme is being repeated in America with the best brains losing interest in that which made America great – her [...]
Foreclosure detectives are on the prowl sniffing out lies. In two buildings in the suburbs Richard Barrent is combing through files pertaining to loans that would help in deciding who will be responsible for the document crisis. Formerly Barrent had been working with Wells Fargo but since the last two years he is immersed in [...]
The steamrolling of property laws by the lenders and banks have created a scary situation. For instance Washington Mutual contracted a mortgage loan amounting to millions of dollars on a mountain property close to Santa Barbara in California. A month after the deal an important piece of document vanished. But this did not perturb the [...]
The beginnings of the financial mayhem have been brilliantly captured in a book named All the Devils Are: The Hidden History of the Financial Crisis” by two noted journalists, Bethany McLean and Joe Nocera. Apart from glancing backward it explains the phenomenon that has of late been the most disturbing reality for America and the [...]
Last Thursday on 16th September a fierce storm lashed New York City. Those sitting in comfortable apartments going about their chores on the computer in Manhattan’s Upper West Side heard the thunder as the skies darkened. But work continued interrupted only by coffee breaks. Eventually they came to know about the havoc from the news. [...]
There is recent talk about a second stimulus package. This poses a significant question – prior to mulling over expensive short term measures to increase consumer demand in general, what has been done to see that to the proper functioning of the financial market that will push the country on to the recovery tracks? The [...]
The over fifties are doomed to be indefinitely unemployed with no sign of the situation improving in the post recession period. The younger lot is scrambling for jobs – how can the older group with fewer skills in latest expertise get a share of the pie? With rapid advances in technology the experience of the [...]
It may look like that wherever you turn to – the prices are increasing for everything whether it is for medical care or for college tuition. But the Federal Reserve bemoans that they are not going high enough. According to the Federal Reserve a little more dosage of inflation might kick off a snow balling [...]
Real Estate Foreclosure Blog