Comments on: The Demand for Prime Mortgages has Gathered Steam

By: Mortgage Help Programme Exposing Borrowers to more Scams | Real Estate Foreclosure Blog

Wed, 28 Apr 2010 14:38:06 +0000

[...] mortgage help programme is exposing borrowers more to scams. The Obama government has made some recent [...]

By: New Legal Suits have been Filed by Baltimore and Memphis Against Wells Fargo renewing charges of racist Borrowing | Real Estate Foreclosure Blog

Thu, 15 Apr 2010 14:50:27 +0000

[...] Advancement of Colored People. This suit made the same allegation of the bank peddling sub-prime mortgage to the Blacks in greater numbers than the Whites. In the settlement Wells Fargo will permit the [...]

By: Hating Wall Street Might Harm the Average American | Real Estate Foreclosure Blog

Wed, 14 Apr 2010 14:53:51 +0000

[...] manipulate it as much as they can with stocks. No mention however is made again of the sub-prime mortgage bonds that triggered off the [...]

By: Challenges Posing the Economy | Real Estate Foreclosure Blog

Challenges Posing the Economy | Real Estate Foreclosure Blog — Tue, 13 Apr 2010 14:38:54 +0000

[...] Federal Reserve has also purchased $1.25 trillion of securities that were mortgage-backed. Bernanke said, “We have yet to see evidence of a sustained recovery in the housing [...]

By: The Magical Recovery of America Sans any Jobs | Real Estate Foreclosure Blog

Mon, 29 Mar 2010 14:48:43 +0000

[...] recovery was not happening. More than five million owners of residential houses are late on their mortgage dues. Foreclosures are increasing the pipeline being enormous. Housing sales and prices were [...]

By: Tax Bills may now Arrive as Unpleasant Surprises | Real Estate Foreclosure Blog

Fri, 26 Mar 2010 16:36:57 +0000

[...] made for the taxpayers who have become victims of this housing crisis. As per law passed in 2007 mortgage debt that has been forgiven is not taxed; but the property has to be the primary [...]

By: Federal Reserve Feels the Time is not yet Ready to Increase Interest Rates | Real Estate Foreclosure Blog

Thu, 25 Mar 2010 16:54:25 +0000

[...] Joseph Stiglitz of Columbia University had said that if the Feds discontinued the purchasing of mortgage backed securities the housing crisis would worsen. He said, “The withdrawal of the support [...]

By: If the Economy has to Recover Wall Street has to be Weaned Away from Gambling | Real Estate Foreclosure Blog

Fri, 19 Mar 2010 14:41:37 +0000

[...] recently it has been disclosed that Goldman Sachs was surreptitiously betting against certain mortgage products that in public it was promoting! To prevent another meltdown it is vital to put back the [...]

By: The People are Confusing TARP with Stimulus Package | Real Estate Foreclosure Blog

Wed, 17 Mar 2010 18:17:23 +0000

[...] avoid a rerun of the crisis. He thought that the too little was done in the matter of stimulus and mortgages while too much was done for the banks. The financial regulation has not been decided as yet and [...]

By: Buying Foreclosed Units is a Tough Job | Real Estate Foreclosure Blog

Buying Foreclosed Units is a Tough Job | Real Estate Foreclosure Blog — Tue, 09 Mar 2010 14:49:35 +0000

[...] common with not only multiple loans but also accrued penalties like interests and fees. The second mortgages cause more worry. Simultaneously the value of property has dropped during the previous three years. [...]