All Posts Tagged With: "mortgage in default"
Port Saint Lucie, FL - #9 on Fastest Losing Value
(post by Dee) Saw an article on Yahoo’s home page yesterday about US cities where real estate values of homes are tanking the fastest, in terms of equity homeowners may have in their properties. Not suprisingly, Port Saint Lucie, FL came in the top 10! Recall our post about BT’s house in Port St Lucie, [...]
19Nov2008 | | 0 comments | ContinuedUnlock the Frozen Wall Street Credit - A $700-Billion Band-aid!
(post by BT) This is truly insane! Wall Street is NOT the US economy. “Paralyzed banking system”, “free up credit lines”… who gets this money? How is it going to be split up? The government needs a new agency - an economic business agency, ran by successful businessmen of this country, not some politician whose [...]
1Oct2008 | | 0 comments | ContinuedGoodbye Wamu! JP Morgan Chase Buys Washington Mutual for Pennies
(post by BT) JP Morgan Chase and Bank of America are reaping the rewards they deserve. The 2 companies who never got into the sub-prime lending and only lent money to A-class customers (with good credit, sufficient income and with reasonable down payment) are reaping the rewards and I mean big time. The market is [...]
27Sep2008 | | 0 comments | Continued
Foreclosure Epidemic in America, I.O.U.S.A. - From Crack to Debt
(post by BT) Remember in the 80’s, those posters, billboards and commercials about drug use? You would see them all the time? Remember “Crack is whack!” “This is your brain on drugs.”? Well, driving in Midtown Manhattan the other day, I noticed a different kind of message dominating… The new dominating theme is, suddenly, FORECLOSURES! [...]
7Aug2008 | | 0 comments | ContinuedDelinquent on Your Mortgage? No Problem.
If you are actually delinquent on your mortgage and are scared that you are going to face big problems, you are wrong. You are fine. It’s the people who actually put a full down payment (money they were able to save because they have the financial means and know how to manage their money) but [...]
15Jul2008 | | 0 comments | Continued
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