I saw an alarming statistic the other day. Foreclosures are up nationwide. The headline is a bit misleading, though – it’s the largest jump in five years. They’ve only been tracking it for five years, so it’s not as dire as the headline makes it sound! But you cannot argue with the math taken from […]
I’m due to write a review for one of my FAVORITE lunch places, and I’ll get it done shortly. BUT, for those of you who check my blog daily, and are considering refinancing or purchasing a home (and you know who you are), hie thee to a lender, please. As per Rhonda Porter at The […]
Aaaargh! I forgot to include this a couple weeks ago in the round-up. It’s a great way to understand how the bottom fell out of the subprime mortgage market.
Note: Whenever I use the term ‘fight back’, I think of David Horowitz and his TV show which aired in the 70’s. That was good TV, I tell you. Great, now I have the theme song running through my head. Anyway, some Staten Island Homeowners were pressured into a high-cost subprime loan, when they would have […]
Some people wanted more help for those struggling with their subprime mortgages. Others thought they shouldn’t be helped out at all. The Bush group compromised with this plan. This paragraph struck me – The administration plan is designed to deal with the crisis by letting subprime borrowers who are living in their homes and are […]