Walking away from your mortgage in most states seems like the worst thing that you can do. Well in many cases it is. With short sales on the rise and agents finding themselves with even less time on their hands they are finding that hiring 3rd party negotiation firms are the way of the...
Surprise! Not really. The largest bank in the world taking some of the largest hits just makes sense. Especially after they bought only one of the largest sub-prime servicers this side of the Mississippi (probably either side). Kenny Lewis has the Czar on his back and on the heals of that these numbers come...
While a lot of people of hurting it will be nice to see that the lenders who cause this mess are not going to be getting away completely free. As the government’s pay Czar reviews the compensation that is received by the management in the companies that received TARP and other funds from the...
There is a post on CNN Money today that reflects on the 500,000 homeowners who have found assistance through the Obama plans. As it is great for all the families that found the assistance that they needed, which we applaud them for because of how terrible the banking system is at processing these plans,...