http://economicrisis.com/obama-and-bernanke-pump-a-new-housing-bubble/3922 Obama and Bernanke Pump a New Housing Bubble Obama administration pushes banks to make home loans to people with weaker credit … The Obama administration is engaged in a broad push to make more...
http://economicrisis.com/fannie-mae-posts-record-17-2-billion-profit-in-2012/3664 Fannie Mae posts record $17.2 billion profit in 2012 The mortgage giant Fannie Mae said it racked up its highest profit ever during the 2012 calendar year – a signal of housing-market...
http://economicrisis.com/the-us-has-become-weimar-amerika-a-fascist-enclave/1518 “The US has become Weimar Amerika, a fascist enclave.” The propaganda has turned openly laughable. On the popular major financial news networks, the recent decline in the so-called Gold...
Buying foreclosed properties in metro Atlanta is still viable both in the residential and commercial sectors as foreclosure activity is still rising in both sectors. Recent multifamily foreclosures include...
created by cassy82 | 3 years ago | updated 1 year ago 143 views | 10 recommendations | 0 comments
Home foreclosures and job losses pushed bankruptcy rates to their highest levels in Central Valley counties in California. Nearly 46,000 bankruptcies were filed in courts in Sacramento, Modesto and Fresno. " Home foreclosures helped drove bankruptcies in the Central Valley...
created by cassy82 | 3 years ago | updated 1 year ago 174 views | 0 recommendations | 0 comments
Official sources break the shocking news about the death of David Kellermann, Chief CFO of mortgage giant Freddie Mac in his Fairfax home. " Police sources have confirmed the news of the death of acting CFO, David...
created by cassy82 | 4 years ago | updated 1 year ago 251 views | 0 recommendations | 0 comments
According to sources in Washington, the United States government has proposed a plan to help homeowners facing foreclosures. Federal officials announced the plan last Tuesday as giants in the mortgage market such as Freddie Mac and Fannie Mae launched a new approach to deal...
created by cassy82 | 4 years ago | updated 1 year ago 557 views | 0 recommendations | 1 comment
In what is a surprising development in the foreclosure crisis, two of the nation’s largest home loan guarantors - Fannie Mae and Freddie Mac – were sued by Michigan counties who allege that the two...
created by cassy82 | 1 year ago 238 views | 0 recommendations | 0 comments
We all know that MERS was created by major mortgage lenders, but has generated muchcontroversy lately about the right to terminate."Homeowner Jose Gomes was represented by attorney Ehud Gerstein. The court ruled...
Infinite Freedom Foundation Proposes to Consolidate Fannie Mae and Freddie Mac and Wind Down Interest Bearing Housing DebtBy Alex S. GaborAre you better off today than you were two years ago? There is 18% more money floating around the planet in dollar terms alone than there...
created by AlexSGabor | 2 years ago 206 views | 0 recommendations | 1 comment
It looks like a major fiasco involving two well established mortgage giants Freddie Mac and Fannie Mae may wind up costing the American people nearly 259 million dollars. That is twice what was thought to be the original cost. It has been discovered that the 135 million...
The Internet will give you an idea of the great possibilities of turning a profit from buying foreclosure houses, repairing them and reselling them to the market for a higher price. "As one of the bigger segments...
created by cassy82 | 2 years ago 77 views | 0 recommendations | 0 comments
In a new announcement that left the mortgage market dumbfounded, the Federal Reserve and the National Treasury announced that it will release another $800 billion in funds to new lending programs to get the credit market running once more and to force mortgage rates down in a...
created by cassy82 | 4 years ago | updated 2 years ago 316 views | 0 recommendations | 0 comments
Washington is still unsettled as to how to handle the foreclosure crisis."Last November 11, the administration publicized the government’s $ 700 billion plan to refinance delinquent loans controlled by mortgage companies, Freddie Mac and Fannie Mae. The already passed...
created by cassy82 | 4 years ago | updated 2 years ago 117 views | 0 recommendations | 0 comments
The Federal Deposit Insurance Corp. (FDIC) is planning to use an estimated $24 billion in federal funds to help nearly 1.5 million homeowners in the United States avoid foreclosure."The program includes providing guarantees to 2.2 million loans that have been modified,...
created by cassy82 | 4 years ago | updated 2 years ago 122 views | 0 recommendations | 0 comments