"San Diego City Attorney Wants City To Be Foreclosure Sanctuary"San Diego City Attorney Michael Aguirre, today, filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he wants to...
DataQuick Information Systems of La Jolla reported yesterday home foreclosures were up 18 percent over May and a 180 percent increase over June 2007. New June notices of default dropped just 2% percent from May, but they were still up 93 percent from a year ago.
"FHA Takes $4.6 BILLION Hit … It’s Just Taxpayer Money"Leave it to the government to come up with a home loan program where, if the buyer does not have the low 3% down payment normally required, the seller can pay that for them. So, from day one, the buyers have zero...
Both Fannie Mae and Freddie Mac have been in the news recently as the US financial crisis continues. I've always wondered where those unexplicable names came from and today I decided to find out. Here's what Wikipedia had to say:"The Federal National Mortgage...
highlighted by mtippett | 1 day ago | updated 1 day ago 102 views | 2 comments
"The End of White Flight For the First Time in Decades, Cities' Black Populations Lose Ground, Stirring Clashes Over Class, Culture and Even Ice Cream By CONOR DOUGHERTYJuly 19, 2008; Page A1 Decades of white flight transformed America's cities. That era is...
"y Son, the Blogger: An M.D. Trades Medicine for Apple Rumors Sign In to E-Mail or Save This Print Reprints ShareDiggFacebookMixxYahoo! BuzzPermalink By BRIAN STELTER Published: July 21, 2008...
With 28 million Nintendo Wii consoles sold around the world it is no longer possible to declare its success a fad. But can Nintendo sustain its phenomenal momentum?Nintendo's global president Satoru Iwata is humble...
"Nelson Mandela, who was instrumental in ending apartheid in South Africa and rose from prisoner to president, is celebrating his 90th birthday. After a series of public appearances around the world over the past few...
highlighted by lotis | 6 days ago | updated 6 days ago 49 views | 0 comments
The Federal Reserve approved new rules for home mortgage loans to protect consumers from questionable lending practices. Most of the new rules apply to subprime owner occupied home loans and go into effect 10-1-09. Two of the best of these new loans are: The lender must...
This certainly sex abuse. She certainly need help for mental recovery. UNICEF must look after the girl and consider the case into account."Nujood Ali is 10 years old, but she already has been married and divorced. It...
"Unknown Object in Photograph of Funnel Cloud in Oklahoma Oklahoma-06-05-08-It was evening time on June 5, 2008, and my friend and I were driving back home from Ohio to Arizona. We ran into some nasty weather in...
The Massachusetts state senate has voted to repeal a 1913 law that prevents the state from marrying out-of-state people who would not be able to marry in their home state. The law was enacted at a time when...
There is widespread panic undergoing in the borders areas of Pakistan after heavy deployment of NATO forces. Now local tribesmen are terrified for military actions against them. "After deployment along the...
highlighted by Sanjay Jha | 1 wk ago | updated 1 wk ago 92 views | 1 comment
Democratic Presidential hopeful Barack Obama will attempt to exterminate the tribal sanctuaries in Pakistan and shift focus from Iraq to other areas."White House hopeful Barack Obama on Tuesday promised to shift the “single-minded” US focus on Iraq to a...
Parents who refuse to control their criminal children are to be thrown out of government housing in the UK under a new plan set to be unveiled today." Parents who fail to take responsibility for their unruly...