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SF Bank Under Siege By People Facing Foreclosure
" A San Francisco Wachovia branch was under siege Wednesday afternoon by people on the verge of losing their homes. Those people accuse the bank of giving them mortgages that the bank knew they couldn't afford....
U.S. plan for Fannie, Freddie to hit shareholders: Takeover announcement exp...
UPDATE: This happened as anticipated. There is more complete look at the world financial situation HERE, and I recommend it.This is not your great-grandpa's bailout, but it is meant to reverse the...
created by dunkelberg | 4 years ago | updated 4 years ago
570 views | 11 recommendations | 10 comments
570 views | 11 recommendations | 10 comments
Fannie & Freddie bailout in the works: Congressman confirms intervention
Reports say the bailout of Fannie and Freddie is imminent."SAN FRANCISCO (MarketWatch) Rep. Barney Frank (D., Mass.) confirmed Saturday that Treasury Secretary Henry Paulson is planning government intervention to back troubled mortgage giants Fannie Mae and Freddie Mac. The...Credit crunch 'to last into 2010'
HBOS chief Andy Hornby: 2010About two-thirds of wholesale funding received by UK banks comes from overseas - primarily from the US. And the HBOS chief said that US money-market investors would not resume...Have the Government Bail Out New Orleans and Fannie and Freddie and...
There's a reason why I believe in economic freedom; free markets and free people. Read here and then I'll tell you why."New Orleans is still far from being able to withstand a 100-year storm -- in other words, a storm that has a 1% chance of happening next year, a 10% chance...Ed Mc Mahon Successfully Avoided Foreclosure
A couple of months ago, the entire nation was surprised to hear that television personality Ed McMahon is facing foreclosure. Even though his home has been for sale for nearly two years, there were no interested...Fix And Flip - The Formula
It has nothing to do with what you've spent, does it? The Fix And Flip Formula 1. Determine the after-repair value of the house you're looking at. ...The Not-So-Glamorous World of House Flipping
Think, 'Will the repair or improvement make the house more profitable?'" House flipping is a stress-filled business. Because profits are actually realized ...How to Fix a Flip House
If you bought a flip house project as a real estate investment, here are a few fixer upper tips to help you get through the renovation fearlessly.Freddie Mac Reports Homeowners Late in Seeking Home Assistance
According to a report recently published by the Federal Home Loan Mortgage Corporation or Freddie Mac, very few distressed homeowners contact their lenders when having problems with their mortgage debt. The...Teens Suffer from Enduring Foreclosure Crisis
In the midst of the foreclosure crisis, teenagers are experiencing trouble at home especially when their parents are imposing measures that will allow them to pay their mortgage dues each month. It is not... These homes for sale stink
"Why Fannie and Freddie matterMore Videos This boarded-up, bank-owned home is on the market in Milwaukee. On the inside, that Milwaukee home has been picked clean. Never before have there been so many squalid, dilapidated homes... Indiana Communities Shell Out $85K for Each Foreclosure Home
The foreclosure crisis has not only resulted to Indiana homeowners losing their homes. It also cost most communities in terms of lowered home values. According to the housing advocate ACORN, communities spend...Los Angeles Gears Up to Repair Foreclosed Properties
When the new housing legislation is implemented in October, California will be receiving a federal grant that could amount to as much as $1.2 billion. This money will be used to buy and rehabilitate foreclosure ... US Treasury and Federal Reserve involved in Mortgage-Securities Fraud?
I discovered Solari and Solari circles a few years ago. The founder, Catherine Austin Fitts, is an investment adviser, a former Assistant Secretary for Housing-Federal Housing Commissioner (HUD), and investment banker. The following excerpt is some of her shocking discoveries... Top Members Today
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