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Jazz Vocalist: Latest Foreclosure Victim
The foreclosure crisis is certainly hitting the working class quite hard. It claimed another victim in the person of Ernestine Anderson, a 79 year old - jazz vocalist who sang with famous singers such as Ray...
4 arrested in San Diego Scam
San Diego police arrested four people related to a gigantic foreclosure scam that tricked 400 home owners into paying rents and fees to a San Diego based group. The scam was based on a false foreclosure rescue plan... The Mortgage Mess Lawsuit: Countrywide and Miles High
As 2008 opened wide, predictions were made by seers of all stripes. Britney and Hillary would triumph/implode. Pakistan would stabilize/explode. The housing market would rebound/erode. Predictions re the latter tended to focus on nuts, bolts, and bailouts. As in-- Bernanke... The Bush Subprime Bailout: Limited Surge or Taxpayer Quagmire?
Ick! The Ownership Society of crap mortgage lending that President Bush pushed so assiduously has gone and done an Iraq on the carpet. Attention taxpayers and homebuyers dumb enough to save for real down-payments. The roar you hear at the door is Dubya with a wallet-sucking...Mortgage Fraud Addicts of the Empire State
Poor mortgage fraud. It still doesn't get the big eyeball. What does a white collar crime have to do to get real paparazzi action? Sleep with an A list celeb and become rehab material? OK. If that's what it takes here goes: according to the FBI, mortgage fraud is hooked up... Bloody Toto in Mortgage Fraud Land
During the halcyon years of the housing bubble, mortgage fraud flourished like the green bay tree. The same EZ lending, lax oversight and belief in non-stop real estate inflation which pumped subprime excess also helped fraudsters party hearty. Among the revelers was ... Alt-A Reality and the Subprime Rescue Mission
The United States of Real Estate continues to suffer from subprime mortgage sickness. Now spreading into Alt-A territory. Until recently the risk to Alt-A was pooh poohed. Financial institutions with Alt-A exposure declared it a step up from subprime. Now seers say watch...
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