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Showing posts with label mortgages. Show all posts
Showing posts with label mortgages. Show all posts
Wednesday, November 18, 2009

The Unsustainable US Economy

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The Unsustainable US Economy The US economy is not sustainable. It is like a house built on an unstable foundation. I will make this a s...
Friday, October 16, 2009

Bank of America Loses More Money Due to High Mortgage Loan Defaults

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Bank of America Loses More Money Due to High Mortgage Loan Defaults According to this Bloomberg article, Bank of America Posts Third-Quart...
Wednesday, October 14, 2009

Bank of America Increases Loan Modifications

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Bank of America Increases Loan Modifications According to this CNBC article, Bank of America Ups Its Foreclosure Prevention Efforts , Bank...
Tuesday, September 1, 2009

Prime Mortgages Make Up One Third of Foreclosure Actions

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According to this Forbes.com article, Prime Mortgages Are Failing , between April and June of 2009 13% of all homeowners in the United Stat...
Wednesday, August 19, 2009

TransUnion.com: Mortgage Loan Delinquency Rates Rise

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According to this TransUnion News Release, TransUnion.com: Mortgage Loan Delinquency Rates Rise - But Pace Is Slowing , mortgage delinquenci...
Tuesday, August 11, 2009

4 Reasons the Recent Housing Upswing is Nothing More than a Temporary Slow Down on the Way to the Bottom

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The current housing upswing in sales that is leading many clueless media pundits to claim the housing market bottom is near is noting more t...

SCARY STUFF: About half of U.S. mortgages seen underwater by 2011

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According to this Reuters article, About half of U.S. mortgages seen underwater by 2011 , a Deutsche Bank report states that "the perce...
Tuesday, August 4, 2009

Great Blog Post: The Ridiculous Loan Modification Solution

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According to this BrokerAgentSocial article, The Ridiculous Loan Modification Solution , Banks and Mortgage Lenders have no real incentive t...
1 comment:
Monday, August 3, 2009

Mortgage Servicers Have Incentives Not to Modify Loans, Not to Approve Short Sales and Not to Foreclose (At Least for Quite a While)

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According to this New York Times article, Lucrative Fees May Deter Efforts to Alter Loans , mortgage servicers make more money by charging ...
1 comment:
Tuesday, July 7, 2009

Delinquencies on home-equity loans hit record

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According to this Los Angeles Times article, Delinquencies on home-equity loans hit record , the number of delinquent home equity loans reac...
Thursday, May 7, 2009

Commercial Real Estate Loan Defaults Will Sink Big Banks

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I have read many articles that are stating facts that the mainstream media is not covering.  The most important one is that commercial real ...