Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts
Monday, July 20, 2009

They're Back!!! (With a Vengence)

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Our favorite charities are back in business, but this time not asking for handouts - just taking the money from us. CitiBank / CitiFinancial...
Monday, April 20, 2009

Money For Foreclosure Relief: An Expensive Fiction

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An Associated Press story in the New York Times on April 16, 2006 headlines "SIX LENDERS TO GET HOME LOAN AID", specifying in the ...
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Monday, April 13, 2009

How Money is Derived from Derivatives Called "Mortgage Backeds"

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The Chart above shows how Mortgage Backed Securities " MBS " come into existence. (Chart author/designer unknown) Terms used - (G...
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Thursday, April 2, 2009

The Real Toxic Assets - Derivatives (whatever they are)

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This posting will begin a 3 part series, to be finished by week's end, where we try to make understandable the un -understandable. Obvio...
Sunday, March 8, 2009

Mortgage Rescue Plan - What's Missing?

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The last post entailed a discussion of the President's basic loan modification plan to help 1 in 9 homeowners. The plan is comprehensive...
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Saturday, March 7, 2009

Mortgages, Mortgages, Everywhere, Yet Not A Drop For Me

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We finally have the basics of the Mortgage Bailout for Homeowners -at least for some homeowners. The Administration crafted a plan, touted i...
Saturday, February 21, 2009

Mortgage Rescue Plan: Does It Need a Rescue?

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Now we know what the monsters are under the bed : partisan politics, inertia, greed, and despair. The economy keeps getting worse and every...
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Friday, February 13, 2009

Mortgages, Foreclosures, and Other Monsters Under Your Bed

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NPR had a piece on the 13 th discussing the issues dealt with here in days past, namely the mortgages servicers / securitization problems....
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Thursday, February 12, 2009

Mortgages, Foreclosures, and Help for Homeowners

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According to RealtyTrac , a company that watches foreclosures nation-wide, the rate of foreclosure increases has dropped. While there was ...
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Saturday, February 7, 2009

The Bill is Passed - No Relief for Homeowners

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The Senate passed their version of the stimulus package which now has to be reconciled with the House's stab at it. All this means is t...
Thursday, January 8, 2009

CitiBank and Mortgage Modifications

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MORTGAGE - MODIFICATION - FORECLOSURE - BAILOUT - TARP In a stunning and surprising turn-around, CitiBank has agreed to support Sen. Rich...
Saturday, January 3, 2009

More About Foreclosures & Mortgage Modifications

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FORECLOSURE - MORTGAGE - BAILOUT - TROUBLED LOANS - FORECLOSURE SALE 2009 - a New Year! A better year for homeowners and mortgage owners ? N...
Monday, December 22, 2008

Stopping Foreclosures

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FORECLOSURE - MORTGAGE CRISIS - SUBPRIME - PREDATORY - MORTGAGE You have fallen behind in your mortgage payments and you wonder how long it...
Saturday, December 20, 2008

Foreclosures Continue

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FORECLOSURE - TARP - BAILOUT - MORTGAGE CRISIS - CREDIT CRISIS - PAULSON Secretary of the Treasury Paulson has informed Congress that the se...
Saturday, December 13, 2008

The New Villian? C.R.A.?

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FORECLOSURE - MORTGAGE CRISIS - BAILOUT - HOUSING - MORTGAGE Surprisingly, or maybe not, there was an Op-Ed Opinion in the December 11, 2008...
Thursday, December 11, 2008

Homeowners & Mortgages & Foreclosures & TARP?

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FORECLOSURE - TARP - MORTGAGE - BAILOUT - SUBPRIME (Note: This post refers to earlier writings. You are urged to read those submissions) Thi...
Wednesday, December 3, 2008

How Long Can You Tread Water?

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FORECLOSURE CRISIS - CREDIT CRISIS - BAILOUT - MORTGAGE ISSUES Those of you who are fans of William Cosby, EdD, a/k/a Bill Cosby comedian, m...