Tag Archive: federal reserve

Aug 20

OCC Entices Homeowners with Extension Deadline

blog5

Facing foreclosure might make you feel as though you’re in a skiff on the water, pushed around by a strongwind that won’t let you head in the direction you had in mind. Your skiff is made of mortgage debt… and that wind is your residential mortgage holder, blowing on you fiercely, and wiping you clean …

Continue reading »

Oct 06

Join the homeowners occupation movement

blog4

A volatile stock market, a financial sector is scrambling to stay afloat, and anti-bank animosity is pouring out in the streets of America. It’s looking like 2008 all over again! But perhaps the main lesson to get out of the new “Occupy Wall Street” occupation movement is that the ’08 financial crisis never ended – …

Continue reading »

Mar 18

New Lawsuit Designed to Cut Through The Banks’ Lies

Banks say they never break the law. The Federal Reserve has declared that there are no fraudulent foreclosures. And now, the 50 states’ Attorneys General have put on hiatus their negotiations for creating new loan modification standards. Let’s face it: The foreclosure situation is as predatory and unfair as ever, and in 3 years no …

Continue reading »

Mar 11

Government Foreclosure Assistance Hangs By A Thread

Even at its most impotent, the HAMP program is expected to help around 300,000 more homeowners in the time of its life – if it doesn’t meet a premature end. This week the house of representatives voted to cut funding to HAMP. Spencer Bacchus (R-AL) commented “We should not waste taxpayer dollars on failed government …

Continue reading »