Tag Archive: maxine waters

Aug 20

OCC Entices Homeowners with Extension Deadline

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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 …

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Dec 28

Congress, Fannie, Freddie, & The FBI Say Bah-Humbug Homeowners

Federal Regulators Refuse to Reduce Principals Lately even the White House has come to accept that principal reductions may be the only way to get many homeowners above water again. Owning about half of the country’s mortgages, Fannie Mae & Freddie Mac, along with the Federal Housing Finance Agency, are in the perfect position to …

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