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Wouldn’t be better to let the banks and mortgage companies fail or survive on their own?

I am sure it could mean a different way of life, OR the banks would have to cut salaries and pay for ALL of thier people. Share holders would be broke and buisnesses woulf fail. We will have to start from scratch. Was there not a time when we did not have a stock market [...]

When asked about Barack Obama’s achievements and qualifications for President?

Why do his supporters rattle out this list and feel that it’s a big enough “Gotcha” to back everyone off?
Barack Obama:
*Harvard and Columbia Grad. (Good for him, a lot of people did the same)
*Occidental College student. (student again, good for him).
*Former educator with University of Chicago Law School. (those who can’t do, [...]

for those of you who think Obama has accomplish nothing?

Obama passed legislation with Republican Senator Jim Talent to give gas stations a tax credit for installing E85 ethanol refueling pumps. The tax credit covers 30 percent of the costs of switching one or more traditional petroleum pumps to E85, which is an 85 percent ethanol/15 percent gasoline blend.
-After a number of inmates on death [...]

Have you been hurt by inaccurate credit bureau info?

Below is a copy of a letter sent to President Obama and each of my congressmen today.
If you have had your chances for a loan, mortgage, or job destroyed due to inaccurate credit bureau information, now is the time to speak up and ask for reform
Dear President Obama,
I am writing to ask you to [...]

Mortgage modifications – New year looks no brighter for mortgage modifications

Mortgage modifications – New year looks no brighter for mortgage modifications
The Attorney General’s office received 578 complaints against banks regarding mortgage modifications from Nov. 9 through mid-December, with almost half of them against Bank of America.
Banks say they’ve hired staff, set up processes for handling a flood of troubled borrowers, but consumers are not filling [...]

Mortgage Deals – What would happen to Joe Lieberman if he got a sweetheart mortgage deal? was delinquent on taxes? had affair?

Mortgage Deals – What would happen to Joe Lieberman if he got a sweetheart mortgage deal? was delinquent on taxes? had affair?
Question about what would happen to Joe Lieberman if he got a sweetheart mortgage deal? was delinquent on taxes? had affair :
What if Joe Lieberman did what Senator Chris Dodd did—-got a sweetheart mortgage [...]

The Mortgage Modification Conversion Drive has begun.

The Mortgage Modification Conversion Drive has begun.
It’s an effort by Housing and Urban Development and President Obama to help homeowners who feel they can’t keep their head above water.

Mortgage modifications to get push

Mortgage modifications to get push
The Obama administration on Monday announced a renewed push to get mortgage companies to convert thousands of temporarily restructured home loans into permanent ones by the year’s end to help keep struggling homeowners from falling into foreclosure.

Mortgage Industry – Feds increase pressure on mortgage industry

Mortgage Industry – Feds increase pressure on mortgage industry
The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program.

Growing number of US homeowners are at risk of losing their property

Growing number of US homeowners are at risk of losing their property
Almost one in eleven Americans is at imminent risk of losing their home, as the housing crash continues to claim thousands of victims, more than three years after prices began to fall.
Data from the Mortgage Bankers Association show that almost 5% of all American [...]