Proper documentation of the loans was never made
From a milestone article in the NYT,
Stated simply, the notes that underlie…
more...Distress
Wednesday lunch time , July 22, 2009.
Loan Modification Alert!
I just ran into a startling livinglies post.
I knew there was something…
more...National Usury Cap defeated. Grassley, the Lonely Republican to Vote Favorably
Multiple readers wrote to the New York Times in the wake of Wednesday afternoon’s vote asking…
more...Grim Reality for Loan Modifications
Banks, loan servicers, debt settlement and loan modifying agencies…
You can’t hammer a wooden stick through…
more...Banking Committee passes Credit Card Act
Banking Committee Passes Dodd’s Sweeping S414 Legislation to Reform Credit Card Industry in a narrow 12-11…
more...Cobra Health Insurance Subsidy for laid off workers
Good news!
The Department of Labor launched yesterday a new assistance program.…
more...Credit card default tsunami
Banks are at it again, tightening credit limits, raising standards, and closing accounts. They have also…
more...House approves Mortgage Cramdown bill
Update: This bill was defeated in the Senate.
Great news! The House approved today the
House may approve Cramdown Bill as early as March 5
Update: This bill was defeated in the Senate.
Great news! The House approved today, March 5,…
more...How can I benefit from the Obama stimulus bill?
Updated: March 5.
Great news! The House approved today the cramdown bill in a 234 -…
more...What’s wrong with the economy?
Its been 30 long years since chairman Deng Xiaoping decided to open China’s economy to the…
more...