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Germany Cuts Off Its Nose

Self-righteousness is blinding Germans, and Americans, from making sensible policy decisions. Go to Source





Mr. Romney on Foreclosures

Standing idly by while the housing market crashes is a bad idea, for everyone. Go to Source





Mr. Romney on Foreclosures

… . Currently, some 14.7 million homeowners owe $700 billion more on their mortgages than their homes are worth. Going forward, prices are likely to fall further as banks put a backlog of foreclosed prop… … Read the full story at New York Times Go to Source





An Income Hit State’s Median Household Income Fell By 2nd-Largest Amount In U.S. In 2010

… , she worked seven days a week. They were able to cover their mortgage, unlike the owners of the house next door, which has been foreclosed on. The Kreneskys needed to refinance their house to afford the debt load for … Go to Source





Nov. 27

… v. James Fox Foreclosures (residential) PNC Bank NA v. Tammy Waite Federal National Mortgage Association v. John F. Frankowski Deutsche Bank … as indentured trustee v. Douglas W. Miller Nationstar Mortgage LLC v. Robert M. Mason American Home … Go to Source





Yuma housing boost foreseen

… 3.9 percent. Over the life of a 30-year mortgage, that will save homeowners a lot of … 2011 until August. At that point, foreclosure activity (and bankruptcies), that had been … that there have been 620 actual foreclosures through October of this year. In … Go to Source





Why wouldn’t banks pay?

… of dollars on it, they are the legal owner and must pay real estate tax. If a bank or mortgage company forecloses on a piece of real estate, they become the legal owners and are obligated to pay the real estate tax. … Go to Source





Black and Hispanic N.J. residents less likely to own homes following housing crisis, U.S. Census reveals

… found themselves in foreclosure. And the bar for mortgage lending is far … housing and community development. "The mortgage-lending pipeline has completely dried up. … ." Aside from the threat of foreclosure, the Hispanic community faces another set … Go to Source





Partners in John’s Pass project working out problems

… be used to assume several existing first mortgages. The Rice family would receive $2 … to complete the renovations. Meanwhile, a Synovus Bank foreclosure action that began in January … it said is a $495,000 defaulted mortgage. [Last modified: Nov 26, 2011 03 … Go to Source





Help for the underwater homeowner

… years since the recession keeping up with mortgages as others walked away from … them for people refinancing for a shorter-term mortgage. Borrowers refinancing for a fixed rate … in your old loan. Have a foreclosure? Bankruptcy? The new HARP makes things a … Go to Source