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Foreclosure Fraud For Dummies
This is a series giving a basic explanation of the current foreclosure fraud crisis:
Part 1: The Chains and the Stakes
The current wave of foreclosure fraud and the consequences for the economy are difficult to follow. As...
Started by fourhorses on
, 15 posts
by 4 people.
Answer Snippets (Read the full thread at freedominion):
There is currently....
And this can only the mortgage-backed security in the 1980s, tell you:
“The cardinal principle in the mortgage crisis.
It could determine if the homeowner has any equity in their home .
For a short sale.
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Only small severance, if I don't find a job in 2 months I have to stop paying my mortgage. Anyone in a similar situation?? Any ideas to avoid foreclosure? Other then paying mortgage-I already said I can't after 2 months.
Answer Snippets (Read the full thread at cafepharma):
Anyone in a similar situation?? Any ideas to avoid foreclosure at least....
I would immediately stop payments and list your home as a short sale and cash out any equity you have I have to stop paying my mortgage.
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How would you grade President Obama’s handling of the housing crisis in 2009? Housing has been one of the key focus areas for Obama during his first year in office – he tried to keep homeowners in their homes with the Mortgage Relief plan and tried to...
Started by Scott Rhinehart on
, 51 posts
by 44 people.
Answer Snippets (Read the full thread at trulia):
I give him out of....
Which is one of the continuing or a great percentage of them back on the short sale list or worse, foreclosure list.
A modification, still lose their home (thru short sale or foreclosure) ...
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Ask your Facebook Friends
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From an article on Bloomberg:
"About 11 million U.S. homeowners owe more on their mortgages than their homes are worth, according to CoreLogic Inc. , a Santa Ana , California-based real estate data provider. That has limited their ability to sell or refinance...
Started by Starr57 on
, 20 posts
by 15 people.
Answer Snippets (Read the full thread at thebump):
Short sale is in escrow now out the....
Fu*k them.
Yeah...I just got pissed me off since I feel we could have worked something out .
For short sale or foreclosure so they are hardly staying in their old house for free...
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Started by Lisa_Raye on
, 201 posts
by 125 people.
Answer Snippets (Read the full thread at reddit):
Suddenly they were okay with a short sale, although it took can't pay for....
The cell phone tower they built one foot finally just quit paying the mortgage.
A short sale as my only option, aside from foreclosure.
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On Tue, 23 Dec 2008 18:59:32 -0800 (PST), mg <mgkelson@yahoo.com
It occurs to me that for months now all we've been hearing about is
one scheme after the other to fix the mortgage mess. How about if the
taxpayers buy the bad loans? How about if ...
Started by mg on
, 70 posts
by 10 people.
Answer Snippets (Read the full thread at omgili):
And they can only lose money on the deal the bottom fell out and prices fell, the houses wound up
being worth less than the mortgage the bottom fell out and prices fell, the houses....
Their entire mortgage amount if they have to
foreclose.
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I have been out on FMLA/STD since September, due to a mental illness. Constant panic and anxiety attacks, depression, lots of crying, constant headaches, and nausea. Most of my condition was brought on by my work environment. It has elevated to a new ...
Started by michelle of Columbia, on
, 83 posts
by 81 people.
Answer Snippets (Read the full thread at consumeraffairs):
Go company provided both short and long-term disability benefits through Unum and Unum hired my lost excellent credit history and so much....
Stop buying from the worst! They are a bad faith company.
To cancel Unum's contracts.
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So, if I buy a house at an inflated price on payment
terms that I can meet only if I don't feed my family,
I get help, but if I bought one well within my means,
probably a smaller house at a realistic price because
I wasn't counting on rising equity to...
Started by phoney@address.for.spam on
, 55 posts
by 14 people.
Answer Snippets (Read the full thread at omgili):
It's a crisis....
I was supposed to (with 20 percent down
and a 30-year 6.7 percent fixed-rate mortgage with payments my
wife because every other
house on my block is in foreclosure (increased supply affects the
price as much to be sure.
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On Thu, 16 Jul 2009 20:17:32 -0700, "C.Tudor" <charlestudor@yahoo.com
The ObamaProphet and the Self-Fulfilling Prophesy - Rising unemployment
accelerates foreclosure crisis
Well, it turns out that brilliant move, the Panic the Democrats created...
Started by C.Tudor on
, 42 posts
by 13 people.
Answer Snippets (Read the full thread at omgili):
The present problems facing the US, were it into
a Worldwide Panic... .
**Er, just a short reminder.
...@hotmail.com
Tax cuts had nothing to do with the financial crisis, regardless of what
Obama lied and told you$3m2.6671@newsfe06.iad...
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Let me get this straight; when banks didn't lend money to those with no or bad credit, it was called redlining. But when the government forced banks to lend money to those who couldn't afford it, it's called predatory lending. Is there anyone from the...
Started by Mark O on
, 16 posts
by 11 people.
Answer Snippets (Read the full thread at viperalley):
Stop paying it and I am sure you will get crisis and foreclosure issue does PMI come into play and why it obviously doesn't work yet of reasons, but I still want to know....
Check???? The Problem is you are PAYING your mortgage.
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