Today’s Foreclosure Newsby Dan Kelley, Corpus Christi Caller-Times CORPUS CHRISTI — When Corina Lopez bought her house in 2001, she financed through the previous owner. The terms were relatively simple: Lopez put down $3,300 and would pay $496.47 a month for the next 15 years for the $49,500 house. Five years later, she got a mortgage through [...]
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As Phil Gramm explains that when he said “we are a nation of whiners” he only was referring to our leaders, like our current President, (see story here), folks should remember he is not merely a campaign genius. Former US Senator Phil Gramm from Texas did a lot to help loosen lender restrictions that helped cause the [...]
Filed under: National Foreclosure News, Texas | Leave a Comment »
So, in my last two posts I made fun of all the experts who said borrowers should call their lender in one form or another (here and here). The people who often blame borrowers for buying a home they could not afford turn around and tell borrowers to not feel ashamed and call their lender (or a housing counselor [...]
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I did not just want to pick on poor MSNBC for their foreclosure prevention advice (previously reviewed here)… LOS ANGELES, California (CNN) — With foreclosures and bankruptcy affecting millions of homeowners, CNN’s Larry King on Tuesday talked to several experts in the real estate industry to get advice on handling the mortgage meltdown. (complete transcript here). [...]
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Getting tired of all the feel good articles that explain how to avoid foreclosure? These things are published right and left, all over the web, tv, and print media, but who actually reviews them? Let’s do it. One was posted on MSNBC today (here): Sidestep landmines that can lead to foreclosure. If you’re struggling to [...]
Filed under: Advice for Borrowers, National Foreclosure News | 8 Comments »
