Mortgage news, articles and information:

Refinance your home after a bankruptcy - Here's what you need to know

6/8/2013 - To some people, bankruptcy brings relief from being suffocated under a mountain of debt, and others experience it as a shameful sign of embarrassment and failure. Regardless of how you feel about your bankruptcy, once it's been discharged, it's not the end of the world or the end of qualifying for credit....

Citigroup whistleblower awarded $31 million after exposing lending fraud

8/29/2012 - Growing up, small-town, rural Michigan girl Sherry Hunt said she never thought she'd ever be near the top of a major Wall Street bank. In fact, at age 16, she got married and had no plans to go to college. She was more concerned about finding a job when, at age 17, she had her first child. A friend...

Iceland forgives mortgage debt to save its economy

5/6/2012 - It's probably not a concept that most U.S. banks and lawmakers want to think about, but the fact is, Iceland's economy has grown by leaps and bounds since the government there implemented widespread debt forgiveness for many of its citizens. The initiative came about " target="_blank">following...

Corruption of Andrew Wordes case deepens: City of Roswell bullies original mortgage holder into selling note to phony trust company

5/2/2012 - New details have emerged in the tragic case of Andrew Wordes, who died recently in his home after enduring more than four years of abuse and bullying from the City of Roswell in Georgia. Thanks to continued investigation of the case by Maggie West Bean of, it is now coming to light that...

Fannie Mae and Freddie Mac: Bailout for the Wealthy Leaves Taxpayers Holding the Bag

9/14/2008 - The decision by the U.S. Treasury Secretary to bail out mortgage guarantors Fannie Mae and Freddie Mac effectively doubles the national debt. Last week the amount of indebtedness of the American public was a staggering $10 trillion. This week that amount has effectively increased to $20 trillion, as...

Mortgage Meltdown Shows Americans Are Unable to Benefit From Experience

8/16/2008 - As many victims of the mortgage crisis continue their fancy footwork to stay one step ahead of foreclosure, others who owe more than their houses are worth have just given up and mailed the keys back to their lenders. Although mainstream media's guestimates as to when the crisis will end are fairly...

Mortgage Holders Cry Victim, Sue Lenders for Loaning Them Money

4/20/2008 - A bill has been introduced into the House of Representatives that would ban companies from giving out loans that the borrower never has a reasonable chance of repaying, and to allow such borrowers to sue for better deals. Representative Barney Frank, chair of the House Financial Services Committee,...

Mortgage meltdown kicks in as sub-prime lenders collapse under weight of bad loans

3/20/2007 - Federal regulators are currently investigating the policies of a large number of major U.S. Lenders - including New Century Financial Corporation and Fremont General Corporation - to determine whether impropriety was used in their business practices. National home loan policies are also being reviewed...

Warning signs of the housing bubble crash (part two)

1/1/2006 - This is Mike Adams talking about the looming housing bubble burst in the U.S. real estate market. It's coming. As I said before, I predicted the dot-com bust, but I was three years early. It's impossible to predict the exact timing on these things, but when the signs are there, you know it's coming....

Home loan tips to avoid being conned by home mortgage companies

3/15/2005 - When you get a home loan, you're number one goal should be to pay off that loan as quickly as possible. Obviously, you don't have any real equity in the house as long as you're just paying interest. And the way these loans are set up, you're paying little more than interest for the first several years....

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