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- Thank you, Someone has finally shown us the elephant in the closet. 18mos ago, I heard about this though No One would speak of it... The RE market is just running with this new format, trading one...
- Oh this is such a bunch of bull....and affecting my health/blood pressure, I have complied with this HOPE program ( freddie mac owns note) and still after 90 days of review, still waiting game....
- I'm no financial guru and only have a 4yr. degree from a state college, yet I've been of the exact 3 opinions mentioned in this article about the root of this economic fiasco. 1. Lenders...
- Robert, I am not your Lender, nor am I handling your Loan Modification. I don't know why I received thi semail, but it is an obvious error. Thank you. John Blanks
- Why is it taking so long to get an answer to my mortgage modification request ? Since mortgage rates are increasing, continued delay in my receipt of information from my request can adversely...
Blown Mortgage
Mortgage and finance with a sarcastic bent
Big Banks Lining Up to Stop Sell Off of Subprime Related Securities
Started by morganb · 6 months ago
The New York Times is reporting on the efforts of some of the largest banks in the world to establish a $75 billion super-fund to purchase distressed structured investment vehicles backed by poorly performing subprime mortgages. The fund, which would be comprised solely of bank money would be u
... Continue reading »
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