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- Does anyone know when they will start to consider the second mortgage as part of the housing debt ratio for this program?
- To paraphrase the Onion, Americans now clamor for a new bubble to invest in. Once that occurs, we can be sure to see the same cast of characters, no doubt.
- January 5 2009; I and my wife have been taken in by this company to for $1500.00. We had several phone conversations with them explaining how they was dealing with our financial problem.All false ,...
- I agree with the basic premise of the article. There's been caution all across the board. Even consumers who are still employed don't want to spend, and that means they don't want to...
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Blown Mortgage
Mortgage and finance with a sarcastic bent
Buying World Savings (a/k/a Golden West) appears to have been a terrible decision as Wachovia took a $6.1 billion charge related to declining asset values on its way to posting a $9 billion loss for the quarter. In addition to suspending it’s wholesale lending department, the bank is slashing jobs, dividends and non-core businesses in [...]
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11 months ago
11 months ago
11 months ago
Sorry for no tears they were a greedy greedy bank.
11 months ago
I keep wondering whether we will really see a jump in Option ARM foreclosures over the next four years - or are we seeing them already, while they're still in the neg am phase?
11 months ago
11 months ago
80% of the owners of these loans pay the minimum payment. Id bet that most if not all of these loans are upside down.
11 months ago