foreclosure: A Strategy to Stave Off Foreclosure and Stimulate The Economy - 10/30/08 06:59 AM
John D. Geanakoplos a professor of economics at Yale and a partner in a hedge fund that trades in mortgage securities, offers a another alternative to foreclosure. In his Op-Ed piece Mortage Justice Is Blind for today's New York Times, he discusses what used to be the parties to a mortgage and how … (2 comments)
foreclosure: Does Anybody Have A Clue? - 10/26/08 08:51 AM
I have been saying for months that all of the foreclosures are not due to the mortgage meltdown. There are far more homeowners who have had their homes for nearly fifteen years who have fallen victim to the economy.
Companies are downsizing if not going out of business and that has … (9 comments)
foreclosure: New Jersey's Government Responds to Mortgage Meltdown - 10/11/08 07:34 PM
Gerry Green, Chairman of the Assembly Housing and Local Government Committee, has co-authored Assembly bill 2517.
The crux of the bill will provide grants to qualified counseling agencies to provide foreclosure prevention counseling, emergency foreclosure prevention assistance, as well as loans and grants to non-profits for the purpose of purchasing mortgage … (0 comments)
foreclosure: Spellbinding Consequences of the National Crisis - on a Personal Level - 10/05/08 01:00 PM
The national bailout/Rescue Plan is now law. Wall Street can begin its upward ascension. Perhaps it won't be business as usual, that remains to be seen.
However, for the people on main street, not much has changed.In a number of instances due to circumstances beyond their control, many still find their … (3 comments)
foreclosure: What Becomes of the Foreclosed - 09/25/08 12:23 PM
I just read a New York Times article (As Homes Are Lost, Fears That Votes Will Be, Too_ about those who have been foreclosed upon and the potential inability to vote in the presidential election.
Local election officials have a monumental task of informing the general public and in particular those … (0 comments)
foreclosure: Could This Be The Helping Hand? - 07/22/08 07:13 AM
This morning's Washington Post featured an article entitled Congress's Fixer Upper with a subtitle of A plan to stabilize neighborhoods could create more foreclosures. There seems to be proposed legislation afloat to once again assist with the aftermath of the mortgage meltdown.
Real Estate professionals know the perils of foreclosure better … (5 comments)
foreclosure: I'll Get By With A Little Help From My Friends......... - 07/12/08 11:53 PM
I'm gonna try with a little help from my friends. Oh if it were only true. Millions of Americans are struggling to find support, a helping hand. Someone who not only understands but, who also demonstrates compassion. Someone who cares.
Who are these people? Where are they and why are they … (0 comments)
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foreclosure: Mortgage Cancellation Tax Relief Act - 07/29/07 04:16 AM
The Mortgage Cancellation Tax Relief Act - H.R. 1876 was introduced by Congressman Robert Andrews, a Democrat from New Jersey. Currently the bill is being cosponsored by 17 other members of congress, with equal support from both sides. The goal of this legislation is to do away with current laws that require … (9 comments)
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John D. Geanakoplos a professor of economics at Yale and a partner in a hedge fund that trades in mortgage securities, offers a another alternative to foreclosure. In his Op-Ed piece Mortage Justice Is Blind for today's New York Times, he discusses what used to be the parties to a mortgage and how … (2 comments)
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