Thursday, February 16, 2012

Bank get out of jail free settlement moving forward

There are entirely too many "coulds" and "mights" in this article. One other detail jumps out; if California receives 9 to 15 of the 25 Billion, a "couple hundred million" per remaining state is not valid. These banks are being given a free pass, especially when you consider how much the taxpayer has given them. We are literally paying the settlement for them.



Sunday, February 7, 2010

Mortgage Bankers Association "extricates" self from owning property...

...the irony of the MBA ditching this investment, while moralizing that homeowners should continue to pay their mortgages, is...well, quite ironic.

Sunday, August 23, 2009

Welcome to the site. Stay tuned...more to follow...