Posts Tagged ‘foreclosures’

Break chains of mortgage morality, lawyer says

I think that for many people their home is much more than an investment.  I know it is for us.  Allowing a house to go into foreclosure just because one is upside down in the mortgage doesn’t sound like a great strategy to me.  What goes down, will eventually go up.  If the mortgage is [...]

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Delinquency rates on prime mortgages surpass subprime loans

I know there are many people who think helping homeowners who are in danger of foreclosure is rewarding the homeowners from bad behavior….but clearly it is not just the homeowners who are to blame for the fiasco.  The Federal government and banks set up the scenario that made it possible for many people to get [...]

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