Plan to Save Underwater Homes– Eminent Domain
In the last 7 days a considerable amount of chatter has been moving across the blogosphere about a policy proposal being floated in San Bernadino County, California to prevent the foreclosure of thousands of underwater homes in the county. In conjunction with private lender, San Bernardino county is...
Read MoreWhy Aren’t Bankers Going to Jail?
Almost 4 years have passed and the bankers and managers who set the stage for economic collapse have yet to be prosecuted by the states or the Feds. As featured in a Reuters Story on last week, the burden is being lifted by lawyers and judges in bankruptcy and foreclosure courts around the nation....
Read MoreFANNIE MAE FILLED WITH THE HOLIDAY SPIRIT– THEY SHOULD BE THANKED
Don't let it be said that Ebeneezer Scrooge works for Fannie Mae. Yesterday the mortgage giant and publicly funded lender made the annou...
