Tag Archives: Foreclosures

Warren Buffett to invest $5 billion in Bank of America

And while all of these billions of dollars are changing hands and those in the loop are filling their ever-bulging pockets with even more money, Bank of America will continue to foreclose on the homes of Americans who lost their … Continue reading

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Up to 40 states plan inquiry into foreclosure data

What an absolute mess! The banking industry is the main culprit behind the economic crisis that we’re currently in, and yet they continue to screw things up even further. This, despite the fact that the federal government has committed billions … Continue reading

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Homes lost to foreclosure up 6 pct from last year

We continue to hear, primarily from our President, that the economy is on the rebound. I suppose that regardless of the facts the White House pretends that if they repeat a lie long enough the people will accept it as … Continue reading

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Mortgages: Strategic Defaults Are On the Rise

Interesting article… There is no question that this is happening, and happening on a grand scale. I’ve made the following analogy: Who would walk into an auto dealership to purchase a vehicle, agree to terms for say a $35,000 automobile … Continue reading

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