Loan Demand For Mortgage Loans Crashes To Depression Levels
By Tyler Durden In all the chaos over the past few days, we missed the release of the Fed’s latest Senior Loan Officer Survey which…
Mortgage
Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions
By Tyler Durden Last November, housing consultancy firm Zillow lobbed the first warning shot that the housing bubble had burst, when it shocked markets by…
Mortgage Companies Cash in on Pandemic Relief
By Doug French The nation’s billionaires are catching plenty of grief for profiting from the pandemic. All they are guilty of is providing services people…
FinTech Company Mogo Offers $3,100 In Bitcoin To Open Or Refi A Mortgage
By Tyler Durden Monday morning saw further adoption of cryptocurrencies in general, and more specifically, Bitcoin. First, Visa announced it would be one of the…
Mortgage Delinquencies Surge To Nine-Year High
By Tyler Durden The worst is yet to come for the real estate market as home-mortgage delinquencies surged to their highest level in nine years…
Prepare For Tough Times If Your Job Has Anything To Do With Real Estate Or Mortgages
Michael Snyder Activist Post If you have a job that involves building homes, buying homes, selling homes or that is in any way related to…
Re-Default: Up To 46% Of Bailed Out Homeowners Can’t Pay Their Mortgage (Again)
Mac Slavo Activist Post The Treasury Department and managers of the Home Affordable Modification Program (HAMP) are scrambling to figure out why homeowners who used…
Soaring Mortgage Rates Are Going To Make It Far More Difficult To Buy Or Sell A House
Michael Snyder Activist Post Did you actually think that mortgage rates were going to stay at all-time lows forever? Federal Reserve Chairman Ben Bernanke was…
The Fed Now Owns Your Foreclosed Property Under QE3 Purchase of Toxic Assets
Susanne Posel, Contributor Activist Post On ABC’s “This Week”, George Will, columnist for the propaganda news outlet Washington Post, spoke out against Ben Bernanke, Chairman…
Is Mortgage Crisis the Mother of Opportunity?
Whenever any Form of Government becomes destructive of these Ends (to secure rights of the people), it is the Right of the People to alter…
US bank stocks plunge on report of mortgage lawsuits
Bank of America shares plummeted 6.5 percent by midday on news of lawsuits over mortgages © AFP/Getty Images/File Justin Sullivan AFP NEW YORK (AFP) –…
US agency challenges Bank of America settlement
© AFP/File Saul Loeb AFP NEW YORK (AFP) – A US government agency has objected to Bank of America’s $8.5 billion settlement for losses on…
“Robo-Signing” Fraud Continues–Surprise!
Greg Hunter USA Watchdog In April, fourteen of the nation’s biggest banks promised federal regulators they would stop robo-signing documents to foreclose on homes. This…
G. Edward Griffin: Home, Sweet Loan
This is the fourth installment in a series of chapter summaries from G. Edward Griffin’s must-read book The Creature From Jekyll Island. This book may…