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Mortgage Modification Swindlers Prey on Desperate Homeowners in Hispanic Area in Brooklyn
8 hours ago ago from Feet in 2 Worlds, immigration news
By Eva Sanchis, El Diario/La Prensa This story was written under a fellowship grant from New America Media . Republished with permission. Opportunists are making a killing in Bushwick. (Photo: Eva Sanchis/El Diario La Prensa) NEW YORK – Maria Jacome, an Ecuadorian migrant, attributes the rescue of her home at 890 Bushwick Avenue to the president and the Virgin. “I am blessed by God and President Obama because without their ...
Related contentWhy the Biggest 1099 Tax Hurricane, Tsunami, Tidal Wave, Earthquake, Flood, Eruption, Fire, and Natural Disaster is going to hit in the year 2014 to those that did Loan Mods!
20 hours ago ago from WeCallYourBank.com
Why the Biggest 1099 Tax Hurricane, Tsunami, Tidal Wave, Earthquake, Flood, Eruption, Fire, and Natural Disaster is going to hit in the year 2014 to those that did Loan Mods! The Year Is 2014, and an Alarming amount of homeowners have been hit with the largest 1099 Tidal Wave they've ever seen. The amount is so large they don't know how to EVER pay such a big amount back to the IRS. They know that IRS taxes just don't go away, they add ...
Related contentForeclosure Help - The Chase is On
9 hours ago ago from Real Estate and Resort News
Consumer Affairs reported this week that Chase Home Finance has seemingly been making its own rules for utilizing the federal incentives meant to prevent foreclosures . The $75 billion dollar federal program made strong guidelines for the participating mortgage companies. In return for agreeing to follow the guidelines, the mortgage companies are paid to modify loans, lowering payments to no more than 31% of income, lowering interest rates, ...
Related contentCitigroup Loan Modification - Homeowner Unemployment Assist Program
6 hours ago ago from Real Estate Articles
In these tough times it is surely no secret that there are many homeowners who are desperate to get on a Citigroup loan modification to prevent losing their homes. However, there is a way to get a $500 reduction for a lower house payment that will take the pressure off the monthly payment and let you stay in your home. This is a real option provided by the lender to borrowers who qualify for the program. The Homeowner Unemployment Assist ...
Related contentPlaying beggar-my-neighbour could prove a dangerous game | Journalist.ie
6 hours ago ago from Journalist.ie | Selecting and sharing quality content written by journalists and area specialists
From kathleen barrington: 07 February 2010 By Kathleen Barrington When Eircom shareholders and taxi drivers lost their shirts on over-priced shares and taxi-plates, voters turned their backs on Fine Gael’s proposals to bail them out ahead of the 2002 general election. Fine Gael argued that small investors in Eircom should be compensated, at an estimated cost to the taxpayer of €80 million. The party defended the plan on the ...
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William K. Barth: President Obama Should Stop Home Foreclosures
21 hours ago ago from Huffington Post
"We haven't yet found a way of dealing with this..." - Assistant Treasury Secretary Herbert M. Allison Jr. on home mortgage-loan modifications. Early in his term of office, President Obama set the standard by which voters should judge his administration, saying it would be tested by how successful it proves to be in ending the nation's economic downturn. Republican victories in New Jersey, Virginia and, more recently, Massachusetts, as ...
Related contentMortgage Mess Breeds Unlikely Allies
17 hours ago ago from Wall Street Journal
BY JAMES R. HAGERTY Bruce Marks, a community activist from Boston, has long denounced investors in mortgage securities as "predators," accusing them of exploiting poor people lured into unaffordable home loans. Lately, though, some of those investors have become allies in his battle to avert foreclosures. As the mortgage crisis drags on, some activists and investors have formed a loose coalition to prod banks into sharply cutting the ...
Related contentJames Kwak: Elizabeth Warren Calls Out Wall Street
13 hours ago ago from Huffington Post
Although the Consumer Financial Protection Agency made it through the House more or less intact, the banking lobby is taking another, better shot at killing it in the Senate, and is planning to use the magic words: "big government" and "bureaucracy." Elizabeth Warren wrote an op-ed for Tuesday's Wall Street Journal that lays out the confrontation. For most of the past two decades, many Americans trusted the banking industry-not necessarily to ...
Related contentJerry Chautin: Commercial Real Estate Loans Create Jobs
19 hours ago ago from Huffington Post
Creating or saving jobs is a requirement for commercial real estate borrowers that use the U.S. Small Business Administration's 504 program . Ninety percent of cost is typical for small-business owners who build, buy or rehabilitate an office building, warehouse, restaurant or other kind of commercial facility. Borrowers are required to occupy more than half of the building. The funding has two parts. First, a lending institution, such as ...
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