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Archive for October, 2011

VA Waives Funding Fee Gap for Mortgage Borrowers, Lenders
By October 5, 2011 3 Comments Read More →

VA Waives Funding Fee Gap for Mortgage Borrowers, Lenders

Some last-minute confusion regarding legislative changes to VA loan fees has left some lenders and prospective homeowners scrambling for clarity with home closings on the line. But the Department of Veterans Affairs sought to calm fears over the weekend, pledging to cover additional costs while waiting for President Obama to act on a bill that […]

Posted in: News
American Chopper — Family Values, Family Conflict

American Chopper — Family Values, Family Conflict

In the usual scheme of things a foreclosure is a pretty big deal, but on the American Chopper TV series it’s not much more than a distraction. Instead of mortgages, the bigger issue is family dynamics — in this case a father and sons with a lot of visible and verbal collisions, inter-personal disputes which […]

Posted in: News
America’s Big Banks, America’s Financial Vietnam

America’s Big Banks, America’s Financial Vietnam

Three years ago the most-powerful instutitions in America were the nation’s largest banks and brokerages, Wall Street for short. While millions of people were losing their homes, their jobs and their savings, the nation’s elite extracted a $700 billion line-of-credit from Uncle Sam. Now Wall Street is our financial Vietnam. It’s broken. The old cures […]

Posted in: News