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retirees : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "retirees"

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Why Bernanke Is Wrong On Mortgage-Backed Securities

Oh no, Federal Reserve Chairman Ben Bernanke wants more taxpayer dollars to bailout the upper-class. He doesn’t actually say that, of course, but what else would be the result if the government — us — starts to buy mortgage-backed securities from poor, down-trodden investors who hold billions of dollars in mortgage-backed securities? In basic terms [...]

3Nov2011 | | 0 comments | Continued
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Mortgage News: Investors Have Rights Too

What rights do mortgage investors have when loan servicers want to change loan terms? That is the essential issue in this case which pits Greenwich Financial Services Distressed Mortgage Fund 3, LLC against Countrywide Financial Corporation, now a part of Bank of America. Does the safe harbor provision created by Congress last March for mortgage [...]

20Aug2009 | | 0 comments | Continued