Tag Archive

Obama: Mortgage Deal Turns Page On Reckless Era

Published on February 9, 2012 By admin

The following video is brought to you by the Associated Press.

Homeowner assistance program is expanded

Published on February 1, 2012 By admin

The following article is brought to you by UTSanDiego.Com The Obama administration, seeking to help more homeowners lower their interest rates and shed mortgage debt, will relax the rules on a federal loan-modification program and triple its incentives to banks. The revised Home Affordable Modification Program, or HAMP, also would pay Fannie Mae and Freddie […]

Big banks must show break-up plans under new rule

Published on January 22, 2012 By admin

The following is brought to you by FoxNews.Com WASHINGTON – The largest banks must show how they would break up their assets if they were in danger of failing, under a rule approved Tuesday. The Federal Deposit Insurance Corp. voted to require banks with $50 billion or more in assets to submit so-called living wills. […]

Does Obama Suck As Bad As Chase?

Published on November 23, 2011 By admin

The following article is brought to you by a friend at ChaseHomeFinanceSucks.Com. Goldman Sachs was President Obama’s number-one private campaign contributor. Hank Paulson, U.S. Treasury Secretary (2006-2009) was CEO of Goldman Sachs and was worth $700 million when George W. Bush appointed him to his Cabinet. Paulson then put Edward M. Liddy, a Goldman Sachs […]

BofA, JPMorgan Fail to Make Fannie Mae Grade for Loan Servicing

Published on September 17, 2011 By admin

The following article is brought to you by BusinessWeek.Com. Bank of America Corp., the largest U.S. mortgage servicer, failed to make a list of companies doing a satisfactory job of assisting homeowners struggling to pay their mortgage, according to Fannie Mae. Of the 11 biggest servicers of Fannie Mae mortgages, Wells Fargo & Co., Citigroup […]