crisis
Where To Turn In The Financial Crisis
Mortgage advice is something that many people will be seeking in this time of economic uncertainty. Having seen five interest rate increases in the last year most repayments have seen an average 135 pounds per month increase. This is not something your average worker can afford.
Unless, that is, you are a company director or chief [...]
The National Foreclosure Crisis
It is no secret that we are facing a national foreclosure crisis in the United States. Many homeowners are struggling to make their mortgage payments and are worried how they are going to make it through the holiday season. As a result numerous states are considering a temporary moratorium on all foreclosures through January [...]
National Bank: How to Fix the Housing Crisis for Less than 700 Billion
Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a huge amount of money to the national debt. Not only that, some have hinted [...]
Loan Modification: The Silver Lining to the Economic Crisis
I have to admit that even I’ll concede that there aren’t many things that are good about the financial crisis that were in right now. However, and this is a big however, what I see as the silver lining to all of this nonsense is that it’s taken the bank’s ego down a peg.
Remember 12 [...]
Credit Crisis Accelerates Job Losses, Consumers Need Help
The US Labor Department Jobs Report came our for December showing a sobering loss of yet another 524,000 jobs, which totals 1.9 Million in the year’s final four months since the credit crisis began in September. 2008 will truly be remembered for a number of things, but as it relates to jobs, the news is [...]
How Does Mortgage Fraud Affects The Subprime Mortgage Crisis?
In the actual Subprime mortgage crisis in the US huge amounts of mortgage frauds were discovered. What’s the part that these frauds played in the actual mortgage crisis ? Thanks.