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2 Sep 2011, 7:36 am by Lovechilde
Nearly one in every four homes is underwater, which means that homeowners owe more for their mortgage than the home is actually worth. [read post]
2 Sep 2011, 6:12 am by admin
Gutierrez, the Vallejo construction worker, now pays $1,800 a month in rent, compared to the $2,500 per month he was paying to cover the cost of his mortgage when he owned the house. [read post]
1 Sep 2011, 11:04 am by pgbarnes
A former neighbor in Nevada was a gentleman in his 80s who worked as a supervisor for a large American corporation for decades. [read post]
30 Aug 2011, 7:17 am by Lovechilde
We already knew that the nation's homeowners owe banks between $750 billion and $1 trillion in loans for nonexistent home value, since that's the estimated difference between what people owe on their mortgages and what their homes are currently worth. [read post]
29 Aug 2011, 2:11 pm
Daily Finance posted an article here that purports to explain "Why More than Half of Americans Don't have Wills. [read post]
28 Aug 2011, 12:57 pm
For many, they can keep most of their assets and still get the debt eliminated from their lives. [read post]
27 Aug 2011, 8:23 am by malik11397
American homeowners currently owe some $700 billion more than their homes are worth. [read post]
26 Aug 2011, 6:57 am by admin
  Brazilians have had past bouts with hyperinflation, so their mortgage sector is underdeveloped. [read post]
20 Aug 2011, 5:29 pm by LindaMBeale
  With the Dodd-Frank mini-reform, a few changes were made, but the credit rating agencies generally have gotten off, so far, without even a slap on the wrist, for the devastation wrought on ordinary Americans who have lost their jobs and their homes at least in part due to the hocus pocus paucity of real assessment behind their bought "opinions"  that had so much influence on who bought what and how it was treated for tax purposes. [read post]
19 Aug 2011, 9:12 am by McNabb Associates, P.C.
In other circumstances, the distressed properties were new homes that were constructed by new home builders, but had not been purchased yet. [read post]
17 Aug 2011, 3:47 pm by admin
After all, “her only asset was our childhood home, and my sister and I were her only children. [read post]
17 Aug 2011, 1:39 pm by admin
After all, “her only asset was our childhood home, and my sister and I were her only children. [read post]
13 Aug 2011, 1:03 pm by Jean Braucher
  Mortgage News Daily, for example, has relentlessly covered ideas for using foreclosed homes to bring down prices in the rental market, including rentals to “previous homeowners. [read post]
10 Aug 2011, 1:18 pm by Scott Sagaria
The goal is for these homeowners to avoid home foreclosure, which helps get the American economy back on track. [read post]
3 Aug 2011, 12:52 pm by Steve Bainbridge
The real estate bubble disguised the gap between those in the executive suites and ordinary Americans by encouraging Americans to buy and live beyond their means. [read post]
1 Aug 2011, 8:21 am by admin
”   Initially, the mass expulsion of millions of Americans from their owned homes led to a dramatic shrinkage of households, as roommates multiplied up and some singles and young couples moved back into the extended family. [read post]
30 Jul 2011, 7:25 am by Glenn Reynolds
UPDATE: Several readers point out that Americansmortgages are secured by tangible assets pledged as security, which is different. [read post]