Do Home Prices Stabilize in the U.S. Cities?
Well, “home stabilize in 60% of American cities,” the Associated Press from Los Angeles reported recently, “but foreclosures or distressed properties constitute 1 in 3 sales.” It is still a sad picture even the government assigned billions of dollars to stabilize the housing market.
The National Association of Realtors said that median sales price for [...]
Chase Bank Plays Masterful Tricks as Usual That Lead Its Customers Nowhere
If Chase bank had enough power to be above the law (this is what this institution tries to do), it’ll take hostile takeover of all properties from the homeowners struggling to pay their mortgages [...]
American Banks Need Healthy Reforms
As former governer of New York Eliot Spitzer said in an interview with Harry Smith about bonuses paid, and the reasons behind the outrage about the banks as they prepared for record payouts to their executives. Such a paradox! Banks reward themselves for their failures?! And they are right because they did not fail [...]
Experts Expect Worse Times Ahead
How long worse time ahead we should expect? Market Watch gives this answer in the latest interesting article, “Seven Worries for Wall Street and What’s Next in 2010?” In this state of economy and endless political games, it looks like we’ll still have worse times ahead.
Remember how last year stocks rose and rose out of [...]
JP Morgan Chase Goes Into Commodities Business
Last year JP Morgan Chase bank bought other banks for pennies on a dollar. This year intoxicated by his success JPM jumped into commodities and decided to acquire assets from RBS Sempra for $1.7 billion. Probably JPM executives decided that Home Mortgage business and help to struggling homeowners is less lucrative now and simply boring… [...]
How You Can Control Your ‘Financial’ Destiny?
Today is a very warm and sunny day. You cannot say that about ’sunny’ results in improvement of our economy and real estate market. Financial crisis, housing crisis, recession, unemployment rate, people are in debts…
It’s worth to watch this video and listen to a “Money Expert” Suze Orman advices about what can be done to [...]
What One Trillion Dollars Looks Like?
It’s official, trillion is the new billion. No longer is government spending talked about in term of a mere ten digits… Watch the pile of money grow.
Source: http://www.youtube.com; http://www.mint.com
Mortgage Servicers’ Worst Kept Secret
This video will tell you about the secret mortgage servicers don’t want you to know about. What is this secret? they can make more money off of homeowners when they keep your loan in default. A former employee of loan servicer EMC (by the way, part of JP Morgan Chase behemoth) tells the inside story.
“Chase [...]
Inside the Financial Fiasco: Mortgage Fraud, Part 2
What is next? Watch and read our new posts about the latest news in real estate.
Source: www.youtube.com
Inside the Financial Fiasco: Mortgage Fraud, Part 1
We would appreciate your comments and your stories about your today’s dealing with the banks. Are they willing to help you?
Source: www.youtube.com
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