LAS VEGAS – President Barack Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation. Click to enlarge President Barack Obama salutes during his arrival at McCarran International Airport in Las Vegas, Thursday, Feb. 18, 2010. (AP Photo/Pablo Martinez Monsivais) [...]
I emailed Senator Dianne Feinstein to see what they were doing to help out the home owners in America. As you know nothing has worked, but the saving of the large banks. When I received a generic email response from Senator Dianne Feinstein it pissed me off to no end. First off there have only [...]
WASHINGTON — President Barack Obama lashed out at Wall Street, calling bankers “fat cats” who don’t get it, in an escalation of tensions with the industry. Mr. Obama, speaking on the eve of Monday’s meeting with the heads of major banks at the White House, said he would try to persuade bankers to free up [...]
BY CHRIS RIZO James Hardesty CARSON CITY, Nev. (Legal Newsline)- The Nevada Supreme Court chief justice on Friday swore in 75 more mediators to the Nevada Foreclosure Mediation Program. The new group of mediators brings the statewide total to 170. The aim of mediators is to help lenders and struggling homebuyers reach settlements to keep [...]
By PETER S. GOODMAN Published: November 28, 2009 On the day in June when her mortgage company finally agreed to lower her monthly payments, Yolanda Thomas felt a twinge of hope that she would hold on to her Queens apartment, the first home she had ever owned. The loan modification extended by Chase Home Finance [...]
Take you hands away from your eyes Mr. Dimon. Mortgage industry executives say homeowners simply are not complying with the program’s requirements, despite their best efforts to reach out. Homeowners “will not file the documents,” Jamie Dimon, JPMorgan Chase & Co.’s CEO, said this week. “We need the documents. We are trying to simplify it.” [...]
At a Congressional hearing on the foreclosure crisis, a Cuyahoga County official said the situation is “worse than it’s ever been – far worse.” Paul Bellamy, who oversees the Foreclosure Prevention Program for County Treasurer Jim Rokakis, says the problem is quiet because the banking industry has changed the rules. “The industry is not processing [...]
By Renae Merle Washington Post Staff Writer Friday, December 4, 2009 7:25 PM About 25 percent of borrowers helped under the administration’s massive foreclosure prevention plan have already fallen behind on their new mortgage payments, according to government data that raise new questions about the program’s effectiveness. The delinquency figures reflect the latest troubles of [...]
By John Gittelsohn and Margaret Collins BLOOMBERG NEWS Sunday, December 06, 2009 NEW YORK — Drew Schlosser tried for two years to sell his three-bedroom waterfront condominium in Punta Gorda, Fla., for less than he owed on its two mortgages. The deal went through last month when Wells Fargo & Co. agreed to take a [...]
I have a case with the OCC and the BBB. Everybody in the Executive branch of Chase knows that I have all the paperwork. I have been doing this for two years. I wonder why people are not getting modifications. This is my last try then courts away. Related Reading: reddit_url = http://chasehomefinancesucks.com/2009/12/04/this-would-be-funny-two-years-ago-this-is-why-chase-sucks/;reddit_title = This+would+be+funny+two+years+ago.+This+is+why+Chase+Sucks;reddit_newwindow=’1′;yahooBuzzArticleHeadline=This+would+be+funny+two+years+ago.+This+is+why+Chase+Sucks;yahooBuzzArticleId=http://chasehomefinancesucks.com/2009/12/04/this-would-be-funny-two-years-ago-this-is-why-chase-sucks/;Share
