Foreclosure prevention program about to begin (Honolulu Advertiser)
February 28, 2009
Against a backdrop of record low new-home sales and ballooning losses from foreclosures, Housing Secretary Shaun Donovan told lawmakers yesterday that the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week.
Source:Foreclosure prevention program about to begin (Honolulu Advertiser)
JP Morgan Chase Continues Foreclosure Proceedings Despite Promised Freeze
February 28, 2009
A greedy father has thieves for children - Serbian Proverb Can we trust the banks? I guess we are leaning the answer to that question - or we will soon enough. As part of the Fighting for Our Homes Campaign, we documented the story of Gaila, who is being foreclosed upon by wholly-owned JP Morgan Chase subsidiary, EMC Mortgage. Gaila said an eviction notice was posted on her property this past weekend - while the supposed ‘freeze on foreclosures’ was in effect. In Gaila’s case however - betra
Source:JP Morgan Chase Continues Foreclosure Proceedings Despite Promised Freeze
False Headlines, False Hope For Struggling Homeowners-Loan M
February 27, 2009
Chicago IL will receive over $55 million of federal funds. This must be good news for Chicago homeowners that are facing foreclosure or about to lose their homes.
Source:False Headlines, False Hope For Struggling Homeowners-Loan M
Mortgaging America to the Chicoms
February 27, 2009
Unless we are able to reinstate responsible government soon, it might be a good idea to learn Mandarin. Here we see the Chinese scooping up foreclosed homes in Southern California: If our Chinese creditors don’t find what they want on the foreclosure market, rumor has it the Feds will use imminent domain to seize private property on their behalf. According to Hal Turner: The United States of America has tendered to China a written agreement which grants to the People’s Republic of China, an
