Tag Archives: Personal Finance

Home sales dive, prices near 9-year low

I hope that home sales continue diving, home prices continue to plummet and that home owners who are upside down on their loans continue abandoning their properties. If these things happen, the crooked banks, which are backed by our crooked … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , , , | Leave a comment

Consumers still struggling with loans: source

Interesting how banks coined the phrase “loan delinquency rate,” when it is they, the banks, which are delinquent. They bombard consumers with enticing credit card and other loan offers in an attempt to get them to “bite,” and after several … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , , , , | Leave a comment

Baby boomers near 65 with retirements in jeopardy

For many the “American Dream” –  finish college and get married by the mid-20s, buy a house, have a couple of kids and pay their way through college, pay-off the house by about age 60, work a few more years … Continue reading

Posted in General Discussion | Tagged , , , , , , , , | Leave a comment

Up to 40 states plan inquiry into foreclosure data

What an absolute mess! The banking industry is the main culprit behind the economic crisis that we’re currently in, and yet they continue to screw things up even further. This, despite the fact that the federal government has committed billions … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , , , , | 2 Comments

US homes lost to foreclosure up 25 pct on year

The Obama administration’s Making Home Affordable program is worthless as far as I’m concerned. And did I mention that Chase is the absolute worst bank in the industry? This is all about big business, and big business is not about … Continue reading

Posted in General Discussion | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Borrowers exit troubled Obama mortgage program

All I can say to home owners who are considering the loan modification (making home affordable) program initiated by the Obama administration is: be very, very patient and good luck. Those of you already in the process know why I … Continue reading

Posted in General Discussion | Tagged , , , , , , | Leave a comment