Second Liens

The Fed's New Foreclosure Predator Bailout

Zach Carter | Posted 05.25.2011

Read More: Foreclosures, Fed, Citi, Truth in Lending, Citigroup, Foreclosure Crisis, Chase, Robo-Signing, Robo-Signers, Wells Fargo, Regulation, Federal Reserve, Tila, Second Liens, Mortgage Crisis, Bank of America, Wall Street, Bofa, Rescission, Banks, Jpmorgan, Foreclosure Fraud, Business News
Zach Carter

As if the last decade of abuse wasn't bad enough, banks are again mobilizing to screw borrowers in the pursuit of bonuses. And once again, it appears the Fed has become an accomplice to this nationwide mortgage scam.

Read Post

Shahien Nasiripour

Obama Plan To Modify Second Mortgages Has Yet To Help One Homeowner

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Junior Liens, Treasury Department, Main Street and Wall Street, Loan Mods, Wall Street Bailout, Making Home Affordable, Bailout, Business, Second Liens, Home Affordable Modification Program, Foreclosures, Timothy Geithner, Loan Modifications, Financial Crisis, Business News

Nearly a year after the Obama administration announced a plan to help up to 1.5 million struggling homeowners modify their second mortgages, not a sin...

Read Whole Story

Shahien Nasiripour

Obama Announces 'Modest' Foreclosure-Prevention Initiative

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Treasury Department, Foreclosure Crisis, Mortgage Modifications, Middle Class, Mortgage Crisis, Obama Administration, Homeowners, Housing Crisis, Underwater Mortgages, Second-Liens, Mortgages, Loan Modifications, Homeownership, Financial Crisis, Business News

In what senior administration officials repeatedly stressed as a "modest" effort, President Barack Obama announced a $1.5 billion initiative to help f...

Read Whole Story

Shahien Nasiripour

Nine Months Later, Obama Plan To Help 1.5 Million Struggling Homeowners Yet To Launch

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Wall Street Bailout, Making Home Affordable, Main Street and Wall Street, Loan Mods, Second Liens, Loan Modifications, Bailout, Home Affordable Modification Program, Treasury Department, Financial Crisis, Timothy Geithner, Junior Liens, Business News

An Obama administration plan announced in April to help up to half of all struggling homeowners modify their second mortgages has yet to officially la...

Read Whole Story