How Tomorrow Moves| More...
 

Mortgage Relief

Last Words From the Vanishing Middle Class

Francine Hardaway | Posted 10.13.2009 | Politics

Read More: Capitalism: A Love Story, Michael Moore, Mortgage Relief, Phoenix, Aurora Loan Services, Loan, Small Business, Mortgage, Economic Crisis, Economic Hardship, Middle Class, Financial Crisis, Declining Middle Class, Mortgage Crisis, Politics News
Francine Hardaway

I personify the vanishing middle class. When I started my business in 1980, I had a pretty good life. Twenty-five years later, my standard of living has totally deteriorated.

Read Post

Bank of America Trailing Behind Other Banks In Mortgage Relief

Washington Post | Renae Merle | Posted 10.12.2009 | Business

Read More: Geithner, Baillout, Mha, Bank of America, Homeowners, Foreclosure Prevention, Making Home Affordable, Mortgage Crisis, Foreclosure Rates, Loan Modifications, Mortgage, Countrywide, Lenders, Finance, Default, Making Home Affordable Program, Mortgage Relief, Treasury, Banks, Foreclosure, Timothy Geithner, Housing Crisis, Business News

Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center...

Read Whole Story

Hallelujah, Salvation Is At Hand! Or Is It?

Dan Dorfman | Posted 09.11.2009 | Business

Read More: Job Losses, Obama Wall Street, Wall Street Crash, Unemployment Rate, Mortgage Crisis, Obama Financial Crisis, Unemployment Numbers, Global Recession, Dow Industrial, Wall Street Crisis, Mortgage Relief, Unemployment, Obama Job Loss, Wall Street, Economic Recession, Recession Fears, Global Financial Crisis, Economic Stimulus, Economic Recovery, Business News
Dan Dorfman

Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.

Read Post

Ryan Grim

In Their Own Words: Why Dem Senators Screwed Homeowners

HuffingtonPost.com | Ryan Grim | Posted 06.01.2009 | Politics

Read More: Mortgages, Dick Durbin, Bankruptcy, Mortgage Relief, Cramdown, Politics News

Only 45 Senate Democrats voted Thursday to oppose the banking industry and pass legislation aimed at stemming foreclosures. The bill would have allowe...

Read Whole Story

Democrats Reach Deal On Mortgage Relief Bill

AP | JULIE HIRSCHFELD DAVIS and JIM KUHNHENN | Posted 04.03.2009 | Politics

Read More: Foreclosures, Gop, Mortgage Relief Bill, Mortgages, Mortgage Relief, Democrats, Politics News

WASHINGTON — House Democrats, under pressure from a group of moderates in their ranks and the banking lobby, agreed Tuesday to narrow legislatio...

Read Whole Story

Ryan Grim

Liberal Groups Pressure Congress On Foreclosure Bill (VIDEO)

HuffingtonPost.com | Ryan Grim | Posted 04.01.2009 | Politics

Read More: Video, Foreclosure Relief Plan, Moveon, Mortgage Relief, Brave New Films, Foreclosure Relief Campaign Video, Economy, MoveOn.Org, Congres, Liberal Interest Groups, Housing Crisis, John Conyers, Politics News

Liberal advocacy groups, including MoveOn.org and Brave New Foundation, are upping pressure on Congress over the next few days to act on a foreclosure...

Read Whole Story

Dem spat delays mortgage relief bill in House

AP | JULIE HIRSCHFELD DAVIS | Posted 03.29.2009 | Politics

Read More: Mortgage Relief, Mortgage Relief Bill, Mortgage Relief Bill Vote, Mortgage Relief Bill Vote Congress, Politics News

WASHINGTON — A dispute among House Democrats stalled legislation Thursday to let bankruptcy judges reduce the principal and interest rate on mor...

Read Whole Story

Jason Linkins

Rick Santelli Gets Schooled By Press, White House

HuffingtonPost.com | Jason Linkins | Posted 03.23.2009 | Politics

Read More: Mortgage Crisis, Rick Santelli, Mortgage Relief, Santelli, Rick Santelli Rant, Cnbc Santelli, Cnbc Reporter, Politics News

MSNBC's First Read offers this brief item, following up on CNBC's Rick Santelli's awesome plan to lead the gentry on a pitchfork-'n'-torch battle with...

Read Whole Story

Loosen Mortgage Lending Standards

Mike Garibaldi-Frick | Posted 03.03.2009 | Business

Read More: Job Losses, Depression, Small Business, Bail Out, Housing, Economic Crisis, Economy, Jobs, Obama, Recession, Home, Home Foreclosures, Mortgages, Mortgage Relief, Subprime Mortgages, Wall Street, Subprime Mortgage Crisis, Banking, Mortgage Rates, Banks, Housing Crisis, Refinance, Business News
Mike Garibaldi-Frick

We can continue bailing out the banks and Wall Street or, we can take a more reasonable approach by helping out the middle class in a real tangible way.

Read Post

Bin Laden's New Weapon of Mass Destruction

Robert L. Borosage | Posted 01.23.2009 | Politics

Read More: Bin Laden, Banking Crisis, Afghanistan, Mortgage Relief, Recession, Subprime Mortgages, War on Terror, Terrorism, Financial Crisis, Mortgage Crisis, Weapons of Mass Destruction, Politics News
Robert L. Borosage

Afghanistan is the central front in the war on terror. But perhaps we'd be wiser to leave bin Laden in his cave, abandon the wrong-headed misnomer of a "war on terror," and give up attempting to build a new democracy on the other side of the world.

Read Post

The Bair Necessities

Mark Winston Griffith | Posted 12.19.2008 | Business

Read More: Mortgage Relief, Bailout, Subprime Mortgage Response, Subprime Mortgage Crisis, Economy, Business News
Mark Winston Griffith

As reports emerge that FDIC chair Sheila Bair is being considered for Treasury Secretary, I am transported to a point in time over a year ago, when Ba...

Read Post

"Is Kashkari A Chump?" (VIDEO)

CNBC, AP | Posted 12.15.2008 | Business

Read More: Foreclosures, Video, Economy, Mortgage Crisis, Kashkari Congress, Neel Kashkari, Mortgage Relief, Finance, Is Kashkari a Chump, Banks, Treasury, Financial Crisis, Housing Crisis, Personal Finance, Kashkari Chump, Kashkari Video, Kashkari Chump Video, Neel Kashkari Chump, Kashkari, Chump, Kashkari a Chump, Business News

Assistant Secretary of Treasury Neel Kashkari, the man in charge of the bailout, went to Washington, DC, today to testify in Congress. They didn't exa...

Read Whole Story

FDIC Says Its New Plan Could Save 1.5M Homes

AP | ALAN ZIBEL | Posted 12.15.2008 | Business

Read More: Foreclosures, Fdic, Mortgages, Mortgage Relief, Finance, Economy, Financial Crisis, Banks, Personal Finance, Housing Crisis, Real Estate, Mortgage Crisis, Business News

WASHINGTON — Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 bi...

Read Whole Story

Foreclosure Rates Up 25 Percent From A Year Ago

AP | ADRIAN SAINZ | Posted 12.14.2008 | Business

Read More: Foreclosures, Mortgages, Mortgage Relief, Real Estate, Economy, Mortgage Crisis, Business News

MIAMI — The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data rele...

Read Whole Story

Mortgage Relief Q&A: Who? How?

Huffington Post | Dave Burdick | Posted 12.13.2008 | Business

Read More: Mortgages, Mortgage Relief Bill, Mortgage Relief, Financial Crisis, Streamlined Modification Program, Mortgage Crisis, Business News

Treasury Secretary Henry Paulson has made many speeches with one refrain: that the critical element to saving the economy is that the housing crisis m...

Read Whole Story

How To Get Relief For Your Mortgage

New York Times | RON LIEBER | Posted 12.13.2008 | Business

Read More: Homeowner Aid, Financial Crisis, Mortgages, Mortgage Relief, Streamlined Modification Program, Mortgage Crisis, Business News

There are several prerequisites to consider if you're a borrower who is paying on time and wants some kind of a break. The home in question must be yo...

Read Whole Story

JP Morgan Launches Massive Effort To Save Mortgages

Wall Street Journal | ROBIN SIDEL | Posted 12.02.2008 | Business

Read More: Mortgages, Mortgage Rescue, Chase, JP Morgan, Mortgage Relief, Mortgage Crisis, Business News

J.P. Morgan Chase & Co. launched an ambitious plan Friday to modify the terms of $70 billion in mortgages for borrowers who are behind on their paymen...

Read Whole Story

Countrywide Mortgages To Be Modified To Provide Relief

AP | CHRISTOPHER WILLS | Posted 11.06.2008 | Business

Read More: Bank of America, Countrywide, Countrywide Financial Countrywide Mortgages, Banks, Mortgages, Economy, Finance, Personal Finance, Bank of America Mortgages, Mortgage Crisis, Mortgage Relief, Business News

SPRINGFIELD, Ill. — Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify ...

Read Whole Story

Paulson: Mortgage Aid For Troubled Borrowers Would Do Harm

Reuters | Karen Pierog | Posted 03.28.2008 | Business

Read More: Henry Paulson, Mortgage Relief, Paulson Mortgage Relief, Treasury Secretary, Business News

Plans for sweeping federal programs that would aid troubled mortgage borrowers would bring unfair relief to speculators and reward investors who made ...

Read Whole Story