Reverse Mortgage

¡??? asked: isn’t it logical to assume that if a mortgage company didn’t lend money to an unqualified borrower, there wouldn’t be a defaulter?Create a video blog

Glen B asked: With 65,000 and still counting, how many more will lose their jobs to the mortgage crisis? 2 of the 13 largest lending companies have already filed for bankruptcy. Who should be held accountable? Should it be the mortgage companies fault or should the accountability lie with the customer? Macaroni; a job is [...]

Blockhead asked: The big problem seems to be people defaulting on their mortgage loans, which leads to foreclosure and losses for the banks. What if the banks offered to take 20% of the mortgage amount and put it in a non-interest accruring loan account, base mortgage payments on the 80% balance at high interest rate, [...]

& asked: With Freddie and Fannie (75%-80% of all mortgages are held within these two G.S.E’s) basically saying they have $5 trillion in debt and Chuck Schumer (D-NY) causing a run on Indymac what is their plan to solve this crisis? I don’t want to hear political bickering or name calling, I want to know [...]

wooper asked: He had the opportunity to promote stricter policies for lender, but didn’t. Is this because: When it comes to contributions from employees of housing-related corporations, Bush is the hands-down winner. According to information compiled by the Center for Responsive Politics, Bush has raised $10.9 million from employees and political action committees of the [...]

a bush family member asked: Changing the benchmark federal funds rate won’t fix the effects of decades of risky lending and borrowing. The problem is there is a lack of funds for providing more risky loans. Investors in countries around the world got scared and decided to stop funding the risky loans to avoid further [...]

XINIO654-THE NOLDOR GAYTHEIST asked: I remember for years he saying “american home ownership rates have been rising all throughout my presidency and that’s a great thing”. Now we have this sub prime mortgage crisis where people who couldn’t get a home at first got a home and now they can’t pay their mortgages. Is bush [...]

Darth Vader asked: The FED gave $38,000,000,000.00 to the mortgage companies already this year alone. The mortgage companies had a problem, then repossessed too many US homes, so now they have all that valuable property.Content

chris h asked: Seem like raising the caps on federally insurable mortgages and having the various gov’t underwriting agencies purchase unvetted portfolios of mortgages effectively nationalizes the home mortage industry. SInce I am reading that there may be $2 trillion of bad loans out there, I suspect that means we as taxpayers will then be [...]

KJ asked: FOX News just reported it.Content – Members-Only Content for WordPress