After two years at the top of the heap, Florida no longer holds the distinction as the nation's top fraud spot. Rhode Island made its first appearance to lead the list, which covers 2008. ...more

March 17, 2009

rhode island tops mortgage fraud lsit ...more

March 16, 2009

Geoff Karlavage's plane had just touched down in Las Vegas in August 2007 when he learned that the mortgage lender he worked for was shutting down. ...more

March 1, 2009

I started to write this over a month ago, but I observed something rather remarkable-foreboding. The Republicans-conservatives were rather blase in completely dismissing the eight-year record of doubling the $5 trillion national debt, while blasting President Obama and the Democrats on the nearly $800 billion stimulus bill. In addition they ignored the nearly $3 trillion bailout of the banks and Wall Street with hardly a whimper between September '08 and January, '09. ...more

February 27, 2009

President Barack Obama is expected to roll out a plan today meant to keep struggling families from losing their homes. ...more

February 18, 2009

More Debt A Mistake It is government intervention in the mortgage industry that got us in this mess. How can they expect us to trust them to get us out by slamming more long-term debt? They just need to cut taxes. ...more

February 11, 2009

Putting Lenders At Risk A proposal to allow bankruptcy judges to change the terms of loans if the borrower has asked the lender to modify the loan before filing for bankruptcy raises questions. Let's say the lender offers to give a six-month payment moratorium, and then a lower payment, in exchange for raising the rate, and the borrower turns it down. According to your article, the borrower could ask the bankruptcy judge to modify the loan - including lowering the loan amount. ...more

January 19, 2009

Mortgage interest rates are at a 58-year low, and according to Fifth Third Bank, homeowners are applying for new loans at near-record levels. ...more

December 22, 2008

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes - making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages. ...more

November 11, 2008

Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from mortgage foreclosure. ...more

October 7, 2008