Recent content by MattF

Extend and pretend. There's still some 7-800 "problem" institutions out there. Until they can raise enough and get rid of the junk on their books, they'll stay this way or get shut down.

Can't help but wonder if the incompetence and fraud perpetrated is starting to catch up a bit... Ally's GMAC Mortgage Halts Home Foreclosures in 23 States Ally Financial Inc.’s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida...

sure. Enough to tick the unemployment down .1% :D

incremental = inching along $500B worth of loans are due next year. See how much either gets reworked or defaulted on....

should have been called Lameco.

that's where things get rough...however, MOST (always exceptions) cases are the same: people were behind in payments and were going to get foreclosed on anyway. By the time the actual noteholders realize it, it's far too late. Everyone is scamming everyone.

You can also do VA's for $2-3/hour out of the Philippines...where their minimum is $.77/hour usually.

2 years for that. Meanwhile, hundreds of other sites & organizations remain. Such a losing battle...

they'll forgo that part :D

@ this rate, they'll be below 4% by next year.

That's a lot of Whoppers... Shares of Burger King Holdings (BKC) surged for the second day as the burger-and-fries chain agreed to be taken private by 3G Capital for $4 billion, with the assumption of the company's debt. Burger King shares were soaring 24% to $23.43 in midday trading on...

Check your state/area. Some do tax liens where they sell off what's owed at the (late) time to an investor for whatever's bid on. The investor can collect from you (amount + interest of whatever it is "set" at) for a period of time. If nothing is paid, they then have the right to foreclose...

lost me there....though it sounds pretty cool :D