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Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market

Support this Channel: Subscribe & Comment. Thank you all! What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole. If true…our real estate fate is seal [...]

Geithner To Meet With Obama’s Econ Team On Foreclosures – CNNMoney.com

Geithner To Meet With Obama’s Econ Team On Foreclosures – CNNMoney.com FOXNews Geithner To Meet With Obama’s Econ Team On Foreclosures CNNMoney.com - 16 hours ago The meeting comes as a growing number of federal officials are urging banks to hold off on foreclosures until the new administration announces its multi- … Video: Geithner Talks Bank Bailout Plan on Capitol Hill AssociatedPress Regulator Calls for Lenders to Stop Foreclosures Washington P [...]

Foreclosures Loom Over Future Bailout Plans

The issue of how to address the country’s burgeoning foreclosure problem remains a major concern. Various public and private programs designed to help alter mortgages to enable homeowners to stay in their homes and for lenders to keep collecting payments haven’t worked. [...]

Insurer cuts brokers loose

More bad news for mortgage brokers: National Mortgage News reports the PMI Group of San Francisco will no longer insure mortgages brought to them by “third-party originators” unless they have a warehouse line of credit. In other words, no brokers, but mortgage banks are OK [...]

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