31 Articles match "Avoid","Help"

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Don't Dump Investors
23, 2008.) Our Secretary of the Treasury, Henry Paulson, says “as our economy works through this difficult period, we will look for additional opportunities to try to avoid preventable foreclosures. These efforts are to help American families who both want to and can, through a loan modification or re-financing, stay in their homes.” Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity.
www.realtytrac.com - Tuesday, February 3, 2009
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The Government Goes After Loan Officers
In August 2006, Steven Krystofiak, President of the Mortgage Brokers Association for Responsible Lending , testified before the Federal Reserve and said his group compared the income figures for 100 stated-income loans against borrower tax returns. Ninety percent of the stated-income loan applications showed earnings that were exaggerated by at least 5 percent. Sixty percent of the stated amounts were exaggerated by more than 50 percent. “Stated income loans,” Krystofiak testified , “help no one. Why is it that protecting securities investors is a federal responsibility — while
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
In year one the GSEs would lose one-third of their ability to avoid state taxes. As the old expression goes, it wouldnt help. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac. Share values have dropped more 90 percent, investors have lost
www.realtytrac.com - Tuesday, February 3, 2009
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