3 Articles match "Bailout","Foreclose","Washington"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. Understandably, they don’t want to take their losses and perhaps are waiting for additional bailout from the government With the upcoming severe economic downturn, why would anyone buy now at these high prices?
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Another Approach to $700 Billion Bailout
Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan. Below are excerpts from an article he wrote about these alternatives. "One alternative is to simply offer low-interest loans to borrowers who currently have toxic mortgages. "Figures developed by Rick Sharga, senior vice president at RealtyTrac, show that the likely cost of low interest loans would be roughly $220 billion — hardly cheap, but a lot less expensive than the $700 billion plan now being discussed in Washington. "Sharga's
www.foreclosurepulse.com - Tuesday, December 16, 2008
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As Foreclosures Mount, Candidates React to the Credit Crisis
The Republicans, on the other hand, are opposed to a government bailout for lenders, homeowners and speculators. John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers) to help millions of Americans homeowners who are at risk of defaulting on their loans and losing their homes. They are the ones that are causing this to go under, With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Another Approach to $700 Billion Bailout
    Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan. Below are excerpts from an article he wrote about these alternatives. "One alternative is to simply offer low-interest loans to borrowers who currently have toxic mortgages. "Figures developed by Rick Sharga, senior vice president at RealtyTrac, show that the likely cost of low interest loans would be roughly $220 billion — hardly cheap, but a lot less expensive than the $700 billion plan now being discussed in Washington. "Sharga's
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Foreclosures Mount, Candidates React to the Credit Crisis
    The Republicans, on the other hand, are opposed to a government bailout for lenders, homeowners and speculators. John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers) to help millions of Americans homeowners who are at risk of defaulting on their loans and losing their homes. They are the ones that are causing this to go under, With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. Understandably, they don’t want to take their losses and perhaps are waiting for additional bailout from the government With the upcoming severe economic downturn, why would anyone buy now at these high prices?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE