2 Articles match "Boston","Company","Properties"

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Another Approach to $700 Billion Bailout
If a property was sold and the entire amount was not repaid, the borrower would be required to pay $500 a year until the debt was fully paid off. In effect, the pay-off system would resemble the concept approved over the summer for first-time home buyers, a system which provides a $7,500 tax credit up front that must be repaid when the property is sold." It is way over due for another "Boston Tea Party"!! 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The scammers dontcreate the foreclosure rates, but they swoop in at the time thatsomeone is in distress," said Elizabeth Renuart, a staff attorney withthe National Consumer Law Center in Boston and the author of "DreamsForeclosed: The Rampant Theft of Americans Homes ThroughEquity-Stripping Foreclosure Rescue Scams." An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
    The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The scammers dontcreate the foreclosure rates, but they swoop in at the time thatsomeone is in distress," said Elizabeth Renuart, a staff attorney withthe National Consumer Law Center in Boston and the author of "DreamsForeclosed: The Rampant Theft of Americans Homes ThroughEquity-Stripping Foreclosure Rescue Scams." An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Another Approach to $700 Billion Bailout
    If a property was sold and the entire amount was not repaid, the borrower would be required to pay $500 a year until the debt was fully paid off. In effect, the pay-off system would resemble the concept approved over the summer for first-time home buyers, a system which provides a $7,500 tax credit up front that must be repaid when the property is sold." It is way over due for another "Boston Tea Party"!! 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE