2 Articles match "Boston","Foreclose","Laws"

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Another Approach to $700 Billion Bailout
It is way over due for another "Boston Tea Party"!! How about changing the schedule to allow a quicker principle payoff, that way everyone can benefit not just those in trouble? I agree with Gary , it is time to put the law benders back in school and teach them some logic and morals they too are sucking the wealth out of our society. This would allow the majority foreclosing home owners (the ones in subprime loans)to now afford there house. Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
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." That transaction should include…A) Cash wiring instructions to the foreclosing bank (often by Western Union) B) A three-day right of recession, and a share purchase agreement, C) verifiable information of the person purchasing the property, including personal and financial
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
    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." That transaction should include…A) Cash wiring instructions to the foreclosing bank (often by Western Union) B) A three-day right of recession, and a share purchase agreement, C) verifiable information of the person purchasing the property, including personal and financial
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Another Approach to $700 Billion Bailout
    It is way over due for another "Boston Tea Party"!! How about changing the schedule to allow a quicker principle payoff, that way everyone can benefit not just those in trouble? I agree with Gary , it is time to put the law benders back in school and teach them some logic and morals they too are sucking the wealth out of our society. This would allow the majority foreclosing home owners (the ones in subprime loans)to now afford there house. Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE