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Government Foreclosure Bailout - A Good Idea with the Foreclosures Crisis (And Worse to Come)?
Is a government foreclosure bailout a good idea? If this were almost anything else in a capitalist system but the "American Dream" (i.e. homeownership) we're talking about with a government bailout by protecting or legislating, for me the answer would be a simple and short: NO. But for me it's not ...
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Who Can Expect a Federal Government Mortgage Bailout? And Who Will Pay For It?
There is a lot of talk among blogs, news media, and even just people in general of a bailout coming from the federal government to help homeowners in foreclosure. The problem with this kind of talk is that many of the debaters seem to believe that they will be given a choice or any kind of input ...
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Under The Radar Bailout Of The Banks Paid For By Foreclosure Victims
Although there have been numerous proposals put forward by Congress in order to fix the housing crisis, most of them have so far proven ineffective or are blatant bailouts to corporations. The politicians have been churning out one propaganda piece after another under the label of "foreclosure help ...
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$200 Billion Federal Reserve Mortgage Bailout for Banks, $0 for Homeowners in Foreclosure
After the $200 billion bailout offered to the banking system this week, it is becoming more clear by the day that the banks are completely insolvent. The Federal Reserve is making a futile attempt to stave off collapse by stealing even more money from the public through inflation and trading new ...
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Is It Worth The Time To Apply For A Foreclosure Bailout Loan?
Refinancing to a lower interest rate seems to be the first option that homeowners rely upon to save their homes from foreclosure. Far too often, it is also the only option they seriously consider, and when they are turned down through one broker, they go on to the next and the next and the next, ...
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Understanding Subprime Lending And Its Implications To The Current Graduate Student
IN THE BEGINNING In a manner similar to the numerous economic crises before it, the subprime lending bust actually began decades before anyone knew it. The Community Reinvestment Act of 1977 pushed banks to extend more credit in communities where they operated. This drew many lenders to ...
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Does the Mortgage Bailout Save the Real Estate Market?
The latest news from the real estate market is the subprime mortgage bailout agreed to by the lenders and the federal government. The question, of course, is whether is effectively saves the real estate market or simply delays the inevitable? As you may know by now, the mortgage industry really ...
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FHA Bailout Program Voted On Today By Senate Banking Committee
Democrats are hoping that todays vote will lead to a bi-partisan agreement by the republicans, so this plan can be implemented right away. Many people are concerned about the tax payers funding of this plan, and how it is unfair for honest taxpayers to pay for speculators of loans, and people who ...
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Real Estate Prices May Get Boost from Government Intervention
Before this week's latest interest rate cut and rumors of a further government mortgage bailout, housing and real estate prices had been projected to continue falling for the next year or more. It will probably be a few more weeks before mortgage interest rates are affected (if they are affected at ...
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FHA Chapter 13 Buyout, Chapter 13 Bailout
FHA has been around for a while now, it's just starting to get attention thanks to the media and a political election around the corner. The economic times are shifting towards a recession. This downward spiral is being fueled by a lagging housing sector. The lagging housing sector is thanks to ...
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