Archive for the ‘In the News’ Category

No Lawyer. No Law.

Posted by admin on September 4th, 2010 under Families Fighting Foreclosure, In the News  •  No Comments

During the past two years, we learned, with a vengeance: No lawyer, no law.

Prediction: Foreclosures to top 25 million!

Posted by admin on August 31st, 2010 under Families Fighting Foreclosure, In the News Tags: ,  •  No Comments

forecasters predict that within the next two years the number of home mortgage foreclosures will reach an overwhelming figure of twenty five million. The number of foreclosures since this housing crisis started in 2007 to present is just over eight million.

Lending Scam Leader Sentenced

Posted by admin on August 30th, 2010 under In the News  •  No Comments

Leader of Lending Scam Sentenced to Eight Years in Prison.
Mike Cruz, Staff Writer
June 29, 2010
SAN BERNARDINO – The ringleader of a predatory lending scheme that defrauded several San Bernardino County residents and generated $2.5 million in losses has taken a plea bargain worth eight years in state prison.
Eric Michael Pony, the former president of [...]

Woman Wall Street Hates . . .

Posted by admin on August 26th, 2010 under Financial Literacy, In the News  •  No Comments

Woman Wall Street Hates Most Is Right for the Job. A plain-spoken Oklahoman, a 61-year-old grandmother named Elizabeth Warren, is chasing some Washington special-interest folks up hill and down dale simply by standing up for consumers and politely saying out loud what ordinary Americans are thinking.

Warren Buffet: This is War!

Posted by admin on August 19th, 2010 under Families Fighting Foreclosure, In the News Tags: , , , , ,  •  No Comments

Sun Tzu on the Art of War, an ancient Chinese treatise on military strategy, is now required reading at military, business, and law schools in the United States and around the world. Possibly no book in history better describes how to win conflicts in any profession. Those who practice conflict resolution frequently use Sun Tzu’s philosophies as the cornerstone of their ways.

Modification Fraud!

Posted by admin on August 14th, 2010 under Families Fighting Foreclosure, In the News Tags:  •  No Comments

A number of homeowners struggling through the mortgage modification process have said they were blindsided with unexpected foreclosure actions before they process could be completed.

More federal $$$?

Posted by admin on August 14th, 2010 under Families Fighting Foreclosure, Financial Literacy, In the News  •  No Comments

Can you afford a home?

Elder Abuse in America

Posted by admin on August 12th, 2010 under Families Fighting Foreclosure, Financial Literacy, In the News Tags: , , , , , ,  •  No Comments

Elder Abuse: Subjecting an individual to fear, isolation or serious emotional distress. Foreclosure: Subjecting an individual to fear, isolation or serious emotional distress. By law, banks have to report elder abuse.

Illegal Money Habits

Posted by admin on August 4th, 2010 under Financial Literacy, In the News Tags: , ,  •  No Comments

Forgery. Loan fraud. Counterfeiting. These and other financial crimes might seem like a far cry from most people’s everyday lives. But it’s surprisingly easy to adopt a dicey financial habit under the guise of “everyone does it,” “I was just trying to help” or “it seemed like a good idea at the time” only to discover later that what you’ve done is in fact, illegal. The odds of getting caught may seem slim, but the consequences and penalties can be harsh. Here are six money habits you should quit now.

From The White House

Posted by admin on July 24th, 2010 under In the News Tags:  •  No Comments

Until Now, There Have Been Seven Different Regulators With Authority Over The Consumer Financial Services Marketplace. Accountability has been lacking because responsibility is diffuse and fragmented. In addition, many mortgage lenders and mortgage brokers were almost completely unregulated. All that will change.