Financial Literacy and Neighborhood S.A.F.E.
The five biggest banks in America have signed a $26 billion deal that will let them off with a slap on the wrist for fraudulently foreclosing on homes in the last couple of years. This settlement will only affect a small number of short sales.
The agreement resolves certain violations of civil law based on mortgage loan servicing activities. The agreement does not prevent state and federal authorities from pursuing criminal enforcement actions related to this or other conduct by the servicers.
Banks apparently have come to the realization that it’s best for them to cut their losses through these measures rather than pursue foreclosures that can be drawn out and leave a home vacant for months afterward, incurring carrying costs (and incurring damage done to vacant properties).
The OCC and other federal regulators will continue to hold the mortgage servicers accountable for complying with all aspects of our orders.
Transparency could be one of the best anti-corruption medicines . . .
Thinking about homes, saving homes, buying homes, helping people with finances so they CAN buy homes for quite a few years? Holidays are the season of dreams and wishes-coming-true.
Registered nurses are projected to experience the largest numeric increase, 587,000 new jobs. The number of retail salespersons is projected to increase by 557,000. Employment of customer service representatives is projected to grow by 545,000 jobs.
We focus on goal-oriented outcomes designed to increase financial stability for Marin's families. The process begins with financial literacy seminars and includes credit repair with a view towards home ownership.
We take our shelter, food, water, and gas supplies for granted, especially living in peaceful and beautiful Marin County. However, what would you do if your local market had no food or water or you didn't have sufficient gas to get there in any case? Please click the image below to view basic emergency kits.
