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National Mortgage Settlement

Thoughts on the National Mortgage Settlement

In my last post, I discussed the main points of the recent national mortgage settlement between the top five mortgage-lending banks and 49 states.  I have heard some positive remarks about this along with some negative ones.  I want to explore both of these points of view. On the negative side, imagine two home buyers [...]

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National Mortgage Settlement

National Mortgage Settlement: What You Need to Know

Recently there has been some interesting (and somewhat confusing) news about mortgages and some reductions and pay-outs to some hurt by the recent housing crisis – yes, I do consider this a crisis because nearly 8 million Americans have faced foreclosure since the housing bubble burst.  I wanted to use this post to try and [...]

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