November 2010
17 posts
Tax dollars siphoned as credits go unchecked →
This is a great article which goes into many of the different fraudulent issues that are occurring in Maricopa County especially concerning real estate investors.
WatchFor all of you who wish Christmas would just go away.
Amazon.com : Watch an Author Video
Fannie, Freddie Recommend Foreclosed-Property... →
And the never ending game of musical chairs begins once again.
An Arizonan's Nightmare Journey Through Citi's... →
Why on earth someone would spend over 146 hours trying to deal with a financial conglomeration such as Citi is beyond me.
Tempe family in home since 1800s being evicted →
This is a great story if you are interested in land rights and property tittle issues. If you have ever wandered around historic Tempe you have most likely noticed the historic area next to the Tempe train Depot. The depot itself has been semi preserved over the years and now has a tacky Mexican restaurant inside of it (Macayo’s Depot Cantina Restaurant) but at least it is better than the...
6 tags
Once-contaminated land is serving as the... →
Interesting history behind Brown field aka Super Fund development in the United States. It also includes a section on the History of Tempe Marketplace and how Vestar acquired it.
Java landmark shuttered →
While this article is from last year it does give several direction points towards the future. DMB associates was the facilitator of problems on Mill. They largely catered to chain stores which was a reason so much of Mill early in this decade was no longer unique.
4 tags
Lending for Some Restaurant Operators Still... →
Another article highlighting how the big four banks are keeping funding from the people who need it most.
For Sale - Two for One House Deal - CNBC →
I link to this simply to show the continued poor housing choices some people make. No comment.
Mortgage Lenders Meet Resistance in Courts -... →
Imagine that you had to go to court. Perhaps you are fighting a parking ticket or filing some sort of dispute. Now imagine that you submitted paperwork with forged or false signatures. Would you consider that morally wrong, or perhaps even illegal? Now if the court found out that you lied. This is in essence what has happened to the banks and the mortgage servicing companies. They lied directly to...
4 tags
Yahoo! Personal Finance: Calculators,Money... →
A scary prediction for the future of the world. Or perhaps just a warning. Just ask yourself one question, what happens if China refuses to buy more bonds? We collapse.
The pros and cons of a foreclosure moratorium |... →
Foreclosure Fraud For Dummies, 1: The Chains and... →
This blog post has a fantastic overview of the foreclosure crisis. Moreover it goes into depth explaining what happened. Many people have no idea that their mortgage originator (Ie BOA) does not actually own the mortgage. They simply service the document to the homeowner. The following graphic is an excellent representation. However, do remember that states like AZ and CA are no judicial as...
Foreclosure Crisis Provides Opportunity for... →
An interesting look into bankruptcy reform coming up into the housing crisis.
U.S. home prices expected to slide another 8% -... →
It started last Monday with Wells Fargo expecting that home prices would fall an additional 5% to 8% over the next year. Now the Case-Shiller index is coming out with its own gloomy predictions. Rock bottom still looks so far away.
