Archive for the ‘Foreclosure Prevention’ Category

Why does it appear that people complain more about president Obama rather than when Bush was in office?

Here’s a (incomplete) list of things that Obama has changed so far: -Reversed restrictions on stem cell research -Appointed an assistant to the president for science and technology policy -Created a foreclosure prevention fund for homeowners -Expanded loan programs for small businesses -Extended and indexed the 2007 Alternative Minimum Tax patch -Expanded eligibility for State [...]

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Stimulus Question…..do i quit paying my bills?

Is it just me or does it seem like the only way to get help from this great stimulus package you need to put yourself FURTHER in debt. If you buy a house you get a credit,,,credit for buying a NEW car,,,credit for raking up college debt,,,credit for making my home energy efficient (have you [...]

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am i alone…? cuz i feel like i am! =(?

ive lost all hope. i am lonely, distressed, depressed, and just frustrated. im just done. i dont know how much more i can handle. im losing everything. and im not good enough. im losing family, cuz im not a good enough daughter/sister/cousin. half my family has pretty much disowned me. my dads not even talkin [...]

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Officials: Financial crisis can lead to violence. Your thoughts?

By KELLI KENNEDY, Associated Press Writer 1 hour, 43 minutes ago An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years. In Massachusetts, [...]

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Do conservatives understand that people being irresponsible has an impact on all of us?

they usually seem to act like we’re all in little bubbles and if this joe… or that steve… has a foreclosure… well shame on him… and who cares… but if enough joes and steves go into forclosure… all of a sudden… you’re not in a bubble anymore… and your property values are dropping like a [...]

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ACORN was given $1 million taxpayer dollars just a couple of weeks ago, from FEMA. What do you think of that?

Just a few weeks ago, on September 4th, FEMA handed over $1 million to the ACORN Institute, an ACORN affiliate in New Orleans. The grant is for “fire prevention.” You can find the grant here http://www.firegrantsupport.com/fps/award/08/ . Virtually every other organization receiving “fire prevention” grants is a fire deparment or medical facility. Here’s some background [...]

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We need a hardhip withdrawal from the 401 k savings plan?

My husband and I have an immediate and heavy financial need right now. In order to do the 401 k hardship withdrawal, the reasons have to be for purchasing a primary residence, educational tution, prevention of foreclosure, or medical invoice for a procedure that has been done or something showing that medical procedures cannot be [...]

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How do I create an NDP party in the USA, like in Canada?

Obama’s Party is too much like Canada’s Liberal Party of say Jean Chretien. The Obama administration is all about stimulating the US economy in economically depressed cities like Detroit, Los Angeles, Cleveland, programs for homeowners in foreclosure, bankruptcy prevention. And this is running the USA into deficit. What the USA Democrats FAIL at is creating [...]

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Financial Crisis Prevention . . .?

In the U.S. mortgage loans generally fall into two broad categories: Recourse loans, where the lender can sue for default for any money owed after foreclosure: and Non-Recourse loans, where the lender is only allowed to repossess the home. In Europe most home loans are recourse loans while in the U.S. most loans are non-recourse. [...]

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Cadidate X or Candidate Y?

Candidate X Promises and Plans: 1.)Establish a $10 billion Foreclosure Prevention Fund 2.)Provide $10 billion in Relief for State and Local Governments 3.)Hardest-Hit by the Housing Crisis to Prevent Cuts in Vital Services. 4.)Extend and Expand Unemployment Insurance 5.)Provide a Tax Cut for Working Families 6.)Eliminate Income Taxes for Seniors Making Less than $50,000 7.)Simplify [...]

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