Posted in Bankruptcy on May 12th, 2011
Prior to the most recent economic down turn, mortgage lending institutions like Fannie Mae and Freddie Mac were backed by the Federal Government by insuring the mortgage loans of a home buyer. Of course, there were limits to the amount of the mortgage and the price of the home being purchased. When the housing prices [...]
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Posted in Bankruptcy on May 27th, 2010
San Diego County has seen a decrease in the foreclosure rate, but that may not be such a good thing to be seeing for a variety of reasons. First, the mortgage lenders now have added the staff to complete the foreclosure process to sale. Meaning that more homes are being sold at auction. Secondly, this [...]
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Posted in Bankruptcy on May 18th, 2010
Last year analysts started calling the economic tsunami a “mancession,” as in a recession that has a bigger impact on men than women because jobs in traditionally male-focused industries such as construction and manufacturing were among the hardest hit. But as this article points out, the recession has hit men and women alike, coming down [...]
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