Cramer: Mortgage Pain Is Fannie Mae’s Gain
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A Bank of Ireland customer has secured a settlement on mortgage debt allowing her to repay the bank €18000 — at a rate of €250 a month for six years — to settle an outstanding debt of €170000. Laura White, a 35-year-old nurse from Dublin, agreed a deal with the bank on Monday,… www.marketwatch.com www.realistnews.net Consumers found it easier to get credit cards and auto loans in the first quarter of 2012, but standards for home and business loans remained tight. From the Majority Report, live MF 11:30am EST and via daily podcast at Majority.FM Looking deeper into the mortgage fraud settlement reveals just exactly what the banks get out of it… Cramer: When’s the Mortgage Madness Going to End? Cramer: The Mortgage Market Will Survive Cramer: A Mortgage Plan That Works Cramer: Say Goodbye to Thornburg Mortgage Recently, the federal government announced that they had reached a billion dollar settlement with the nation’s biggest banks to repay the victims of the mortgage industry’s greed and corruption. These banks have swindled millions of Americans out of their homes, and until recently, had received little more than a slap on the wrist from federal [...] |
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