ICELAND FORGIVES ENTIRE POPULATION OF MORTGAGE DEBT!

ICELAND FORGIVES ENTIRE POPULATION OF MORTGAGE DEBT! link is here below!!!! www.morningliberty.com and more here as well in Spanish multimedia.telesurtv.net (NO COPY RIGHT VIOLATION INTENDED WHAT SO EVER)

Iceland forgives mortgage debt of its population. (May 8, 2012) Total Media Blackout

Published on Apr 12, 2012 by telesurenglish The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the [...]

Mortgage Fraud Settlement: A Second Bailout for the Banks?

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…

Housing Struggling to Keep Pace with Economic Recovery

A firmer economy doesn’t immediately translate into a more robust housing market. It could actually prove an impediment. That is the conundrum potentially facing the Federal Reserve should Treasury yields take another leg up. Already the more than 0.3-percentage-point jump in 10-year yields over two weeks, in response to stronger economic sentiment, has mortgage rates [...]

Taxpayers Cashed in Big Time on Mortgage Securities

US taxpayers have reason to be happy about mortgage-backed securities purchased by the government in 2008 and 2009. WSJ’s Jeffrey Sparshott checks in on Mean Street with details. ***MAKE YOUR OPINIONS HEARD*** The Wall Street Journal is looking for people who watch our videos to join us for discussion groups in New York City and [...]

Papantonio: The Truth About the Mortgage Fraud Settlement

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 [...]

WashPost Columnist: Mortgage Settlement Makes “Fraud a Business Expense”

Feb. 29 (Bloomberg Law) — Barry Ritholtz, CEO for Fusion IQ and founder of The Big Picture blog, talks with Bloomberg Law’s Lee Pacchia about the recently announced settlement between 49 state attorneys general and a number of banks regarding improper foreclosure practices. Ritholtz contends that this settlement represents a choice by the Department of [...]

BofA Fight With Fannie Shows Turn From Last Year’s Hope

Bank of America said in a filing Thursday that it has stopped selling most mortgages to Fannie, a result of the continued shifts in Fannie’s demands that Bank of America buyback old mortgages that have gone into default.This represents an about face from last January, when the two signed an accord to settle claims on [...]

Mortgage fraud settlement, NY DA says no; The problem is STILL the banks

The Stench of Truth radio show airs every Friday 7-9PM Eastern time on: www.inceptionradionetwork.com and http www.platformforthefuture.com http www.tenebroust-populistpolitics.blogspot.com The Stench of Truth (493).mp4 Some background. It may seem like I focus on the republicans and the lunatic right a lot but I have and will continue to call out the democrats for their shill [...]

Andrew Schiff: Mortgage market should have disappeared

Three years ago the US government took over Fannie Mae and Freddie Mac in hopes of protecting the mortgage market from collapsing. Now 27 percent of Americans owe more than their homes are worth and a solution has yet to be found. Andrew Schiff of Euro Pacific Capital explains to us who really benefited from [...]