Tag Archives: foreclosure moratoirum

More to the mortgage story

The New York Times on Monday ran a piece by Yves Smith that unfortunately tells only a small part of the story when it comes to mortgages.

For example, Smith neglects to explain that, while the vast majority of homeowners in the United States are current on their mortgages, the foreclosures he rails against are happening to people who have not made any monthly payments for as long as two years. Continue reading

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Steve Bartlett: Setting the Record Straight on Mortgages

The foreclosure freeze has sent a scare through the housing market and has become a key political issue. Steve Bartlett, CEO of the Financial Services Roundtable, discusses the issue with CNBC on October 11, 2010.

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Steve Bartlett: Update on Recent Events in Mortgage Industry

Steve Bartlett, President and CEO of the Financial Services Roundtable, recently updated member institutions about current events in the mortgage sector.

Much has happened in the past ten days in the mortgage and foreclosure world. While things are not as bad as the headlines, there remain some risks. Here is a quick summary. Continue reading

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Fast Facts on the Foreclosure Process

It is important to review the facts about the foreclosure process in the midst of recent reports about what the industry is doing.  FACT:  Homeowners who cannot afford their mortgage payments have several options to deal with the situation, such … Continue reading

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