Archive for October, 2008

Are Foreclosure Rates A Result Of Poor Education?

There’s no doubt that many foreclosures are a result of mortgage brokers not educating their buyers on the type of mortgage product they were buying. Brokers seem to neglect explaining the downsides of adjustable rate mortgages or balloon mortgages, and the huge risks involved. Education involves more than just providing the required pamphlets and […]

The Importance of Taking Your Money to Bail Out Foreign Investors

Most Americans confused at the utter failure of the Wall Street bailout package to address directly the problem of the foreclosure crisis seem to be missing the fact that the bill is specifically designed to bail out financial investment firms and banks — not actually provide help to the people who are unable to pay […]

How the $700 Billion Bailout Will Affect You and Your Family

Now that the House of Representatives caved in to pressure from thousands of constituents angry at having to bail out Wall Street to the tune of $700 billion, the Senate has taken up the arms of the bankers against the will of the people and will be voting on Wednesday on virtually the exact same […]

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