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December 1, 2009

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates.

12 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates. Option ARMs are the gift that keeps on giving this holiday season.  As it turns out, these pesky toxic mortgages are still sitting waiting to hit recast periods.  …

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates. Read More »

SCANDAL BIGGER THAN BERNIE: NY POST

3 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

THANK YOU PAUL FROM ATLANTA: YOU DEFINITELY HAVE YOUR EYE ON THE RIGHT BALL. And then there is this one which described the scale of the Wall Street schemes that brought all of us to this point. People are just starting to realize that they are all citizens of the same country and that if …

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You Are Not the Bad Guy

1 Comment / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

NOW AVAILABLE ON AMAZON KINDLE! THE PHONE RINGS. YOUR NERVES ARE JANGLED. YOU KNOW YOU ARE “LATE” IN YOUR PAYMENTS. PROBABLY ANOTHER COLLECTION CALL. FEAR COURSES THROUGH YOUR VEINS LIKE ACID TOGETHER WITH A RISING TIDE OF EMBARRASSMENT. SO HERE IS WHAT I HAVE TO SAY ABOUT THAT. First of all if you look up …

You Are Not the Bad Guy Read More »

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