Are Foreclosures Good For America? Part 4 by Bill Roberts Everyday there are more mortgage defaults filed. The banks are suffering. Congress can't get their act together. A solution seems to be elusive. The Secretary of the Treasury went up the hill to ask Congress for 700 Billion dollars to solv
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09/30/2008
Are Foreclosures Good For America? Part 3 by Bill Roberts Until now banks had three options for under-performing loans: Workout a modification Accept a short sale Foreclose I would be very interested to hear how successful homeowners have been in obtaining a loan modification. It seems that if th
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09/25/2008
Are Foreclosures Good For America? Part 2 by Bill Roberts The whole mortgage mess can be laid at the feet of Alan Greenspan and his zero interest rates which caused a huge run up in real estate prices, but it was swamped by the tidal wave of foreclosures brought on by accelerating price decreases
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09/19/2008
Are Foreclosures Good For America? by Bill Roberts A lot has been written about our financial crisis: How it started; Who is to blame; And how much has it cost us. But I think that this entire discussion has missed the main point: Was it necessary? Let's look at the foreclosure process: If you bo
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09/14/2008
My Sincere Apologies by Bill Roberts I have been MIA for about six months. Rather than bore you with the trite details I just want to say I'm sorry for my neglect of so many good friends here on ActiveRain. To those that called and left messages, thank you very much. I will call you back as soon
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09/08/2008
High Time For Change by Bill Roberts It's high time for change in Washington and John McCain offers that change. Don't fool yourself into thinking that Obama represents change. He really represents more of the same - TAX AND SPEND. Our economy and our very existence are at stake. What will Obama
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09/08/2008
