LET ‘EM DROWN

Why are Republicans so clueless when it comes to anyone outside of their rich folks’ club bubble? The Huffington Post John Boehner: Time For Government To Stop Helping Homeowners House Speaker John Boehner thinks it’s about time for the government to stop trying to aid people with underwater mortgages. Responding to a plan President Barack… More LET ‘EM DROWN

In California: 10,000 LINE UP TO SAVE THEIR HOMES!

  Sacramento Bee They came by the thousands, transforming normally festive Cal Expo into a venue emblematic of California’s nightmarish housing meltdown. An estimated 10,000 people were in line Friday morning when the Cal Expo Pavilion’s doors opened on a five-day event aimed at helping distressed homeowners avoid foreclosure. The line for the Neighborhood Assistance Corporation… More In California: 10,000 LINE UP TO SAVE THEIR HOMES!

Mortgage Giants Didn’t Even Read Paperwork, Foreclosures Now On Hold In 23 States

This is totally outrageous… The Washington Post Some of the nation’s largest mortgage companies used a single document processor who said he signed off on foreclosures without having read the paperwork – an admission that may open the door for homeowners across the country to challenge foreclosure proceedings. The legal predicament compelled Ally Financial, the… More Mortgage Giants Didn’t Even Read Paperwork, Foreclosures Now On Hold In 23 States