New Orleans Yesterday a brief look at the new National Mortgage Settlement (NMS) and the results of the Independent Foreclosure Review (IFR) indicated that the latest reports, just like the earlier reports, indicate that the Obama Administration continues to get snookered at every brush with the big banks and Wall Street as it continues to [...]
New Orleans Following all of the discussions on reforming the income tax system isn’t easy, especially since much of the time the people saying they are for reform and closing the loopholes really aren’t and sometimes the people saying they aren’t for reform, really should be. Confused? Yes, me too!
I stirred the pot a couple [...]
New Orleans It is hard for me to believe that the Obama Administration will not finally address relief for the millions of homeowners facing foreclosure and are underwater across the country. The slightly improving market for housing should help trigger some change, though many banks will no doubt continue kicking and dragging. The relief [...]
New Orleans We were all clear when the Obama Administration announced changes last year to the HARP (Home Affordable Refinance Program) that seemed to favor refinancing that these changes were not going to provide relief to homeowners desperately trying to hold on and resist foreclosure. I thought that was the real issue with the latest [...]
San Miguel de Allende It’s a dogpile now, so I feel totally justified in saying “I told you so” for the umpteenth time after years of being a Cassandra about the damage that Jamie Dimon, JP Morgan Chase CEO, and his bank had done to the country by bullying the Treasury Department and [...]