No-Mo’s: Stealing Homes through Foreclosure No Modification Programs in AZ and USA

Foreclosure

New Orleans    Finally the fog is lifting around state and federal foreclosure modification programs and the real program is clear.  In the way of acronyms and abbreviations that abound in such programs like Fannie Mae and Freddie Mac, the largest of the mortgage guarantor agencies, the real program is called “No-Mo,” which stands for No …

Continue Reading

Hard Times and Wild Kingdom

ACORN International

Nairobi The stories on the streets here and the headlines around the world are daunting. The law trimming back collective bargaining in Ohio seems even worse than Wisconsin. The banks and servicers managed to scuttle another foreclosure avoidance program which would have used $1 billion to bridge losses of income and has not accepted one …

Continue Reading