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Are banks delaying foreclosure sales in your condo or homeowner community?

A new ruling by a South Florida Circuit Court shows banks may be held financially accountable for purposely delaying foreclosure sales
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AIG ‘Still Exposed’ Amid Losses From Mortgage Insurer, Lender

American International Group Inc., the insurer bailed out after derivatives losses tied to housing, is being weighed down by unprofitable units that originate and guarantee U.S. mortgages.
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Increasing numbers of Californians are suing lenders to avoid foreclosures

Two weeks before their Sunnyvale home was to be auctioned off on the courthouse steps, Sonia Leverman and her sons seized on a desperate David-vs.-Goliath strategy: They sued their lender.
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Fannie Mae to buy up to 200,000 mortgages

Fannie Mae, the mortgage finance company under government control, said it expects to purchase as many as 200,000 delinquent loans out of its securities this month.
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Fannie and Freddie: Saving Taxpayer Dollars?

While mortgage giants Fannie Mae and Freddie Mac reported last week they are still drowning in red ink and dependant on taxpayer assistance to keep operating, a little-noticed change in their business practices could give taxpayers a break …
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Prepaid cards may boost Visa, MasterCard profit

An analyst raised his profit estimates for Visa Inc. and MasterCard Inc. for 2010 and 2011 on Tuesday, saying the increasing use of prepaid cards will boost profitability.
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Wells Fargo Lending a Hand in Mortgage Modification Program

The nation’s fourth largest bank, Wells Fargo, is offering its financial services to help underwater homeowners to refinance and avoid foreclosure.
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How To Boost Your Financial Health

My special guest was Louis Scatigna who is known as “America’s Financial Physician” and has a best selling book and radio program.
We discussed some of the ways you can boost YOUR financial health and cure your money problems

Click Here to Listen to the March 4, 2010 airing

Know What Lenders Know – Must Watch NOW!

Pending U.S. Existing Home Sales Unexpectedly Fall

The number of contracts to buy previously owned U.S. homes unexpectedly declined in January, showing the extension of a tax credit is sparking little interest.
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