Wells Fargo gets billions in tax payer money and is throwing families from their homes
Submitted By Homeowner, Cat West - Wells Fargo gets billions from the federal government to help homeowners. But what they are doing is throwing families from their homes. They only help themselves by deciding what borrowers they want to keep and which ones they would prefer to purge from their system.
They care little about following the rules because they are so big and powerful they think the rules don’t apply to them.
If all homeowners who are under water or having financial challenges can’t get loan modifications, then WF only offers deals to the homeowners that really don’t need any help. This
5 Tips Before Applying For A Loan For Lawsuits
Loan lenders provide loans for several purposes. One of these purposes is to provide loan for lawsuits. A person who needs money for a law suit or is caught in a legal matter regarding the court, he or she can look up for this traditional loan lender for lawsuits. Mostly the lawsuit loan lenders pay you in advance and then get the repayment depending on your legal settlement. But, it is important to know that a loan taken for any purpose is dangerous and difficult to pay back with a high interest rate attached to it.
Predatory Lending Practices: Car Title Loans
Car title loans are frequently used by those in desperate situations. The car title loan industry has received a lot of negative attention for predatory lending practices. Here are a few reasons that you should stay away from car title loans.
Interest Rates
One of the biggest reasons that you should try to avoid dealing with car title lenders is the interest that you will pay. The interest rates associated with car title loans are extremely high and could be considered usury. Since the loan is typically for only 30 days, you might not think that the interest rate is that high. Many people are so desperate that they will gladly agree to any interest rate that is put in front of them.
How Obama Whiffed on Foreclosure Reform
Atrios on the Obama administration’s weak response to the recession:
I’m sympathetic to the argument that a bigger stimulus couldn’t have gotten through Congress. So what did they do wrong? They failed to actively support judicial bankruptcy for primary residence first mortgages (aka cramdown) and they totally screwed up HAMP. The latter was entirely under their control and the former would have stood some chance of passing if the White House had thrown its weight behind it. It didn’t.
Actually, it’s even worse than that! Stephen L