2020 Bailouts vs 2008 Financial Crisis Bailout Tracker, TARP, AIG, TBTF

Can 2020 Top 2008? The government provided money to hundreds of banks and a handful of insurers and automakers in 2008 as part of the $700 billion Troubled Asset Relief Program. Can they out-do themselves in 2020? We are about to find out… Troubled ASSET RELIEF PROGRAM Financial rescue plan aimed at restoring liquidity to … Read more

Fed Enlists BlackRock In Its Massive MBS Debt-Buying Program

“The New York Fed plans to buy about $50 billion of agency mortgage-backed securities — every day this week.” Fed Enlists BlackRock In Its Massive Debt-Buying Programs (Bloomberg) — The Federal Reserve tapped BlackRock Inc. to shepherd several debt-buying programs on behalf of the U.S. central bank as it works to revive an economy reeling … Read more

And It’s Gone – Remembering September 29, 2008

Here is a reminder of what happened back on that historic September day when an entire generation thought that it couldn’t possibly get worse… which was generally true, at least until March 2020. In the span of just 11 days, the Bush administration and lawmakers, seeing ominous warnings in the credit markets, rushed to create … Read more

Florida woman fined over $100,000 for overgrown grass on foreclosed property

Florida woman fined over $100,000 for overgrown grass on foreclosed property A small, seaside city outside of Tampa fined a woman more than $103,000 for overgrown grass and a dirty swimming pool in a house she no longer owned, according to a USA Today report. Kristi Allen, 38, received a letter from the city of … Read more

Judge Meenu Sasser Dies After Battling Esophageal Cancer

Meenu Talwar Sasser – November 5, 1970 – July 6, 2019

Mobile Homes: Last Week Tonight with John Oliver

Mobile homes may seem like an affordable housing option, but large investment companies are making them less and less so. ~ 4closureFraud.org

Evan M. Rosen: One of the Top Foreclosure Defense Lawyers in Florida

Evan M. Rosen: One of the Top Foreclosure Defense Lawyers in Florida Via Yelp There is a common misconception among homeowners that it does not matter what lawyer they hire to defend their foreclosure case.  Most consumers believe that if they have not paid their mortgage they are ultimately going to lose their case so … Read more

Housing Slump: Foreclosure Activity Jumps In Austin, Miami, San Diego, And Seattle

Housing Slump: Foreclosure Activity Jumps In Austin, Miami, San Diego, And Seattle ATTOM Data Solutions noticed that 60 of the 220 major U.S. metropolitan areas posted a y/y increase in foreclosure activity in January 2019, an ominous sign of deceleration in the housing market. According to the report, the hardest hit areas in January include … Read more