Tags » Mortgage Debt

The Student Loan Bubble: Gambling with America's Future

By Addison Quale – Re-Blogged From http://www.Silver-Phoenix500.com

The federal government can’t seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again – this time in the area of student loans. 876 more words

Reverse Mortgage Update: HUD Throws a Lifeline to Surviving Non-Borrowing Spouses

Via the National Consumer Law Center,

The U.S. Department of Housing and Urban Development (HUD)’s newly revised policy provides spouses of reverse mortgage borrowers with the most workable option to date to prevent surviving spouses’ evictions and homes from foreclosures.

219 more words
Money And Finances

5 booming housing markets that aren't Vancouver or Toronto

The average home price for all of Canada last month skipped 8.1 per cent higher compared to a year ago. But that healthy gain, as always, masks deeply divided regional stories below the surface. 317 more words

Canada

A Step Forward Michigan Success Story: Ruby and Daniel

by Katie Burns, J.D., Attorney, Housing Counselor, and HUD Certified Reverse Mortgage Counselor

To protect client confidentiality, all names have been changed in this post. 660 more words

Financial Security

Home Equity Conversion Mortgage Pros and Cons

by Katie Burns, J.D., Attorney, Housing Counselor, & HUD Certified Reverse Mortgage Counselor

Homeowners age 62 and older qualify for a reverse mortgage. A reverse mortgage is a loan that converts existing home equity into tax-free cash. 551 more words

Money And Finances

DEBT-A-DOPE


The financial crisis of 2008 was delivered on a tsunami of personal (mostly mortgage) debt, packaged by bankers as instruments by which they could gamble on the future movements of the level of interest rates. 720 more words

Mortgage Debt

ASPIRANT CLASS - DEBT FOR THE MASSES

Enter the low failure world of cheap debt, in which borrowing at low interest rates gives the illusion of prosperity to the so called ‘aspirant class’. 696 more words

Mortgage Debt