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Ellen Brown: Homeowners' Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
While courts are not likely to let 62 million homeowners off scot-free, the defect in title created by MERS could give them significant new leverage at the bargaining table.
Read more...Homeowners' Rebellion: Could 62 Million Homes be Foreclosure-proof?
Mortgages bundled into securities were a favorite investment of speculators at the height of the financial bubble leading up to the crash of 2008 . The securities changed hands frequently, and the companies profiting from mortgage payments were often not the same parties that negotiated the loans.
Read more...19 Money-Saving Lists: Avoid Unnecessary Expenses, Foreclosure, Hidden Fees, Nasty Food, Career Dead Ends, and Jail
It's not just about avoidance techniques. Also covered: What's the most economical sandwich to make at home? If you're thinking PB&J, you're wrong. 3 Reasons Stay-at-Home Parents Should Consider Working Part-Time. Summing up this MoneyNing post: A SAH parent taking on a part-time gig will help the family with extra income, help his or her [...]
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