Foreclosures Halted by JP Morgan Due to Falsification Sep30

Foreclosures Halted ...

JP Morgan announced today that they are halting upcoming foreclosure procedures on homeowners who are in default.   This is for loans that are owned by the Chase Mortgage unit.  Note that if your home is already in foreclosure, it will not stop the sale.  The company is moving forward with...

A New Plan To Stop The Foreclosure Crisis Sep21

A New Plan To Stop T...

The government is ready to give away billions more in another attempt at a mortgage fix.   The plan is to have the government ask the banks to reduce the principal on mortgages for unqualified borrowers and stick the bill on taxpayers. To help people who are suffering now from unemployment...

New Mortgage Bailout Helps Speculators, Not Troubled Families Sep21

New Mortgage Bailout...

It’s not widely publicized, but the government recently launched another mortgage rescue program.  This one is designed to have taxpayers bear the cost of mistakes by real estate speculators. One question: what happened to personal responsibility? The program is designed to protect...

Where the Jobs Are. ...

With 9.6% unemployment, the job market seems to be an unending black hole but there are many bright pockets.  Even the Federal Reserve has admitted that government policies will not fix the unemployment situation.   I thought I would share my opinion about where the job opportunities...

Stay At Home Parents Need Retirement Savings Too Sep12

Stay At Home Parents...

If you’re a stay at home mom or dad, did you know that you can still be contributing to your own retirement account? Even if you aren’t currently employed (which is debatable, really, because raising kids is a very difficult job), you and your spouse can file a joint tax return....