Subprime borrowers and the homeless, in the news
Subprime borrowers and the homeless, in the news I give you the South End Is Over blogger: An interesting article on the homeless and local gentrification by David Abel appeared in today’s Boston Globe. As usual, some Nouvelle South End residents expressed their...Resetting ARMs not the cause of subprime lending crisis
But, we knew this already. Aggressive lending is the real culprit behind high foreclosure rates — not just adjustable-rate mortgages, say many of those who are trying to analyze and cure the foreclosure problem … … “It is certainly not out of the...
NECCO hearts keep up with the times, this Valentine’s Day
From a Press Release issued yesterday by The New England Confectionery Company (NECCO), the makers of the popular Valentine’s Day “Conversational Hearts”. The New England Confectionery Company (NECCO®) is looking to the skies this Valentine’s Day and...You got some nice figure …
Here’s a couple (here are a couple …) facts & figures about subprime loans, etc., courtesy of the Associated Press: The No. 1 reason its customers have been defaulting on mortgage loans is because their income was cut. That accounted for almost 60...
How to help homeowners facing foreclosure
Recently, a “non-bail-out” program was announced by the federal government, put together with great care by the US Treasury Secretary and many major lenders. One of the elements of the proposal would freeze the interest rates on many loans. (The program...Condo Listings by Neighborhood
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