How to Get Out of Debt With the Get Out of Debt Guy » avoiding foreclosure

Mortgage Bankers Association. A Bunch of Whiny Bitches?

Steve Rhode — Thu, 05 Feb 2009 15:02:23 +0000

So in the Wall Street Journal the Mortgage Bankers Association answered a op-ed about the need for bankruptcy mortgage modifications with the following response. In “Loan Modification Can Stop the Foreclosure Crisis” (op-ed, Jan. 30), Rep. John Conyers shortsightedly calls for allowing unelected bankruptcy judges to unilaterally modify mortgage contracts to help keep borrowers out [...]

Read the full article at GetOutOfDebt.org, click here: Mortgage Bankers Association. A Bunch of Whiny Bitches?

Personal Finance Brain Trust – What Rights Should Debtors Have?

Steve Rhode — Tue, 14 Oct 2008 17:59:03 +0000

From How to Get Out of Debt

This weeks brain trust question was: Question: Bank of America is proudly telling people about their new loan modification program and how much it will help people. But this program did not materialize until Bank of America was sued by some states over predatory lending. The real world situation is that the majority of lenders [...]

Read the full article at GetOutOfDebt.org, click here: Personal Finance Brain Trust – What Rights Should Debtors Have?