Being rich and famous is certainly no guarantee of future wealth, nor does it protect you from the law, paying your debts, or becoming a victim of the housing crisis. We hear daily about the record number of foreclosures that are affecting consumers across the country, but it is hard to imagine somebody we perceive [...]
Entries Tagged as 'mortgage debt'
Foreclosure Affects the Rich and Famous As Well
November 3rd, 2009 · 2 Comments · Consumer Debt, Mortgages, Real Estate
Tags: famous foreclosure victims·foreclosure·housing crisis·mortgage debt·Real Estate·rich and famous·rich foreclosure victims
Housing Rescue Bill: Fannie and Freddie Get New “Lifejackets”!
July 31st, 2008 · 1 Comment · Banking, Consumer Debt, Mortgages
Just as the boat that Freddie Mac and Fannie Mae have been vacationing on prepares to sink due to tropical storm “Subprime”, the government comes to the rescue! President Bush has recently signed the initiative to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support [...]
Tags: Fannie Mae·Freddie Mac·Homeowner Debt Workout·Housing Rescue Bill·mortgage debt·Subprime Mortgage crisis
