Living After Foreclosure

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Entries from June 2008

Albany’s “foreclosure intervention” bill confuses me

June 18th, 2008 · 3 Comments

There’s legislation ongoing in Albany, NY, that will allow judges to postpone foreclosure proceeding and modify interest rates on mortgage notes of subprime borrowers. The Wall Street Journal contends in an editorial that this is “pols … taking a whack at bank balance sheets” by giving judges the authority to put off foreclosure proceedings for […]

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You may already have won a foreclosure!

June 5th, 2008 · No Comments

Who would’ve thought it? Ed McMahon is in default on his Beverly Hills home. Star searches these days reveal rich-and-famous folks getting behind on their payments. I’ve watched lots of shows with Mr. McMahon, including TV’s Bloopers and Practical Jokes, Star Search, and of course The Tonight Show and it is a bit sad to […]

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