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 […]
Entries from June 2008
Albany’s “foreclosure intervention” bill confuses me
June 18th, 2008 · 3 Comments
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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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