Posted on Tuesday, 19th May 2009 by chrisjones

A couple weeks ago I posted about debt and spending in A Conundrum Wrapped in a Paradox, Stuffed in a Burrito.  The point was that we as a country can get – and have gotten – to a place where we can’t keep spending as we have, because we weren’t spending our money, and now [...]

Tags: debt, Fed, personal responsibility, savings
Posted in Blog & News, Finance 101, General | Comments (0)

Posted on Tuesday, 19th May 2009 by chrisjones

Okay, I’ve now officially had it. On Zillow this morning there was a fathead complaining that one servicing lender was not modifying its mortgages in the way that suited him.  He wanted them to be modified according to the government’s Making Home Affordable plan, instead of the way the servicer preferred.  Leaving aside for a [...]

Tags: mortgage industry, mortgage lending, mortgage loans, personal responsibility, subprime
Posted in Blog & News, General | Comments (4)