Article by Shaw Financial By Maya Jackson Randall, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- U.S. President Barack Obama’s fiscal 2012 budget plan proposes a 2% jump in U.S. Justice Department funding, as the administration vows to crackdown on financial fraud and foreclosure violations.The proposal would provide the department $ 28.2 billion, representing a 2% … Read more
Many investors that gambled on the lost a ton of money. Unfortunately, the only winners in this high-stakes game have been the banks. Quite a few people theorize Sin City is acquiring its karmic debt, but as one who invested in this market I fault the greediness of Wall Street investors and major banks. The … Read more
A bank levy is a nasty tool the Internal Revenue Service has at their disposal to use against taxpayers they believe owe them money. The Internal Revenue Service issues a levy notice to the person’s bank. This levy notice requires the bank to freeze the party’s assets for twenty-one days. If, for any reason, the … Read more
“The home short sale has long been regarded as a lifeline for borrowers facing foreclosure. But many have also taken it as a quick solution to mortgage problems, not thinking about the ups and downs of the short sale process. The truth is that even after a home short sale, one may still owe money … Read more
Article by Jack Smith Previously launched Obama’s making home affordable plan helped the homeowners facing mortgage foreclosure on a primary mortgage only. About half of these numbers have a Second Mortgage. The economic downturn has made many homeowners struggle with their monthly mortgage payments. You may be one of them who fear defaulting with payments … Read more