Thursday, April 30, 2009

CombatEffective: Wall Street & Congress issue final F*** You to America...'s all about big money. The little guy is left to drown in the debt. Or lose the house. (Which from a free market perspective is probably the right answer. However, we long ago departed the free market.)

Thursday, April 9, 2009

A conversation with the 2nd mortgage holder...

...if you came here from FutureMillionaire, you may be following the story already. If not, jump over there and check it out. For rationaldefault readers, the new 2nd mortgage holder called me last week. It was an interesting conversation.

Monday, April 6, 2009

Saving or giving up on a home in foreclosure...

...ForeclosureFish (one of the best resources I've found for information re: mortgages) has an article up that posits five considerations to...consider...before you make any decision. Bottom line: remove emotion from the situation and consider if the home makes sense to save, financially.