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BANKS FACE TWO-FRONT WAR ON BAD MORTGAGES, FORECLOSURES

Perhaps the smiles and handshakes covered over the possibility that China did not get their way? With the U.S. primed for a resumption of trade action in the New Year, North Korea boiling hot again and Japan considering the purchase of the F35-B for their flat-top "destroyers" there is an unmistakable atmosphere of pressure growing across the region.

Billionaire Nelson Peltz inks big mortgage on massive Palm Beach mansion – South Florida Business Journal

 · War? Highly possible! Quote Reply. Show Only Poster Name and Title Newest to oldest pages: prev 1 2 3 NEXT. cwDeici 9/18/2009 1:04:43 AM. When will you move to China? Under these senarios california and wherever you are will be Chinese new territories. no need to move , ur home lloans maybe secured by chinese banks. its already happening.

Banks Face Two-Front War on Bad Mortgages, Flawed Foreclosures. Shoddy mortgage lending has led bankers into a two-front war, pitting them against U.S. homeowners challenging the right to foreclose and mortgage-bond investors demanding refunds that could approach $200 billion.

Last April, the nation’s top two bank regulators, the Federal Reserve and the Office of the Controller of the Currency, reviewed the foreclosure and loan modification practices and found a litany.

We face. Deutsche Bank, an authority on housing, is the most pessimistic; its analysts predicted in 2009 that as many as 48 percent of the mortgages in America could have negative equity by this.

Great At Helping Us Understand This Process – Royal United Mortgage LLC

States across the country are proposing a range of new rules that would make it more difficult for banks to foreclose on troubled homeowners.

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We Are SO Screwed. October 19, 2010 shaun appleby. tags: banking foreclosure mbs rems rmbs Today Bank of America stock rallied. The Fed is talking about ‘quantative easing.’ We are alarming our friends and allies by crimping the US dollar worldwide in an effort to improve exports and ‘pump prime’ our flagging economy.