Foreclosure & Mortgage Crisis: How to Stop the foreclosure process
By Dr. Joyce Starr | June 17, 2008
Filed under Home Foreclosures, Home Mortgages, Homeowners Insurance, Topics & Guests
Topic: How to stop the foreclosure process. How to obtain a new mortgage at the best price.
- There are over 2100 foreclosures daily across America. Who is responsible for this crisis?
- What if you’re unable to make your mortgage payments on time?
- What if you can’t pay your condo or HOA fees or assessments on time?
- What is mortgage “short-selling” and mortgage “short” refinancing?
- How some savvy homeowners shaved tens of thousands of dollars or more
off existing mortgages and thereby avoided foreclosure. What the banking industry doesn’t want you to know.
Guest: Jack Dubrawa, a straight-talking mortgage expert with 18 years of sales experience in the mortgage arena. He spent nearly 12 of those years with Washington Mutual. You can reach Jack Dubrawa at: 954.608.0887
Date: June 18 at 5:00 PM EST (2:00 PM PST). Click here to listen to the show LIVE.
ACORN & Foreclosures: Using the Community Reinvestment Act – designed to encourage banks to make loans to high-risk borrowers – ACORN started abusing the law by forcing banks to make hundreds of millions of dollars in ‘subprime’ loans to minorities with bad or no credit. Using charges of racism and threats to use CRA to block business expansions, ACORN extracted hundreds of millions of dollars in loans and contributions from America’s financial institutions.
ACORN also organizes “suspect” voter registration drives. In 2006 for example, their voter registration drive in Washington produced 1,800 new voters of which 1,794 names submitted were fake. The secretary of state called it the “worst case of election fraud in our state’s history.”
Cybercorrespondent