NOD – Angrywoodchuck's Blog

NOD

Safe Mortgages Collapsing

By AWC on November 30, 2009 • ( 0 )

After reading this L.A. times article from Saturday, I have to ask myself, why is the government surprised that conforming loans, the “safe bet investment” 30 year fixed rate loans that have been the bread and butter of mortgage loans for generations,… Read More ›

Where’s my foreclosure notice?

By AWC on November 24, 2009 • ( 0 )

People all over America are reporting that they’ve stopped paying their mortgage…and it’s been months…and they haven’t heard anything from the bank. The banks are letting them live in their homes, mortgage free, for months…years. “Eight months after my last… Read More ›

The Continuing Collapse of Housing

By AWC on November 23, 2009 • ( 1 )

The economy and the housing market are conjoined twins. What each does affects the other directly, and immediately. The economy is driving down the housing market, which in turn is driving down the economy. Where will the rabbit hole end?… Read More ›