$16.65 Billion: BOA Securities Fraud

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Bank of America’s collected fines for the foreclosure crisis is now at $74 billion reports CNN Money. Unfortunately little of those fines have trickled down to the distressed borrowers who may have been... READ MORE

Foreclosures and Suicide

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NBC Mental Health is reporting a new federal study that shows foreclosure-related suicides increased 253% between 2005 and 2010.  Whereas the recession itself has been linked to over 10,000 suicides. In 2012, three... READ MORE

Quitting Facebook? Yeah Right

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  Facebook has been getting a bad rap lately from privacy issues to  a general disillusionment with its narcotic-like  dependency. Facebook has become a surrogate for social connectivity which for some stunted basic... READ MORE

Foreclosure: Sympathy and Shifting Baseline Theory

posted in: Real Estate | 0

Where there once seemed a largess of sympathy for distressed homeowners has since seem to dissipate. How do we explain this overwhelming shift in many state government’s treatment of the foreclosure crisis? Shifting Baseline Theory may provide an explanation. Initially when the housing crisis occurred, the government stepped up with big social programs like HAMP and when ti discovered that mortgage servicers were not complying with HAMP they intervened; e.g. the National Mortgage Settlement Agreement (NMSA). The public outcry prompted politicians and state attorneys general alike to circle the wagons and fight the servicing industry. Unfortunately, the issue soon grew stale.

Quitting Facebook? Yeah Right

posted in: Front Page, Tech | 1

  Facebook has been getting a bad rap lately from privacy issues to  a general disillusionment with its narcotic-like  dependency. Facebook has become a surrogate for social connectivity which for some stunted basic interpersonal skills. The effects of which are … Continued

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