ComproTax Talks!

By Devona Walker, The Loop

Predatory lending practices have not only led to the collapse of the U.S. and global financial markets, but also represent the most massive loss of wealth for African Americans in U.S. history.

The nonprofit United for a Fair Economy in a study called Foreclosed: [...]

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If you have bad credit and are looking into a home mortgage refinance, you may be wondering if you will have problems finding a lender who will work with you. For the most part, depending on your situation, you will most likely be able to find a lender willing to assist you in a refinance.
Do [...]

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By Kai Wright
This article appeared in the July 14, 2008 edition of
The Nation. June 26, 2008
http://www.thenation.com/doc/20080714/wright
[Photo] CHRISTOPHER MARTIN George Mitchell and his daughter
Chandra Chavis in front of his home in Atlanta’s
Westwood neighborhood
Research support was provided by the Investigative Fund
of The Nation Institute.
George Mitchell’s wife, Lillian, took her last breath
in [...]

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“Who will bail out the Fed? In reality, we already know the answer to
this. It lies in the record high gasoline prices, record high food
prices, and either record or near-record prices in almost everything
else. You and I will bail out the Fed. Not with money, but by a loss in
our standard of [...]

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Homeowners are aware that a foreclosure is something they want to avoid at all costs. They know that the result is that they will not only lose their home, but they will suffer damage to their credit.

One way to minimize the damage to your credit is to do a short sale. Short sales are [...]

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Fannie Mae is setting new rules about what mortgages it will buy, including a credit score threshold for the first time.
The Washington, D.C.-based mortgage giant has told lenders it will no longer buy most loans made to borrowers who have credit scores below 580, nor will it buy loans that have been more than 60

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by Donnie Taylor
PBS INTERVIEW WITH MELVIN OLIVER
edited transcript
Sociologist Melvin Oliver is vice president of asset building and community development at the Ford Foundation and co-author of Black Wealth, White Wealth.
What inspired your studies of race and wealth?
When I went to UCLA it was the common experience of many African American faculty that they could not [...]

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DIANE ABBOTT
Sunday, March 23, 2008

All over the world we are watching spellbound as the American economy goes through its turmoil. As major banks like Bear Stearns crash and Wall Street totters, we all know that our own economies will inevitably be affected. At the heart of the current financial mayhem are sub-prime mortgages. People who [...]

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  Calum MacKenzie

I’m Calum MacKenzie, Broker/Owner of Real Living Southern Homes, a residential real estae brokerage located in Wesley Chapel, Florida.
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Calum MacKenzie
March 08, 2008
 On December 20, President Bush signed a law that is meant to help [...]

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 March 3, 2008 by azrealestate
As if homeowners facing an inability to continue
paying their mortgages didn’t have enough to worry
about, the final blow was owing a very big tax bill
after a foreclosure or short sale or other form of debt
reduction. Typically, this would be an unexpected
blow just when the borrower thought the worst of their
troubles was [...]

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