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	<title>SubPrime Mortgage Debacle &#187; Foreclosure Articles</title>
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	<description>Predatory Lending Watch, American Homes Underwater, Foreclosure Crisis</description>
	<lastBuildDate>Wed, 03 Feb 2010 18:55:52 +0000</lastBuildDate>
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		<title>Wells Fargo Dealing with Option ARM Loans</title>
		<link>http://www.subprimemortgagedebacle.com/2010/02/03/wells-fargo-dealing-with-option-arm-loans/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/02/03/wells-fargo-dealing-with-option-arm-loans/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 18:55:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bad Credit Mortgage]]></category>
		<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Home Affordable Modification Program]]></category>
		<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[option ARM]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=60</guid>
		<description><![CDATA[Wells Fargo saw a $28.2 billion reduction in unpaid principal balances on legacy payment option ARM loans last year, according to an investor conference presentation by the company&#8217;s CFO. A recent Wall Street Journal report indicates that Wells has been reducing payments for some underwater borrowers who originally took out negative amortization loans by offering [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Mortgage Relief Plan</title>
		<link>http://www.subprimemortgagedebacle.com/2010/02/03/mortgage-relief-plan/</link>
		<comments>http://www.subprimemortgagedebacle.com/2010/02/03/mortgage-relief-plan/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 15:00:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=57</guid>
		<description><![CDATA[The Treasury Department announced new changes in an effort to streamline burdensome paperwork required for its mortgage relief plan.  The changes to the problem-plagued program could help more homeowners successfully complete a loan modification.  Mortgage lenders will now be required to collect two pay stubs at the start of the process, and borrowers will have to give [...]]]></description>
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		<title>Avoiding Foreclosure Rescue Scams</title>
		<link>http://www.subprimemortgagedebacle.com/2009/07/22/avoiding-foreclosure-rescue-scams/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/07/22/avoiding-foreclosure-rescue-scams/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 05:50:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[Foreclosure Rescue Scams]]></category>
		<category><![CDATA[loan modification companies]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=42</guid>
		<description><![CDATA[Unscrupulous scam artists have been targeting distressed homeowners who have been having trouble paying their home mortgage each month. These so-called foreclosure rescue companies promise to stop foreclosure. But they’re out to make a quick buck, and can turn a homeowner’s stress into a bigger disaster.  Due your due diligence and find a loan modification company that has a [...]]]></description>
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		<title>Home Affordable Modification Program</title>
		<link>http://www.subprimemortgagedebacle.com/2009/07/22/home-affordable-modification-program/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/07/22/home-affordable-modification-program/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 05:45:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Published Article]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[Home Affordable Modification Program]]></category>
		<category><![CDATA[Home loan]]></category>
		<category><![CDATA[loan modification]]></category>
		<category><![CDATA[Preventing Foreclosures]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=40</guid>
		<description><![CDATA[Under the Obama administration&#8217;s Home Affordable Modification Program, the Treasury Department offered lenders up to $75 billion to help them defray the cost of reducing borrowers&#8217; monthly payments to 31% of their incomes. It also enticed loan servicers with $1,000 for each loan modification, plus another $1,000 for each restructured home loan that is still [...]]]></description>
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		<title>Foreclosure Prevention Law Updates in California</title>
		<link>http://www.subprimemortgagedebacle.com/2009/05/28/foreclosure-prevention-law-updates-in-california/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/05/28/foreclosure-prevention-law-updates-in-california/#comments</comments>
		<pubDate>Thu, 28 May 2009 15:36:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FHA Mortgage News]]></category>
		<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=38</guid>
		<description><![CDATA[
Mortgage loan modification agreements have helped many homeowners salvage their homeownership with lower mortgage payments, but not everyone qualifies.  Mortgage modifications and loan workouts are successfully negotiated when the borrower has a job and has the ability to afford the revised loan payment.
A new wave of loan modification legislation continues to arise from the increasing [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>FORECLOSURES &amp; THE ECONOMY  Treasury Chief Paulson</title>
		<link>http://www.subprimemortgagedebacle.com/2009/01/16/foreclosures-the-economy-treasury-chief-paulson/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/01/16/foreclosures-the-economy-treasury-chief-paulson/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 20:02:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[home loan defaults]]></category>
		<category><![CDATA[mortgage foreclosures]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=30</guid>
		<description><![CDATA[Full committee hearing on &#8220;legislative and regulatory options for minimizing home loan defaults and mitigating mortgage foreclosures.&#8221; Witnesses included Henry Paulson, Secretary of the Treasury; Alphonso Jackson, Secretary of Housing and Urban Development and Ben Bernanke, Chairman, Board of Governors of the Federal Reserve System.”

]]></description>
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		<title>Risky Mortgage Loans Subprime Debate</title>
		<link>http://www.subprimemortgagedebacle.com/2009/01/16/risky-mortgage-loans-subprime-debate/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/01/16/risky-mortgage-loans-subprime-debate/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 19:59:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[subprime loans]]></category>
		<category><![CDATA[subprime mortgage meltdown]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=28</guid>
		<description><![CDATA[The risky subprime loans have come back to bite us.  

Financial expert Ray Martin and Hannah Storm discuss the subprime mortgage meltdown and what you can do to avoid risky home mortgage pitfalls.
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Reflecting on the Subprime Meltdown of 2007</title>
		<link>http://www.subprimemortgagedebacle.com/2009/01/16/reflecting-on-the-subprime-meltdown-of-2007/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/01/16/reflecting-on-the-subprime-meltdown-of-2007/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 19:55:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[foreclosure crisis]]></category>
		<category><![CDATA[Home loan]]></category>
		<category><![CDATA[risky borrowers]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[Subprime mortgage]]></category>
		<category><![CDATA[zero down home mortgages]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=26</guid>
		<description><![CDATA[After years of massive credit expansion, the debt industry snapped, taking down major Wall Street figures and hitting corporations with initial loss estimates in the tens of billions. Investors from Wall St to Main St. were left wondering how it all happened. In the prior six years interest rates were historically low and the housing [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Mortgage Meltdown with Bill Moyers</title>
		<link>http://www.subprimemortgagedebacle.com/2009/01/16/mortgage-meltdown-with-bill-moyers/</link>
		<comments>http://www.subprimemortgagedebacle.com/2009/01/16/mortgage-meltdown-with-bill-moyers/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 19:48:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Foreclosure Articles]]></category>
		<category><![CDATA[Home Financing Articles]]></category>
		<category><![CDATA[Subprime mortgage news]]></category>
		<category><![CDATA[mortgage meltdown]]></category>
		<category><![CDATA[subprime mortgage crisis]]></category>

		<guid isPermaLink="false">http://www.subprimemortgagedebacle.com/?p=24</guid>
		<description><![CDATA[This week PBS&#8217; Bill Moyers Journal travels to ground zero of the mortgage meltdown in Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis. 


 
There, more than 1,000 homes stand vacant [...]]]></description>
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