The Freedom From Debt Blog

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Mortgage Crisis Creates More Opportunities for Fraud

September 18th, 2007 · No Comments

With the recent mortgage crisis and current wave of foreclosures, many homeowners are now facing the prospect of losing their homes.  Many of these homeowners are looking anywhere they can for help, but most do not know where to turn. Unfortunately, many unscrupulous businesses are preying on the vulnerability and desperation of many of these [...]

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Credit Card Debt Fuels Subprime Mortgage Collapse

July 30th, 2007 · No Comments

Everyone connected with subprime lending during the past four years knows that the subprime mortgage business is in trouble. Foreclosures are hitting record highs in many housing markets. Several major mortgage companies are going under as their sources of funding dry up.   Predatory Mortgage Loans   The main cause of this collapse is the [...]

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