How do i get a bank account without a social security number?

I’m not an illegal alien. I do have a soc security number. I have heard on the news that Illegal aliens can get bank accounts, mortgages, and credit cards without a social security number. I want those privileges too. I don’t understand why I have to have my social security number attached to my bank […]

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Is it true that most Americans don't give a damn about all the fraud involved in the foreclosure crisis?

"What’s sad is that most Americans who have an opinion about the foreclosure crisis don’t give a s___ about all the fraud involved. They don’t care that these mortgages wouldn’t have been available in the first place if the banks hadn’t found a way to sell oregano as weed to pension funds and insurance companies. […]

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Did you watch dateline last night?

It was about the corruption in the housing market from realtors to brokers and the banks that bought this mortgages up. A lot of people made money and some got RICH. And the rest of us, who played by the rules, paid our mortgages on time got SCREWED. Now it a tv network can figure […]

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The borrower's Deed in Lieu request and the lender's Notice of Foreclosure crossed in the mail – what happens?

The borrower sent an application package for Deed in Lieu of Foreclosure at the same time that the lender filed a suit for foreclosure. Both were done before the other was received by either. Does the liklihood of the lender considering or accepting the DIL change now that a foreclosure suit has been filed with […]

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Question for an economic expert?

If there are any economic experts out there, I have a question: How is the financial bailout not a bailout of Wall Street? Please correct me if my understanding of the situation is in error. Here is what I ‘think’ the deal is: In recent years, mortgages were allowed to be bundled based on risk […]

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Great credit ruined as a result of mortgage fraud?

mortgage broker took my friend for his good credit and told him about investing in 2 properties. The homes turned into foreclosures. The broker stated he would pay the mortgages on the homes and he never did. The tenants were sending the broker their rent so he can pay for the mortgages. My friend was […]

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Conspiracy theorists, can you form a good theory on this one.?

In 2001ish, the FHA controlled about a 30% market share in the mortgage business. Then the sub prime lenders came and knocked the FHA down to about a 5% market share. In 2006ish the FHA went to congress and asked to change their charter, so they could compete. Quickly, they were turned down. In succession, […]

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If we do recover from this economic disaster, will we learn from the mistakes that got us here?

Such as avoiding bad mortgages, more oversight on corporate fraud, speculating, etc. etc. Or will we just go back to our old ways and build up another bubble to burst and economically destroy us?

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