Tag Archive | "mortgage"

Major banks agree to principle reduction, lower interest

U.S. homeowners struggling to make payments on mortgages worth as much as three times the value of their home were astonished to learn that their banks had decided to offer principle reduction and lower interest.

“We’ve been negotiating for years and the banks have been unwilling to budge” said Deepa N. Dette from Salem Quick, Wisconsin. “Now this? What does it mean?”

To answer this question, I spoke to Hugh Reilly-Kairs, spokesperson for the American Banking Oligarchy: Read the full story


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We Need More Debt, Please

My cousin Penin Diaz, a used car salesman, claims to have found the solution to stimulating the economy, ending the home foreclosure crisis and reducing unemployment (or at least the loss of income due to unemployment). I unfortunately owe him a favor for marrying my sister, so I agreed to publish the following interview with him:

RIGHT: Penin Diaz has a plan to end the recession. (CLICK TO ENLARGE) Read the full story


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The Kindness of Banks Thanks to Soul Modification

A dear friend of mine, Penin Diaz, sent me this distressing report that I felt compelled to share with you. – Barb Weir

Our family is going through hard times, and we’re trying to cut expenses, so I asked my bank about mortgage loan modification.

“We’re here to help you, Mr. Diaz,” said the loan officer. “How far behind are you in your mortgage payments? You don’t qualify unless you’re pretty destitute.” Read the full story


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