You can read many exciting blogs about credit scores and how to improve your own credit rating at this website: http://blog.creditlawgroup.com.  It tells you how to avoid identity theft and how to protect yourself from phishing and scams with repairing your credit. There are also many more things on there to check out regarding mortgages,

The Brookings Institution, one of the nation’s most prestigious think tanks, has issued a new report on the mortgage crisis focusing on the role of state governments.  The report, entitled “Tackling the Mortgage Crisis: 10 Action Steps for State Government,” was written by Alan Mallach, a Senior Fellow at the National Housing Institute and a Visiting Scholar

The New York Times reports today that Bank of America is still firmly committed to acquiring crippled mortgage giant Countrywide Financial.  After reading the article, we’re convinced that the deal isn’t going to happen. According to the Times, Bank of America’s chief executive Kenneth D. Lewis “confirmed his commitment to the Countrywide buyout, which is expected to close by

Do you want to profit from the housing crisis and the mortgage meltdown? Disgraced ex-New York Governor Eliot Spitzer might have just the opportunity you’ve been looking for. Spitzer is putting together a real estate “vulture fund” to buy and flip distressed property, envisioning projects valued between $100 million and $500 million. According to the New York Sun, “Eliot

Given its central role in the subprime mortgage debacle, it is no surprise that Countrywide Financial has become politically radioactive. The most recent evidence for the politically deadly consequences of an association with Countrywide or its corporate officers is the sudden and ungraceful exit of businessman James A. Johnson, a long time Washington insider and lobbyist, from

Last March, we wrote about the federal indictment of 19 people for mortgage fraud-related offenses under what the government called “Operation Homewrecker.” The indictment alleged that a scam operated by Charles Head, 33, of Los Angeles, California, along with 18 others under his direction, targeted homeowners in dire financial straits, and fraudulently obtained title to over 100

There are a lot of real estate scams out there and many of them are now offering the bait of making easy money in the foreclosure market. Scammers like to run with the hot trend – and right now the hot trend in real estate is foreclosures and distressed property. Of course, there is money to be made

The FBI announced today that the Justice Department’s crackdown on mortgage fraud has resulted in more than 400 indictments since March — including dozens over the last two days. Those arrested run the gamut of players in the mortgage industry, including lenders, real estate developers, brokers, agents, lawyers, appraisers, and so-called straw buyers. The Department of Justice’s name for the crackdown

The scandal involving special “sweetheart” loans to politicians and Washington insiders by Countrywide Financial is both heating up and widening. Earlier this week, James A. Johnson was forced to step down as head of Barack Obama’s vice president selection team when it was revealed that he had profited from special deals on three home loans with Countrywide that were

Even in the midst of the most serious housing and foreclosure crisis since the 1930s, the United States is still a nation of homeowners not renters.  But recent data released by the U.S. Census Bureau show that Americans are now renting their living spaces at the highest level since 2002, and the percentage of households headed by homeowners has