The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess

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Avoid raiding retirement accounts to pay credit card debt– Draining retirement funds to repay card debt can leave you destitute in your golden years.. (See Retirement accounts ) Q&A: How to handle old debt soon to be sent to collections — If sent to collections, an old.

Iceland. has just sentenced five senior bankers and one prominent investor to prison.. Pension funds today use derivatives to hedge investments. to reduce mortgage-interest expenses: Those with lower earnings, less home equity. This has long been the argument of financial journalist William Greider, author of a.

It might have been mortgage fraud that started the crime, but in the end it was the IRS that nailed renato gonzales quiazon, who was sentenced to three years in prison, followed by three years of supervised release for wire fraud and filing false tax returns.This sentence is the result of an investigation by the Internal Revenue Service – Criminal Investigation.

While it drew less attention, the Media Fund, a 527 group run by Democratic operatives. For that reason, candidates are always wary about using their campaign ads to drive home personal hits for.

 · Fortunately the United States of America is still the home of the brave and land of the free. The Justice Department’s list of indictments in health care fraud is growing. Soon, we hope they will turn their attention to some of the larger miscreants and their protectors.

She called the Making Home Affordable office, the program set up by the Obama. Schneiderman said New York will use $15 million from the state’s share of the recent mortgage settlement to fund legal.

“These actions will better enable us to focus our investments on serving our customers and members through integrated retail — at the store, online and in the home.”.

There’s been a lot of journalism (not to mention polls) in the past 24 hours suggesting that Republican John McCain is trailing Barack Obama in the presidential sweepstakes. dan balz writes that.

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The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities.