Repossession nightmare still haunts me
This is Money - Under the Limitations Act in England and Wales, mortgage lenders cannot chase a mortgage debt after 12 years have passed, provided the borrower has not acknowledged the debt - in writing or over the phone - and has not made any payments.
F. William Engdahl: Financial Predators Had A Ball
Scoop - As hundreds of thousands of Americans over the coming months find their monthly mortgage payments dramatically reset according to their Adjustable Rate Mortgage terms, another $690 billion in home mortgage debt will become prime candidates for default
Editorial (This Editorial is not necessarily the opinion of the Blog Administrator.) 18 February, 2008 by Emily Spence Too often news coverage focuses on discreet current events at the expense of a more synthetic approach to notable happenings. While it is important that the public learns of major incidents in the world as they take place, sometimes this can lead to some observers not seeing the forest for the trees. On account, it might be easy to miss the connection between the globa