Citi Bank Wants to Aid in Stopping Foreclosures

Citi’s mortgage branch is facing a massive amount of foreclosures. They’re so desperate they’ve launched a new initiative. The will allow defaulters to remain in their homes for 6 months. This is on the condition that they sign over their deeds to the lender. At the end of the program, when borrowers are ejected from [...]

Why Community Banks Should Lend to Small Businesses

Why Community Banks Should Lend to Small Businesses By Herman L. Jimerson Due to the scare brought on by the near collapse of the banking industry from the real estate sub-prime lending scams, many small businesses are gasping for air to survive.   Despite President Obama’s pleas to the major banks to open up the lending [...]

Using Guerrilla Tactics to Avoid Foreclosure

Guerrilla tactics are used in warfare when the person employing them is normally outnumbered and in large out-financed.  Doesn’t that sound like the average American homeowner when it comes to a foreclosure on their home.  Let’s face it, many wars have been fought over the homestead, why should you think your situation is any different. [...]