Bank America and GMAC Will Resume Foreclosures

The title of this blog says it all.  Hasn’t Americans had enough? Resuming foreclosures.  Give us a break.   This is a typical example of the banks and mortgage industry being too big to fail.  What has happened though is a failure in the American way of life. Many households “banked” their children’s future in [...]

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. [...]