Protecting Your Family Finances :: Financial Scams

Welcome – our pages explained For over ten years we worked as consumer advocates monitoring some of the largest banks and mortgage companies for abuse of customers. Consumer complaints expose possible shady tactics and unforgiving lack of compassion when sudden unexpected events effect customers Illness, the recession, or moving one’s company overseas can upset financial …

SEC finally sues New Century Financial Corp

From 2007 through 2009 Mortgage Blues reported on the subprime crisis. Daily articles highlighted a nation in turmoil as financial greed and abuse rocked the country. Now Mortgage Blues gets to report on the aftermath. Lawsuits continue to see America in search of a single culprit. In one such suit by the SEC three former …

A Kernel of Truth at the Country Store

We went to the Country Store in our town. The people shopping inside were either men with lists or the wives of the men sitting outside on the bench in the sun. The conversation outside went around to the recession being over and the amount of stimulus money spent. It is strange that the men …

Economic crisis still looms as winter looms nearby

This is the quote of the week at Mortgage Blues: “”People have been celebrating that we’re through the financial crisis, but the underlying issues are all still there,” said Dean Baker, co-director of the Center for Economic and Policy Research. “We’ve lost trillions of dollars in housing wealth, and consumption’s going to be weak. It’s …