Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-65264 Fri, 27 Mar 2020 15:44:14 GMT Four More American Banks Now Offer Mortgage Relief iehi-feed-65263 Thu, 26 Mar 2020 16:23:01 GMT Federal Reserve Goes On A Mortgage Debt Shopping Spree iehi-feed-65259 Wed, 25 Mar 2020 13:44:58 GMT US Commercial Mortgage Market On The Brink Of Collapse iehi-feed-65258 Tue, 24 Mar 2020 19:11:04 GMT Coronavirus Could Decimate Mortgage Servicing Industry iehi-feed-65256 Mon, 23 Mar 2020 16:45:25 GMT New York State Orders Mortgage Servicers To Offer COVID-19 Relief iehi-feed-65250 Sun, 22 Mar 2020 13:16:52 GMT Bank Of America Mortgage Customers To Get Coronavirus Relief iehi-feed-65244 Thu, 19 Mar 2020 17:54:09 GMT Trump Foreclosure Moratorium Does Not Apply To All Mortgages iehi-feed-65237 Wed, 18 Mar 2020 15:02:01 GMT Mortgage Servicers Ignoring FHFA Coronavirus Mortgage Relief Demands iehi-feed-65232 Tue, 17 Mar 2020 15:59:00 GMT New York Coronavirus Update: Full Steam Ahead On Foreclosure Auctions! iehi-feed-65218 Wed, 11 Mar 2020 17:25:58 GMT Foreclosure Defense Myths That People Still Want To Believe iehi-feed-65209 Thu, 05 Mar 2020 16:48:55 GMT Disbarred Attorney Mark Stopa Goes On A Lawsuit Rampage iehi-feed-65198 Mon, 24 Feb 2020 13:44:57 GMT Communist Bernie Sanders Owns Three Houses. Not Bad For A "Socialist" iehi-feed-65197 Sun, 23 Feb 2020 22:16:08 GMT Why EVERY Attorney Needs to Know What HECM Means  | Mandelman Matters What if you had an Uncle Hecm.  And he told you that he'd be willing to loan you say $200,000, at a relatively low interest rate, like 5%... and you wouldn't have to make any payments until you either died or sold your home.  What could you use that money for?  Anything, right?

You could use that money to start a business.  You could use it to consolidate debt or payoff student loans.  You could use it to buy a second home or maybe a motorhome.  You could use it to pay capital gains taxes... or settle a lawsuit. You could use it for absolutely anything.

Who wouldn't want an Uncle Hecm?  The answer is no one.

See also HELOCs Are Bad for Older Homeowners. Better Options Exist.

iehi-feed-65194 Thu, 20 Feb 2020 16:54:47 GMT Rhode Island Property Preservationist Gets 8 Years In Prison iehi-feed-65191 Tue, 18 Feb 2020 17:19:53 GMT Rushmore Loan Management Warning! iehi-feed-65186 Tue, 11 Feb 2020 13:50:07 GMT Deadbeat Dad Bernie Sanders Never Paid Child Support iehi-feed-65184 Sun, 09 Feb 2020 14:55:48 GMT Foreclosure Horror Stories: 4 Bizarre Foreclosure Stories iehi-feed-65180 Thu, 06 Feb 2020 19:53:33 GMT Attorney Anthony Colleluori: The Lionel Hutz Of Long Island iehi-feed-65179 Wed, 05 Feb 2020 16:57:57 GMT Former Porn Lawyer Off To Federal Prison For Mortgage Fraud iehi-feed-65177 Tue, 04 Feb 2020 19:43:20 GMT New York Zombie Foreclosure Warning: Second Lien Holders Are Coming!