Posts Tagged ‘ foreclosures ’

Mortgage Madness: Does the US Treasury own your home?

Mortgage Madness: Does the US Treasury own your home?

Car Czar Consulting says: From the  blogosphere today: During the last depression, the Frazier-Lemke Moratorium Act of 1935 halted foreclosures on family farms for a three-year period, provided that a local court of law would give its approval both as to the propriety of the delay and the adequacy of the rental to be paid in the interim. Frazier-Lemke was challenged in the courts, “but the Supreme Court upheld the law in Wright v. Vinton Branch of Mountain Trust...

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