Archives for News

Even the rich and famous face foreclosure

Although sales of foreclosed homes dropped last year, they still account for a quarter of U.S. home sales and the rich and famous are among them. Basketball legend Julius “Dr.J” Erving, actor Nicolas Cage and hip-hop artist Chamillionaire have all gone through foreclosure proceedings in the last six months, according to “All price points have been hit by the foreclosure crisis. The rich and famous have not been excluded from that. There are a handful of people in the luxury real estate category that are experiencing foreclosures as well,” said Morgan Brennan of Former Detroit Red Wings hockey
Read More

A little bathroom sex for Christina Aguilera

Christina Aguilera must really have the hots for new beau Matthew Rutler since splitting with husband John Bratman. According to the current of U.S. Weekly, the Burlesque star and Rutler got horny enough at a recently family gathering and get it on. Such antics are fueling nasty comments about Christina from friends. “Her friends are fed up,” a source told the magazine. “Nobody can get through to her. They think she’s trashy. And her ego is out of control.” So, apparently, is her libido.
Read More

Republicans to those in mortgage trouble: ‘Go to hell’

The Obama administration‘s key housing market rescue programs landed on the chopping block on Thursday as a committee in the U.S. House of Representatives scheduled a vote next week to terminate them. The Republican leadership of the House Financial Services Committee said the panel will vote on a bill on March 3 that would kill the Home Affordable Modification Program, which it said has failed to help a sufficient number of distressed homeowners to justify its cost. The committee also will vote on bills to shut down a Federal Housing Administration refinancing program and a fund to stabilize neighborhoods suffering
Read More