30th May 2007
If you have 5% or higher FHA loans going into foreclosure is it prudent to throw the baby out with the bath water or would it be better to coach up and counsel the buyers to slow down the default rates. Many feel this was a knee jerk reaction to a program...
24th May 2007
In the wake of negative news after negative news stories filling page after page of print media coupled with negative outlook stories air time on radio and TV the public is found pacing the floor wondering what is going on. Fear can be a crippling emotio...
21st May 2007
Desperate for money, Jack contacts a money guy referred by his cousin Jerry for a temporary loan. The “VIG” is 25% per week. This is excessive and is an example of loan sharking. This is a criminal act. The terms are clear and it’s all spelled out w...
16th May 2007
Bobby had already determined that he and the boys could not stay in the home and crank the mortgage payment. He had four Realtors in to give a Comparative Market Analysis on the home giving some idea of a probable sales price. It didn’t take long to fig...
18th April 2007
Achieving a bad credit auto loan isn’t had to do, you maybe able to get an auto loan with the proper requirements and documents for the lenders pending the approval. There are a variety of sources and ways to go about to get into a car. There are severa...
13th April 2007
As Brian Hansen demonstrated with one of the “tracked” cards, the card was gone in seconds and major purchases were being made all over the world within minutes. Cards became maxed out quickly. Billing cycles being what they are, by the time a cardhol...
10th April 2007
Coach Vince Lombardi who led the Green Bay Packers to many football championships was a stickler for the basics and the details. From this statement he focused and hammered on every detail and nuances associated with the basics of blocking, tackling and r...
07th April 2007
A younger person can afford to put a good portion of their portfolio in aggressive high growth stocks with no earnings but lots of prospects. Time is on their side. An older person’s portfolio may be a more weighted in fixed investment products that thr...
30th March 2007
Several times, using his skill of disguise, dressed in a prison guards uniform utilized two ladders carried across the yard and when a spot light hit him he yelled out, “It’s ok” and continued his escape without incident. Later, Sutton attributed ...
27th March 2007
As the financial markets are being rocked by daily negative news including the latest lenders closing their doors and higher levels of reported foreclosures hitting new highs have stoked even more the slide of the troubled mortgage business. The mortgage ...
20th March 2007
“Some” of the Credit Card Companies offer a good product and decent service providing Americans with the convenience and back up of a credit card when not carrying a lot of cash on person. Much of the online business and other travel and such have to ...
13th March 2007
FHA was created in 1934 to give homebuyers a shot at owning an affordable home. Per The Department of Housing and Urban Development more than 34 million families have been helped by the FHA programs over the years. With it’s stated goal to allow familie...
12th March 2007
Bernanke, in the recent past, had been urging in a passive way for the two heavy weights to lighten their portfolios. Now, it is more pointed with a strong message to Fannie Mae and Freddie Mac to focus more on affordable housing and less risky loans. The...
06th March 2007
This was somewhat palatable in a rising market, but now as the market goes sideways or even down and more borrowers are finding themselves upside down while owing more than the property is worth. Much like the movies, one might take it upon himself or her...
06th March 2007
If one of the primary reasons for a split emanated from excess debt and credit challenges then there may not be a lot of cash floating around to effect a quick settlement. Additional complications may flow from a foreclosure and/or bankruptcies where one ...
