http://www.articlealley.com en-us editorial@articlealley.com 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... http://www.articlealley.com/article_166771_33.html 30th 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... http://www.articlealley.com/article_164110_19.html 24th 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... http://www.articlealley.com/article_161835_19.html 21st 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... http://www.articlealley.com/article_160189_19.html 16th May 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... http://www.articlealley.com/article_148858_19.html 18th 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... http://www.articlealley.com/article_147562_19.html 13th 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... http://www.articlealley.com/article_146280_19.html 10th 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... http://www.articlealley.com/article_145063_19.html 07th April 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 ... http://www.articlealley.com/article_142380_19.html 30th 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 ... http://www.articlealley.com/article_140249_19.html 27th 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 ... http://www.articlealley.com/article_138999_19.html 20th 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... http://www.articlealley.com/article_137992_19.html 13th 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... http://www.articlealley.com/article_136838_33.html 12th 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... http://www.articlealley.com/article_135542_19.html 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 ... http://www.articlealley.com/article_135533_19.html 06th March 2007 It had been a particularly daunting day as a new trainee customer service representative of a company with a bad product and lots of vocal complaints. Many asked to talk to the supervisor and after the turn over, the supervisor chided Lucile about being s... http://www.articlealley.com/article_130147_19.html 19th February 2007 While the ‘New Congress’ puts a full court press on the first 100 hours of control, almost three weeks have been spent on a “non-binding” resolution loaded with political positioning and posturing for future replays. High fives all around for that... http://www.articlealley.com/article_130062_19.html 19th February 2007 “Knock, knock, who’s there?” The door opens and no one is there. Bumps in the night are confused with buyers wanting to get in to see a home for sale. Where has all the buyer’s gone? With foreclosure rates, according to some sources, up approximat... http://www.articlealley.com/article_126040_19.html 02nd February 2007 Spot was the first to notice the heavy stress in the home. Spot was staying away from the tension mongers as to not become a target of their frustration. Spot took a lower profile getting a pat or a hug whenever it looked safe. Many new buyers have not... http://www.articlealley.com/article_124908_19.html 30th January 2007 There is just too much at stake for the lender and the borrower. Being proactive is the rule of the day. In the area of Adjustable Rate Mortgages, lenders are pre-empting “payment shock” by calling months ahead to determine the budget status of famili... http://www.articlealley.com/article_123852_19.html 27th January 2007 Calls for bids on mortgage portfolios containing lower credit score and higher risk loans based on Stated Income, No Income, No Ratio, No Doc are going unanswered. As originators of these “flavor of the day” loans are having difficulty selling bulk ca... http://www.articlealley.com/article_122340_19.html 23rd January 2007 No matter how you package it, it’s all the same. A passerby walking down the street discovers a wallet beside a stranger and it just so happens to be packed with wads of cash. The newfound friend proposes splitting the cash if the owner can’t be found... http://www.articlealley.com/article_120994_19.html 17th January 2007 Areas of the country that have enjoyed a big run up in values the past year are now paying for it. Local tax assessors doing their jobs, based on comparable sales, are moving assessed values up to increasingly high levels. Housing affordability is a funct... http://www.articlealley.com/article_118693_19.html 10th January 2007 The TV commercials are all over the networks showing two friends chatting away oblivious to what is happening around them and WHAM another car smashes into the them while air bags are going off with blank looks coming from their faces. The ad’s apparent... http://www.articlealley.com/article_118281_19.html 09th January 2007 In earlier years, “Flipping” was a negative term utilized by governmental agencies to designate a mortgage fraud situation where there was massive collusion between, straw buyers, appraisers on the take, title companies and other players all committed... http://www.articlealley.com/article_115697_19.html 03rd January 2007 In some areas of the country it is getting more and more difficult to find values that make sense for investment. Further complicating returns are accelerating taxes and insurance. Laying this all over an investment scenario margins are thin or non-existe... http://www.articlealley.com/article_113935_19.html 23rd December 2006 Listening to a late night radio recently there was a committed follower of the talk show host who was exclaiming that after taking the cure for piling up significant debt that after 5 years of work, the couple was debt free. The caller came from the pai... http://www.articlealley.com/article_113623_19.html 20th December 2006 You pass them everyday going to work, coming home from work, going out for lunch, running an errand, shopping for groceries, hard working people are engaged at earning a living to feed their families and provide shelter for their care. Many lead structure... http://www.articlealley.com/article_111945_19.html 13th December 2006 After finishing a course in 1031 Tax Free Exchanges in the early 70’s the first deal put together on this “revolutionary” means of doing business was a “NON Qualifying 1031 Tax Free Exchange” using “pure boot”. This was not “like property�... http://www.articlealley.com/article_111012_19.html 08th December 2006 With any soft real estate market the seller needs to be more flexible to move the property. If a seller is motivated to sell and tells the world through say an Multiple Listing Service (MLS) and is offering to pay all the buyers closing costs and prepaids... http://www.articlealley.com/article_110459_19.html 06th December 2006 The public, when it comes to investment opportunities, is usually late and guilty of betting on the wrong pony. It’s just the way it is always been throughout the history of our republic. Depending on the geographic location, there are many bountiful op... http://www.articlealley.com/article_109331_19.html 01st December 2006 For months now many Realtors have been pacing the floor wondering where their next sale was coming from. The bad news drips off the front pages reporting for all to see how bad the real estate market has become. Thickets of real estate signs explode out o... http://www.articlealley.com/article_109304_19.html 01st December 2006 The financing vehicles have been in place for several years now for a borrower using some creativity with a seller to make 100% financing possible. However, the real estate market had been so hot in many areas in the U.S. the sellers did not have to even ... http://www.articlealley.com/article_108863_19.html 29th November 2006 It starts out all so innocently, the loan application (1003) is filled out while gathering the income and debts verified through credit reports and mortgage payoffs. Then the Debt To Income Ratio (DTI) is calculated dividing the debts including the new ho... http://www.articlealley.com/article_107068_19.html 18th November 2006 It was a total surprise when the Doctor told Mary and Jeff that they had twins. Sonograms were not much of an option in 1965. The proud parents decided to name the twin boys Mike and John respectively after their grandfathers. Mike and John were paternal ... http://www.articlealley.com/article_104233_17.html 17th November 2006 When Dumpty Humpty fell off the wall the creditors started calling and sending threatening letters all about what they were going to do to you and your credit. With speed dialers and predictive dialing systems there is no escape from this onslaught of har... http://www.articlealley.com/article_101280_15.html 16th November 2006 When Dumpty Humpty fell off the wall the creditors started calling and sending threatening letters all about what they were going to do to you and your credit. With speed dialers and predictive dialing systems there is no escape from this onslaught of har... http://www.articlealley.com/article_101277_19.html 16th November 2006 It started out innocent enough; Pricilla had refinanced her mortgage many times in the past. First, when she bought her small two bedroom one bath bungalow in an up-trending neighborhood, with a local sponsored low down payment program. As a single woman... http://www.articlealley.com/article_88674_19.html 23rd September 2006 Many couples have been merrily breezing along then, IT happened. There was not enough money to meet all the monthly obligations. Living in the suburbs, a two-paycheck family with 2 children with soccer, little league baseball, golf and club memberships, s... http://www.articlealley.com/article_86014_19.html 01st September 2006 On the way home from work, Tom looked at a short list on his "to do list" and began sequencing the list into a logical travel pattern to minimize crisscrossing. Sunday grilling with family and guests were an important event around the pool while cooling o... http://www.articlealley.com/article_82699_19.html 19th August 2006 As the economy cools, mortgage foreclosures increase. Mike and Margaret had worked hard for all of their 10 years of marriage. During that period they had some rough patches and vowed not to get jammed up on their finances again. Mike from time to time wo... http://www.articlealley.com/article_80701_63.html 13th August 2006 Many working people in the U.S. have no established credit, but want to own their own home. They never held a credit card or bought a car with installment payments. There is no credit score with any bureau. It's almost like they are leaving ZERO financial... http://www.articlealley.com/article_78937_33.html 03rd August 2006 Teaser rates on variable mortgage products looked great at the beginning. Borrowers are starting to come out from the affect of the ether and waking up to a rate that is in some cases DOUBLE from where they started. A lender would offer �% to 1.0% below P... http://www.articlealley.com/article_72144_19.html 14th July 2006