Looking At Your Own Bank for Loans
The idea of shopping around for a loan can sometimes be over rated ... Reasons Why Bad Credit Equals High Interest August 14, 2008 — Don't Let Terms Get You Down July 29, 2008 — Student Loan Defaults Cured - Or is it? September 4, 2008 — Is Your Best Bet An FHA Loan? July [more...]
Date: 2008-08-21 07:05:00
Blog posts
(113)
|
Videos
(158)
5 Ways to Save Money on Your Next Vehicle Loan
by Ada Denis Don’t get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan. 1 ... . 2. Be Flexible Timing a vehicle purchase is everything. Several auto dealerships establish monthly sales goal ... an application with your personal bank, credit union, finance company, or online auto loan [more...]
Date: 2008-12-18 09:05:34
Another package “to save the world”?
Just a few weeks after Gordon let slip that he had saved the world, ... by taxpayers. 2. Establishing a state owned “bad bank” to buy up and work through some of the poor loans ... bank package. The first very expensive one has not led to sensible amounts of credit flowing [more...]
Date: 2009-01-03 08:27:02
Banks -- can't live with 'em, can't live without 'em
... That initial recapitalization was necessary. Without that government-financed capital, many more banks would have been insolvent, ... getting worse by the day, other assets, like commercial real estate and credit card loans, are going ... with the bad assets, once and for all. They need to be properly valued and they need to be isolated [more...]
Date: 2009-01-17 12:55:18
BREAKING: Washington Mutual seized by feds, biggest bank failure in US history
WSJ:In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc ... after it got caught up in the booming part of the mortgage business that made loans to people with bad credit, known as subprime borrowers. Troubles spread to other parts of WaMu's home loan portfolio [more...]
Date: 2008-09-26 02:41:42
Record rate of repos in 2008
Filed under: Etc. The mortgage meltdown and the financial crisis on Wall St ... that automakers were doling out bad loans just like the banks, but that's not entirely true. The high amount of luxury vehicles being repo'd have gone up as well, and many of those buyers have very good credit [more...]
Date: 2008-10-14 13:41:02
Scroll for Updates:BREAKING: State Of Illinois Refuses to Do Business with Bank of America Because Republic Windows & Doors Was Denied Loans Due To Deadbeat Status
UPDATE: Ill. gov. jumps in to sit-in at shuttered plant Gov ... money is not to be used for bad loans. We wouldn’t be in this situation had the banks watched ... workers last week that the plant would close, blaming a loss of credit with Bank of America, says Mark [more...]
Date: 2008-12-08 18:00:08
Getting the right car loan for you
Having a car is a necessity in today’s modern world. It makes your day to day life more accessible, convenient and fast. Unfortunately, bad credit can make it hard to purchase a new car. With the economy on the rocks ... sums of money when bad credit is an issue because there is a high risk. Most banks will either only [more...]
Date: 2008-12-22 15:21:32
Need a loan? By pass banks and turn to social lending
Saturday morning I woke up to a dead cell phone. I left it in the charger so I knew it wasn’t the battery ... the loan and your financial history. Not bad considering the interest rates are better than banks ... it the most. This got me to thinking about money and lending. As the credit crunch continues [more...]
Date: 2008-11-17 15:29:16
The Current Financial Crisis
You know, I’ve spent pretty much every waking minute for the last week trying to figure out what happened, why it happened, ... and Freddie were required by law, for entirely noble reasons, to make riskier home loans. The bad ... lots of cash, and couldn’t get it. this led to a “freeze up” of credit among banks, which [more...]
Date: 2008-09-25 22:45:54
Wall Street bailout plan to include more than bad mortgage debt: Feds to absorb unpaid bar bets, inadvertently laundered postage stamps, unredeemed soda cans and insufficient tooth-fairy disbursements
Totally absurd? Think twice: In the dark of night over the weekend when most people were snoozing, the Treasury dramatically expanded its bailout plan to include buying student loans, car loans, credit card debt and any other “troubled” assets held by banks. The changes, which were included [more...]
Date: 2008-09-23 06:05:06
Federal Government will Back Bank to Bank Loans?
Jim Flaherty is predicted to announce this to help ease the credit crunch, but is this going to help? We shall see, but it isn’t bad news, except for tax payers like us, who are now on the hook for these loans as well. This whole “bail out” thing seems to be another possible area where governments [more...]
Date: 2008-10-23 11:14:27
The Wall Street Journal on ACORN and Obama
So, this campaign has been going on for almost two years now, and news of the connection between ACORN and Illinois Sen ... lenders to make home loans on easy terms, conducting "strikes" against banks so they'd lower credit ... had been "community organizers" -- like Barack Obama. Too bad they aren't like that any more. Mr. Obama's [more...]
Date: 2008-10-14 18:07:20
Subprime Queen Leads Obama Inauguration Team
Barack Obama has repeatedly chastised failing banks for using subprime loans to victimize borrowers yet his newly crowned inauguration co-chair ... to compensate for the increased risk of borrowers with bad credit or those who lack the income to qualify for a regular loan. Like Obama, the Department of Housing and Urban Development says minorities [more...]
Date: 2008-12-02 16:24:49
An Encouraging Economic Analysis
Here is a piece of encouraging economic analysis from the folks over at The Tycoon Report by Teeka Tiwari called 5 Bank Panic Mega-Trends ... -leverage and re-loan, which will stimulate economic growth. 5. The credit markets will become unstuck ... into beefed up corporate earnings surprises (to the upside). 4. $700 billion in bad bank debt [more...]
Date: 2009-01-08 20:39:17
Help! Poor Black People Are Stealing the Election from Rich White Guys
By Lloyd Hart You may have noticed over the last week the word acorn or to be more exact A.C.O.R.N ... bought all those bad loans (and have an automatic government rescue program to their charters ... practices in minority neighborhoods - a deliberate practice of banks not providing equal access to credit [more...]
Date: 2008-10-11 21:55:03
Bush widens scope of bailout
Bush widens scope of bailout Bloomberg | Bad loans now may include car loans, credit-card debt and other devalued assets held by banks. [more...]
Date: 2008-09-22 15:31:53
Banks and Consumers Are the Problem, Not Bad Assets
Treasury Secretary Henry Paulson announced that he has shelved the original plan to buy troubled mortgage assets via the recently approved $700 ... loans, student loans and credit cards. This is creating a heavy burden on the American people [more...]
Date: 2008-11-14 12:14:14
Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger
From Talking Points Memo: If you have a real story, you don’t have to make up phony stories. That’s pretty straightforward ... with so much bad debt that the banks can’t trust each other to repay loans. This creates a situation in which the system of payments breaks down. That would mean that we cannot use our ATMs or credit cards [more...]
Date: 2008-09-29 23:25:39
Where Is The Safest Place To Save Or Invest Your Money?
Whether we want to acknowledge the grim reality or not, ... of bad mortgage debts and the loss of value in their subprime mortgage loans, major mortgage ... the credit crunch squeeze. With the recent bank safety scares hitting Wall Street and now Main Street, bank [more...]
Date: 2008-10-03 06:35:30
Race based social engineering led to current economic crisis
Race based social engineering led to current economic crisis Diana West is one of the few with the guts to say it: ... for minorities. To implement this policy, banks had to overlook traditional markers of good and bad risk--credit histories, employment, down payments, etc.--thus opening up the housing market to loan [more...]
Date: 2008-10-06 07:25:01
It’s time to call your bank.
About a week ago, out of the blue, I had this feeling I should call my bank and find out what the current refinance rates were ... representative, he informed me that an FHA loan with decent credit would refinance at 4.875%. A Far cry from my current 6.66% rate! Not bad, but I don’t want an FHA loan. So after listening [more...]
Date: 2009-01-10 03:20:26
Afternoon Reading: Rethinking LTCM
Should the New York Fed have called together the big banks to recapitalize LTCM in 1998? ... threaten the global credit system. Bolstered by this sense of security, bad loans mushroomed.” Brad [more...]
Date: 2009-01-02 11:08:00
Afternoon Reading: Rethinking LTCM
Should the New York Fed have called together the big banks to recapitalize LTCM in 1998? ... threaten the global credit system. Bolstered by this sense of security, bad loans mushroomed.” Brad [more...]
Date: 2009-01-02 11:08:00
Will Homeowners Owe More Than Their Homes Are Worth?
Published:September 25, 2009Posted in: Real EstateTags:affect of bad loans, future home values, home ownership, home values, upside down home ownersComments Email This PostDigg it!Facebook Image Credit: www.frontdoor.comThis is scary news. According to Deutsche Bank, the percentage of homeowners they expect will owe more than their homes are worth by 2011 is going to be around 48%. They’re basing this on their assessment that home prices are going to continue to decline across the country, [more...]
Date: 2009-09-25 23:01:05
Markets won't Bottom until Banks Stabilize
It should be obvious to most investors that until the financial sector stabilizes and starts to post a meaningful rally, ... in other segments of credit, including revolving credit card and auto loans and now deteriorating ... . As I stated a few days ago, the market will probably not bottom until we see a combination of bad assets [more...]
Date: 2009-01-16 14:12:44
When America Sneezes, the Rest of the World Catches a Cold
Every day, we get more bad news about the global reach of the financial crisis ... banks worldwide, the global spread of the credit crisis from the United States has hit Iceland hard, particularly making it virtually impossible for the Icelandic banks to handle their foreign loans [more...]
Date: 2008-10-08 20:17:27
How to get credit moving, UK edition
We've had the SLS, the HM Treasury Credit Guarantee Scheme (CGS) ... the idea of 'bad bank' is being batted around, and is providing support for the share prices of Barclays, HBOS, Lloyds TSB and RBS, industry watchers are sceptical it will get loans to where they are most [more...]
Date: 2009-01-12 16:48:34
What You Need to Know About Refinancing
by Mary Bush Refinance loans allow you to take an old loan or several old loans, and redo your deal ... . It is the easiest way out of a foreclosure, but with bad credit, interest rates will be high. The current ... . In today’s economy, some banks are refinancing mortgages so that distressed homeowners can better [more...]
Date: 2008-12-19 19:08:13
What You Need to Know About Refinancing
by Mary Bush Refinance loans allow you to take an old loan or several old loans, and redo your deal ... . It is the easiest way out of a foreclosure, but with bad credit, interest rates will be high. The current ... . In today’s economy, some banks are refinancing mortgages so that distressed homeowners can better [more...]
Date: 2009-01-06 17:05:01
Credit Bubble bulletin ~ Nolan's analysis
A Divergence: The 2009 stock market has quickly come face-to-face with the reality that the worst of our banking system’s problems have yet to pass ... is now moving briskly. Citi management this morning announced a plan to create a new entity (“bad ... and is now backing $301bn of Citi’s real estate loans and securities. From Bank of America came the [more...]
Date: 2009-01-17 09:47:29
After the Bailout, Bank Stocks are a Bad Deal for Investors Now
The $250 billion bank bailout announced Monday is a great improvement on the $700 billion Troubled Asset Relief Program (TARP) ... have invested in troubled mortgage loans, relics of a home mortgage bubble that should never ... . You haven’t received Uncle Sam’s credit card bill yet. Under the new bailout plan, the government [more...]
Date: 2008-10-17 12:59:00
Credit Capacity Shortfall Could Stall Economic Recovery
The IMF says that while the worst may be over, banks have recognized less than half of expected writedowns. Excerpts from the IMF’s latest Global Financial Stability Report. (Emphasis added) For both banks and other financial institutions, the IMF calculates that actual and potential writedowns from bad assets such as loans and securities have fallen by some $600 billion over the past six months—from about $4 trillion to $3.4 trillion, as a lessening in financial stress has narrowed spreads. [more...]
Date: 2009-09-30 15:49:42
Does Bank Of America (BAC) Get The Next Bailout?
The Paulson/Bernanke bailout is now spreading across the financial system like a prairie fire in a stiff wind. AIG (AIG) got one deal ... on credit card, home, and auto loans increase, and commercial real estate and corporate loans fail ... of mortgages with its buyout of Countrywide, may not be a bad candidate. Neither is Morgan Stanly [more...]
Date: 2008-11-24 11:16:38
Monday: Bi-Partisan Bank Robbery?
I don’t pretend to understand Credit Derivative Swaps and financial ‘instruments’ and it looks like the people who have been playing with them for ... like the Home Owners Loan Corporation (HOLC) where the government would restructure and refinance bad mortgages from individual homeowners and make them affordable. The theory goes that if those [more...]
Date: 2008-09-22 12:26:24
Unique Banking Needs? Hogwash.
A topic I have become increasingly consumed with is the misconception and overestimation of financial services market fragmentation ... with a very stagnant set of customer/member needs and wants.This isn't exactly a bad thing for credit ... are all that "unique" and "distinct" as they pertain to financial services. We need loans, payment vehicles [more...]
Date: 2009-01-11 15:17:00
The Bad Paper Chase
And the handout/buyout craze continues. The Federal Reserve said Tuesday it will buy up to $600 billion in mortgage-backed assets in another attempt ... obligations from mortgage giants Fannie Mae and Freddie Mac as well as the Federal Home Loan Banks ... also unveiled a new program to help unfreeze the market that backs consumer debt such as credit cards [more...]
Date: 2008-11-26 00:46:42
Meet a self-described “bank terrorist”
Revolting (h/t: Moonbattery): Bruce Marks, founder of the leftist Neighborhood Assistance Corp ... “easy lending.” Listen to NACA’s pitch: “Come to NACA, and regardless of how bad your credit ... , while increasing the number of mortgages it restructures by lowering interest rates and extending loan [more...]
Date: 2008-11-20 23:53:27
So, an I-Bank Walks into a Bar…
The U.S. is (possibly? maybe? mos def?) straddling the cusp of an economic crisis, and what do our politicians do? ... should keep a close eye on what makes it into this thing: defaulted mortgages, fine. “Car loans, credit ... .” Oh, Nance, you kinky tart, you. Seriously, this is what we should be asking: How bad does [more...]
Date: 2008-09-26 15:43:39
To the rich go the spoils
By BJ One of the reasons that I'm highly skeptical that the economic downturn sparked by the credit crisis will be easily or quickly reversed is ... institutions, while putting taxpayers on the hook for trillions more in far-less-than-certain loan-backed ... at least $1.6 billion went that the executives won't be feeling too bad: Banks that are getting [more...]
Date: 2008-12-23 13:20:08
Credit Crisis Timeline
This is lifted from American Thinker, and by the way to the editor if you'd prefer I not take so much of the text leave comment or email me, ... to my article Why banks aren't the bad guysThe Growing Government Hand1933-1938President Franklin ... backed by the Federal government.1970President Nixon chartered Freddie Mac, the Federal Home Loan [more...]
Date: 2009-01-02 12:09:00
Payday loan, emergency cash money
Applying for a loan and getting it in your hands has a lot of gap in between ... salary should be above £1,000 per month - You should have a current checking bank account ... , depending on your income. The repayment term is usually a week to a month. If you have a bad credit [more...]
Date: 2009-01-03 00:33:35
First bailout of banks fails, so says Gordon Brown: "Lets do it again."
Now this is way past the levels of stupidity but Gordon is throwing more good money away on a bad idea ... selling of loans he just threw money at them.An example of how things can easily go wrong ... as evidence mounts that the £37 billion part-nationalisation last year has failed to keep credit flowing [more...]
Date: 2009-01-03 06:57:00
Another Reason for Cash Hoarding: Big Credit Default Swaps Market Test Imminent
Most observers have taken as a given that the increased disinclination of banks to lend to each other is counterparty risk, that is, ... have said that financial firms are unwilling to provide loans to each other because they know how bad ... to a Financial Times piece that discusses the upcoming settlement of credit default swap payouts [more...]
Date: 2008-10-03 04:35:15
FDIC: "Problem Banks" Reach 13 Year High
Gee,if you took it at face value, the FDIC's report, which says that problem banks increased by 46%, reaching a level not seen since the mid-1990s, says things are not as bad as in the savings and loan crisis. But of course, we are seeing ... 46 percent in the third quarter to the highest level in 13 years as the credit crisis battered [more...]
Date: 2008-11-25 18:56:30
Badcreditloanshop.com
.fullpost{display:inline;}The most common problem is financial. same financial problems that contribute to this problem in the bad credit loans ... for you to secede from debt in bank and also credit card, requirement of house, health, insurance ... of your family. Eliminates taste is anxious about debt, with bad credit loan of all your requirement [more...]
Date: 2009-01-13 09:47:00
Stanley Kurtz: HOW ACORN & ITS DEM ALLIES BUILT THE MORTGAGE DISASTER, and how Obama is right in the middle of it
UPDATED Please scroll down I didn’t have a chance to post on it yesterday, but Maria and a couple of friends sent this, ... to relax their credit standards as well, local banks would never make home loans to customers with bad ... to force banks into making high-risk loans to low-credit customers is still active. None [more...]
Date: 2008-10-14 12:37:34
“we’re in this mess, ultimately, because our political elites thought it was good social policy to encourage banks to give mortgages to uncreditworthy people, resulting in what Sailer months ago called the “Diversity Recession”
Read it and send it to eveyone you know! When I and my wife, a legal alien, bought our house, ... indulgence towards junk science. If the bank gave loans to white people like my wife with no credit, or bad credit, the bank would later look bad if was sued for discrimination, even if it was innocent [more...]
Date: 2008-09-25 15:28:49
Automobile Loans For Bad Credit In Woodward Oklahoma
by Thulas Sukati Auto loans seem to be the chosen method for many people to buy the car they desire without the need to use savings or any other ... it find out if there is anything that needs to be fixed as a bad credit or any error may affect ... . There are many resources through which you can get auto loans like dealers, credit union, bank, or online [more...]
Date: 2008-09-25 21:41:30
Bad bank Big risk and Bad Credit Home Loan
Ok, so maybe bad credit home finance is fewer akin. It originates at about the same time. I am eager to snoop to that wonderful opus again ... an unfinished home, you can keep your monthly bad esteem home credit payment low and also sink [more...]
Date: 2009-01-17 11:37:00
51 -
100
of
113
Posts
Page:
First
| <
Preceding
|
Next
>
0
|
1
|
2
