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

Blog posts (7) | Videos (6)
 

The Fannie/Freddy bailout

It’s almost as if the feds are trying to flush the economy down the crapper ... holders of U.S. Treasury bonds. -Higher rates are bad for anyone with a mortgage, credit card debt, a home equity loan, a margin account, etc. -Higher rates also increase the government’s debt burden [more...]

Date: 2008-07-15 01:21:54

MORE FINANCIAL BLARNEY FROM OBAMA AND BARNEY

Now that Barney Frank and his Democratic friends have brought down the banking industry by forcing banks to give loans to people who couldn't afford ... . It grew out of charges that banks were "redlining" entire inner-city neighborhoods as bad credit risks ... laws so that Judges could arbitrarily reduce interest AND principal of home loans. Hey I lost [more...]

Date: 2008-10-07 01:18:10

Emergency Cash Loans For Unemployed - No Fear of Emergency

Everybody has to pass through hard days. No one is secure against emergencies ... accident, current shock, sudden broke down the car, home decoration and repair at the time ... the reason of loan taking in your online application form. No matter, if you have bad credit in your past [more...]

Date: 2009-01-15 05:53:55

Finding Money for your Borrowers

With the credit crunch in full swing, investors should start to pay attention the the lending options available to their buyers ... with a down payment.  While this is not a bad thing long term it certainly is not good for sellers come ... Rural Home Loan Program has been an alternative solution for those that buying and selling homes [more...]

Date: 2008-08-07 22:30:34

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

Houses, Credit Reports, Lenders….ACK!

Wondering about buying your first home? Are you ready to move up or down-size? Have you heard they aren’t making loans any more? ... gift’ you cash for a down payment. AND *You don’t need stellar credit with FHA loans! Bad things ... your needs. *Good credit; your credit score needs to be 620 or higher, in most but not all cases. FHA [more...]

Date: 2008-11-08 12:00:06

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