What is a second mortgage?

For many of us, money can get tight every now and then. We have felt the pinch, and many are feeling it now ... is repaid in a single reduced monthly installment. No matter how bad one’s credit history is, getting ... for you.  A second mortgage refinancing not only gives convenience, but also saves you money. [more...]

Date: 2009-01-14 04:24:16

Blog posts (7) | Videos (6)
 

Residential Mortgages (part 1)

Donna Elizabeth Lewczuk asked: a residential mortgage in today’s market can seem like a daunting task ... lending institutions, even for those with bad or less than perfect credit. There is also often ... or not you are self-employed and have verifiable income or if you have a bad credit history will also determine [more...]

Date: 2008-11-18 15:54:42

What Determines Your Home Mortgage Loan Qualifications

When underwriters consider your home loan application and credit history, they generally look for 6 basic factors ... in this requested home loan with previous loans (from credit cards, school, car, etc.), they’ll establish a debt ... is pulling the potential borrower’s credit record. This history shows not only the bad things [more...]

Date: 2008-12-30 15:28:20

Iowahawk Debates: the Credit Bailout

The subprime mortgage crisis rocked Wall Street again last week, ... like Dave Burge lied to us about their credit histories and collateral, and now we are stuck with bad ... , IOWAHAWK Linda, we both know that credit is the lifeblood of the American economy. But today [more...]

Date: 2008-09-24 15:32:37

$700 Billion for Disastrous Financial System Bailout

Bush is seeking $700 billion to buy “bad mortgages” in the largest bailout in history ... they are truly worth, drying up markets for mortgages and resulting in “frozen” credit markets. But even [more...]

Date: 2008-09-20 16:53:01

The Vegas Decade

As I research the history of the mortgage meltdown, it's funny how often Las Vegas takes center stage ... -down option to borrowers with blemished credit. The FHA isn't a direct lender, but guarantees loan ... with bad credit to put money down on a house is UnAmerican and probably racist, at a homebuilder's [more...]

Date: 2008-11-21 10:32:00

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

7 Results