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

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BENEFICIAL SECOND MORTGAGE

Having a plan of purchasing new home also makes you face the deals of mortgage ... loan, bad credit loan, and many more. Go to the website and see the other scope of the service ... things so that you will not get the bad impacts of high interest that you should pay. Think [more...]

Date: 2008-11-13 07:31:03

debt consolidation and serious talk...

I noticed that my friends, (especially C & J)and I have been talking about serious matters in life ... consolidation or Personal Loan. Apparently, they need one because her husband would likely be deducted ... Payment # Avoid Bankruptcy # No Credit Checks - Bad Credit OK # Home Ownership Not Required [more...]

Date: 2008-12-10 19:54:00

The Roots of the Financial Crisis

The Roots of the Financial Crisis In the New York Post, ... and Freddie were willing to relax their credit standards as well, local banks would never make home loans to customers with bad credit histories or with too little money for a downpayment. So ACORN's [more...]

Date: 2008-10-13 15:05:32

Better Loan Options

We cannot deny the fact that we are having a tough economic times. It seems like everything could even go worse at the moment ... be more aware of our options when it comes to financing. Credit Cards for Bad Credit can be availed at Best Leading Lenders. With them, whether you are looking for a Personal Loan, Home loan or a Car [more...]

Date: 2008-09-30 02:31:44

Spruce Up Your Abode with Home Improvement Loan

by katie George Everyone has got dreams about his house. One dreams about how it should be, how would be the decoration and many more things ... an open door for the bad credit holders too. Bad credit holders only have to pay slightly hiked ... want to repair your kitchen or the drawing room, may want some new kitchen appliances or you may [more...]

Date: 2008-12-22 09:49:31

Venture Firms Pull Back, But Not for Long

Venture firms are sounding the alarm over what this current downturn might mean for their portfolio companies — and it’s not pretty ... , all as their personal wealth dwindles and banks decline to offer home equity loans or other lines of credit ... stay on the sidelines? As bad as things are forecast to be, my bet is that they won’t be there for long [more...]

Date: 2008-10-10 04:01:04

Bailout homeowners first: expert

by Frank James The ever compelling Dr. Nouriel Roubini, ... loans, credit cards, auto loans and student loans) while their assets (values of their homes ... themselves of the bad debt they're holding, he also believes what the feds priority should be to put [more...]

Date: 2008-09-19 13:38:28

Mortgage loans available

Last few weeks ago, I was really concerned about our economy ... With experts that can help you refinance with bad credit and keep you in your dream home, you would ... take advantage of bad credit mortgage refinance opportunities to give themselves more manageable [more...]

Date: 2008-10-21 04:24:20

Increasing Your Credit Score Fast

Increasing Your Credit Score Fast Filed under: Anything Goes, Finance With the economy not doing so well right now, many people are going to need better credit. It’s going to get tougher to get a loan if you have a bad credit score. Improving your credit will go a long way towards owning that dream car or home [more...]

Date: 2009-01-11 07:20:07

2nd Mortgage Rate

2nd Mortgage Rate August 12th, 2008 Subscribe To Our Feed Do you own a home? ... . Applying for a home equity loan can be quick and painless. Even with bad credit, it may still ... or to purchase a car? Right now, mortgage rates are at the lowest they have been in decades [more...]

Date: 2008-08-12 14:23:58

High-Rise Luxury Living in New York

New Rochelle apartments inspires you with soaring architectural edifices, upscale facilities, ... , Simplicity & Pleasure Secrets of Debts Free with Bad Credit Loans Make Home more Accessible Place [more...]

Date: 2009-01-16 22:23:23

Fast Funds for Emergency Economic

A tenant lacks the financial of owning the most valuable asset like a home, which can be most reliable security times of financial need ... this discrepancy in their services and have therefore, introduced the concept of the bad credit ... to be placed against a loan and suffers from a poor credit history. Some of lenders providing the good [more...]

Date: 2008-10-31 16:26:42

Dubai home loan debt incredibly low

Order my book online from this link Dubai’s sovereign debts have come under the microscope this week but nobody has highlighted the most unusual ... on home loans and bad debts for the banks. Dubai does not have this problem, or no more than a tiny ... conference: ‘The reality is that Dubai is not built just on credit. Dubai’s growth has been largely [more...]

Date: 2008-11-27 04:30:53

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

WOULD YOU BE WILLING TO INVEST IN A HIGH RISK LOAN FOR 28.75 % IF YOU KNEW THE PERSON HAD A GOOD JOB?

We have over 80,000 a year as well as we have a bad credit rating since of a illness emanate as well as a small not so intelligent choices. We have been perplexing to get a loan to compensate off all upon a credit (less than 7000.00) not counting a automobile loan (up in FEB 07) as well as a residence (we owe110,000 as well as it is value 135,000, though can’t get a home equity loan in TX b/c of a refiance usually 80% law.) We can means a remuneration of up to 475.00 a month. [more...]

Date: 2009-09-29 00:45:13

Wall Street bailout: Congress 'must move'

by Mark Silva With leaders of both Democratic and Republican House ranks blaming each other for the initial failure of a $700-billion federal ... if the government does not act to unlock financial markets frozen by bad mortgage debt threatening a credit crunch at every level of the economy, threatening everything from home loans to car loans [more...]

Date: 2008-09-29 21:35:44

Buying a home with creative financing

With home prices falling and problems in mortgage markets continuing, buyers and sellers both stand to benefit from creative financing ... broker, even with bad credit. Before the growth of the subprime loan market, there were swindlers ... ,” for home buyers who didn’t meet traditional qualifications because of credit, income or job [more...]

Date: 2008-12-21 14:31:04

Acronyms to watch for: Roubini supports Hillary's HOLC, not RTC/RFC solutions to financial crisis

Here’s a litmus test for whatever Congress comes up with as they huddle with the finance boiz over the weekend: HOLC good, RTC/RFC bad ... , credit cards, auto loans and student loans) while their assets (values of their homes and stocks [more...]

Date: 2008-09-20 19:22:53

Interest Only and Credit Card Debt

by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]

Date: 2009-01-01 10:19:52

Interest Only and Credit Card Debt

by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]

Date: 2009-01-06 08:22:54

Interest Only and Credit Card Debt

by Mary Bush Well, here is an example of the system that isn’t functioning as intended: a mortgage loan that encourages paying off one debt, ... as if to say, ‘You mean you can’t pay?’ What do these loan and credit companies think they’re going ... product, let’s give the bad credit crowd a chance to make an even worse decision, and finance a home [more...]

Date: 2009-01-05 15:03:54

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

Goldman Sachs Predicts Loan Losses Will Top $2 Trillion

Despite all the hoopla about stimulus plans and bailouts rescuing Americans’ home equity and retirement accounts, ... of $780 billion. Add in losses from commercial real estate, credit cards, auto debt and business ... on bad overseas loans that they hold. And it looks like more bad news about loan losses will be coming [more...]

Date: 2009-01-15 23:05:05

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

Obama Proposes Moratorium on Foreclosures

While Senator John McCain is urging the government to buy bad home loans, ... against foreclosures and an $800 mortgage tax credit per year for homeowners who fail to itemize ... , the Hope for Homeowners. The program encourages homeowners to apply for refinancing [more...]

Date: 2008-11-14 13:02:58

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

Bad house, car debts mount in O.C.

TransUnion, one of the big three credit bureaus, reports that delinquencies rose in the third quarter on homes and cars in Orange County but remained flat on credit cards. The ratio of home loans 60-days past due climbed to 4.6 ... % a year ago. Credit card 90-day lates were flat in O.C. at 1%. The chart (click on it for larger image [more...]

Date: 2008-12-17 11:00:03

Building Credit Repair

Building Credit Repair Building credit is more important now than it has ever been. If you have bad credit, it is often hard to get an apartment, a loan for a home, or any form ... is to apply for credit cards that offer no annual fees. Also, make sure the cards have low interest [more...]

Date: 2008-12-21 05:14:09

My First Home

My very first home on my own was a sailboat similar to this one (minus the seals). I loved the boat life ... be Advantage Home Rates. Then there are individuals who have bad credit, but still have a good job yet have had some bad luck along the way, but want to be a home owner. It is still possible to get loans [more...]

Date: 2009-01-12 16:58:00

$7,500 1st Time Home Buyer Tax Credit

$7,500 1st Time Home Buyer Tax Credit By admin | January 13, 2009 I got an e-mail about this and wanted to share some thoughts ... /homebuyerscredit.php The purpose of this is to stimulate the housing economy with a $7,500 interest free loan ... am saying its a bad thing.  But I think it is more of a neutral thing than it is a good thing [more...]

Date: 2009-01-13 13:28:57

Is Now the Time to Take Advantage of the Housing Crisis?

The following is a guest post from Rich Credit Debt Loan ... to offer you a loan that you can leverage to make that extra income. Unless you have perfect credit ... with images of foreclosed properties, falling home values and pretty much bad news all around [more...]

Date: 2008-06-26 12:55:13

Young people vulnerable to subprime car loans

A new car costs almost as much as what a home cost 30 years ago ... dealers love to advertise low rates or zero per cent financing, but that assumes you have good credit ... and the other with a bad credit rating– only qualified for a subprime loan at 18.5%. If all went well [more...]

Date: 2008-06-26 19:03:07

The Worldwide Credit Crisis

Recently in the UK Lloyds TSB has merged with the HBOS group which includes the old Halifax building society, BM solutions, IF, TMB ( ... to the satisfaction of everyone. What also will happen to the home owners who have a bad credit mortgage ... a large player in the financial market good deals on mortgages and lower rate loans could be impeded [more...]

Date: 2009-01-02 03:00:28

News and Blogs: Wednesday, November 19, 2008

5 Money Mistakes in a Bad Economy. Here are the mistakes: continuing to use credit cards, withdrawing or taking a loan from your retirement funds, paying for college without loans, grants, or scholarships, neglecting to invest, and taking home-equity loans. Bid to Ban Sale of Obama Tickets. Tickets to presidential inaugurations have always [more...]

Date: 2008-11-19 18:00:30

'Too Much House' Buyers To Be Rewarded?

The Treasury and FDIC are considering a plan to guarantee about $500 billion of bad mortgages in an attempt to reduce the total number of ... , and not their ability to afford the home. If homeowners also took out a home equity line of credit, no problem ... as 3 million loans into ones that homeowners would actually be able to afford (imagine that). In [more...]

Date: 2008-10-31 15:51:36

More hoops to jump through for enticing mortgages

Consumers rushing to refinance a home loan or get a new one to take advantage of the lowest U.S ... stellar credit. “This market has weeded out people with bad credit. That’s the difference,” said Ellen ... . mortgage rates in nearly four decades are in for a surprise: the new rates aren’t for everyone [more...]

Date: 2009-01-14 14:37:34

The Strategic Advantages Of Maximizing Natural Business Growth

By Donald Mitchell Growth can occur naturally . . . or it can be forced by using bad methods ... on unsustainable gimmicks to grow their businesses (such as zero percent interest car loans, 125 percent of assessed value home loans with teaser rates, and tripling interest rates on credit cards for those [more...]

Date: 2009-01-14 05:02:38

FHA Mortgage Lenders

Applying for a home loan for first time mortgage borrowers can be a daunting and treacherous task ... from a lender to a FHA. If we have bad credit, no credit, or simply not sufficient income to put ... . An alphabet soup family of difference is used: FHA, HUD, VA, and some-more can report a loan [more...]

Date: 2009-01-14 13:31:28

Wow, the Mother of All Bailouts Failed to Pass the House (Further Update: Carnage Assessments)

I'm actually quite surprised. The stock market in a panic. I wonder whether Paulson and Bernanke have a Plan B ... since the Great Depression. The crisis that began with bad home loans to subprime borrowers ... manages $5 billion in San Antonio. ``This is the worst we've seen it since the credit mess started [more...]

Date: 2008-09-29 18:23:32

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

Can't Anybody Play This Game? The McCain Campaign Defies Belief

You know, we have llike seen this before. On health care: ... to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those ... McCain started with a tax credit that was equal in aggregate to the additional tax he levied [more...]

Date: 2008-10-09 05:19:26

WHAT DO I DO ABOUT AN AUTO LOAN IF THE PERSON THAT COSIGNED FOR ME IS IN HOME HEALTH CARE FACILITY

Author: admin Filed under: Health LoanDate: Sep 26,2009 You compensate a automobile loan. They stranded out their great credit for you. No a single will worry him/her as prolonged as we do not screw it up. If we screw up, we hurt your credit as well as which bad essence will be hassled by a monetary institution. Don’t let which happen. Pay your impost upon time as well as no a single will worry him/her. we goal he/she gets better. [more...]

Date: 2009-09-26 13:09:01

FHA Guidelines On Bankruptcy

One of the most touching experiences loan officers go through when we conduct marketing campaigns seeking FHA mortgage prospects are the borrowers who call us wanting to buy a home for their family but they just have too much bad credit to overcome in order to qualify for even an FHA loan. Often they have a bankruptcy. First, here are FHA’ [more...]

Date: 2008-06-14 00:26:57

We’re Never Going To Go Back To The Heyday

The News Journal reports from Delaware. “For Delaware in particular, key industries are sensitive to national economic conditions ... a certain credit score. Deborah combined the No-Document Loan with another loan and was able to buy ... . That point has been hammered home in recent weeks with employers dumping bad news on workers. ‘” [more...]

Date: 2008-10-24 15:48:52

Borrowing for your home loan will get more expensive, Oct. 1

Thinking of buying a home this fall? You may want to close prior to October 1 or November 7, depending on who your lender is ... of their individual risk characteristics … And, if you’ve been bad (credit score under 720), you’ll pay ... quarter-point higher fees upfront. But, if you’ve been good (credit score above 720): Both [more...]

Date: 2008-08-20 14:00:40

FHA Loans- Affordability Solutions for First Time Homebuyers

Author: Jared Martin “FHA” and “First Time Homebuyers” are real buzzwords as far as home buying is concerned, ... . The intent of this article is to quantify the features of this loan, both good and bad, and discuss ... Housing Authority. Recent events in the credit markets have made the FHA loan a true affordability [more...]

Date: 2009-01-02 03:10:31

Countrywide On Brink Of Losing Lending License In Washington State

Countrywide Office In the latest of what seems like bad report after bad report for Countrywide, ... in the nation, and in fact largest lender in some markets. With today’s tightening credit markets, acquiring a loan to buy a home is getting harder and harder--now take out the top lender and just think how [more...]

Date: 2008-06-26 20:07:00

HOUSING PUSH FOR HISPANICS SPAWNS WAVE OF FORECLOSURES

For years, immigrants to the U.S. have viewed buying a home as the ultimate benchmark of success ... loans, which carry high interest rates and are tailored to borrowers with low credit scores or few ... the housing boom. But when these markets began to weaken, bad loans depressed the value of neighboring [more...]

Date: 2009-01-06 13:19:54

Credit Ratings Are Often Underestimated

People know that getting into debt can be a bad thing ... underestimate their credit. They figure that if they aren’t financing a vehicle or looking at buying a new home, then they don’t have anything to worry about. Credit governs interest rates and loan [more...]

Date: 2008-12-08 17:01:07

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