Bailout developments reax
By TigerHawk at 9/24/2008 08:43:00 PM The president's speech was useful and important ... president could say: Easy credit — combined with the faulty assumption that home values would continue to rise — led to excesses and bad decisions. Many mortgage lenders approved loans for borrowers without [more...]
Date: 2008-09-25 01:46:48
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Topics In First Time Mortgages Explained
Topics In First Time Mortgages Explained Posted By Chris Channing on @ 11:30 pm by Chris Channing When it comes time to buy a house or vehicle, ... locations. Having a bad credit score often hinders many from even attempting to obtain a mortgage loan. This shouldn’t be a deciding factor, since many lenders these days expect most to have a less [more...]
Date: 2008-10-21 04:30:38
The Sand States
Here are excerpts from "The End" in Portfolio by Michael Lewis, author of Liar's Poker, on the financial collapse ... in asking homeowners with bad credit and no proof of income to put no money down and defer interest ... states. The loans would have been made by one of the more dubious mortgage lenders; Long Beach Financial [more...]
Date: 2008-11-12 00:44:27
When You Are Eligible For A Free Credit Report
By Federal law, you are entitled to one free credit report per year directly from a credit-reporting agency only if you certify that: 1 ... to know, whether you need a new credit card, an auto loan, or a mortgage. Lenders use your credit scores ... to obtain the best rates. Bad credit costs thousands of dollars! About The Author Virginia Broobin [more...]
Date: 2008-12-27 07:59:27
Your Lenders And Mortgage Brokers Information To Better Assist You With Your Loans
Mortgages are offered or promoted by various kinds of lenders. Your loan can be obtained from mortgage brokers, banks, credit unions and mortgage bankers, where ... . This normally includes discovering customized or tailored “Bad Credit” mortgage programs [more...]
Date: 2008-12-23 14:29:49
Mortgage Confidential: Co-borrowers' good credit won't erase your bad
Mortgage Confidential: Co-borrowers' good credit won't erase your bad David Reed Jul 17th 2008 Filed under: Real Estate, ... who had the bad credit. Lenders understood that, just like other consumer loans, if something went awry ... , "I've got terrible credit but my Uncle said he would co-sign for me" and we would put together [more...]
Date: 2008-07-17 20:01:06
Mortgage Loans
There are times when we were not able to fulfill our dreams at the right time ... and it is very vital to move a single day in this planet.Many people with bad credit are affected by financial problems a lot.Since most lenders will not sanction loans for people with bad credit [more...]
Date: 2008-10-15 00:28:17
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
Poor Credit Scores And House Loan Possibilities
When applying for a mortgage as part of your overall preparation for home ownership, your credit score is vital ... (FHA) home loan. In this article, we’ll cover both options. 1. Sub-prime lenders who offer “bad ... that loan is going to cost you in interest over the life of the loan. If your credit score is below [more...]
Date: 2009-01-11 17:39:12
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
Mortgage Chatter for the last day of July: Covered bonds, Pres. Bush signed the bill - now what?
“People need good lies. There are too many bad ones.” So chimed in Kurt Vonnegut ... . of Colorado. Mercury’s lenders pulled their line of credit after Mercury failed to meet loan requirements ... if the mortgages go bad, the bank must step in to ensure that bond holders get their interest. Put another way [more...]
Date: 2008-07-31 12:19:55
Is Vacation Ownership Immune from the Credit Crisis Cold?
I wrote this article for ARDA’s Development’s magazine in the summer of 2008. Unlike auto loans, mortgages and other consumer credit, the performance of Timeshare receivables ... to autos to student loan debt. Lenders are bracing for bad news in the timeshare industry as well [more...]
Date: 2009-01-15 16:07:27
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