UPDATED: Senate buys into the Wall Street buy out… Obama: John Q Public too stupid to know what’s good for country… George Soros says buy out won’t fix credit problem
Putting increasing pressure on the House “no” voters to fall in line, the Senate voted (74-25) overwhelmingly in favor of a $700 bil government purchase of bad debt from Wall Street … with lots ... (increasing FDIC insurance limits). The basics remain the same. The government will buy bad assets [more...]
Date: 2008-10-02 02:59:48
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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
Closing Out Ten Odd Lots
1) Do you need new investment ideas? John Dorfman’s column at Bloomberg is back. There are some good ideas in the second column ... credit for political gains. Some of the debt proceeds are used to buy up other bad debts, others ... is doing will cause more harm than good, because they delaying the reconciliation of bad debts. 3) We must [more...]
Date: 2009-01-09 03:03:38
Illinois Mortgage Rates Weekly Update
Welcome to Illinois Mortgage Rates and News week in review for the week ending September 26th, ... Street down to Main Street, and the fear is that if this isn’t resolved soon, it will cut off credit ... up to $700 billion of tax payer money to buy up the bad debt, it will recapitalize the banks [more...]
Date: 2008-09-27 17:40:18
Cash Rules!
If you ever doubted that debt-proof living is the only way to live ( ... emergencies, and not relying on credit), wonder no more. Things are so bad for retailers, they’re gasping ... to upgrade and others to buy for the first time. And cars … oh my. The bargains out there. But here’ [more...]
Date: 2008-12-24 18:32:02
Car Loans
by Amanda J. Keppel Buying a car needs a reasonable amount of money which many persons cannot afford ... face problem of an adverse credit history. The lenders hesitate in offering a car loan to bad credit ... . Taking help of the car financers or dealers does not work as a good option. They charge high [more...]
Date: 2008-06-22 22:33:47
Ken Lewis and the ‘Damned Disaster’
The broken windows theory: shattered glass at Bank of America’s tower in 2007. (Reuters) ... has agreed to buy a major investment-banking powerhouse beset by bad bets on debt securities (Merrill ... . With the credit markets still seized up and the government throwing money from helicopters [more...]
Date: 2008-10-07 17:29:08
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
Should You Invest In REIT?
With the current housing market meltdown, it’s hard to think about investing in real estate ... with maintenance — i.e., answer midnight phone calls to go fix the toilet. You don’t have to deal with bad ... . Moreover, the current tight credit market and lack of cash makes it even harder to buy [more...]
Date: 2008-10-23 03:39:11
Foreclosure How To Buy The good And Bad
by Steven McCarthy When most people think of Foreclosure how to buy Bank Pre Foreclosures, they think of stories we have all heard, ... of a ruined credit rating are grateful when an ethical foreclosure investor approaches them ... owner has the opportunity to sell their property before a foreclosure can damage their credit [more...]
Date: 2008-07-30 16:08:21
Repair your credit at repairyourbadcredit.com
.fullpost{display:inline;}Having a credit or loan is a must now ... history bad, it will make them difficult to apply for other credit in the future and if they want ... . By having a credit or loan, we could fullfill what we want, such as; buying household needs [more...]
Date: 2009-01-15 23:49:00
Top Keyword Adsense
Top Keyword Adsense Top Keyword Adsense weal.. Daftarnya kata kunci mahal: Max CPC ($) Avg CPC ($) Keyword 520.52 97.44 domains yahoo 418.63 79 ... at and t organic unit phones 37.59 22.61 refinance by bad credit 103.19 22.47 malign mesothelioma ... 34.13 most wise buy dower card 96.87 31.10 disastrous credit remortgage 234.33 30.98 mesothelioma [more...]
Date: 2009-01-15 14:02:51
Why would anyone buy a home today?
From MarketWatch: Home buyers advised to look before they leap Fox-Pitt Kelton home-builder analyst Robert Stevenson said Wednesday he thinks this year will turn out to be “a bad time to buy a home” as the U.S. economy loses more jobs ... or no down payment and shaky credit scores are long gone. For buyers, the big fear is purchasing [more...]
Date: 2009-01-07 18:21:09
A Chicken Bailout in Every Pot (Car Loan Edition)
Since the TARP has a very big checkbook and a very broad mandate (it can buy any kind of dud loan it chooses to, plus bona fide assets) ... or that market liquidity is hurting pricing. From Reuters, "Finance companies want US to buy bad auto ... auto loans to the government as part of Washington's sweeping plan to restimulate credit markets [more...]
Date: 2008-10-15 07:06:08
How to Find the Right Mortgage
by katie George A mortgage that is properly suited to an individual’s needs when buying a home can save the individual thousands while a mortgage ... be considerably more or less by the end of the mortgage. Individuals who have no or bad credit ... one is the right one. First one needs to understand the different options available to them. For people [more...]
Date: 2009-01-07 00:31:19
Was the Bailout Too Costly?
Was the Bailout Too Costly? Written by Credit Karma October 13th, 2008 at 10:25 PM CDT No comments According to numerous sources at this point, ... of the issue, which is fixing the housing crisis and creating jobs.” She was quotes as saying in a recent ... as $700 billion dollars to buy off bad mortgage security as well as other devalued assets that [more...]
Date: 2008-10-14 04:26:06
In Case you Missed it…
Welcome to the this week’s edition of In case you Missed it. Let’s get started looking at the week that almost wasn’t on RT, shall we? ... out, Credit Crisis? What Credit Crisis? The question is, was Congress punked? I mean - How could ... : the Financial industry gets $700 billion dollars where the government buys bad debt or in other words [more...]
Date: 2008-12-21 16:31:34
Hyperventilating on the Bailout
Treasury Secretary Henry Paulson (WDCpix) ... , they were shocked at the subsequent reaction in credit markets. Sorting out claims was far harder than ... the industry by buying up its bad assets. The $700-billion price tag was just a guess. The terms [more...]
Date: 2008-09-30 20:00:31
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
Arguing about bank nationalization
We’re edging towards nationalizing the banks. First, the government announces plans to insure loans to small businesses, saying that credit insurance markets fail in recession - which makes them as useful as umbrellas that don’t work when it’s raining. And now, it is thinking of buying banks’ bad assets, thus saying [more...]
Date: 2009-01-16 16:08:59
Treasury Opens Vault; Gangs of Robbers Rush In
Treasury Opens Vault; Gangs of Robbers Rush In By Robert Higgs at The Independent Institute As the fierce lobbying and politicking proceed on ... banks, ostensibly to relieve the so-called credit crunch. Other plutocrats resented being left ... . As the New York Times reports today, “nobody wants to be left out of Treasury’s proposal to buy up bad [more...]
Date: 2008-09-23 01:55:27
Prefab Housing: 2 Diamonds (SKY, CHB) In The Real Estate Rough
Sometimes the worst markets hide the best profit opportunities. And you don’t get much worse than the housing market at the moment ... for buying stocks in bad industries. Jeremy Siegel, one of Wall Street’s best investment minds, said ... at a steady clip for one obvious reason: in today’s credit crunched economy, people are looking for low-cost [more...]
Date: 2008-11-14 11:34:02
So, What Is A PMI?
Buying a home is a realization of a life long dream and for many a symbol of “making it” in life ... of the American and the world economy; many experts believe. Consumers with bad credit wishing to attain ... in order to recover the lost costs of the loan. Mortgages were a favourite way of buying homes before [more...]
Date: 2008-09-17 09:42:48
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
Best Tips and Advice on Car Loans
by Amanda J. Keppel Buying a car needs a reasonable amount of money which many persons cannot afford ... will be quick. A personal car loan can be availed by you despite your bad credit record. But to avail ... . Taking help of the car financers or dealers does not work as a good option. They charge high [more...]
Date: 2008-06-15 18:32:14
Credit Crisis Fallout: Investors Leery of Buying Government Debt As Calendar Grows
One of the underlying assumptions of the Fed's and many other central banks' response to the credit crisis is that it can be halted, ... to be liquidated or merged), spun the bad assets off into a liquidation vehicle, recapitalized ... priority on purging bad assets (Schwartz recommended letting insolvent firms fail, while the Japanese [more...]
Date: 2008-11-15 05:17:29
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
A Legion Of Pickpockets
It just never ends:Finance companies want US to buy bad auto loansWASHINGTON, Oct 14 (Reuters) ... auto loans to the government as part of Washington's sweeping plan to restimulate credit markets ... companies, including major auto affiliates like Ford Motor Credit Co, the financial services arm [more...]
Date: 2008-10-15 16:42:00
To Reiterate: The Bailout Won’t Help the Big Three Unless Folks Start Buying Cars Again
More bad news for Detroit: Toyota announced yesterday that it expects to lose $1 ... and “smaller, more fuel-efficient cars,” the message is clear: In this economy, folks aren’t buying any cars — not even Toyota Priuses — largely because they can’t access the credit to finance [more...]
Date: 2008-12-23 16:02:11
Quote Of The Day And PSA
All in one… From Michelle Malkin on McCain’s big revelation during the debate last night: “McCain wants to spend $300 billion to buy up bad mortgages…This was his supposed “game-changer.” ... at least $300 billion.” That’s not the QOTD….This is: “Getting credit is not a constitutional right [more...]
Date: 2008-10-08 12:08:53
Switzerland Pumps Billions Into Bank System
AP Like Swiss chocolate, Swiss watches and Swiss knives, Swiss banking had a reputation for high standards and top quality ... will go to create a $54 billion fund to buy bad securities backed by subprime U.S. mortgages ... from the Swiss tradition of cautious money management. UBS and the country's second-largest bank, Credit [more...]
Date: 2008-10-19 15:21:55
Life goals for 2009
This time last year, I had three New Year resolutions: pay off all consumer debt in four months, ... : Never miss payments on credit card and mortgage loan. Last year, I had two late payments ... two steps backward and one step forward in personal finance may not always be bad. Like buying [more...]
Date: 2009-01-03 01:00:32
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
House approves bailout: $700-billion-plus
by Mark Silva and updated at 3 pm With the House's second and successful vote on a $700-billion federal rescue of the nation's financial markets ... at freeing a freezing credit market for businesses and consumers alike. It authorizes the Treasury to start buying as much as $700 billion in bad mortgage-related debts from banks and other financial [more...]
Date: 2008-10-03 19:06:58
Chapter 13 Auto Loans
WashingtonAutoCredit.com has been helping people in Chapter 13 Bankruptcies buy cars since 2003 ... :Buy a Car with Bankruptcy it is Easier than you think. Some people think of a Bankruptcy as a last resort....Car Dealers Lie to Another Customer with Bad Credit It happened again. We had a couple [more...]
Date: 2009-01-09 19:22:40
30 Ways to Save a Dollar a Day
This is a list of ways to save about $30 a month or a dollar a day. If you can do a couple of these, then you can save even more, like 60 or 90 ... the difference goes into savings 17. Call credit card companies to get a lower interest rate – calculate ... ) 6. Cut back on a bad habit – reduce smoking by ½ pack, buy fewer drinks when going out, cut the [more...]
Date: 2008-12-29 17:18:25
Leituras
“The Goal Is Freedom: Theory and Crisis” de Seldon Richman What might be even more distressing than the current buildup of the corporate state in ... banks’ bad mortgage-backed securities, it will inject liquidity into the credit markets and improve ... through promotion of easy home-buying and implicit guarantees to lenders and underwriters, including [more...]
Date: 2008-10-13 08:43:21
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
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
TheCramerReport.com's Mad Money Recap - December 9, 2008
TheCramerReport.com's Mad Money Recap - December 9, 2008 Submitted by just another Cramerholic on Wed, 12/10/2008 - 19:31 ... . Otherwise, he wants you to sit and wait while overly bullish people buy bad stocks, and overly bearish ... of their equipment to us. All sales in the third world are backed by a line of credit. Cramer [more...]
Date: 2008-12-11 00:31:24
Bryan Ellis On Subject-To Real Estate Investing: 7 Big Problems
Bryan Ellis On Subject-To Real Estate Investing: 7 Big Problems Posted By Bryan Ellis on @ 1: ... ever wanted a way to buy an unlimited number of properties without using your own credit ... to the seller’s mortgage, but it’s a very bad policy to give a seller this impression. Instead, make [more...]
Date: 2008-12-01 13:46:57
No getting laid in the NYT
Rob Walker's "Consumed" column in the NYT Magazine on Sunday (9 November) looks at prepaid credit cards, in particular the Prepaid Visa RushCard, "the product of a partnership between Unifund (a Cincinnati company best known for buying up and collecting on bad debts [more...]
Date: 2008-11-12 15:59:03
Buy a New Auto!
Very Eager to buy a new car but the budget seems to be not enough? ... rates, but worry no more! Because this Car loan service gives people an instant car with very low ... auto loan online. Dont worry about auto loans for bad credit, cuz getthebestautoloan.com will help [more...]
Date: 2008-12-18 22:19:00
$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
Cell Phones For People With Bad Credit
Most cell phone companies have come out with two different types of billing. The first is prepaid, and the other is continuous billing. With prepaid plans, you buy your minutes beforehand and you can... [more...]
Date: 2009-01-15 21:15:25
Rear in (5th) Gear 09 - Week 2
I am en feugo with my productive self. That probably made no grammatical sense, so if not - mea culpa. Anyway, what started as one task ( ... : - Revise resume - Shop for bed - Cash in credit card points for Visa gift card (to buy bed ... . (I could make a joke here about the 'charity pick-up' that turned into the first bad date of 2009, but I'll [more...]
Date: 2009-01-05 18:54:56
Asia could see widespread credit defaults soon
Anyone still want to buy the "de-coupling" economic theory? ... be forming among small and medium-sized companies in Asia, raising the spectre of a pile of bad loans ... up. Several Hong Kong companies have shuttered factories in China, including home appliance maker BEP [more...]
Date: 2008-10-23 04:15:04
Disposable Savings
Do you happen to be an employee of a company that offers payday loan? ... . What if it is you, employee or not, you want to buy something, for example a gadget that yoy wanted so bad yet you don’t have enough cash? Good thing there are credit card companies who offer their proud service [more...]
Date: 2008-11-01 06:27:49
A December to Forget for the Auto Industry
You've seen the commercials: Mr ... it an ideal time to buy are new car for a shopper who has a stable job and good credit." The gift-themed ... of all the bad commercials. Despite what anyone on your "nice" list might tell you, December sales don't [more...]
Date: 2008-12-18 22:40:53
New Hyundai Incentive: No-Penalty Return if You Lose Your Job
Assurance Losing a job is bad. Losing a job shortly after buying a new car is worse ... of transportation and put that money toward a down payment? What becomes more important: your credit score [more...]
Date: 2009-01-05 18:30:13
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