The choice: getting out of the credit mess, or sink into a depression

One of the most alarming things about all the bailout talk is that the Community Reinvestment Act is still in the books . Why should this matter? ... or employment history and little or no savings or credit history. The intellectual start of this mess ... Because it’s at the heart of the current credit crisis. Harvey Golub writes in today’s Wall Stret [more...]

Date: 2008-12-09 14:27:33

Blog posts (6) | Videos (2)
 

Race based social engineering led to current economic crisis

Race based social engineering led to current economic crisis Diana West is one of the few with the guts to say it: ... for minorities. To implement this policy, banks had to overlook traditional markers of good and bad risk--credit histories, employment, down payments, etc.--thus opening up the housing market to loan [more...]

Date: 2008-10-06 07:25:01

4 Free Reports With Your Personal Insurance, Employment, and Tenant History

Most of us know about the free credit reports from AnnualCreditReport.com. This is mandated by the Fair and Accurate Credit Transactions (FACT) Act, which basically says that consumers should be able to see (and dispute) the massive amount of information contained in private corporate databases. But in addition to credit information [more...]

Date: 2008-06-04 11:08:42

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

Unsecured Personal Loans Don’t Need Collateral

by Dave Davis Putting up the collateral for a loan is often a very scary experience ... that have a solid credit history. For people that have bad credit, there is another type of unsecured loan called a payday loan. As long as the borrower is employed and has a checking account, they can usually [more...]

Date: 2008-10-15 18:59:28

Countrywide Home Loans is killing me

First a little history: November 16, 2007 I had major surgery and my employer let me go on my first week home on disability ... , and executive employment can be hard to find. I lived off credit for 9 months increasing my debt to a crisis ... yet they assigned the data to only one of the loans causing more delay (they kept saying [more...]

Date: 2009-01-17 20:06:52

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