Socialism Is Everywhere

by hilzoy In a stunning reversal, John McCain today endorsed the redistribution of wealth: " ... do, and that's go in and buy out these bad mortgages, give people mortgages they can afford, stabilize home values and start ... : "He will commit a $5,000 tax credit for each and every customer who buys a zero carbon emission [more...]

Date: 2008-10-29 05:48:29

Blog posts (36) | Videos (30)
 

“we’re in this mess, ultimately, because our political elites thought it was good social policy to encourage banks to give mortgages to uncreditworthy people, resulting in what Sailer months ago called the “Diversity Recession”

Read it and send it to eveyone you know! When I and my wife, a legal alien, bought our house, ... indulgence towards junk science. If the bank gave loans to white people like my wife with no credit, or bad credit, the bank would later look bad if was sued for discrimination, even if it was innocent [more...]

Date: 2008-09-25 15:28:49

Bad Credit Loan Mortgage Foreclosure Information

Many people are delaying their obligation to get auto insurance. Well, auto insurance is important for today, because this is the right help if you get any kinds of auto emergency, such as theft and accidents that have become regular problems [more...]

Date: 2009-01-15 08:23:07

Concerns Of Home Buyers

by James Weekson There are many who want to purchase a home, but are scared after hearing all of the talk about how nobody is lending money and for people with a bad credit rating that of course means there is no way of obtaining a mortgage. First of all, there will always be a company around that will lend money and even though high end banks often restrict the amount lent out and to whom they lend money to, there are always other options available. [more...]

Date: 2009-09-27 17:36:13

You know, maybe “vulgar” libertarians have a point on this one?

By Thoreau I don’t claim to understand all of the intricacies of the mortgage crisis, ... directly or indirectly through various financial instruments) the risk of too many bad mortgages ... , and then it will be harder for people to get credit, whether for consumption or starting new businesses or going to school [more...]

Date: 2008-09-24 04:27:15

Concerns Of Many Home Buyers

by James Weekson There are many who want to purchase a home, but are scared after hearing all of the talk about how nobody is lending money and for people with a bad credit rating that of course means there is no way of obtaining a mortgage. First of all, there will always be a company around that will lend money and even though high end banks often restrict the amount lent out and to whom they lend money to, there are always other options available. [more...]

Date: 2009-09-28 07:45:51

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

9 Reasons for a good credit rating or FICO score

Does my credit rating really matter? That question goes through a lot of people's heads as they max out their credit card or don't pay their automobile payment Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events and community [more...]

Date: 2008-12-22 12:51:43

How to Repair Bad Credit – Find Out Just How Easy This Can Be

Lower credit scores are the result of minimum payments, late payments, too many cards and not enough income, and bad financial planning. Most people who have a credit card can not afford the lifestyle they live, and end up using most of their monthly income on credit cards…Last 5 posts by LendingTree Says Google's Getting Into Mortgage Quotes - September 11th, 2009U.S. [more...]

Date: 2009-09-12 06:00:56

Health Insurance Plans qualify Coverage

People always delayed and denied their rights to have health insurance, whereas this is important for our life ... York Auto Insurance Premiums Information (0) January 15, 2009 — Bad Credit Loan Mortgage Foreclosure ... company). You can also rise up after the bad illness moment. If you need more information before [more...]

Date: 2009-01-15 08:32:16

Strategic Mortgage Defaults on the Rise

Strategic default— walking away from your home and mortgage —is getting more common. The interesting part is who is doing it: according to a recent study, people with good credit. For such consumers, strategic default may be the best of a range of bad options. The same study found that 588,000 people walked away from their mortgages in 2008, far more than the industry thought. And most of them seem to understand what they are doing—they just do not have any better option. [more...]

Date: 2009-09-25 16:39:05

Commercial Real Estate Mortgage

There are different types of loans that are available in the market; while some loans are meant for personal requirements of an individual, ... risks by providing loans to those people, who have a bad credit record. The financial institutions ... for their business needs. This type of loans is highly in demand with all the people who are involved [more...]

Date: 2008-12-19 23:06:31

When you should use a credit repair agency.

Credit has become a very important part of peoples live in todays age. If you have bad credit you are familiar with having closed doors to loans, bank cards, credit cards, car financing and mortgages. Now all is not lost and you have the option to start fixing your credit. [more...]

Date: 2009-09-29 18:23:10

When you should use a credit repair agency.

Credit has become a very important part of peoples live in todays age. If you have bad credit you are familiar with having closed doors to loans, bank cards, credit cards, car financing and mortgages. Now all is not lost and you have the option to start fixing your credit. [more...]

Date: 2009-09-29 18:23:10

2007 Vs 2009

“The 14 Biggest Differences Between Investing NOW & Investing Pre Dec 2007” ... shortfalling properties, low yields and bad credit scores 2) Pre 2007: People were talking about growth ... in this 14) Pre 2007: Mortgage rates would change slowly, incrementally & infrequently. Cred [more...]

Date: 2009-01-16 14:06:40

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

Commonsense Regulatory Ideas Ignored Prior to Mortgage Meltdown

What continues to bother me about the financial crisis is that so many people saw the warning signs and yet so many others refused to pay attention to the risks. A new AP report reveals the extent to which the Bush administration ... 2006: Regulators told bankers exotic mortgages were often inappropriate for buyers with bad credit [more...]

Date: 2008-12-01 14:25:05

Need Help With Money

It’s normal for people to make mistakes when it comes to money, but with the economy being in the state it is in now, ... get access to auto loans, credit cards, mortgages, and student loans.    Keeping your credit rating high ... you may need to correct some of your bad money habits to survive the recession. The most common [more...]

Date: 2009-01-16 01:57:49

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

There Aren’t Necessarily Any Villains In Mortgage Collapse

Megan McArdle expresses some surprise at the small amount of fraud that’s been exposed by the collapse in the credit markets, ... chance that they might have been able to get out of their bad positions and stay solvent ... people their fund was okay the month before it went belly up. This was a bad thing, and the people [more...]

Date: 2008-11-28 15:19:33

BIG Problems Need Simple Solutions; A Bailout Plan that Works

Two months ago, hardly anyone knew of credit default swaps, commercial paper, mortgage backed securities, and mark to market accounting ... removed from Wall Street and Capitol Hill. People took out loans that were leveraged against property ... , what we desperately need is a simple solution for people who borrowed too much money and made a bad [more...]

Date: 2008-10-10 20:38:59

3rd Wave of Foreclosure Hits The Jobless

People With Traditional Mortgages Who Have Lost Their Jobs Are Now Facing Foreclosure (CBS) ... up. With a government job, good credit, and a 30 year fixed rate loan on her southern California house, Judy ... swept up are not greedy investors, or people who got in over their heads with bad loans, reports CBS [more...]

Date: 2008-11-29 06:00:20

Monday: Bi-Partisan Bank Robbery?

I don’t pretend to understand Credit Derivative Swaps and financial ‘instruments’ and it looks like the people who have been playing with them for ... like the Home Owners Loan Corporation (HOLC) where the government would restructure and refinance bad mortgages from individual homeowners and make them affordable.  The theory goes that if those [more...]

Date: 2008-09-22 12:26:24

Ten Mortgage Tips I Learned From Past Three Home Purchases

Bottom Line: I highlight some of my personal lessons learned from three home purchases conducted over the past six years. 1 ... , PhD. First third of book is dedicated to people that need help with credit or qualifying for expensive ... for a quick initial review. 2. Bad U.S. economy news is good news for you when you’re floating [more...]

Date: 2008-12-25 15:00:00

The Problem with “Maxxing Out”

As we all know, there are lots of people who are in deep trouble with their mortgages ... they go?) until the sheriff shows up at the door with the eviction notice. Bad news all the way around ... Equity Line of Credit (HELOC) which comes complete with a checkbook and debit cards that look [more...]

Date: 2009-01-06 23:08:39

Shopping and Saving Money...

Oh, for the good old days when people would stop Christmas shopping when they ran out of money. ~Author Unknown So... ... has a mortgage, we own everything. No loans. No credit card debt. We lived on hand-me-down furniture ... . I thought -- heck, it's NOT the weekend, and it's early in the morning, it shouldn't be too bad. WAS I EVER [more...]

Date: 2008-12-06 10:17:42

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

Banks and Consumers Are the Problem, Not Bad Assets

Treasury Secretary Henry Paulson announced that he has shelved the original plan to buy troubled mortgage assets via the recently approved $700 ... loans, student loans and credit cards. This is creating a heavy burden on the American people [more...]

Date: 2008-11-14 12:14:14

What up Party People?

Firstly...Happy New Year to all.Secondly...I know what you're thinking...where are the baby bump pics?? ... of the kiddos, working, and embarking on a massive credit clean-up so that my FICO score will be mortgage ... anyway.My heartburn is awful, I only throw up occasionally now, and my sciatica is so bad I can barely [more...]

Date: 2009-01-02 20:33:00

The Bad Paper Chase

The Bad Paper Chase November 26th, 2008 admin And the handout/buyout craze continues ... such as credit cards, auto loans and student loans. By all means, let’s just keep buying up debts from people ... Loan Banks. It also will purchase another $500 billion in mortgage-backed securities, pools [more...]

Date: 2008-11-26 07:37:00

Getting More for Less with Bad Credit Cards

By now everyone knows that the economy is close to collapse.  Banks and lending institutions are the most responsible for the mess ... even to those who don’t.  Credit card, personal loans, payday advances, and mortgages were readily available to people with bad credit. The downside of this easy credit is that common sense evaporated [more...]

Date: 2008-10-29 16:22:57

Bad Credit? Have We Got a Mortage for You...

From Giovanni Diviacchi:My wife and I want to buy a house, but we found that the only mortgage that we were eligible for was a new product called a Late Payment Mortgage.  It's for people with really bad credit.  The bank gives you a lower interest rate if you let them begin foreclosure proceedings at the closing table.***Giovanni Diviacchi is a business analyst and stand-up comedian in  Washington, D.C. [more...]

Date: 2009-06-13 10:00:00

What Gives? Is the Economy really that Bad?

Just making a quick observance and summary of my interactions with friends, ... ? I feel it is the latter. You may ask how could the people be responsible? Simple, short answer… BAD CREDIT! 2nd mortgages, more credit cards, etc… all just to make their world seem better because [more...]

Date: 2009-01-16 23:05:16

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

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

Posted on June 8th, 2008 at 12:45 am by olijfje Santa Cruz del Quiche, daar ben ik nu, de hoofdstad van de … Quiche mayas ... is, in itself, mortgage loans anaheim refinance e. people credit bad home loan The first book to discuss people credit bad home loan was Services for UMTS by Ahonen & Barrett in 2002. boat me loan [more...]

Date: 2008-06-07 22:46:03

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