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
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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
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
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