Refinancing Auto Loan: The Right And The Wrong Way!
by Asem Eltaher When you look at refinancing auto loan, it does not look like a bad or an unusual thing. There are over a thousand people who prefer to do this each year. Why is it so great? Yet, why are some people shocked at some of the things that they find out about refinancing auto loan? Well, just as there are pros to everything, there are some cons as well. So, keep on reading to discover the whole truth. [more...]
Date: 2009-09-29 08:18:09
Blog posts
(153)
|
Videos
(142)
Capitalism: a Love Story
Despite its formulaic quality and despite some very dubious politics, I have no problem recommending Michael Moore’s “Capitalism: a Love Story”. Since there are so few movies (or television shows) that reveal the human side of the largest economic crisis since the 1930s, we must be grateful to Michael Moore for his steadfast dedication to the underdog. [more...]
Date: 2009-09-25 19:28:26
Foreclosures And The Mortgage Meltdown Continues to Plague America
Foreclosures’ flooding the real estate market following the mortgage meltdown continues to plague America. As the weary year draws to a close 3 ... package aiming to thaw the frozen credit market. Florida passed more stringent laws in its efforts ... . This has prompted a revival in refinancing workouts. Unemployment figures look grim. In Manatee County [more...]
Date: 2009-01-16 14:19:38
Commercial Real Estate: Opportunities Exist for the Strong Investor
Greetings from the metropolis of Cedar Crest, New Mexico. After a series of road trips to Arizona….Texas….and New Mexico… ... . Many investors don’t want to face that their values have gone down and are refinancing. Many of them ... do not due to tighter underwriting guidelines and a drop in personal liquidity and credit [more...]
Date: 2008-11-16 20:51:23
Applying Online For Bad Credit Loans
Applying Online For Bad Credit Loans by Chuck LageBad credit is something that most of us have to deal with today. At some point in life you may end up running into some trouble that requires some extra money. Those who have bad credit scores are now able to get the cash that they need without a lot of hassle. Bad credit loans have recently been introduced and there are a few things that you need before you get started. [more...]
Date: 2009-09-27 13:04:19
Bad Credit Mortgage Refinancing - Refinance High Interest Mortgage …
With sinful outstanding achievement, you cant give absolutely wrong occasionally to refinance true a fair get in on mortgage . Working wView original here: Bad Credit Mortgage Refinancing - Refinance High Interest Mortgage … This entry was posted on Saturday, September 26th, 2009 at 11:41 am and is filed under mortgage. You can feed this entry. You can leave a response, or trackback from your own site. [more...]
Date: 2009-09-26 16:41:13
FHA chatter; News from MERS, Wells, Flagstar; Home price index not as bad as feared
As my grandfather used to say, “If you find yourself in a hole, the first thing to do is stop digging.”* Apparently the folks at Sunwest Bank , out of Tustin, CA, felt the same way. Clients received a letter saying, “I regret to inform you that as of October 2, 2009, Sunwest Bank will be suspending its mortgage banking operations. [more...]
Date: 2009-09-29 19:04:07
How to keep on financing wind farms when banks have no money left.
My earlier wind diaries can all be found here: Wind power series Banks are engaged in a massive deleveraging exercise right now. One part of that has been much described and commented upon: the elimination of bad assets ... vulnerable to the credit crunch. And indeed, expectations are that the fourth quarter will show a severe [more...]
Date: 2008-12-23 17:13:33
Looks like another financial tsunami is coming!
Photo by Faces of California The deterioration in economic and corporate data continues ... and with manufacturing operations outside of Singapore. Demand is bad and orders and indicative orders are being cut ... is declining in value) as customers cancel orders. Bank and other supplier credit lines are being cut… [more...]
Date: 2009-01-15 04:05:14
Fed “Shock & Awe,” What 0% Means, 2008 Pay Raises, Controversial Auto Survey and More!
Fed saves us from ourselves… details of the historic FOMC decision… Dan Amoss and James Turk on the implications of 0% interest rates… Dollar gets ... to further support credit markets and economic activity.” “This announcement,” Dan Amoss wrote ... . This may include a major mortgage refinancing initiative in 2009. A hint of such an initiative [more...]
Date: 2008-12-18 19:08:51
It is soooo coold.. brr. Post Roundup
YEAH! Its melting Creative Commons License photo credit: *Micky The past few days have been extremely cold here in Minnesota, ... of shopping around for good rates, and low costs. A lot of the places were able to offer us good rates ... of the day) Giveaway for a 6-month subscription to the Wall Street Journal $100 Target Gift Card [more...]
Date: 2009-01-14 16:21:15
Obama’s Race Against the Economy
Note: This column was posted here at Pajamas Media on Thursday. Also: Other somewhat related thoughts are at this BizzyBlog post yesterday. _________________________________________________ If the economy begins visibly recovering, a massive “stimulus” package might not be needed. Democrats consider that a bad thing [more...]
Date: 2008-12-27 14:20:20
Beige Book’s Midwestern Summary
From the Federal Reserve’s Beige Book (HTML, PDF). Economic activity in the Seventh District declined further in December, ... market conditions weakened. Construction declined, and manufacturing activity moved lower. Credit ... . In agriculture, field work was limited in December by bad weather. Consumer Spending Consumer spending [more...]
Date: 2009-01-15 01:00:38
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
Mortgage Loan Modification – Obama Mortgage Program Could Help You
Getting a mortgage loan modification is something that could greatly assist you in saving your home. The Obama mortgage program was designed to help you lower your monthly payment and avoid foreclosure. With mortgage interest rates near all time lows there is a great benefit in refinancing to a lower rate. Even if you have bad credit you could still potentially benefit from a home refinance or modification. [more...]
Date: 2009-09-28 03:00:37
Housing Bubble Death Trap
(This blast from the past originally appeared June 7th 2006, and it wasn't my first such article. It's still relevant, though. Keep in mind that San Diego has been on the bleeding edge of all of this, so we're likely to start our turn around sooner as well) The title was the wording of a search engine hit I got [more...]
Date: 2008-11-15 16:43:52
Fed Watch: New Month, New Data, Same Story
Tim Duy says the Fed needs to be more definitive about the type of policy rule it is following: New Month, New Data, Same Story, by Tim Duy: ... speak clearly of a deepening recession. If you had any doubt that the credit crunch is causing firms ... weakness extended into November, a hypothesis that is likely to be confirmed by this morning’s ISM report [more...]
Date: 2008-12-01 08:33:00
The End of Large-Bank Wholesale Lending - Time For the Mortgage Banker
The End of Large Bank Wholesale Lending - A Resurgence of Middle Market Mortgage Banking – Chase…a Leading Indicator This week Chase shut down ... t effectively manage its pipeline of locked and in-process loans. Of note, Credit Suisse recently shut down ... because NMN is subscription - sorry: “As the refinancing boom gathers steam selected residential [more...]
Date: 2009-01-16 18:23:12
The Brakes Are Not Working In California
The LA Times reports from California. “A record 10% of the nation’s mortgage-burdened homeowners fell behind on their loan payments or were in foreclosure during the third quarter, according to a survey released Friday by the Mortgage Bankers Assn., which said California and Florida were the biggest contributors to the worsening picture [more...]
Date: 2008-12-06 18:15:59
Refinancing When You Owe More Than The Home Is Worth
I've been looking around for an answer to this but my searches haven't returned anything useful ... ? Was all the refinance hype only because the markets kept going up? Is this the reason why people who got an bad loan ... to the utter limit for 100% financing could refinance into more favorable loans as their equity picture [more...]
Date: 2009-01-08 09:54:12
Currencies Lose Their Edge
The China good feeling dissipates… Currencies lose their edge… Fannie Mae needs more! Silver manipulation? And Now… Today’s Pfennig!OK… Well… All that build up yesterday about how the markets liked the sound of the Chinese announcement to inject $586 Billion worth of renminbi into their economy, dissipated early on in the NY market yesterday [more...]
Date: 2008-11-11 13:16:43
Carnival of Personal Finance #179 - Smile Edition
Welcome to the 179th edition of Carnival of Personal Finance. This week, I want to remind everyone to smile because there’s never enough happiness in the world! Editor’s Choice Photo By Richard M. Reading these articles just brings a huge smile to my face! Great positive advices are what we should all be writing about! [more...]
Date: 2008-11-17 08:01:51
Car Loan Refinance - How to Avoid Dealer Scams?
div style=’float: right; width: 100px; padding: 5px; margin: 5px; background-color: #FFFFCC;’font size=1font color=’#cc0000′bTip! ... the application process. You don’t need to go through a third party, even if you have bad credit ... available that allow you to call from home or the showroom for pre-approval on your car loan./font [more...]
Date: 2009-01-15 17:15:29
The Bailouts? Not Much For the Common Guy
Trillions to financial Terra Incognita; So far very little for ordinary AmericansBy Sherman DeBrosse / The Rag Blog / January 8, 2008At this moment, ... billion guarantee for money market funds, $200 billion so far for credit card issuers, $345 to Citigroup ... money had to be spent covering bad investments that are nearly impossible to understand. No one [more...]
Date: 2009-01-08 02:42:00
Advantages of commercial SBA loans
A commercial Small Business Administration (SBA) loan is more helpful in assisting small business owners ... as a balloon payment because of its large size. This payment generally requires refinancing at the end of the period. Refinancing in turn includes additional financing fees, legal expenses, and closing costs [more...]
Date: 2009-01-08 02:43:51
Personal Finance Money Tips Q&A #1
This is the first post of the regular questions and answers series. If you have any question, please try our forum ... . To me, I have bad experience with a local bank (not good to disclose here, just call it Bank A) - poor service and slow respond. I am refinancing the home loan to HSBC and Bank A keeps giving trouble [more...]
Date: 2009-01-08 23:00:50
Guest Post: Obama Plan Is Bold, but Not Bold Enough
As details emerge about the incoming Obama administration’s stimulus plans, Peter Boone and Simon Johnson argue that proposals should be even bolder. Boone is chairman of Effective Intervention, a U.K.-based charity, and a research associate at the Centre for Economic Performance, London School of Economics, [more...]
Date: 2009-01-07 09:09:48
The Wait Continues
The Eagle Tribune reports from Massachusetts. “The number of new homes being built in Salem has hit a 30-year low ... They’re waiting until the demand for new houses picks up,’ Mackey said.” “The bad economy has put ... and the rest of New England. ‘It’s clear that the market was overbuilt,’ he said. ‘Easy credit [more...]
Date: 2008-11-10 15:25:58
Shock & Awe! - NOI Gets Bombed
Noah and I have been talking ad nauseam about the imminent threats to the New York City land market, ... of the tentacles of the credit debacle going back quite a stretch. We opined over and over that job losses ... of the bad news, but sprinkled in with the positive sound bites are some honest comments [more...]
Date: 2009-01-09 00:25:02
WaMu’s New $1 million 5-year 1% Balloon Loan (mod) - $878 Per Month!
1/5/09 - EFFECTIVE IMMEDIATELY - Modified Loans are Ineligible For Fannie/Freddie Refi’s, while FHA MAY Be Eligible ... for conforming loan financing.” All Sorts of Consequences This has all sorts of consequences ... . In my experience, most mods result in one of more of their definitions of ‘restructured.’ A restructured loan [more...]
Date: 2009-01-12 17:52:15
Henry Paulsen as Mary Bailey
The disjointed and ad hoc reaction of the Bush administration to this mortgage crisis stands in ... that -- just as today -- credit was frozen for home lending institutions. It empowered the Federal Home Loan Bank ... not be saved by refinancing, if home owners had to wait for home values to rise. So, it [more...]
Date: 2008-11-30 05:27:22
Homeownership: Is a High Homeownership Rate Good Policy? No. Examining 3 Cycles of Homeownership Data over 100 years and Implications for the Economy.
The current housing crisis has left us with an opportunity to examine the driving issue behind a high homeownership rate ... of principal before a balloon payment was due when the loan matured or was refinanced. Refinancing ... of thousands of banks and other lenders contributed to the difficulty of refinancing, as customer relationships [more...]
Date: 2009-01-08 08:06:45
Mortgage: 3 Tips On Finding The Cheapest Rates
There are a lot of things to do when looking to buy a home but the most important is to get the most interesting mortgage loan rates available on the market. When applying for a loan, having a high credit score allows you to have a number ... one. Important: in some countries there are only established only two kinds of credit score: the good [more...]
Date: 2009-01-17 12:34:42
The Real Reason Citigroup Is a Mess
Citigroup CEO Vikram Pandit is blaming his company’s considerable troubles on moves by previous management to dive into real estate ... . Citigroup, like others, simply got caught up in the complicated market of derivatives and credit ... rates, misleading terms, unnecessary and expensive products like credit insurance, and the rest [more...]
Date: 2008-11-26 15:00:31
Wall Street Breakfast: Must-Know News
Little progress on Big Three bailout. House Speaker Nancy Pelosi, arguing General Motors (GM) is too big to fail, urges 'immediate action' to help automakers, but faces resistant Republicans and a noncommittal White House. Pelosi wants to include automakers in TARP, but without bipartisan support, [more...]
Date: 2008-11-12 12:14:23
Barney “Loose and Looser” Franks Plays More TARP Games
Barney “Loose and Looser” Franks Plays More TARP Games Posted on January 16th, 2009 by Octagon Ref The lack of accountability, transparency, ... make our nation poorer. Already, TARP banks are punishing credit card users with increased fees and outrageous terms. Refinancing schemes are making their debut and the terms are not consumer friendly [more...]
Date: 2009-01-16 05:54:37
Commercial Developers: Not a Credible Threat
Ok, I’ve been tardy in posting. I’m very sorry about that, lot’s of things are going on ... , there are multiple metrics for value and credit worthiness of a commercial property. Residential properties ... of loan amount to value). However, these are not created equal: FICO is used to ascertain [more...]
Date: 2009-01-10 02:24:52
Still a Girl
On Wednesday I accompanied Sue to her third and final ultrasound. It looks like number two is still going to be a girl ... like we’ll be traveling to a different hospital too. Now we wait. Sue and I are all ready. The car seat is in the car, the crib is setup and the baby bottling stuff is back in the kitchen. We’re [more...]
Date: 2009-01-17 03:54:30
Making Sense of Mortgages
Making Sense of Mortgages Posted by Dark Spider at January 17, 2009 Understanding mortgages is no easy task ... ?s market there is a loan for every type of situation. Short term, long term, good credit, bad credit, no matter. Just about anyone can find financing for their mortgage needs today. Keep in mind [more...]
Date: 2009-01-17 12:08:38
4 Advantages of Loan for Bill Consolidation
4 Advantages of Loan for Bill Consolidation Subscribe To Our Feed Many Americans are deep in debts that they are not in a position to repay ... . Many people to own many credit cards and bad debtors, usually, would have bad repayment record with all of them. For such people a bad credit card debt consolidation loan could advisable to club [more...]
Date: 2009-01-15 03:30:54
Tips for Financing or Refinancing Your Car Loan
by katie George Always get your financing first before shopping for a car When buying a new car, if you have financing already in place, ... you think you will spend, just in case. The 0% financing trick - 0% financing or cash back rebate? Don’t be fooled by 0% financing, unless your credit is almost perfect, you won’t qualify [more...]
Date: 2009-01-06 09:02:41
The Best Auto Loan
The global crisis over the world, very difficult to get money, and if you want to buy a car, you can visit getthebestautoloan, because there is a solution there, you can also get a program or service a car loan with bad credit .By making auto loan lenders compete for your business, you are guaranteed the lowest market rates [more...]
Date: 2009-01-15 01:04:00
friday links and idle philosophificationings
I’ve been exceptionally busy this week getting my Bruce Wayne life up and running. As Batman - aka brip blap - I’ve been running this site for a year and a half with my real identity more or less hidden. I’m not sure why, sometimes. It seems to be de rigueur for personal finance bloggers to blog anonymously [more...]
Date: 2009-01-16 09:00:33
Bring Back Paternalism in the Mortgage Market
Not Responsible—Tom Jones Now let me ask you something: Have you ever felt that you weren’t responsible for the things that you do? I do not like government paternalism. When Ronald Reagan came to power and began our 25 year experiment with government deregulation, I thought it was a good idea [more...]
Date: 2009-01-12 15:43:03
Fast Home Equity Loans - Getting Approved Online
div style=’float: right; width: 100px; padding: 5px; margin: 5px; background-color: #FFFFCC;’font size=1font color=’#cc0000′bTip! ... of credit. Conversely, home equity line of credit allows you to borrow money as you need it and pay ... be a smart move to contact the lender of your existing home loan. If your credit is good [more...]
Date: 2009-01-15 19:15:47
I Meant to Do That
I Meant to Do That December 19, 2008 By John Mauldin The Fed has taken interest rates to zero. They have clearly started a program of quantitative easing. What exactly does that mean? Are we all now Japanese? Is the Fed pushing on a string, as Japan has done for almost two decades? [more...]
Date: 2008-12-20 13:29:22
Solutions For Refinancing With Bankruptcy
Even if you have filed for chapter 7 or chapter 13 bankruptcy, you still have the option to refinance using the equity in your house as collateral, ... , but you will likely pay above prime for your home equity loan. Bankruptcy is not the end of your credit ... and many lending institutions will accept your business, even with your poor credit history [more...]
Date: 2009-01-18 09:01:02
William O’Donnell and others at financial giant UBS issued a report earlier in the week noting some reluctance by investors to buy government bonds ... the credit crunch, investors have demanded a greater premium on securities backed by mortgages, which means [more...]
Date: 2009-01-08 17:39:53
Lost In A Sea Of Stark, Empty Houses And Vacant Lots
It’s Friday desk clearing time for this blogger. “Record numbers of Sonoma County homeowners are seeing property taxes fall, ... have been a little hard to swallow.’” “Bob DeKeulenaere says junk cars in his neighbor’s yard prevented [more...]
Date: 2009-01-02 17:57:28
Joe Strummer: My thoughts on the looming crisis
“Joe Strummer” is the pseudonym of a frequent commenter on BloodhoundBlog ... getting anything in return, it’s called inflation. Now, $1.2 trillion in new currency is bad, but not nearly as bad as when the Fed loans money to banks at a .5 interest rate. The Fed simply is printing [more...]
Date: 2008-12-21 03:05:51
51 -
100
of
153
Posts
Page:
First
| <
Preceding
|
Next
>
0
|
1
|
2
