Things to Consider If You Can't Afford Your Payment

I read a lot of the info. you have on your web page ... thank you. I don't live in San Diego so I'm not looking for a home ... . I wanted to reduce my payments and I was recently offered a neg-amortized loan. While ... different. Unlike the loan market, each commuting area has enough of its own concerns that nobody can keep [more...]

Date: 2008-12-28 15:23:29

Blog posts (10) | Videos (2)
 

Save My House

Save My House There is an attorney-based loss mitigation company with over 20-years of in-depth experience with foreclosure laws ... Amortization Is an 80/20 loan or short term fixed rate then becomes an adjustable rate, 2/28 or 3/27 ... , so they are in effect current Conversion of an ARM (2/28, 3/37, Negative Amortization) to a fixed loan [more...]

Date: 2009-01-15 13:55:19

POLITICAL: Who’s to blame for the election?

Well. clearly, the McCain campaign was a disaster, but is it all his fault. (1) The liberal media certainly was Obama’s chief cheerleader. (2) ... Fannie and Freddie into small regional competitors. The Judiciary could have found that loan agreements that had negative amortization, adjustable into the sky, or other terms as unenforceable as “ [more...]

Date: 2008-11-05 12:21:36

John Stumpf Q & A

What Wells Fargo plans to do on a bigger stageExcerpts:Q: In the investor presentation, ... that we didn't understand: negative (amortization loans), Pick a Pay or option (adjustable rate mortgages).We gave up tens of billions of dollars in loan origination volume and millions and millions of dollars [more...]

Date: 2009-01-12 03:28:00

How the West was mortgaged

How the West was mortgaged If this were a whole book, I'd maybe possibly understand the sub-prime lending thing better ... tickled to be able to offer you and your husband the finest 5/1 negative-amortization loan this side [more...]

Date: 2009-01-12 14:56:28

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 ... who bought too much house with an unstable (or insufficiently stable) loan. I just picked a couple ... there may be or negative amortization it may have undergone, not to mention the cost of any payments [more...]

Date: 2008-11-15 16:43:52

When Will the Real Estate Market Stop Going Down?

by Mary Bush A question I get asked quite often is when will the real estate market stop going down? Or have we already hit bottom? ... to go up. Also there are thousands of people in negative amortization or pay options arms that have yet ... and investors of mortgage backed securities are now getting very strict. Many of the loan programs [more...]

Date: 2009-01-04 23:42:02

Loan Amortization

Amortization is the repayment of a loan. It is usually used in conjunction with a time frame ... is for a loan the slower it amortizes. This slower amortization means a lower monthly payment. It can also ... in loan size is known as “negative amortization”. You will see 1% loans marketed under such names [more...]

Date: 2009-01-10 04:41:41

Subprime Containment Theory Was a Lie

Conventional wisdom (or market spin) was that the risk of default from subprime would not spill over into Alt-A and Prime loans ... was the negative amortization loan. The loan balance can grow each month as the deferred interest is added ... they have not been widely exposed to these loan types. An adjustable rate mortgage resets to a different [more...]

Date: 2009-01-14 03:59:54

Cash Flow Versus Balance Sheet Accounting in Real Estate

An email: Greetings, I've recently been pitched the idea of refinancing my home and investing in apartments, or more precise, a four-plex. The idea is to refinance and get a negative amortization loan on my house. With the money I pull out of my home, put a down payment on a four-plex, also with a negative amortization loan. That way [more...]

Date: 2008-11-26 17:38:33

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