College Loans Consolidation

Posts Tagged ‘home’

realestatemarketingthisweek.com – Avoid a foreclosure on your credit report, short sale your home and save your credit Part 8 – Ok, so that is good to know, I know there are people who want to try and do that and I really dont know. I am really a full time mortgage professional, I didnt get into the loan modification business on purpose, we write mortgage loans, real estate loans for residential and commercial, so therefore I dont know your laws on the same token you dont do loan modifications and you dont write loans, youre professional realtor. Exactly, and one more thing, bottom line is you cant be defrauding the bank. Because then youre stepping into mortgage fraud, as you know. You do have to have a hardship, you honestly do have to show, if youre going to be benefiting from staying in the home, you have to show a hardship that you cant afford the current payment. If youre making a couple hundred thousand a year and have a ½ million in the bank and owe $200000 the bank isnt on your side in that case. There are a lot of situations though when a homeowner wants to stay in their home, if that is the case, then we market it to investors, because there is a lot of the people who are buying these homes so we work with the investor and we work out the lease amount and the homeowners can stay in their homes in those situations. Whatever it looks like at the end of the day, the homeowner needs to picture where they are going to be in the short term midterm and long term and …

Home foreclosures fall
The number of US homes headed for foreclosure fell during the second quarter, marking the first such drop since the housing slump began in 2006, but the improvement may be fleeting as the number of newly delinquent homeowners rose. The percentage of loans in the foreclosure process declined last quarter…

Read more on New York Post

A second wave of home defaults will strike Banks in 2010-2012. Over $1.5 trillion dollars of bad home loans will threaten the banking system and risk economic collapse. Condensed from a 60 minutes expose. Video response shows Option ARM reset chart 2010-2012

Mortgage Rates on 30-Year U.S. Home Loans Set Record Low for Eighth Week
U.S. mortgage rates set a record low for the eighth straight week after the Federal Reserve said it would buy more government debt to support economic recovery.

Read more on Bloomberg

Home loans drop to 9-year low
The number of home loans taken out by West Australians has collapsed to a nine-year low despite surging population growth and business optimism about the health of the local economy.

Read more on thewest.com.au

SHOCKING: Bank Bail Out Funds Hard at Work – EXTREME HOME MAKEOVER EDITION PART 3 Ever ask yourself what happend to the bail out money? Well, I found out where some of your hard earned tax dollars went. Part 1 www.youtube.com Part 2 www.youtube.com For cutting edge economic analysis check out globaleconomicanalysis.blogspot.com/ and www.youtube.com/visionvictory

Business Bullet: Markets, Stress tests, Home loans, BP
The latest news on: Markets, Stress tests, Home loans, BP

Read more on Daily Telegraph

30-year home loans dip to 4.69%
Mortgages are cheaper today than they’ve been in a half-century. If only most people had the job security, the credit rating and the cash to qualify for one or refinance.

Read more on Fort Wayne Journal Gazette

Interest rates fall on surprise drop in home sales
Interest rates fell in the bond market Tuesday after a surprise drop in home sales boosted buying of Treasurys. The higher demand for government debt drove rates lower. The yield on the 10-year Treasury note, a widely used benchmark for mortgages and other consumer loans, fell to 3.17 percent from 3.25 percent late Monday.

Read more on AP via Yahoo! Finance

Website – www.MeccaCentric.com MeccaCentric – Producing videos about Islam and Muslims on DVD. Islamic lectures, speeches, talks and sermons are also available on audio CD. “Economic Challenges For Muslims In America” by Jamal Badawi Purchase the full-length lecture at http or call 1-800-607-9810 Another major area of concern for Muslims in America is examined in-depth by Dr. Badawi. He provides possible solutions for three major economic challenges: selling things that are forbidden, the question of riba (is it the same as interest?), and the question of insurance. Then he briefly touches upon the following areas: indirect riba, saving plans and pensions, student loans, working in banks, and interest that is accrued on bank accounts. Other topics discussed: leasing cars, leasing a house Islamically but paying more for it, non-Muslims and their argument for interest, paying over time (deferred payment), and leasing equipment.