tikki


I’m getting ready to buy my house. I know to do a 30-yr fixed rate. I’m just wondering what is the buzz about subprime home loans? It seems to really be hurting people and mortgage companies. What are the advantages and disadvantages? Thanks.

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Casey C


It seems like this would be challanged (sucessfully) in court since the laws when the contract was signed didnt allow modification. I can understand how they could mandate that future mortgages are capable of being modified but not those already written… seems kinda like ex post facto.

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Oz Z


For instance, if EURO interest rates are reduced, how does it affect EUR/USD exchange rates. Common sense dictates that the EUR/USD would decrease in value as people flock to currencies with higher returns. But this is not only always the case. It may be not the actual reduction in rates, but the commentary (optimism/pessimism for the future) that goes along with it. Comments?

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jane


The amount requested for home loans followed the normal distribution with a mean of $70,000 and a standard deviation of $20,000
A. How much is requested on the largest 3 percent of the loans?
B. How much is requested on the smallest 10 percent of the loans?

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mobilehomelender

www.lendinguniverse.com MOBILE HOME LOANS Arizona lenders provide financing and Mobile Home refinancing also nationwide. Banks, mortgage brokers, credit unions and private investors compete for all your residential and commercial loan requirements, simply complete our simple form…

thomas p


I HAVE A LOW 500′S CREDIT SCORE, WE HAVE BEEN A STRUGGLING FAMILY FOR YEARS NOW, WE HAVE 7 KIDS AT HOME, 4 ARE FROM PREVIOUS MARRIAGES.WE ARE IN THE NEED OF OWNING OUR OWN HOME, IVE RECENTLY GOT A PROMOTION AT WORK THAT ALMOST DOUBLED MY INCOME.BETWEEN THE BOTH OF US WORKING WE MAKE ROUGHLY 80 A YEAR. CAN WE STILL GET HELP WITH A HOME LOAN?

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simple


I have a first loan and a second. I called a lender who wants me to short sale it instead of foreclosure because he said the second will remain a lein against me even after I lose the house (it is with Washington Mutual). Is that true? I lost my job and can’t make the payments, and can’t sell it because the value got appraised at $250,000 and my mortgages add up to $400,000.
I thought they are secured by the property, not by my life.

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californiagovernment

If you’re a qualified veteran and ready to buy a home, CalVet is here to meet your home financing needs!

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tinyurl.com Thomas Geoghegan on “Infinite Debt: How Unlimited Interest Rates Destroyed the Economy” The Obama administration unveils its $1 trillion plan to buy toxic assets from banks and restore the financial system. But should we return to the way it was? We speak with Chicago lawyer Thomas Geoghegan about his new Harpers Magazine cover story, Infinite Debt: How Unlimited Interest Rates Destroyed the Economy. Geoghegan writes, We dismantled the most ancient of human laws, the law against …

PhilDeCarolis

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