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No Income? No Problem! How the Gov't Is Saddling Parents with College Loans

on Oct 9, 2012 in Stated Income Loans | Comments Off on No Income? No Problem! How the Gov't Is Saddling Parents with College Loans

Check out these big residence pictures: large home Image by LizMarie_AK We home sat here. It is enormous! If you would like to see much more residences click here… Large Home Image by crowdive More great homes click right here… Question by Amelia J: Is the Streamline Refinancing program a good choice? I have been in my home since 3/2008. I purchased it at a 6% rate for 285, pills 000 FHA loan. The mortgage is $ 2200.25 per month. I recently called Wells Fargo to inquire about a HARP loan but that is only conventional loans through Freddie & Fannie Mae. Ok, more about so the banker tells me about STREAMLINING (I had never heard of this before). She stated that I could get locked into a 4.625 and that my mortgage would be 2020.00 (about $ 180 a month less). Is this a wise thing to do? It is difficult to pay my mortgage but I have never been late and just roughed it out. Also, see I can’t do a normal refinance because my home is worth only $ 225,000 now (there were SEVERAL foreclosures in my area). Any suggestions on if I should do the streamlining, what are the pros and cons? Best answer: Answer by LandlordYes, I did exactly this. There are no drawbacks, this is the perfect solution for anyone with good credit. 100 times easier then a modification too. Your mortgage should drop more then that though. Add your own answer in the comments! NO BAIL! SEND ‘EM TO JAIL!! Image by eyewashdesign: A. Golden BLOGGED: 08 Oct. 2008: New Yorkers Protest the US0 BILLION Wall Street BAILOUT: Wall Street, sildenafil NYC – September 25, 2008 Photographer: a. golden, eyewash design – c. 2008 Friends, The richest 400 Americans — that’s right, just four-hundred people — own MORE than the bottom 150 million Americans COMBINED! 400 of the wealthiest Americans have got more stashed away than half the entire country! Their combined net worth is .6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly 0 billion — the same amount that they were demanding We give to them for the "bailout." Why don’t they just spend the money they made under Bush to bail themselves out? They’d still have nearly a trillion dollars left over to spread amongst themselves! Of course, they are not going to do that — at least not voluntarily. George W. Bush was handed a 7 billion surplus when Bill Clinton left office. Because that money was OUR money and not HIS, he did what the rich prefer to do — spend it and never look back. Now we have a .5 trillion debt that will take seven generations from which to recover. Why — on –earth – did — our — "representatives" — give — these — robber — barons — $ US850 BILLION — of – OUR — money? Last week, proposed my own bailout plan. My suggestions, listed below, were predicated on the singular and simple belief that the rich must pull themselves up by their own platinum bootstraps. Sorry, fellows, but you drilled it into our heads one too many times: THERE…IS…NO…FREE… LUNCH ~ PERIOD! And thank you for encouraging us to hate people on welfare! So, there should have been NO HANDOUTS FROM US TO YOU! Last Friday, after voting AGAINST this BAILOUT, in an unprecedented turn of events, the House FLIP-FLOPPED their "No" Vote & said "Yes", in a rush version of a "bailout" bill vote. IN SPITE OF THE PEOPLE’S OVERWHELMING DISAPPROVAL OF...

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