Mortgage Rates: Low Mortgage Rates Unchanged Ahead of Key Housing Reports
No way, symptoms what is ed no how, sick no bailout. Image by jakerome No way, website like this no how, no bailout. Please Digg. I’m calling my congresswomen and telling them I do not support this bail out. I’m a registered Democrat, but I think this is the rare issue that truly crosses the party line. There are many reasons I oppose the bailout, and I’ll hit them one-by-one. 1) It rewards the bad actors who got us into the mess in the first place. First, the people who bought houses that they knew they could not afford. Second, the lenders who made these bad loans without caring about the likelihood that they could not be repaid. Third, the insurers who bribed the government to not call credit default swaps (CDS’s or mortgage insurance) insurance, thus relieving them of the obligation to keep cash on hand in case they had to pay the off the insurance policy. 2) The government will undoubtedly overpay for this debt. The problem is two-fold right now: these loans are worth somewhere between .30 and .80 on the dollar, and no one wants to buy them at any price. So now the government will come in and rescue these irresponsible lenders. Guarantee you that the feds pay 50% more than anyone else would be willing to pay for this debt. 3) It doesn’t solve the root problem. Are they going to require oversight of CDS’s? Will we start regulation & oversight of the shadow banking system? If not, this problem will just repeat itself in 5 or 10 or 20 years. 4) We’re rushing into a solution Good solutions aren’t developed over a weekend or two weeks. Whatever band-aid bail out they come up with will be loaded with unintended consequences and will lead to hundreds of billions in extra spending beyond what anyone anticipates. You can take that to the bank. 5) Scare tactics are being used by the administration to coerce congress into giving the president massive new powers I’m sorry, but didn’t we just leave that party? 6) Once the government owns the debt, borrowers will be much less likely to pay if off. Think about it– all these problem borrowers are from the people who overpaid for their houses and borrowed more than they could ever afford. And the government has been going on for over a year about how we can’t kick people out of "their" homes and onto the street. Now, all of a sudden these people are going to be stiffing the government & we’ll own the houses. Any bets on whether we ever evict ANYBODY? This is a giant signal to the borrowers that they can STOP paying their mortgages immediately, because the government is coming to rescue them. The solution will probably be to write off the debt 100% and give the houses to the current occupants. Seen on the web: www.fernyreyes.com/?p=18 ballotvox.prx.org/archives/645/trying-to-understand-the-b… www.npr.org/blogs/money/2008/09/take_picture_post_online_… www.biggerpockets.com/renewsblog/2008/09/29/700-billion-c… mortgage-buy-home.com/2008/09/29/700-billion-can-we-handl… unpostoaparte.blogspot.com/2008/10/pagare-i-mutui-o-compr… trouble.philadelphiaweekly.com/archives/2008/09/i_often_h… news.cnet.com/8301-17852_3-10091189-71.html www.wisebread.com/when-will-the-bailouts-stop-a-summation… www.thumbjockey.com/blog/2008/10/desperate-times.html germaine.wordpress.com/2008/11/12/my-day-in-pictures/ globaldenny.livejournal.com/89663.html rarestnews.com/bailout_banks svmomblog.typepad.com/new_jersey_moms_blog/2008/12/rtp-th… www.rickety.us/2009/02/paul-on-politics-market-versus-gov… yinvsyang.com/what-do-you-think-of-the-bailout/1219/ www.northbynorthwestern.com/2009/02/20237/why-you-should-… www.allthebs.com/2009/04/your-outraged-yet-teabagging-pic… www.quietthethunder.com/2008/10/people-you-need-to-start-… www.biggerpockets.com/renewsblog/2009/09/09/world-order-g… For more homes click here… City offers no–interest home repair loans … no-interest home repair loansCorvallis Gazette-Times gazettetimes.com. September 19, 2012 10:30 am • Corvallis Gazette-Times · (0) Comments. The city of Corvallis is offering zero-interest home repair loans of up to $ 30,000 for Corvallis homeowners. If you would like more informaiton please visit here… Homeowners must act fast to get out of a sticky home loan situation Your husband's aunt would not have to worry about having a loan on a home she no longer owns and you would have a...
Read MoreWith Realtor Tools You’re Ahead of the Game
With Realtor Tools You’re Ahead of the Game Article by Maggie Rottswald If you’re a businessman, page you need to know your products and your market to be successful. However, that may not be all that’s needed these days. People have developed new tricks and techniques and technology itself has been contributing much to this dynamism of Internet marketing strategies that everyone seems to be obsessing about. And a huge number of these people are Realtors. Realtors are real estate agents who are members of the National Association of Realtors, yet that qualification doesn’t give you an assurance that one will be successful. When everyone has jumped into the technology bandwagon, those who haven’t might just be on dangerous ground. The reasons are obvious and simple. For instance, those who are using real estate agent software are able to attain their market faster and, thus, yielding higher productivity. Just as any businessman out there needs to do, a Realtor has to know his product. But, of course, that should be obvious. What he really needs to put his heart on is to establish himself as a seller of that product. For example, with the use of real estate marketing software, he can take full advantage of the Internet when reaching out to potential clients online. It is no secret that the Internet has been the most convenient way for buyers to search through properties they may consider buying. You can expect your name or website to be on top of search engine results pages when people run a search on keywords related to your business when you have established your character as a Realtor through a good online branding campaign and sound Internet marketing skills. When it comes to the Internet, of course keywords drive in the traffic. Content is still on top, but its worth comes only after people have had a chance viewing your website. Your keywords are going to do the trick at that point where they actually search for sites to visit. Thus, making sure you do your research on which keywords But then again, keywords are only a small portion of what you need to do to successfully market your name as a realtor online. You basically need to brush up on others search engine optimization techniques from on-page to off-page optimization to get the best results you want. Hire an SEO expert to the job if SEO happens to be the farthest thing that interests you. If you truly want to have that edge among other Realtors in your area, take advantage of the various online realtor marketing tools that give you fast options for fast realtor prospecting, realtor advertising, and other capabilities you will find indispensable in your success. About the Author If you truly want to have that edge among other Realtors in your area, take advantage of the various online realtor marketing tools that give you fast options for call capture or call capture marketing and other capabilities you will find indispensable in your success. For more informaiton please visit...
Read MoreHungarians face evictions ahead of winter chill
by redrickshaw They have only days ahead of temperatures plummet and evictions are frozen by law. Mortgage News If you would like more informaiton please check out...
Read MoreHigher payments ahead as mortgage program ends
The Real Bank of America It has about 120 different credit programs but no consistent credit policy, approved website requiring some borrowers to demonstrate credit-worthiness and others to demonstrate need, approved while giving student loans to just about anyone who wants one. It runs a dozen … If you would like more informaiton please visit here… Five Factors that Prove You're Worthy of a Mortgage Good credit is one indicator that you're ready for a mortgage, but don't think you need a perfect 850-credit score to qualify for a home loan. Obviously, the higher … If you can handle rent payments with no problem, handling a mortgage shouldn't be … If you would like more informaiton please visit here… Remarks by the President on the Resurgence of the American Auto Industry I'd like people to think about that, order because when they do surveys of, sale like, ordinary folks on the street and they ask them, are the deficits going up or are they coming down, everybody automatically assumes, well, government spending and deficits must … If you would like more informaiton please visit here… Obama speech: Different Phoenix, different solutions But aid was slow to arrive even though thousands of homeowners contacted their lenders to lower their payments through the Home Affordable Modification Program. … Lenders are more inclined to back government-funded loans because of the insurance. For more informaiton please visit here… Maplewood TC Approves Changes to Post Office Plan Affordable Housing: The developer may pay $ 100,000 into the Maplewood Affordable Housing and Rehabilitation Program in exchange for the Township waiving the requirement to provide two units of affordable housing. Grygiel said this arrangement allows … For more informaiton please visit here… Primo giorno di scuola del 2015. SISA: no caccia alle streghe, page meno compiti a … comunicato SISA – È oggi il primo giorno di scuola del 2015. Dopo che la consultazione per la cosiddetta “buona scuola” ha bocciato la valutazione dei docenti e la collegata differenziazione salariale, information pills riconoscendo che la scuola è un luogo in cui si … For more informaiton please visit here… Ketua MA: Sisa Perkara 2014 Terendah dalam Sejarah "Ini bisa dibandingkan pada 2004 yang masih sisa perkara mencapai 20.314 perkara, more about sedangkan pada 2014 hanya tersisa 4 ribu perkara. Jadi ini terendah sepanjang sejarah," kata Hatta Ali dalam konferensi pers di Jakarta, Rabu (7/1/2015), seperti dikutip … For more informaiton please visit here… Obama to tout housing initiative in hard-hit Arizona The rate cut Obama will announce Thursday drops the FHA mortgage insurance premium from 1.35 percent to 0.85 percent. Administration officials said the move would save the average homebuyer $ 900 a year, viagra 60mg help 800, 000 who refinance their mortgages … More informaiton please visit here… First Savings Mortgage Corporation Ranked #1 Lender in Washington DC First Savings Mortgage is a locally owned privately held mortgage company servicing the metropolitan Washington, DC area since 1989 and is licensed in Virginia, Maryland, Washington D.C., Florida, Delaware and North Carolina. … First Savings Mortgage … For more informaiton please visit here… Key releases for real estate investors in the last week of 2014 Commercial retail REITs such as Simon Property Group (SPG) and General Growth Properties (GGP) focused most on the consumer sentiment data like the University of Michigan Index and the Bloomberg Consumer Comfort Index. Falling energy … Over the … More informaiton please visit here… Regions Financial Tower's loan moved to special servicing as maturity nears The 15-story office tower at 1555 Palm Beach Lakes Blvd. has its commercial mortgage-backed securities (CMBS) loan set to mature on...
Read MoreNew Home Sales Up; Busy Season Ahead for Housing
New Home Sales Up; Busy Season Ahead for Housing Data released on Friday, about it information pills May 23rd from the U.S. Census Bureau and the Department of Housing and Urban Development revealed that new residential home sales in April were up 6.4 percent from the revised March estimate of 407, page 000. Sales reached a total of … If you would like more informaiton please visit here… Notice of Regulatory Waiver Requests Granted for the First Quarter of Calendar … SUMMARY: Section 106 of the Department of Housing and Urban Development Reform Act of 1989 requires HUD to publish quarterly Federal Register notices of all regulatory waivers that HUD has approved. Each notice covers … For ease of reference, the … For more informaiton please visit...
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