Q&A: Can I refinance after bankruptcy? any service related to this?
Question by DearAbby: Who is at fault for the Subprime Mortgage Crisis? I’ve heard opinions that the subprime mortgage crisis is the result of predatory lending, buy more about prostate uneducated borrowers, over-valued homes, and a lack of government regulation. What do you think is the main cause? Are there other causes than the ones I mentioned? How do we avoid this situation in the future? It sounds like there are a lot of groups to blame, but how do we keep this sort of crisis from recurring? Best answer: Answer by Greg SBasically it is the fault of people loaning money to people that were high risk. And people that couldn’t afford loans taking them anyway. In both cases the root cause is greed. Add your own answer in the comments! Question by Fantasy Dominator: FHA/Ameridream assistance? Whats the good & bad for these programs? My Husband and I have less then perfect credit so I heard that we should think about these 2 options…opinions? We are in the market for a foreclosed home (As MI tops the list)…for example we seen 1 home that would usually sell for $ 148, sildenafil 000 for $ 72, check 000)–Insane but true. Best answer: Answer by Miss VThe first person to determine if you qualify for FHA would be a mortgage lender. FHA’s minimum downpayment may be 3% of the loan which can be added to the loan if you don’t have the cash. Ameridream seems to be a ‘gift’ program that will assist with downpayment assistance however, as with most gift programs, the cost is added to the loan. Know better? Leave your own answer in the comments! Atlantic Coast Financial Reports First Quarter 2014 Results -Net income improved to $ 0.2 million or $ 0.01 per diluted share versus a net loss of $ 2.0 million or $ 0.81 per diluted share in the year-earlier quarter. … As John has stated, advice we already have seen a turnaround in earnings and asset quality. It's also … If you would like more informaiton please visit here… BUSINESS IN BRIEF 4/5 … system this year will undergo continuous restructuring. Therefore, site he stated that profits and size cannot be the top priority, but greater emphasis should be laid on risk management and business model streamlining to prepare for a leap in the post … For more informaiton please visit here… Comptroller of the Currency, Federal Reserve System, FDIC Seeks Comments … The proposed rule would apply to all banks, savings associations, bank holding companies, and savings and loan holding companies (banking organizations) that are subject to the agencies' advanced approaches risk-based capital rules (advanced … Click … For more informaiton please visit here… Student Loan Borrowers' Costs To Jump As Education Department Reaps Huge … Some White House officials are said to support a student loan refinancing scheme, here proponents said, seek but President Barack Obama has not yet publicly endorsed it. The Education Department, information pills on the other hand, has told some refinancing supporters that a … More informaiton please visit here… FHA at center of scoring dispute OMB, the Office of Management and Budget, was decidedly bullish in writing President Barack Obama's new budget and predicted a better than 9 percent earnings rate on FHA premiums. CBO, the Congressional Budget Office, was more cautious at 5.3 … If you would like more informaiton please visit here… BP left exposed as Russia warns of sanctions The Obama administration has already extended the sanctions blacklist to Rosneft's chairman, Igor Sechin, a former KGB officer and chief architect of Russia's energy...
Read MoreCan I get an FHA mortgage loan after claiming bankruptcy?
Question by : Can I get an FHA mortgage loan after claiming bankruptcy? Best answer: Answer by ColdYou’ll have to wait at the very least 3 full years after that bankruptcy. A good down payment of 20%, page stuff may allow the banks to give it to you after only 2 years… What do you think? Answer...
Read MoreIf Citibank files for bankruptcy, because that is the news going around the banks, what about mortgage holders?
Question by Sea: How can you refinance you home when your underwater by 100k? And the mortgage company has denied the Obama refinance? Best answer: Answer by Rick BYou can’t. You will have to stick to your original agreement. Add your own answer in the comments! Question by Alutiiq Beauty: If Citibank files for bankruptcy, order because that is the news going around the banks, what about mortgage holders? CitiBank is one of the largest mortgage holders for America, what is going to happen to all the people who owe money for the mortgages on a home? What do you think? Honest opinions/knowlage please Best answer: Answer by JoJo31With the current Home Mortgage situation the Government will take over the bank and you will pay your mortgage to them or one of their entities. No way are you going to get out of paying your mortgage. Add your own answer in the...
Read MoreQ&A: Gettinga a Mortgage with a Bankruptcy?
A few great mansion pictures I discovered: Mansion Perrier Dita Von Teese Image by cattias.photos Mansion Perrier Dita Von Teese If you would like to see a lot more homes click here… Mansion Perrier Dita Von Teese Image by cattias.pictures Mansion Perrier Dita Von Teese For more houses click here… Question by Think about it: Where can I find guidelines for Obama’s mortgage loan modification program? I was denied over the phone because my income has dropped too low. I don’t want to lose my home, visit this any website where it actually lists if my income is a certain level I won’t qualify? I can’t help I have a lot of debt like credit card and car payments so they said my income had to be double what it actually is right now. Best answer: Answer by Rita Gibbonshttp://www.usnews.com/money/personal-finance/real-estate/articles/2009/03/04/obamas-loan-modification-plan-7-things-you-need-to-know.html Know better? Leave your own answer in the comments! by Steve Rhodes Question by Daniel E: What % of stock market pundits do you think really have a grasp of the bursting housing bubble? Cable news networks, for sale print journalists, bloggers… When Citibank says the worst of the credit crunch is over, how many people really have a grasp of what’s already in the pipe, ARM resets, forclosures, housing inventory, etc. ? Best answer: Answer by self-employedI wouldn’t listen to anyone with a stake in it (mortgage companies, mortgage backed securities, etc.). I think economists can make an educated guess, but it is still just a guess. Know better? Leave your own answer in the comments! Question by yanks006: Gettinga a Mortgage with a Bankruptcy? I am currently 15 months off my Chapter 7 bankruptcy being discharged and I now have 3 credit cards with zero balance and a Car loan which has been paid on time every month. I make 55k a year and am wanting to buy a home and stop renting. Do you believe I will be able to get a home mortgage? If so, website like this what type of interest rates would you suspect I would get or type of payment with taxes based on a 150k home loan? I live in El Paso Texas. Thanks! Best answer: Answer by bean123yes you can get a mortgage. expect around 8-10% interest rate. you would be classified as a subprime buyer. Add your own answer in the...
Read MorePMI files for bankruptcy, listing $736 million in debts amid rough housing market
AEON TOWERS-Davao City Actual Estate (news) MDR350 Video Rating: / 5 More wonderful actual estate information click here… by cybaea PMI Group filed for bankruptcy on Wednesday, more about listing debts of $ 736 million, look triggered by the meltdown of a housing marketplace that has however to halt its decline. Mortgage News More informaiton please go to...
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