Monthly Archives: March 2009

1st Mortage Modification

Posted on March 31, 2009 by admin

Chad Fisher asked: If you are finding you are needing your 1st mortgage modification, you are not alone. Take a look at this informative article about the 1st mortgage modification, and find out how this program can affect you.A 1st … Continue reading →

Posted in Mortgage | Tagged Amortization, Attributes, Fannie Mae, Foreclosure, Freddie Mac, Increments, Informative Article, Lawyer Fees, Mortgage Loan Modification, No Doubt, Option Arm Loans, Possessions, Present Value, Welcome Option, Whirlwind | Leave a comment

National Bank: How to Fix the Housing Crisis for Less than 700 Billion in Bailouts

Posted on March 30, 2009 by admin

Dane asked: Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a … Continue reading →

Posted in Economics | Tagged Amount Of Money, Bailout Package, Banking Industry, Billions Of Dollars, Credit Rating, Fed Rate, First Thoughts, Housing Market, Lower Mortgage, Mortgage Banks, Mortgage Interest Rates, National Bank, National Debt, Sum Of Money, Us Government | Leave a comment

Is the pending economic stimulus legislation an attempt to nationalize the home mortgage industry?

Posted on March 28, 2009 by admin

Bopped asked: Seem like raising the caps on federally insurable mortgages and having the various gov’t underwriting agencies purchase unvetted portfolios of mortgages effectively nationalizes the home mortage industry. SInce I am reading that there may be $2 trillion of … Continue reading →

Posted in Politics | Tagged Attempt, Caps, Economic Stimulus, Home Mortage, Home Mortgage Industry, Hook, Legislation, Loans, Mortgages, Portfolios, Savings And Loan, Savings And Loan Scandal, Taxpayers, Trillion, Underwriting Agencies | 2 Comments

Can you Get a Home Loan if you Have Bad Credit?

Posted on March 28, 2009 by admin

John Turner asked: Bad credit is no longer a hurdle in getting a home loan. A few years ago a poor credit score or a bankruptcy or foreclosure would have meant you encountered difficulties obtaining a mortgage loan. In case … Continue reading →

Posted in Mortgage | Tagged Credit Report, Credit Reports, Equifax, Experian, Foreclosure, Free Copies, Home Loan, Interest Rate, Lenders, Mortage Loans, Mortgage Agency, Mortgage Loans, People With Bad Credit, Poor Credit Score, Rate Of Interest | Leave a comment

what should i do after loaning my mom 500 dollars for mortage payment, not knowing if she will pay me back?

Posted on March 26, 2009 by admin

kent m asked: so a couple of months ago my mom got into a little bit of trouble with her mortgage payment and she knew i recently nannied over in Maryland being payed 1200 dollars, so she told me about … Continue reading →

Posted in Law & Ethics | Tagged 5 Months, Boss, Cell Phone, Dad, Dollar Bill, Dollar Check, Dollar Mortgage, Lawyer, Legal Advice, Little Bit, Mom, Mortage, Mortgage Bill, Mortgage Payment, Savings Account | 6 Comments

Monthly Archives: March 2009

1st Mortage Modification

National Bank: How to Fix the Housing Crisis for Less than 700 Billion in Bailouts

Is the pending economic stimulus legislation an attempt to nationalize the home mortgage industry?

Can you Get a Home Loan if you Have Bad Credit?

what should i do after loaning my mom 500 dollars for mortage payment, not knowing if she will pay me back?

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