Category Archives: Politics

Mortgage Rebate

Posted on October 21, 2010 by admin

Dennis Estrada asked: The Mortgage Rebate is negative points that are due to the buyer. The discount points are upfront fee to lower the interest rate. The discount points are paid by buyer, while negative points are paid to the … Continue reading →

Posted in Politics | Tagged , , , , , , , , , , , , , | Leave a comment

Did HERB & MARION SANDLER direct their mortage agents to make several bad loans since they were trying to sell?

Posted on March 6, 2010 by admin

ObaMao asked: Anyone looking closely at the Sandler’s dealings just prior to the sale of their World Savings to Wachovia can see an irregular pattern of sudden selling of mortgages to a significant amount of people who clearly could not … Continue reading →

Posted in Politics | Tagged , , , , , , , , , , , , , , | 1 Comment

Since the White House backed ACORN says to “walk away from your mortage” does that mean?

Posted on May 28, 2009 by admin

libs can’t take criticism asked: I can walk away from my credit card debts, car loans, Hospital bills, utility payments and other debits? How stupid is ACORN Acorn National Spokeswoman was just on Fox news saying ‘Not to pay if … Continue reading →

Posted in Politics | Tagged , , , , , , , , , , , , | 4 Comments

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 , , , , , , , , , , , , , , | 2 Comments

So mortage companies give loans to unqualified people and the taxpayers are stuck holding the tab?

Posted on March 25, 2009 by admin

Naturescent asked: http://news.yahoo.com/s/afp/20080923/ts_afp/usfinancebanking_080923173430;_ylt=Auq1ewPnGOj_xfF4_zbBLBrqxQcB Do they think we just woke up in a cabbage patch or what? Isn’t this just bankers trying to take advantage of people by giving them loans at such high interest rates that they end up losing … Continue reading →

Posted in Politics | Tagged , , , , , , , , , , , , , , | 13 Comments