Housing boom and meltdown – Is tax credit helping the meltdown? During the housing boom, I was living in California and working in a software firm. I used to wonder how people that have similar income like me could afford half a million dollar house but I never investigated. I had a brief consulting work [...]
Looking Back – 2008 Data Breaches Hurray, another end of the year list. This one though (from Bank Info Security) is not reviewing the top movies, songs, celebrities but, the miserable failures in data security of 2008. With nine more days until the end of 2008, this post could be pre-mature. Data breach threats show [...]
Refinancing FAQ Are pre-payment penalty from refinancing my home rates deductible?I know mortgage interest is tax deductible but no one have been able to speak about me if the prepayment penalties from refinances are deductible. MOST of the time they are deductible. The rule is if they are a percentage then they are interest and [...]
“Bailout” Rides to Homeowners Rescue Can we save both Wall Street and Main Street? Those who are responsible for disposing of 0 billion of your tax dollars assure voters that they can. An example is now taking place in Arizona and a few other states. Here’s the deal: Countrywide was facing legal action for its [...]
Dodd and Geithner should resign By MICHAEL WEBSTER: Syndicated Investigative Reporter March 20, 2009: 11:00 AM PST AP - Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. listens to witness testimony on Capitol Hill WASHINGTON – Senate Banking committee Chairman Christopher Dodd and Treasury secretary Timothy Geithner should resign according to some members of Congress and many members [...]
Loan Modification Companies. Home Wreckers Or Heroes?? Since the decline of home prices and largest increase in foreclosures in history there have been numerous companies that popping up to help you get a loan modification. If you read anything on the internet before foolishly giving your money to someone you will understand how important [...]
The Benefits of a Home Loan Modification For the Borrowers Because of the current US economic state, a lot of home owners are facing foreclosure on their loans. The number of Americans who are in danger of losing their homes are growing on a daily basis. One way this can be prevented is through a [...]
Is an FHA Home loan Mortgage Right for You? ((97%w 550 FICO)) Is an FHA Home loan Mortgage Right for You? The days of putting just little money down to buy a home are not over After many years of risky home loans backed up by small down payments, most lenders aren’t underwriting mortgages without [...]
Massachusetts Loan Workout: The Government Helps to Stop Foreclosure So the big American dream has shattered and owning the home now stands as the big mockery.However,the days were never like this as it is now and something went severely wrong somewhere and before you could actually realize your financial stability was jeopardized and your dire [...]
Loan Modification ? Let the Experts Handle it Loan modification should always be done by experts. Have you ever been sick? Whom do you go to? The doctor, right? When you want to build a house — you go to an architect and engineer. When you need to know the weather, who do you call [...]
