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Topic: Uncategorized
There comes a time in just about everyone’s life when they will try to obtain a mortgage. Becoming a homeowner is part of the American dream, but sometimes the excitement gets in the way of paying attention and not really understanding the type of mortgage you are getting. This is basically why there is now [...]
At the top of the list was Saxon Mortgage modifying half of its 72,709 eligible home loans. Of these 7.6% were made permanent with 9.1% washing out of the plan. Saxon was followed closely by CitiMortgage
“Somehow, we just missed, you know, that home prices don’t go up forever,” testified James Dimon, chief executive of J.P. Morgan Chase. Mr. Dimon seems to have forgotten the lessons of the Japanese real estate and stock bubble of the 1980s, which crashed twenty years ago this month when Dimon was a mere youth of 33.
By Paul M. J. Suchecki
Tags: bank bailout, Consumer Financial Protection Agency, financial crisis, ...
No CommentsThe hearings are similar to the Pecorra investigations for the US Senate in the 1930’s that dug out the reasons behind the 1929 stock market crash and led to financial reform.
As 2009 winds down, two pieces of good news released yesterday are significant for homeowners. The first is that for the fifth consecutive month home prices rose in October, according to the Standard and Poor’s Case-Shiller Home Price Index. The second is that according to the Conference Board, consumer confidence has edged back up to [...]
This past week, mortgage giant Freddie Mac’s survey showed that the average interest on a 30 fixed mortgage had inched up to 4.94%. Across the board, expect rates to then head up pushed by the expanding budget deficit, and inflation pressures caused by a rebounding economy
mortgage fraud reverse mortgage personal finance Deficiency Judgment Default Nationwide Mortgage Licensing System credit cards Short-Fi Jumbo Loan second mortgage Loan Default Short Sale bankruptcy Loss Mitigation Conforming Loan mortgage first time home buyer tax credit Loan to Value Uncategorized Upside Down unemployment Real Life Stories Obama Financial Reform Obama Housing Plan Falling Home Value Refinance Lenders home value Credit Mortgage Revision economic news Loan Modification Foreclosure Help
January 11, 2010 1 Responses
Strategic Default? By Paul M. J. Suchecki
Comment by Stephanie: "This is hilarious!!..."
August 24, 2009 4 Responses
Who Will Answer the Phone? By Paul M. J. Suchecki
Comment by Jastnartest: "really great..."
December 30, 2009 11 Responses
Optimism, Albeit Guarded By Paul M. J. Suchecki
Comment by rickyk4: "Hi everyone, I..."
March 10, 2010 1 Responses
New Short Sale Program By Paul M. J. Suchecki
Comment by pharmacy technician: "nice post...."
