Archive for April, 2009

Will a sub-prime credit card lower my credit score?

Friday, April 24th, 2009

Justin H asked: I have a First premier bank credit card. A friend of mine told me that because first premier is considered sub prime credit, it can hurt my credit report, or keep me from getting a good credit card. Is this true? ok, so will it affect any ...

When Clinton and Obama were promoting Sub-prime loans did that have a racial ring to it?

Thursday, April 23rd, 2009

Ibredd asked: Now that Obama wants to open up the U.S. vault to these borrows do you hear the bells ringing again.Glade Scented Candles

How to Use a Mortgage to Manage your Debt and Improve your Credit

Wednesday, April 22nd, 2009

The House Team Of Mortgage Intellingence asked: What if there was such a thing as a magic card that you could carry with you, which had the power to open doors for you all over the world? You show someone your magic card and 'voila', you can have what you ...

Exclusive Report: Limited Damage In Sub-prime Fall Out

Wednesday, April 22nd, 2009

Mike Colpitts asked: The economic damage caused by the fall out from the sub-prime loan crisis is limited, and should not cause major economic damage to the nation's housing markets or greater U.S. economy, according to an exclusive report by Housing Predictor.Housing Predictor forecasts more than 250 local housing markets ...

mortgage?

Wednesday, April 22nd, 2009

bjm_116 asked: if i buy a home of $350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month???? thanks for the answers :) well if not 10,000 then wat abt 20 or 25 ?Russell

Will Joe Biden come clean tonight about his money he get’s from Sub-prime lenders like country-wide?

Wednesday, April 22nd, 2009

Mr. Prediction asked: It seems to me that Biden has an oppertunity to appolgise to the nation for the money he has taken from sub-prime leanders and causing this mess? should he do it tonight?Rheem Gas Furnace

Sub Prime Credit Cards

Tuesday, April 21st, 2009

Dan Moskel asked: A sub prime card was designed for those with a low credit score. It was created to give people a second chance with their credit history.They can be used to improve a low credit score. This is because it can create a positive payment history and improve ...

US Sub-prime Mortgage Jitters Affecting the UK Stock Market

Tuesday, April 21st, 2009

andrew.regan.2006@googlemail.com asked: Sub-prime mortgage lenders in the USA are struggling to survive and their demise is impacting significantly on the world's financial markets. In London, the FTSE has undergone a series of significant drops, suffering the biggest fall for seven years in one day alone on Friday, 10th August, wiping ...

What is the difference between Collateralized Mortgage Obligations and other mortgage backed securities?

Sunday, April 19th, 2009

Rich P asked: How do CMO's differ from any other mortgage-backed bundles? I know fannie mae finances primarily by selling the latter, so what is the benefit in CMO's in comparison to them?Charlie

Are we asking the right questions; focusing on the big picture in the sub-prime crisis?

Sunday, April 19th, 2009

bless424 asked: Everyone knows now that the credit challenged purchasers are now losing their homes in rapid numbers, but no one is asking about who is benefiting and making rapid income from these losses? We are too distracted with hearing "a lot of foreclosures are happening because of sub-prime ...