Archive for June, 2009
Tuesday, June 30th, 2009
tuff2bme001 asked: What are the major "low" lending standards that has caused the "sub prime" mortgages crises?Adult Cpr Instructions
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Tuesday, June 30th, 2009
oh well asked: I am filing for bankruptcy and have negative equity in my home.Brandon
Posted in mortgage | 3 Comments »
Monday, June 29th, 2009
Overt Operative asked: America's leading sub-prime lender is in bankruptcy and others are not far behind.
Sub-prime lenders provide variable rate mortgages to people who wouldn't otherwise qualify for a home loan. These loans account for 20% of the homes sold in the already troubled housing market.
With rising interest rates, the ...
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Monday, June 29th, 2009
John Smith asked: There has been significant growth in the number of lenders offering secured lending to people with credit problems, including those who have been bankrupt, have County Court Judgments logged against them, and for purposes such as debt consolidation. As consumer credit debt tops an eye-watering £1.2 trillion ...
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Sunday, June 28th, 2009
Vicky asked: My partner and I are splitting up. We own a home together. Can she take out a home equity line of credit without my signature?Antonio
Posted in mortgage | 3 Comments »
Saturday, June 27th, 2009
Kinan Beck asked: "Sub-Prime lending, which is also referred to as near-prime, B-Paper, and second chance lending, has garnered a great deal of attention recently. This is largely because this type of lending is considered to be risky for both the borrower and the lender and many people have felt ...
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Saturday, June 27th, 2009
Silent Kninja asked: What are sub-prime loans, anyway? Any advice would be appreciated.Glade Scented Candles
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Saturday, June 27th, 2009
helenta35 asked: We own our house fully No mortgage value approx $550k. We are thinking that we like to retire early to near the beach. Currently we found nice homes with land in that area for $175k. Is it better to get a home equity for the ...
Posted in mortgage | 6 Comments »
Friday, June 26th, 2009
newmoon asked: I need to know all the details and if it is a good choice. I have payed off my vehicle and credit cards and have none, but I have alot of student loan debt. Our dilema are the student loans. And paying them. I have heard about ...
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Thursday, June 25th, 2009
johnny asked: I need to have work done to the foundation of my house. Should i use my savings to pay to have this done, or should i use my home equity line of credit to do it? If i use the line of credit i will have to pay ...
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