Archive for August, 2009

Will the sub-prime crisis drive up the real estate market?

Tuesday, August 25th, 2009

KY asked: All those families who lost their home in the mortgage crunch still need to live somewhere. If they all begin renting, won't it drive up the rental market and in turn the real estate market?Point Of Use Water Heater

How should I go about selling my current home that I have a mortgage and home equity loan on and go about.

Tuesday, August 25th, 2009

nicolepatricksoellner asked: We want to relocate to my home town to better off my children this would give them a better school district and we would be alot closer to my family, just how do we go about doing this? We have a mortgage on the house we live ...

Should you use a Home Equity Line of Credit to consolidate credit card debit? How does it affect the home?

Tuesday, August 25th, 2009

Angelique B asked: Over 10K of credit Card debt, all with high interest rates, think it would be better to use Home Equity to consolidate or "payoff" cards to have one low rate and payment.

How long do i have to wait until i can get an home equity line of credit?

Monday, August 24th, 2009

79T40P asked: I should move in my new house in july, how long do i have to wait before i can get a home equity loan? or what is my best option for getting 50K? I will no car notes, no credit card payments, nothing more than my mortgage and bills ...

Sub-prime Debt – Who’s to Blame?

Sunday, August 23rd, 2009

Andy Adams asked: When people get themselves into a financial fix it’s normally through credit card debts or failing to meet mortgage repayments, either way they tend to become desperate and search for money through any means be it loans or in moments of blind panic – more credit cards.If ...

Where could I find terms and conditions (eg, disclosures, forbearance) for a sub-prime mortgage?

Sunday, August 23rd, 2009

pb0787 asked: Ideally, I would be interested in finding a blank copy of a typical sub-prime mortgage agreement.Used Vending Machines

Sub Prime Mortgages: Baseless Commitments

Saturday, August 22nd, 2009

A Raymond Randall asked: "Waiter, I'll have a sub-prime steak; make it medium-rare". Order with those words and your waiter will check you for two heads. If you eat meat, you want the prime-cuts. In fact, no one wants sub-par unless you're playing golf.So what motivates mortgage loan officers toward ...

Is a home equity loan easier to get if your credit is not that great?

Saturday, August 22nd, 2009

"g" asked: I want to do some improvements in my house and I think a home equity loan will be the best thing for me....Suggestions anyone....

Subprime Crisis: What primary role is Lehman Brothers playing in the sub-prime business?

Friday, August 21st, 2009

draggamo asked: Is Lehman Brothers the issuer or investor or SPV of the mortgage-backed securities? Who can tell me what really causes the death of Lehman? Its investment in asset-backed securities of subprime loans or its role as a total facilitator of special purpose vehicle in handling ...

Foreclosure & Sub-prime Myths

Friday, August 21st, 2009

Jim Grimes asked: FORCLOSURE & SUB-PRIME MYTHSIt's amazing to me to listen to the comments made by alleged professionals in the financial industry and how quickly the press endorses it without any research in to the real issues.To allocate all the blame on sub-prime mortgages, Wall Street Investors and God ...