Archive for November, 2007
Friday, November 30th, 2007
Richardsbabygirl asked: Here is the problem: Ramon owns a home that was appraised for $132,600. The balance remaining on his existing mortgage is $43,260. Ramon's credit union is willing to loan an amount up to 70% of the appraised value of a home. Based on this information, what is the ...
Posted in mortgage | 3 Comments »
Thursday, November 29th, 2007
J.R. M asked: I'm not familure with this sub-prime mess that is going on with mortages these days. Can someone explain this to me? Thanks.Catherine
Posted in mortgage | 4 Comments »
Thursday, November 29th, 2007
devin066 asked: I need to pay off about $30,000 in back taxes. Is it better to take out a home equity loan, cash in stock, or borrow or liquidate a 401K?Bessie
Posted in mortgage | 4 Comments »
Thursday, November 29th, 2007
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 ...
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Wednesday, November 28th, 2007
Carrie Reeder asked: Sub prime mortgage lenders process applications online everyday. Processing information over the internet speeds up the process and saves costs on offices and personal. In some cases, you can get a reduction in fees or rates by completing your application online. To get approved on your mortgage, ...
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Tuesday, November 27th, 2007
Calum MacKenzie asked: You may think that holders of a sub prime mortgage need more than just counseling - true! But there is a new program out which includes counseling as part of its scheme to help distressed borrowers.
The counseling is intended to help people to hold onto their homes ...
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Tuesday, November 27th, 2007
Duncan w ™ ® asked: The 'body-american' has been infected with many parasitic corporations over the years (Enron comes immediately to mind) and the advent of sub-prime lenders is just the latest chapter in this saga. In biology, a successful parasite allows the host to live so that it might ...
Posted in mortgage | 1 Comment »
Sunday, November 25th, 2007
Andrew Regan 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, ...
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Sunday, November 25th, 2007
Dewey Kearney asked: I can remember in the late 1960’s the aerospace company that I worked for in Pasadena California decided to move to the Orange County area, about 60 miles from their current location.
I wanted to go with the company to make a new start in a new ...
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Sunday, November 25th, 2007
Annette W asked: Can someone please tell me how sub prime lending and the recent crisis was effected by the implementation of Basel II
thanksRick
Posted in mortgage | 1 Comment »