Archive for November, 2007
Sunday, November 25th, 2007
MARK WARNE asked: Taking risk in your financial career is a courageous task but sometimes we have to pay back for it. Whatever may be the reason your bad luck or some unwise decision in business you may find yourself struck by credit problems at anytime in your life. And ...
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Wednesday, November 21st, 2007
J.J. Jackson asked: If you are one of the millions of Americans who went to the bank one day, got a loan you could not afford, fell behind on your payments, eventually defaulted on your mortgage and either already have lost you home or on the verge of losing your ...
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Tuesday, November 20th, 2007
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 ...
Posted in mortgage | 4 Comments »
Tuesday, November 20th, 2007
Silent Kninja asked: What are sub-prime loans, anyway? Any advice would be appreciated.Katie
Posted in mortgage | 6 Comments »
Saturday, November 17th, 2007
George asked: What are the chances that in order to solve the current subprime / liquidity crisis, the US Government will step in and BUY these CDOs at the current marked-down prices?
One could argue that such a move may on the one hand instantly clear-up the current liquidity crisis ...
Posted in mortgage | 4 Comments »
Thursday, November 15th, 2007
JASMINE P asked: caused the turbulence in the financial markets as a result of sub prime mortgages, why it affected so many different types of financial institutions including the real estate market, and what the Fed. Reserve Bank and Treasury dept are doing to contain the issues. "subprime mortgages"Zachary
Posted in mortgage | 1 Comment »
Monday, November 12th, 2007
djchuang asked: When they say donations and home equity loans are tax deductible, what does this mean? Does a $1000 donation mean $1000 less federal income tax? Does $1000 paid in interest on a home equity loan mean $1000 less federal income tax?David
Posted in mortgage | 3 Comments »
