Archive for March, 2008
Saturday, March 15th, 2008
puja s asked: I am doing MBA and have been given a topic -" sub-prime crisis and its impact on international financial market ". So i am a little bit confused that whether these two things are same or not ! also guide me for best reference material.Amber
Posted in mortgage | 4 Comments »
Thursday, March 13th, 2008
vkak_hyd asked: Explain in simple and understandable way for a novice stock market investor in India. And when does this crisis will be over/finish.Doris
Posted in mortgage | 2 Comments »
Wednesday, March 12th, 2008
eliasulmonte asked: The American economy is driven first and foremost by consumer spending. Some think that this crisis will trickle down into the rest of the economy and snag businesses and people who have poor credit ratings and limit everyone's ability to finance large purchases, thus hurting those who are ...
Posted in mortgage | 2 Comments »
Monday, March 10th, 2008
Carl Hampton asked: The sub-prime crisis has had a rippling effect on the worldwide economy posing critical challenges for Governments, Businesses, and Investors.
The United States Banks and Trading Houses re-packaged sub-prime debts into attractive-looking securities and/or investment vehicles, which were then picked up in European and Asian markets by Traders ...
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Monday, March 10th, 2008
Jan B asked: I have already tried at my bank and was denied. Does anyone know a good tried and true place to get a home equity loan?Stephanie
Posted in mortgage | 2 Comments »
Sunday, March 9th, 2008
D G asked: We will be listed as "entering foreclosure" until September, but have already made 5 consecutive payments into the forebearance plan, including a large down payment. However, in order to get our finances in order and pay education costs, we need to take out a home equity ...
Posted in mortgage | 4 Comments »
Sunday, March 9th, 2008
tuff2bme001 asked: What are the major "low" lending standards that has caused the "sub prime" mortgages crises?Ricky
Posted in mortgage | 3 Comments »
Thursday, March 6th, 2008
Dewey Kearney asked: I have been wondering, as I am sure you have as to how long it would take the government to take action against the mortgage brokers who are responsible for at least a portion of the collapse of the sub-prime mortgage industry. After following several newspaper accounts ...
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Wednesday, March 5th, 2008
djbod2006 asked: By using the HELOC, it's going to free up several hundred dollars per month, and I can claim it as a tax deduction at the end of the year. On the other side, I'm eating up a sizable amount of home equity by doing so. ...
Posted in mortgage | 6 Comments »
Wednesday, March 5th, 2008
B_dub asked: First of all how do you build equity in a home? How do you report the equity to your lender? And lastly how to you pull the equity that you’ve built up out of the home with out taking a home equity loan out? Thank you in advance ...
Posted in mortgage | 2 Comments »