Archive for March, 2008

Is sub prime crisis and subprime mortgage crisis same ?

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

How does the US sub-prime crisis influences the Indian Stock market?

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

How will the crisis among sub-prime borrowers affect the housing market and the overall economy?

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 ...

Has Sub-prime Had Its Time?

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 ...

where is the best place to get a home equity loan besides a bank?

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

Will I be able to get a home equity loan if I am currently in a forebearance agreement with my mortgage?

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 ...

Is the sub prime lending crises due to banks trying to unload mortgages/bussiness loans of illegal alians?

Sunday, March 9th, 2008

tuff2bme001 asked: What are the major "low" lending standards that has caused the "sub prime" mortgages crises?Ricky

The Sub-prime and Other Frauds – Penalties Coming

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 ...

Should I use my home equity line of credit to pay off my car loan and part of my student loan?

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. ...

How do you pull equity out of your home with taking a how equity loan out?

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 ...