‘Uncategorized’ Category
Monday, October 12th, 2009
The old saying went something like this: What's good for General Motors is good for America. With the GM debacle I'm not sure how that applies. But I know when Treasury Secretary Timothy Geithner is happy, America is happy. Right now he is singing praises about the loan modification results ...
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Monday, August 24th, 2009
Loan Modifications have been extended by The Treasury Department for over 400,000 people it was announced today. More than 230,000 trial modifications have begun through the Making Home Affordable Program.
In the next three years they are now estimating 3-5 millions homeowners could be assisted in total. The goal; avoid ...
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Tuesday, August 4th, 2009
FHA loans (Federal Housing Administration) will be eligible for rate reductions similar to the Obama loan modification program currently in use for conventional loans.
As of August 15, 2009 distressed homeowners that have FHA loans may be able to refinance in order to avoid foreclosure.
The FHA mortgage modification program will work ...
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Saturday, August 1st, 2009
The process of getting approved for a merchant cash advance can be murky for some. There are conventional bank loan and there are cash advances, which offer quick capital based on future credit card sales. If your business accepts credit cards and process $5,000 dollars/month in credit sales than you ...
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Tuesday, July 21st, 2009
Are you disgruntled because all of the savings go to homeowners who face foreclosure, through loan modification and other means? It's ok, the Obama administration is ready to roll back the prices on you too. THINK GREEN. Here are some numbers to chew on.
The Numbers
$70 million are going to ...
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Saturday, July 11th, 2009
This is a pretty good series on CNBC about the economy and future value of the dollar. It's worth a look. "Hyperinflationnation" highlights what we already know; we are all in debt and killing the dollar bill. The housing market needs readjusting. The state of the economy is changing.
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Saturday, July 11th, 2009
Mad Money's Jim Cramer has stated he thinks the housing market has bottomed out. This is not saying it's going to dramatically improve. I like the optimism but can't help but question what comes out of his mouth sometimes. The Jon Stewart interview still sticks out.
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Wednesday, June 10th, 2009
I'm kind of a bad listener. Always have been, always will be. There is not medication that will make me listen. Really, the only chance you have of me listening is if you are interesting, amusing or intelligent--at the right moments.
The moment is now for Robert Shiller (The guy on ...
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Tuesday, June 2nd, 2009
In many ways, the economic crises has been a result of the downward spiral of human decency. Call it greed if you want but some people are not behaving intelligently in the quest for money. First consider the subprime mortgage sharks that helped get us into this mess and ...
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Tuesday, May 26th, 2009
Treasury Secretary Timothy Geithner announced that the Obama administration is expanding its $75 billion Making Homes Affordable plan to include additional financial incentives to lenders willing to help homeowners unload their properties at a loss when they owe more than their homes are presently worth. Considering there is a huge ...
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