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The whole key for Bob, or any other contrarian, is to make lots of offers based on a valued analysis. If you don’t get the deal let someone else take the hit. There is desperation in the market place ...
Where do you start? A Washington D. C. issued memo came out of the blue indicating the formally allowed homebuyer assistance plans would not stand as practiced. The foreclosure rates had soured in thi...
Desperate for money, Jack contacts a money guy referred by his cousin Jerry for a temporary loan. The “VIG” is 25% per week. This is excessive and is an example of loan sharking. This is a criminal ac...
This had been quite a turn of events for Bobby, a single dad, recently divorced with full custody of his two boys. His ex-wife had taken off with a new love found on the Internet. She said it was real...
The front pages are dominated with stories of the foreclosure onslaught. Those who can be helped out of their situation now have some options, which didn’t exist a few years ago. Some borrowers are so...
The ink on recent headlines is still wet and not yet dry announcing the hacking loss of thousands of credit card information records from T.J. Maxx and Marshall’s.
If Vince Lombardi Ever Addressed Members Of The Mortgage Industry…His Message: May Have Been…Back To
Somewhere between the Stated W-2 Wage Earner Loan and the New Century Mortgage (large subprime mortgage lender) filing for Chapter 11 Bankruptcy protection mortgage practitioners lost track of the bas...
Jimmy Stewart’s character portrayed in “Mr. Smith Goes To Washington” would have been right at home last week in Washington D.C. surrounded by the “Porkmeisters” of the current day. Déjà vu here we go...
“No Credit, Bad Credit, No Problem” ever hear these advertisements on the radio, or television, getting an auto loan isn’t as easy as the dealerships make it seem. Most dealerships require large down ...
Viaticals- A ‘Dark Alternative’ To Shielding Survivors From Credit Challenges Of Medical Collections
It’s just not enough to face the final phase of life with all the finality that goes with it without dealing with medical bills, collections and possible judgements all tied to the a terminally ill pa...
One has to wonder about borrowers signing up for a new Option ARM (Adjustable Rate Mortgage) with negative amortization and low teaser rates really know what is ahead of them. The slick computer model...
When the nightly main stream television news leads with stories regarding mortgage foreclosures and down turning markets a viewer knows a trend has arrived. This is all backed up with data indicating ...
“Knock, knock, who’s there?” The door opens and no one is there. Bumps in the night are confused with buyers wanting to get in to see a home for sale. Where has all the buyer’s gone? With foreclosure ...
Dick and Jane Are Up To Their Elbows In Alligators and The Sharks Are Swimming In The Moat Around Th
American families are waking up to the fact they are in deep doo doo upon the receipt of the first notice from the mortgage lender holding the Adjustable Rate Mortgage (ARM) that the mortgage payment ...
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