October 5th, 2009 at 04:59pm Under Mortgage
Our realtor advises that only buyers with cash in hand can buy foreclosed properties at auction. There is a technical challenge buying if you need a mortgage as you have to be in contract to be able to get the mortgage approved. Is this true or is there a valid way you can get a mortgage and bid on a foreclosed property at auction?
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October 4th, 2009 at 10:59am Under Mortgage
See full film here:
http://www.booserver.com/pr…
17 September 2007
What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world…
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October 3rd, 2009 at 04:59am Under Mortgage
Given all the worries about credit in this country, and subprime mortgages, I was curious as to what the entire amount of home mortgage debt is. There are about 110 million households in the country, with 70% of them owned residences. Let’s say there are 75 million owned homes. Not all have mortgages, but if 70 million do, and the average mortgage amount on such homes is $200,000, that comes out to a scary $14 TRILLION of mortgage debt in the USA. If just 2% default, the amount of bad home loans is $280 billion. It could obviously be much higher.
Does anyone know what total mortgage debt is per household and in total? This is a real problem that could damage the economy.
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October 1st, 2009 at 11:07pm Under Mortgage
This lady, Peggy Joseph, thinks Barack Obama will pay for her gas, mortgage, and who knows what else.
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October 1st, 2009 at 06:46am Under Loans
Am applying for a mortgage loan and have two school loans already on my credit report but specify one is not in repayment and second is deferred. However, the loan application is requesting all expenses listed on my credit report. Are these loans not in repayment included in my expense ratio?
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September 29th, 2009 at 11:00am Under Mortgage
lyrics and slide show by gregg somerville music by chris conti
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September 20th, 2009 at 05:01pm Under Mortgage
Former Countrywide Employees can help the investigation at http://www.jameshoyer.com/ Countrywide evicts family right before the holidays. Why are big mortage companies like Countrywide saying they…
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September 19th, 2009 at 11:01am Under Mortgage
Scott Pelley reports on the mortgage crisis that’s far from over, with a second wave of expected defaults on the way that could deepen the bottom of the U.S. recession.
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September 18th, 2009 at 05:01am Under Mortgage
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Mr Mortgage Exposes ALT-A Crisis Coming to a City Near You Soon
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September 16th, 2009 at 11:19pm Under Mortgage
I’m planning to relocate, but current owe a mortgage for $50k. I also have a bankruptcy on my record thats a couple of years old. I’d like to find new home in the state I choose to live in. Would I be able to get a second mortgage or refinance my current home in order to pay for a new one?
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