Results for mortgages
- Question: Personal Debt in Fiat Money Meltdown?
If or when fiat currencies end, and if the banking system collapses, what do you think would happen with personal debt/mortgages owed to the bank? Will all debt be erased, including personal debt? Maybe having a mortgage is a good thing if the ...
Forum topic - orim25 - Dec 21 2011 - 2:03am - 3 comments
- Fixed or variable rate mortgage?
Good morning We are thinking about renegotiating our mortgage (with RBC) from a 4.49% fixed rate mortgage to a variable rate mortage. It may be 15 years before we pay the mortgage off. I'd appreciate your thoughts on whether this is a good ...
Forum topic - peter31 - Jun 6 2011 - 10:27am - 7 comments
- H.R. 3808: Obama Prepares to 'Legalize' Foreclosure Fraud
You've heard of the problems with fraudulent foreclosure affidavits, which have allowed houses to be seized without notification to the borrower, without valid custody of the note, and so forth? This is a HUGE problem deriving from screwed-up ...
Forum topic - machinehead - Oct 7 2010 - 11:29am - 15 comments
- FHA Reserve Ratio Plunges Toward ZERO
From Bloomberg: Nov. 12 (Bloomberg) -- The Federal Housing Administration’s mortgage insurance reserves fell to the lowest level in history and the government said more steps are needed to shore up the agency that guarantees one of every five ...
Forum topic - machinehead - Nov 12 2009 - 12:58pm - 0 comments
- 60 minutes on CDS
http://www.cbsnews.com/video/watch/?id=5274961n (Current News & Events, bets, CDS, derivatives, games, mortgages, Important) http://www.cbsnews.com/video/watch/?id=5274961n ...
Forum topic - investorzzo - Aug 30 2009 - 10:46pm - 0 comments
- Senate probes banks for meltdown fraud
A House panel voted this week to allow regulators to bar banks from offering executive-pay plans that encourage too much risk. The move came after Goldman Sachs reported record profits for the second quarter and said it has set aside $11.4 billion ...
Forum topic - investorzzo - Jul 30 2009 - 3:16pm - 1 comment
- Undermining home ownership imperative
Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing. In Massachusetts, a record number of ...
Forum topic - investorzzo - Jul 13 2009 - 11:01pm - 4 comments
- Foreclosure update: it's worse then anyone thought!
Delinquent Mortgages Are Soaring; Foreclosures Aren't What that means is the banks are hiding more then anybody new. The other part of the problem is that if the bank actually forecloses, there is no way that it can avoid recognizing the ...
Forum topic - investorzzo - Jul 9 2009 - 6:48pm - 10 comments
- The Second Crash – On the Way and Unstoppable
http://www.financialsense.com/editorials/casey/2009/0528.html (Current News & Events, crash, Housing, mortgages, Important) http://www.financialsense.com/editorials/casey/2009/0528.html ...
Forum topic - investorzzo - May 29 2009 - 5:04pm - 0 comments
- Fraud by Mortgage companies key cause of Foreclosures
video. What a racket..... http://www.consumerwarningnetwork.com/2009/05/11/fraud-by-mortgage-compa... Re: Fraud by Mortgage companies key cause of Foreclosures Interesting video. A few things though. Sub prime loans ...
Forum topic - investorzzo - May 28 2009 - 11:11pm - 1 comment