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Popular Scams in Lending & Mortgage

Popular Scams in Lending & Mortgage(0)

March 20, 2009

I found an interesting post on a popular blog, The Consumerist, about popular mortgage scams to watch out for.  With the economy in bad form, more and more scams are going to emerge.  Some popular mortgage & lending scams are the following:

Builder Bail-Out Scams: In this scam, individuals seeking funds for distressed or halfway [...]

Popular Scams in Lending & Mortgage
What Is the Future of Banking and Lending?

What Is the Future of Banking and Lending?

I really liked a new blog post I found recently about all of the changes in lending,  New World of Lending: 2009 Economic Forecast
Some of the facts in the post I found to be a little hard to swallow but unfortunately completely believable.  One sad fact is that, yes, down payment assistance programs have been [...]

Government Plans to Reduce Mortgage Rates No Solution for Tight Credit

Government Plans to Reduce Mortgage Rates No Solution for Tight Credit

In the wake of the Fed’s $600 billion plan to reduce mortgage rates, there is now talk that the Treasury is developing another plan to get rates even lower.  Last week’s mortgage rate decrease was met with an almost 40% increase in mortgage applications of homebuyers.
Rumor is that the Treasury’s new plan could reduce the [...]

Raising Money For Your Business or Idea

A Term Sheet is what you give to a bank, angel investor, venture capitalist, or an investor from whom you would like to get money for your business or investment. This is something that everyone should know how to do as it goes along with writing business plans. Most of the time, the above sources [...]


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