Archive for the ‘Uncategorized’ Category

Popular Scams in Lending & Mortgage

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 [...]

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 [...]

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 [...]

Midwest REO Homes for $18,500.00

    For the price of $18,500.00 you get: 1.     Clear Title to a Midwest Property Home 2.     Management Contract with Nationwide Property Manager who will put a buyer in the home, do all the contracts, etc. 3.     Sale Guarantee.  If the property cannot be re-sold, we will exchange it for you. 4.     Min 20% [...]

CAFTA – Success or Failure?

What is CAFTA? (Central American Free Trade Agreement). Most people don’t even know that we signed a Free Trade Agreement in 2004 with several countries in Central America. To inquire further, click on link to the article below. I thought this article in the Financial Times was interesting and wanted to comment on it. CAFTA [...]