Show me the money! Securities Financing, the last place the credit is easy.
Credit? Hardly. Foreclosures aplenty. Financial Institutions and myriad other companies will continue to fail and unemployment remains high.
Car Dealers Cause Auto Emissions
Glad you're back! I read that headline today in an email from Rich Workman, President of the Florida Mortgage Brokers Association.
He goes on to say: Car dealers sell the cars the automakers engineer and manufacture. If it were not for the car dealer then there would be no car emissions. Therefore, it is [...]
FHASecure for Refinancing Adjustable Rate Mortgages in Default
As an FHA lender, we are happy to become part of the solution for the ARMS that are resetting and are in default.
In a press release issued by the Federal Housing Administration on Friday, the headline read BUSH ADMINISTRATION TO HELP NEARLY ONE-QUARTER OF A MILLION HOMEOWNERS REFINANCE, KEEP THEIR HOMES
The contents are highlighted here:
President [...]
Sub-Prime Meltdown? What About My Meltdown?
I read all the broker bashing going on . . . how lenders and greedy brokers encouraged borrowers to buy houses they couldn't afford and sign up for payments they couldn't make and about the bailout programs states are putting in place to keep people in their homes and I think back to conversations I [...]
