Blogging on Home Equity Loans, Home Equity Line of Credit, and Home Mortgage
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Buy a Home With a Government Grant? Avoid this Scam
Author: Administrator30 Nov 2005
If you’ve heard all the info-mercials and are looking at trying to buy a home with a government grant, take a look at this article before you do….
Reverse Mortgages ? A Tax Free Income For Senior Citizens
Author: Administrator28 Nov 2005
Good article on reverse mortgages and seniors….
Good tips to help you cut mortgage refinance fees…
Author: Administrator27 Nov 2005
Be sure to remember these items when refinancing your mortgage….
Happy Thanksgiving!
Author: Administrator24 Nov 2005
Our team here at MoneyTalks-BSWalks.com very much appreciates your support over this past year, and want to take this opportunity to wish you and your family a happy and safe Thanksgiving!!
House Democrats to Submit TARP Reform Bill on Friday Afternoon
Author: RSS9 Jan 2009
House of Representatives Democrats will submit a bill to modify the terms detailed in the $700 billion Troubled Asset Relief Program to put additional constraints on how the U.S. Treasury disperses the second half of the funds. Throughout the day, newswires...(read more)... Read More Now...
CITI Drops Opposition to Cramdown
Author: RSS9 Jan 2009
Citigroup and key Senate members reached an agreement on Thursday that will bring the Helping Families Save Their Homes in Bankruptcy Act one step closer to passage. The proposed law, introduced by Senator Durbin (D-IL) in the Senate and Rep. John Conyers...(read more)... Read More Now...
Consumer Credit Declines for Second Month in a Row
Author: RSS8 Jan 2009
U.S. consumers are continuing to have a hard time accessing credit, as seen in a Federal Reserve report Thursday, which revealed that consumer credit declined for the second consecutive month. U.S. consumer credit fell by $7.9 billion in November to ...(read more)... Read More Now...
Obama Calls for a Whole New Approach to End Crisis
Author: RSS8 Jan 2009
President-elect Barack Obama said the ongoing crisis didn't happen by accident or through a normal turn in the business cycle, but rather it was the outcome from an "era of profound irresponsibility." He said bold action must be taken to...(read more)... Read More Now...
Long Term Rates Set another Record
Author: RSS8 Jan 2009
Long-term interest rates continued to drop during the week ended January 8 according to data released by Freddie Mac Thursday morning. The Primary Mortgage Market Survey recorded the tenth consecutive week of mortgage rate declines and the 30-year fixed...(read more)... Read More Now...
Who, What, Where and How the Dow?
Author: RSS8 Jan 2009
Anyone who turns on a television or radio or opens a major web portal like Yahoo or AOL knows about the Dow Jones Industrial Average (DJIA). Lately a lot of people probably know more about the Dow than they really want to. Few people, however, know what...(read more)... Read More Now...
MBA Says Commercial Real Estate Market Coming Under Pressure
Author: RSS8 Jan 2009
The U.S. economic slowdown and credit crunch are beginning to affect the commercial real estate market in the United States, according to a report from the Mortgage Bankers Association on Thursday. "Despite relatively modest new construction activity...(read more)... Read More Now...
Paulson Says GSEs Should Become Public Utility-Like Firms
Author: RSS7 Jan 2009
The best option for Fannie Mae and Freddie Mac may be to convert them into public, utility-like organizations that would not hold any investment portfolio, U.S. Treasury Secretary Henry Paulson said on Wednesday. Speaking at the Economic Club of Washington...(read more)... Read More Now...
MBA Mortgage Applications Move Down in Week Ending January 2
Author: RSS7 Jan 2009
Weekly mortgage applications in the United States fell in the week ending Jan. 2, according to data released from the Mortgage Bankers Association (MBA) on Wednesday, which reported an 8.2% week-over-week decrease in applications. In the previous week...(read more)... Read More Now...
Pending Home Sales Suggest No Quick Recovery for Housing Market
Author: RSS6 Jan 2009
Markets were expecting the housing market to continue struggling in the fourth quarter, but the November's decline in pending home sales was much worse than anticipated. Pending home sales, which predict actual home sales in the upcoming month, fell...(read more)... Read More Now...
Wellington Financial increases Fund III to $150 million
Author: RSS9 Jan 2009
In case you missed it, a press release just hit the wire that should be of interest. Wellington Financial LP added two new Canadian institutional limited partners yesterday, with commitments totalling $24.1 million. Our Fund III was originally capitalized with $125.9 million of equity commitments in October 2006. With these two new [...]... Read More Now...
Could it be that the Banks and Flaherty are both right? part 2
Author: RSS9 Jan 2009
I enjoy decoding riddles. Canadians are telling Finance Minister Jim Flaherty that they can't get credit. The Banking Oligarchy is saying they are doing all they can to make loans available to "credit worthy" clients, and that their business loan portfolios are actually growing during the recession (see prior post "Could it be [...]... Read More Now...
Report: Obama worth US$50 million to RIM
Author: RSS9 Jan 2009
For all of your RIM shareholders, here is a great NYT piece on President Elect Obama, his BlackBerry, and his potential value to Research In Motion (RIM:TSX, RIMM:Q) as a pitchman: What could the “BlackBerry president” charge for his plugs of the device if he were not a public servant? More than $25 million, marketing experts [...]... Read More Now...
Decade of Daddy Mirror Fund™ Bi-weekly Report
Author: RSS9 Jan 2009
Decade of Daddy Mirror Fund™ Bi-weekly Report Things have stablized in our Mirror Fund. The US$ is still helping us out, as is the market's view that there has been a real change in the credit backdrop at Goldman Sachs (GS:NYSE). Even then, our Decade of Daddy Mirror Fund™ (see launch in post "Decade [...]... Read More Now...
Madoff debacle may pressure Fund of Funds concept part 3
Author: RSS8 Jan 2009
Although three Canadian families may have lost sizable sums to the alleged Madoff ponzi scheme, there is at least one good story about the benefits of doing your own due diligence. The investment team at one large Toronto institutional investor was asked if it would take a meeting regarding putting capital into the Madoff Fund. [...]... Read More Now...
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