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As the daughter of a Realtor I was always taught (I have owned 5 houses) that the mortgage can be generally calculated as 1% of the loan. So, if the mortgage is $120,000 by the time you add in taxes & insurance your payment will be $1200.00 a month. Now as a Mitigator Consultant (helping people get...
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After weeks of delay, the White House on Tuesday released its regulatory reform plan for derivatives trading, including a provision that would require all standardized derivatives to trade on exchanges regulated by the Securities and Exchange Commission or the Commodity Futures Trading Commission.
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Any talk of new regulation tends to frighten investors and, today, the Obama administration is announcing new plans to empower the Federal Reserve and create new institutions for systemwide oversight. The S&P 500 has already fallen 3.6% this week, and futures show few signs of improving at the today’s...
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The President's loan modification plan is a good faith attempt at keeping people in their homes, but there are a few economical and operational components missing. First, and foremost, no borrower wants to pay on a mortgage that is so far under water that they will be unable to come up for air in...
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President Barack Obama said that the government is acting "aggressively" to resolve the ongoing crisis and said that differences within the G20 have been "overstated". Speaking at a news conference alongside UK Prime Minister Gordon Brown in London, England, on Wednesday, Obama said...
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U.S. President Barack Obama will meet with the heads of the U.S. banking system to discuss the administration's recent initiatives to support the financial system, while traders will receive the Personal Income and Spending Report from the U.S. Commerce Department on Friday. The U.S. Personal Income...
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Live! From Outside the White House: President Barack Obama Holds News Conference Prior to California Town Meeting [FULL CLIP - 14:10] (Bloomberg News)
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The Obama administration will try to be " creative " in finding a solution to the AIG bonus fiasco , the White House's economic adviser said on Tuesday. Speaking on CNBC, White House National Economic Council Chairman Lawrence Summers said the administration will explore all options to...
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If you're unable to manage your mortgage or you're already behind on payments, try negotiating a workout plan with the lender so that you can avoid foreclosure. There are workout plans such as forbearance, deed in lieu, short sale, loan modification and others. You need to choose the one that...
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http://www.REALSTUBS.com THANKS OBAMA FOR INSURING EVERYONE MUST BE WORKING IN ORDER TO MODIFY THEIR SUBPRIME ARM NO DOC STATED INCOME LIAR LOAN! WHAT GOOD IS THAT FOR A FAMILY WHERE THE HEAD OF HOUSEHOLD HAS BEEN LAIDOFF? HOW DOES THIS BENIFIT ME??? WELL, I FOUND A SOLUTION! I CAN NOW WORK FOR ANYONE...