06 Feb
Ruth Fremson/The New York Times - Senators Charles Schumer, left, and Ben Nelson.
The news on the street is that there is a compromise and the Senate is ready to vote on a smaller $780 Billion package for the American Recovery and Reinvestment Act of 2009 . But I think this is hogwash. So far […]
Posted in 2009 Stimulus, Economy, Investments, Mortgage, Personal Finance, Real Estate, Recession by: Leading Rich
48 Comments
25 Feb
Last week FreedomWorks released a Wharton study titled “The Inequity of Subprime Mortgage Relief Programs“. This study has extensive research including the distribution of subprime mortgage debt outstanding. Interestingly enough you may be surprised at the distribution. Below is an excerpt of the analysis showing California, Florida, New York and Texas with the greatest Subprime […]
Posted in Economy, Mortgage, Personal Finance, SubprimeMortgages by: Leading Rich
3 Comments
21 Feb
Foreclosure Self-Defense For Dummies brings foreclosure information out of the headlines and into the hands of people who need it most.
DETROIT, Feb. 19 /PRNewswire/ — Foreclosure self-defense expert Ralph R. Roberts, GRI, CRS, announced the publication of his new book Foreclosure Self- Defense For Dummies (Wiley, February 2008, 332 pages) today. The book, co- written […]
Posted in Economy, Mortgage, Real Estate, SubprimeMortgages by: Leading Rich
2 Comments
21 Feb
NEW YORK, Jan. 31 /PRNewswire-FirstCall/ — After the sharpest four-week decline in more than 18 years, mortgage rates bounced back, with the average conforming 30-year fixed mortgage rate now 5.88 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.38 discount and origination points.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO […]
Posted in Mortgage, Personal Finance, Real Estate by: Leading Rich
4 Comments
16 Feb
This week was a busy week. We started on the best footing with President Bush signing the $168 Billion stimulus package. Unfortunately one other headline made a larger impact on the day and that was the House of Representatives grilling of Roger Clemens on the allegation of Steroid Use. Many of the major news organization […]
Posted in 2008 Stimulus Package, Economy, Mortgage, Personal Finance, Real Estate, SubprimeMortgages by: Leading Rich
5 Comments