-
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
-
Resources
-
Meta
Category Archives: Other – Business & Finance
Why aren’t the mortgage companies and Banks resetting home loans to current value?
tarl m asked: I was told that the mortgage companies and banks are going to reset (re-write) home loans starting on Oct 1st. Why are they waiting so long? If they re-set the loans now they will receive monthly payments … Continue reading
Posted in Other - Business & Finance
Tagged Current Value, Greed, Home Loans, Money, Monthly Payments, Mortgage Banks, Mortgage Companies, Mortgage Loans, People
Comments Off
How is a used car trade-in financed when it has negative equity?
Sammy asked: Example, car being traded in is worth $26K with a loan payoff of $30K. If the car I want is $26K, is the full $30K financed again (the dealer gets my trade-in, pays off the $30K then finances … Continue reading
Posted in Other - Business & Finance
Tagged 26k, 30k, Car Trade, Finances, Loan Payoff, Negative Equity, New Car
Comments Off
How do home loans work?
Felix D asked: Hey there, Lets say for example John Smith takes out a home loan of $500,000 for 30 years at 8.6% per annum. What does it mean by “… at 8.6% per annum”? Like does he have to … Continue reading
Posted in Other - Business & Finance
Tagged 500k, Cheers, Clueless, Example John Smith, Hey, Home Loan, Home Loans, Somthin
Comments Off
What percentage of America’s mortgage debt is currently held by savings & loans versus commercial banks?
Eagle watcher asked: There was a savings & loan scandal in 1989. Since then I imagine that their portion of the total of American’s mortgage loans has declined. Concomitantly have commercial banks increased their share of the total mortgage debt … Continue reading
Posted in Other - Business & Finance
Tagged American Mortgage, Commercial Banks, Debt Loans, Loan Scandal, Mortgage America, Mortgage Debt, Mortgage Loans, Savings Banks, Savings Loan
Comments Off
I want to broker auto loans from my home office, but have no ideal how to get started. advice, please?
cj.lowery asked: I currently work in the mortgage financing industry. I would like to be able to refinance my customers auto loans along with their home loans. Many of them do not have the equity to pay their auto loans … Continue reading
Posted in Other - Business & Finance
Tagged Advice, Auto Brokers, Auto Finance, Auto Loans, Beneficial Service, Broker Auto, Finance Brokers, Home Loans, Ideal, Mortgage Financing, Mortgage Industry, Refinance Auto, Refinance Loans, Supplement Income
Comments Off