Tuesday, December 21, 2010

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

Foreclosures: Landmark v Kesler CEPersVid-35

Posted: 21 Dec 2010 03:46 AM PST

Discusses the implications of a landmark decision — Landmark National Bank v. Kesler – on 8/28/09 by the Supreme Court of Kansas holding that Mortgage Electronic Registration Systems, Inc. (otherwise known as “MERS”) has no standing to commence a foreclosure action as to a home mortgage registered with it, and that when MERS transfers title to the mortgage the assignee may not get good title to the mortgage, which means that the assignee also may not have standing to foreclose. This is truly a landmark case that is going to be featured in more than half of the defended foreclosures in the US and is a basis for obtaining remedies for wrongful foreclosure by homeowners who have already lost their homes to unopposed judicial or non-judicial foreclosures. This decision is so important that it overwhelms anything the Obama administration or Congress may try to do for mortgage-oppressed homeowners. CEPersVid-35

Mortgage market and interest rate commentary for Monday November 22, 2010

Posted: 20 Dec 2010 11:33 PM PST

Mortgage market and interest rate commentary from Bruce Brown, CMPS with Pulaski Bank Home Lending and radio host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.

Be Mindful When Finding Mortgage Lenders In a Shaky Financial climate

Posted: 20 Dec 2010 10:03 PM PST

Having a mortgage is a bit more difficult these days than it had been only a few years back due to the economic crunch the United States has been experiencing. Lenders who have been providing money to someone who wished to buy a home are now tightening their own wallets, because mortgage loans have become a poor risk. Nevertheless, economists are also informing us that this is actually the right time to buy, when both interest rates as well as home prices are low, and mortgages are for competent purchasers. If you are thinking of taking advantage of the existing housing market to buy a property, you’ll need a mortgage lender who will make your mortgage process easy and effortless while still keeping you informed of knowing what’s going on.

When you go out to see a Fitchburg mortgage broker, there are three things you should realize. The interest rate that you’ll get from any lender will be based on how big of a credit risk you are, the situation of the economy as a whole, as well as the kind of loan they provide you. Under this system, risky borrowers may still have a loan, but the interest rate will be greater than what it might be for any borrower who was not deemed a risk. You will want to interview several lenders after which spend some time extensively examining the info they provide you with. Failure to do so could find yourself charging you lots of money.

Usually, if you’re able to get by with a 15-year mortgage instead of a 30-year one, it is possible to get a reduced interest rate. That’s because you won’t be tying up the lenders’ money for as many years. As interest rates go up, mortgage lenders would like to get their cash back from borrowers to be able to invest it at the new, higher rates. You will also save a lot of cash on overall interest with the shorter-term loan. Discuss to your mortgage lender to find out more about the loans they are providing.

Banks as well as other mortgage lenders in Watertown have been through a bad time. They are glutted with foreclosures which means they aren’t receiving the money back that needs to be returned. With housing prices having dropped significantly, even marketing the houses is only going to give them a return of pennies on the dollar. Thus, they may be slightly nervous today about making the right choices when offering to finance a person’s house. Using the right lender as well as a favorable credit rating, however, you must be able to finance your new house with no problem.

Insurance Information : How to Become an Insurance Agent

Posted: 20 Dec 2010 08:50 PM PST

Becoming an insurance agent usually requires some type of bachelor’s degree in order to apply to either a direct writer insurance company or an independent insurance agent. Find out how to become an insurance agent with tips from an insurance agent in this free video on insurance information. Expert: Seann McWhorter Contact: www.insureright.biz Bio: Seann McWhorter is the principal agent at Insure Right Insurance located in Lehi, Utah. Filmmaker: Michael Burton

What is the best way to recruit people to become insurance agents?

Posted: 20 Dec 2010 11:15 AM PST

I recruit people for Farmers Insurance to become insurance agents. We train and help finance them to open their own insurance office. I’m doing this within a 30 mile radius of Fredericksburg, Virginia.
I use internet recruiting sites, newspaper and radio advertisements, career fairs, mail campains, cold calling, and current agent referals. I’m not getting as many interested people as I would like.

A Look at the Positive Side of Payday Loans

Posted: 20 Dec 2010 07:16 AM PST

The negative publicity that hangs around payday loans is difficult to ignore. Whilst we can’t ignore the negative side of same day loans, this can often be over stated and drown out the many benefits they provide.

Let’s address the negatives though first. It’s hard to avoid the unusually high rate of interest that payday loans employ. This means that you’ll be charged between 15 and 25% for the amount you’ve borrowed, even if that is only to cover you for a few days. Comparing this with a traditional 2 or 3 year bank loan, interest rates seem horrendously exaggerated. There’s two sides to every story, so let’s take a look at the more positive aspect. Say you’ve been caught out by a few unexpected bills, your vehicle has been in the garage or you’ve had to do some emergency work on the house. If this is the case, and you don’t have a huge reserve of cash available, there’s a pretty decent chance that you’ll find yourself running short on money come the end of the month.

If this is the case and you don’t have the time or the credit rating to get an extension on your overdraft or to get a loan from the bank, what can you do? If it’s the case that you still have bills to come out of your account, then you’ll need to make sure that you have the funds available to cover these. If you are unable to meet the cost of your standing orders or slip into an unauthorised overdraft you can expect to get hit with a standard charge.

When you end up paying charges to your bank and any other lenders as a result of exceeding an overdraft or missing payments, you will often receive a hefty fine. If that’s not bad enough, your credit rating will suffer too. This in turn will make it difficult for you to secure funds in the future. Bank charges will often eclipse the amount of interest applied to payday loans.

In this instance, as with any other, the cheapest solution is also often the best. You won’t have to suffer the stress and annoyance that comes with contact from the banks and other lenders telling you that you have insufficient funds. This applies to any number of scenarios where having a shortage of cash could leave you spending more later as a consequence.

You shouldn’t take the decision to get a payday loan lightly. You should take the time to understand what it involves, what you need to pay back and whether you will be able to do so comfortably. Unfortunately it’s usually when people are under prepared or misinformed that issues arise. So if you do have any reservations, be safe and don’t apply. However, if you’ve done your research and are comfortable with the interest associated with payday loans then you could have cash in your account within a matter of hours. A payday loan can help you to avoid:

  • Being unable to cover repair costs
  • Constant contact from lenders over unpaid debts
  • Added stress of debt
  • Missing an important engagement
  • Damaging your credit rating

Posted by Blogku at 7:21 AM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)