Sunday, January 9, 2011

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans


New Mortgage Bill Explained

Posted: 09 Jan 2011 06:12 AM PST

Maggie Rodriguez spoke to Ray Martin about how to find out if you are eligible for help from President Obama’s mortgage plan.

Greek Lawmakers Pass Spending Cuts Required for Loans

Posted: 09 Jan 2011 06:12 AM PST

This is the VOA Special English Economics Report, from voaspecialenglish.com | http Greece’s debt crisis has shaken investors in the United States and worldwide. They worry that it could spread far beyond Greece. On May sixth, a day after huge protests in Athens, the Greek parliament approved a series of spending cuts. Greece has to cut thirty billion dollars as part of a bailout deal with the European Union and the International Monetary Fund. The deal is for one hundred forty-five billion dollars in loans.The cuts include wage freezes and reductions in retirement pay for government workers. Critics say the austerity plan will hurt the poor especially. But Greek labor costs are high even for Europe. And Greece’s public debt is equal to at least one hundred fifteen percent of its economy. The cuts may be the only hope to avoid declaring bankruptcy.Sebastien Galy is senior currency strategist for the French bank BNP Paribas. He says other European countries delayed rescuing Greece because it was politically unpopular. Now they are paying for it.European countries promised to make eighty billion euros in loans available over the next three years. The International Monetary Fund promised thirty billion. The quality of Greek government debt is now rated at “junk” levels. The high risk has investors demanding higher interest rates, and not only on Greek debt. Portugal and Spain have also had their credit ratings reduced. Both borrowed from credit markets. And both had to pay

Is it considered insurance fraud if my insurance company pays to replace my gutters and I keep the old ones?

Posted: 08 Jan 2011 11:13 PM PST

Lets say there was a huge hail storm and my gutters were ruined and the Insurance agreed to replace them. If I keep the old gutters (after the new gutters are installed) to put on another property I own, is that considered insurance fraud?
So, what about in the case of a car? If your insurance company deems the vehicle "totaled" they take possession of the car correct? You can’t keep the car unless you buy it back from the insurance company right?

Keiser Report – Markets! Finance! Scandal! (E78)

Posted: 08 Jan 2011 06:14 PM PST

This time Max Keiser and co-host, Stacy Herbert, look at the scandals of the ‘living’ dead centenarians collecting pensions in Japan and of Iceland’s ex-premier defending his innocence against charges of ‘economic recklessness.’ In the second half of the show, Max goes to Detroit to talk global deflationary collapse with Nicole Foss of Automatic Earth.

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