Posts Tagged ‘market’
Walk away from your mortgage!
With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away.
On Countdown. Copyright MSNBC 2010
Keith Olbermann housing market real estate mortgage default Countdown strategic default banks bankers
Duration : 0:6:40
The dollar carry trade, my mortgage bankers presentation
also check me out on http://facebook.com/SchiffReport and http://twitter.com/PeterSchiff
Duration : 0:6:51
Real Estate Woes: The Subprime Mortgage Crisis by CAP
http://www.americanprogress.org/issues/2008/01/barr_testimony.html
With each passing release of housing-related data, the picture becomes bleaker for the estimated 1.8 million homeowners with subprime mortgages whose interest rates have reset this year or are due to reset before the end of next year. Many of these borrowers and their families hold the 22 percent of adjustable rate subprime loans currently delinquent or the 3.84 percent of subprime loans that entered foreclosure in the second quarter of this year. For those still current on their loans, they can look forward to increases in monthly payments averaging 30 percent to 50 percent when their rates reset.
There have been a number of proposals offered to help these and other troubled borrowers, but the range of solutions suggested to date still leaves a significant number of families without any solution to their problems.
For more of CAP’s work on the current housing crisis please visit
THE CENTER FOR AMERICAN PROGRESS
www.AMERICANPROGRESS.org
Duration : 0:1:27
First Principles’ Dachille Discusses Fed Policy, Assets: Video
Feb. 17 (Bloomberg) — Doug Dachille, chief executive officer of First Principles Capital Management LLC, talks with Bloomberg’s Peter Cook about Federal Reserve monetary policy and mortgage rates.
The Fed said its top officials last month debated how and when to shrink the central bank’s $2.26 trillion balance sheet, with some policy makers pushing to start selling assets in the near future. (Source: Bloomberg)
Duration : 0:3:49
Home Sweet Home Mortgage – Best Buys w/ Alan Mendelson
HOME SWEET HOME CONSULTANTS has experts to help you negotiate with your current lender to help you stay in your home. Home Sweet Home Consultants will negotiate on your behalf with your bank to help reduce your interest rate, or extend the term of your mortgage to reduce payments, or to get you better terms to help you avoid default and foreclosure. The philosophy at Home Sweet Home Consultants is clear — if you wouldn’t go to the IRS for an audit by yourself, you wouldn’t want to negotiate with your bank or lender by yourself. Home Sweet Home Consultants can also arrange for other loans if it can find a better deal than what your existing lender might offer to you. The company reports a very high success rate because it carefully chooses the clients it can help. You will have to provide certain income and expense and mortgage documents. Call Home Sweet Home Consultants at (877) 306-6343. Dial carefully as the area code is 877. Their web site is http://www.homesweethomec.com for more information.
Duration : 0:3:0
Mortgage Meltdown – 44min. documentary
See full film here:
http://journeyman.booserver.com/store?p=2556
17 September 2007
What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? ‘Mortgage Meltdown’ examines how our interconnected finance systems left the world vulnerable to a global credit crunch. It traces the current crisis to the fallout from September 11, hearing from the families now facing destitution while the ‘market corrects’. With banks now afraid to lend to each other, the subprime mortgage crisis threatens to push America, and possibly the rest of the world, into recession.
Produced by ABC Australia
Distributed by Journeyman Pictures
Duration : 0:10:8
Need to know: First direct mortgage loan freeze
Anne Ashworth on how borrowers will be affected by the cut to mortgage lending
Duration : 0:1:4
Goodbye First Magnus Financial Corporation
I finalized this video the day that I left First Magnus, good times, great memories!
Duration : 0:8:23
What Mortgage Lenders Require of Borrowers in a Declining Market
Qualifying for mortgage loans has changed completely over the last year. In a declining market, what do mortgage lenders require? Listen to what one southern California expert says about appraisals, mortgage loans and today’s real estate market in this Expert Real Estate Tips segment.
Duration : 0:1:12
Peter Schiff Mortgage Bankers Speech Nov/13/06
My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2,000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let’s see if we can get this clip to go viral.
Thanks to a YouTuber called “csabasand” here is a full transcript: http://www.csaba.se/2009/09/26/peter-schiff-mortgage-bankers-speech-2006-complete-transcript/
also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff
Duration : 1:12:41