Archive for the 'banks' Category



 
At the beginning of this month’s issues that things are changing dramatically, but at a glacial pace. If you want a shining example of this evolution, look no further than the financial crisis and the stalled "four -step plan: of Treasury Secretary Tim Geithner.
Economists and experts agree with me that a "zombie bank," or a government-run institution that […]

Donald Trump says: It’s Time to  BUY-BUY-BUY Real Estate.
It will be the year for the largest Real Estate Liquidation in history.
Banks are selling foreclosed properties for pennies on the dollars these days.
Home prices are dropping throught the floor.
Interest Rates are historically low (EVER).
Good Luck!
Ninfa Carpenter
 
 

Subprime Mortgage Bust
 

Many of the subprime mortgages originated since 2000 had adjustable interest rates as opposed to fixed rates. In 2006, an estimated 80% of all subprime loans originated featured “teaser” rates as low as 1% during the introductory period.[18] When the introductory periods ended, borrowers found themselves with monthly payments that were much higher, […]

Subprime Mortgage Bust
 

Many of the subprime mortgages originated since 2000 had adjustable interest rates as opposed to fixed rates. In 2006, an estimated 80% of all subprime loans originated featured “teaser” rates as low as 1% during the introductory period.[18] When the introductory periods ended, borrowers found themselves with monthly payments that were much higher, […]



 
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