This blog is about many things, there are a lot of other things about this blog that you might not have known about. Read around for more information.
The homebuyer tax credit is long-forgotten by most, but there’s still time to take advantage of it for some members of the military and certain overseas government employees.
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Military Tax Credit Deadline Nears
Want to weigh in on what you think the government should do to protect consumers in mortgages and other credit transactions? The new Consumer Financial Protection Bureau (CFPB) web site allows you to do just that.
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New Consumer Bureau Goes Online
Acknowledging that it “made mistakes” in servicing mortgages taken out by military personnel, JP Morgan Chase & Co. has said it refund approximately $2 million to service members who were overcharged on their home loans.
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Chase to Refund $2M in “Mistakes”
Illinois Congressman Dan Lapinski once said, “On the battlefield, the military pledges to leave no soldier behind. As a nation, let it be our pledge that when they return home, we leave no veteran behind.” The American desire to take care of its veterans dates back to 1636. The Pilgrims were at war with the Pequot Indians, and they passed a law that their colony would take care of all disabled soldiers. And in this spirit, the Department of Veteran’s Affairs (VA) guarantees home loans for military men and women.
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Challenges of VA Loans
… at the performance of UK All Companies sector funds over August 2007 (when the sub-prime mortgage crisis surfaced in the US) to April 2009. The range of decline among the …
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Just grin and bear it
… FHA loans are harder to get than subprime was during the boom no stated … in 2007 stopped buying securities backed by mortgages with no government protections, lenders increased or …
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1-in-4 O.C. homebuyers borrow 96.4% of sale price
… recession, since the Fed was handling the sub-prime credit problem, and global growth was expected … facing a massive second wave of probable mortgage defaults) without destructive repercussions. There is very …
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Three Must Read Market Articles
… 2009, the world economy was still challenging due to the worsening of the US sub-prime mortgage crisis towards the end of calendar year 2008 which has adversely affected the economic …
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Production & sales of dyed fabrics drop at Fountain Set
… bet. His Credit Opportunities fund launched in 2006 with $150 million aimed to short subprime mortgage backed securities. This fund enjoyed immediate success, causing him to launch the Credit Opportunities …
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Paulson & Co Hedge Fund Files 13G on AngloGold Ashanti
… 2006 and consumer spending slumped as the credit-market freeze triggered by the collapse of subprime mortgages eliminated Wall Street jobs. require tough decisions, but more importantly, they require the right …
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Corzine Faces Chris Christie in New Jersey Race