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Options For Avoiding Foreclosure

If you are having trouble keeping up with your mortgage payments, you’re not alone. If you are three months or more behind in your mortgage payments, then you are one in an estimated 3 million or more who are currently in one state or another of default. In this situation, however, what are your options for avoiding foreclosure

Asset Manager Warns of Likely Loss on Stuy Town Loan

As coverage continues this week in the wake of a New York court ruling that presented a negative credit event for commercial mortgage-backed securities (CMBS) involving the Peter Cooper Village/Stuy Town mortgage, at least one market observer warns the speculation over current value may lead to greater losses. Widely-published reports on the value of the property

Personal Loans For Any Purpose

by Matthew Persinger Are you looking for some inside information on high risk personal loans? Here’s an up-to-date report from personal loan experts who should know.

Forebearance To Prevent Foreclosure And Short Sale

By Randy Scott The FDIC, in a bid to prevent foreclosures and short sales, encourages lenders to allow mortgage borrowers extra time. The US, though recovering from the economic crisis, still has higher unemployment than the past four decades, and this stress on the economy and real estate industry has prompted federal regulators to try to step in

Is the Era of Democratic Credit Really Over Now?

When the Wall Street Journal printed an article a couple weeks back (subscriber only, sorry, no link) about the end of the democratization of credit, my first thought was “old news.” Credit has gotten tighter in all its forms. Credit card balances are being slashed for no reason or for red flags that were ignored before the recession , HELOCs are being closed , mortgage refinance attempts are being denied, and people aren’t getting granted as much credit in the first place. Despite all thi

IndyMac’s woes are a reflection of the financial industry’s persistent troubles

IndyMac’s woes are a reflection of the financial industry’s persistent troubles from the mortgage meltdown and the resulting credit crisis. Big Wall Street firms continue to record billions of dollars in losses on mortgage-related debt

Insurance Leads in Real Time

For all insurance agents that follow up on leads, it goes without saying that timing is everything. For example, if you follow up on a lead a week after you are tipped off about it, than chances are the customer is already working with another insurance company. When people need insurance, regardless of the kind of insurance, they usually need it right away

Getting Your Property Sold

Author: Phyllis A Rockower Source: ezinearticles.com When the property is almost ready, I like to put the sign up with a flier telling prospective buyers that if they apply now they get to pick the carpet and finishing touches.

Capmark Said Ready to File for Bankruptcy

WSJ – MIKE SPECTOR Capmark Financial Group Inc., one of the nation’s largest commercial-real-estate lenders, plans to file for bankruptcy as soon as this weekend, a person familiar with the situation said. The much-expected move underscores the deep problems in the business-property market.

Inflation Or Deflation?

Economists and investors have been arguing the debate between inflation vs. deflation for the past year.