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Scam Artists Use Psychology To Feign Legitimacy
Scam artists use psychology to feign legitimacy -
there are many types of investment frauds. two of the better known are the ponzi scheme and the pyramid scheme. bernie madoff became wealthy running his alleged $50 billion ponzi... more »
Posted by The Media, 4/19/09 8:10 PM
Avoiding Foreclosure Rescue Scams
Avoiding foreclosure rescue scams
there are lots of good people out there who can help you get a better mortgage. and then there are the scammers. how do you tell the difference?
are there any legit nonprofit agencies to work with on... more »
Posted by The Media, 4/15/09 2:09 PM
Florida Is No.2 In Foreclosure
Home foreclosure activity hit an all-time high nationally in march, with florida taking the no. 2 spot, according to foreclosures.com.
florida recorded 18,946 foreclosures in march, a 33 percent increase from february. california, the... more »
Posted by The Media, 4/15/09 2:02 PM
Teaching Young People About Personal Finance
Many young people misuse credit cards without meaning to. they often start by making the lowest payment required. over time, their credit limit is increased, but they do not pay off their debt. young people can take on more debt than they... more »
Posted by The Media, 4/10/09 11:58 AM
Obama Is Cracking Down On Mortgage Scams
The obama administration today announced a multi-agency effort to crack down on scams that prey on struggling homeowners.
just as this administration has intensified our efforts to help american homeowners, those who would seek to prey... more »
Posted by The Media, 4/6/09 4:10 PM
My Current Situation With My Mortgage
I am more than $200,000 upside down on my current home and the bank won't entertain a loan modification and I want out of this situation! more »
Posted by Joceline P., 4/4/09 3:54 AM
Dow Jones Climbed More Than 936 Points
Wall street rebounded the most in seven decades monday on a government plan to buy stakes in banks.
the standard & poor's 500 index recovered from its worst week in 75 years by jumping nearly 12 percent, or 104.13 points to close at... more »
Posted by The Media, 10/13/08 6:09 PM
Wamu Latest Casualty Of Financial Crisis
Wamu is the latest casualty of a financial crisis that drove lehman brothers holdings inc. and indymac bancorp out of business and led to the hastily arranged rescues of merrill lynch & co. and bear stearns cos., which was itself absorbed... more »
Posted by Bloomberg.com, 9/26/08 7:15 AM
700 Billion Bailout For Financial Crisis
There was the collapse of u.s. investment bank lehman brothers, a bank of america buyout of merrill lynch and a government bailout of insurer aig. then, president bush on saturday asked congress for the authority to spend up to $700... more »
Posted by The Media, 9/21/08 7:16 PM
The Big Financial Market Bailout Plan
The plan: The federal government would buy up "hundreds of billions of dollars" of illiquid mortgage assets at a deep discount from banks. The Treasury Department is likely to run the program directly, unlike the savings and loan crisi more »
Posted by The Media, 9/20/08 6:43 AM
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Escrow
Escrow is a legal arrangement whereby an asset (often money, but sometimes other property such as art, a deed of title, website, or software source code) is delivered to a third party (called... more »
Mortgage
Capital And Interest
The most common way to repay a loan is to make regular payments of the capital (also called principal) and interest over a set term. this is commonly referred to as (self) amortization in the... more »
Mortgage
Interest Only Mortgage
Interest only mortgage is the main alternative to capital and interest mortgage, where the capital is not repaid throughout the term.
this type of mortgage is common in the uk,... more »
Mortgage
Secondary Mortgage Market
Putting the process in motion
homebuyers apply for mortgages from primary market mortgage lenders such as banks, thrifts (which include savings and... more »
Mortgage
Mortgage Refinancing Cost
Refinancing is not free, although you may sometimes not have to come up with cash at closing.
when you refinance your mortgage, you usually pay off your original mortgage and sign a... more »
Mortgage
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