Archive for November, 2009

Good Laughs With Jay Leno

Enough of serious stuff today. Enjoy your weekend after Thanksgiving celebrations with good laughs of JayWalking: Viva Las Vegas!
Isn’t not great to know basics of history, geography, and just have common sense? Of course, it doesn’t hurt to be well educated. But if you are graduated college and are proud of your achivement, [...]


Does Chase Help Consumers to Preserve Their Homes?

On November 10, 2009 Chase bank inIselin, N.J.,distributed a Press Release with the title “Chase to Hire 1,200 Mortgage Officers to Help Families Buy, Refinance Homes.” Here are great news that Chase announced to the rest of us. Don’t expect to be able to talk with these new mortgage officers for a year or more, [...]


The Chase Bank Home Mortgage and Service BureauCrazy

In the wave of the government bailouts, JP Morgan Chase bank was one of the first to collect huge amounts of taxpayers money. Not that this giant bank badly needed it, but because this financial Goliath was given a chance, just in a case,  to sustain and  do not disappear from the face of the earth. 
Many other much  friendlier, [...]


The Banks Play Questionable Games With Mortgage Holders

Today’s post most likely refers to many of you struggling to pay your mortgages and looking for help to reduce your monthly payments.  Read it carefully, come to the right conclusions and change your mindset. Acquire knowledge, educate yourself and act!
Interesting discovery! Mortgage companies’ intentions are questionable  and not so noble as you may think. They will [...]


How Can You Get Qualified For Mortgage Modification?

Mike Rockwood successfully negotiated  with several banks modification of his 5 mortgages. One is his prime residence home loan and four loans are for investment properties. He is real estate broker, and was dealing on his own with the lenders to modify his multiple loans. By doing himself without any help from outside “experts”, he learned [...]


Harry Potter’s Own Chamber of Secrets in New York

For some people real estate doesn’t look so bad today. Daniel Radcliffe, a British actor, best known for playing Harry Potter in the feature film series based on the popular seven fantasy novels written by British author J.K. Rowling, recently bought 19th century compound in Greenwich Village (New York) for $5, 650.000.
The property has 3 buildings, which [...]


The Option Arm Mortgage Leads Borrowers Into a Trap of Desperation

This video was made on November 2007. Watch it and see for yourself how so little changed from that sad beginning of our economy downfall and crush of the real estate market. Watch how a mortgage can turn into a nightmare if it’s the Option Arm, a genius trick invented by creative banks, a trap [...]


Update on Three Key Housing Measures

                             
At the end of October Secretary Geithner and Secretary Donovan announced their support for three key housing measures:

Extend the First Time Homebuyer Credit, with strong anti-fraud measures. The Administration supports a limited extension of the First Time Homebuyers Tax Credit, which is currently set to expire on December 1. This credit has made the difference [...]


Administration Calls on Congress to Approve Key Housing Measures

 This Press Release was published on October 29th, 2009. If you are first time buyers or are looking for potential solutions to refinance your existing mortgage or modify it, you can find this information helpful.
Washington, DC – Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan called on Congress to approve three important measures to improve [...]