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Mortgage Meltdown
from Bill Moyers Journal (Video) | PBS July 18, 2008
BILL MOYERS JOURNAL travels to ground zero of the mortgage meltdown—Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis. There, more than 1,000 homes stand vacant and decaying in a neighborhood that once thrived with families living the American dream of home ownership.
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Fannie, Freddie and IndyMac
from Most Recent July 17, 2008
Author: MrtgTruth Added: Thu, 17 Jul 2008 18:39:41 -0800 Duration: 301Update on the Fannie Mae, Freddie Mac and IndyMac Bank situations. Also check out www.truthaboutmortgagerates.com
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IndyMac Bank, Fannie Mae, Freddie Mac and You - July 17, 2008
from My Word with Douglas E. Welch July 17, 2008
Want to understand what the current mortgage and banking mess is all about? This show, which I produce and co-host, helps to explain what is going on and why. -- Douglas This week brought the collapse of Indymac Bank. Their collapse wreaked havoc in the financial markets, but it can have a greater effect on individual depositor's stress levels. This could be witnessed in the unnecessary bank run on Indymac this week. Many people do not realize they should not keep more than $100,000 in any bank. Insurance only covers up to $100,000 in deposits, any amount over that is negotiable to as low as 50 cents on the dollar. But for those who have a smaller amount on deposit, don't worry, you will get every penny back. We also discuss Fannie Mae and Freddie Mac's current troubles and why they are so important to the housing market. Listen to "Indymac, Fannie, Freddie and You?" If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com. Tags: podcast podcasting mortgages loan loans bank home finance money mortgage
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Housing Relief Bill, Will it help You - July 10, 2008
from Mortgages Made Simple with Rick Gundzik July 10, 2008
The House of Representatives recently passed the Housing Relief Bill. This latest economic stimulus type Bill which must still pass the Senate has the following three goals: 1. Help distressed homeowners, 2. Tax credit for First time homebuyers and 3. Permanently increase Fannie Mae loan limits to $625,000. The most shocking provision of the Bill requires lenders to reduce a borrower's loan balance to 85% of the home's appraised value. The distressed borrower will then be able to refinance to an FHA loan. The tax credit for first time homebuyers will be $8,000. However, it will only be eligible for homes purchased from April 2008 until April 1, 2009. And finally, it will increase loan limits to $625,000 to try and keep the high cost states humming along. Listen to "Housing Relief Bill, Will it help You?" If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com. Tags: podcast podcasting mortgages loan loans bank home finance money mortgage
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The Subprime Swindle: Economic War on Black America
from YouTube Mobile Videos July 09, 2008
Nation magazine contributing writer Kai Wright, discusses his July 14 article about the mortgage crisis and its affect on the Black middle class. ( http://www.thenation.com/doc/20080714/wright ) For his story, Wright traveled to Atlanta, Georgia where he met George Mitchell and many others like him who had fallen victim to lending scams and looming foreclosures, a problem that has plagued millions around the country. Mitchel, age 77, was approached by IndyMac lenders, among others, and was convinced to take out loans he didn't need or understand. He doesn't even remember signing the papers and now faces losing the home he and his wife bought forty years ago. Wright explains that home equity is one of the main sources of wealth for many middle-class African-Americans who used home ownership as a means of attaining the American dream. Today, that wealth is being stolen from them through predative loans and a national rhetoric of borrower responsibility. Watch Wright explain the depth of the problem and what it means for the future of the black middle class.
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Voice Registry Podcast- Tracy Pattin Talks To New Media Expert Doug Welch
from Careers in Podcasting and New Media July 08, 2008
This interview was recorded a while ago, but I am so glad it is being released. It sounds good and I get a chance to talk about all things podcasting with host, Tracy Pattin. Voice Registry Podcast- Tracy Pattin Talks To New Media Expert Doug Welch Doug Welch has been podcasting since September 24, 2004, making him a veteran in the New Media industry. He is the founder of the New Media Interchange and produce/co-host of Mortgages Made Simple with Rick Gundzik. He also co-teaches with his TV writer wife, Rosanne Welch, at UCLA for Podcast and New Media for Writers, a 10-week course educating writers and others how podcasting, YouTube, Facebook and others can be used to further work and career. Download audio file (doug-welch-vr-podcast.mp3) right + click here to download podcast (9.8 MB) (Via Voicebank.net s VoiceRegistry Blog.) Post from: Careers in Podcasting and New Media by Douglas E. Welch Voice Registry Podcast- Tracy Pattin Talks To New Media Expert Doug Welch
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Low Rates versus Low Prices - July 3, 2008
from Mortgages Made Simple with Rick Gundzik July 03, 2008
This week we help out a listener who couldn't get a straight answer to a simple question.....Is it better to buy when interest rates are low or house prices are low? Our listener asked several people, but unfortunately, this industry is still full of inexperienced people who don't know a 30 year T-bond from a Fannie MBS. Fortunately we want you to be armed with knowledge so you get the best loan possible. We answer this question in depth and take a quick step on the soapbox about the real estate industry. Listen to "Low Rates versus Low Prices" If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com. Tags: podcast podcasting mortgages loan loans bank home finance money mortgage
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Bills.com Launches Free Financial IQ Test
from Bills.com Podcast Show July 02, 2008
In this special episode installment, PRWeb interviews Brad Stroh of Bills.com. Brad talks about a brand new feature, Bills IQ, where consumers can take a free, online quiz to help them evaluate their own financial stability. Bills.com will then make appropriate recomendations based on your score and indivdual results. To use this free feature, please visit: http://www.bills.com/iq
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Real Estate News 74 Interest Rates
from Revver - house Videos June 29, 2008
Author: keithcarberry Added: Sun, 29 Jun 2008 14:27:21 -0800 Duration: 713www.ReNewsYouCanUse.com Locking rates, rate changes, how does fed rate change effect my interest rate? Keith Carberry goes Bob Hope...
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FHA Loans, 2nd Homes and Rental Homes - June 26, 2008
from Mortgages Made Simple with Rick Gundzik June 26, 2008
FHA loans can be the greatest thing since sliced bread for some people. A buyer can receive gift funds, use a non-occupying co-borrower and put less money down than on your typical home loan. These are great loans for 1st time homebuyers or just about anyone who needs a little extra push to buy a home. We also answer a listener's question regarding the difference between a 2nd home and an investment property. There are different qualifications, interest rates and a few other things we discuss that you need to be aware of. Listen to "FHA Loans, 2nd Homes and Rental Homes" If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com. Tags: podcast podcasting mortgages loan loans bank home finance money mortgage
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http://www.pensacolareversemortgagepros.com
from Revver - video Videos June 22, 2008
Author: juri9753 Added: Sun, 22 Jun 2008 18:52:48 -0800 Duration: 59Find reverse mortgage tips2008 in this video. Offering reverse mortgage loan information for Texas reverse mortgages. Compare to aarp reverse mortgage. reverse mortgage calculator on http://www.pensacolareversemortgagepros.com
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Housing Equity and Short Sales - June 19, 2008
from Mortgages Made Simple with Rick Gundzik June 19, 2008
The Federal Reserve released their latest report on Housing prices across the country. It reported homeowners have lost a combined $880 billion over the last 12 months. But it's not as bad as it sounds, we'll tell you why. We also answer a listener's question regarding Short Sales. We explain how they work and why you need patience if you're involved in one. Listen to "Housing Equity and Short Sales" If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com. Tags: podcast podcasting mortgages loan loans bank home finance money mortgage
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The Next Phase Of The Mortgage Mess
from Revver - house Videos June 18, 2008
Author: lukeford Added: Wed, 18 Jun 2008 19:52:55 -0800 Duration: 86http://refinancemortgagenow.net/blog/?p=1170 Subprime is the term applied to loans given to people with shaky credit. Alt-A is the next-higher category, typically covering mortgages to borrowers who had better credit but didn't want to document their incomes or wanted an initial period of low payments, often covering only the interest on the loan. While defaults have been creeping up in the alt-A category this year, the foreclosures that have wracked the housing market so far have been largely the result of defaults among subprime borrowers.
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http://www.wareversemortgagepros.com
from Revver - video Videos June 17, 2008
Author: hath54321 Added: Tue, 17 Jun 2008 17:05:01 -0800 Duration: 92Watch http://www.wareversemortgagepros.com for reverse mortgages Snohomish WA. video on reverse mortgage loan and lender information. Reverse mortgages info for Snohomish, Seattle, Redmond, Everett WA. fha reverse mortgages.
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http://www.wareversemortgagepros.com
from Revver - video Videos June 17, 2008
Author: hath54321 Added: Tue, 17 Jun 2008 17:05:01 -0800 Duration: 92Watch http://www.wareversemortgagepros.com for reverse mortgages Snohomish WA. video on reverse mortgage loan and lender information. Reverse mortgages info for Snohomish, Seattle, Redmond, Everett WA. fha reverse mortgages.
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http://www.austinreversemortgagepros.com
from Most Recent June 15, 2008
Author: hath54321 Added: Sun, 15 Jun 2008 10:37:33 -0800 Duration: 161Find reverse mortgage tips2008 in this video. Offering reverse mortgage loan information for Texas reverse mortgages. Compare to aarp reverse mortgage. reverse mortgage calculator on http://www.austinreversemortgagepros.com
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http://www.austinreversemortgagepros.com
from Revver - video Videos June 15, 2008
Author: hath54321 Added: Sun, 15 Jun 2008 10:37:33 -0800 Duration: 161Find reverse mortgage tips2008 in this video. Offering reverse mortgage loan information for Texas reverse mortgages. Compare to aarp reverse mortgage. reverse mortgage calculator on http://www.austinreversemortgagepros.com
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