D. Drezner and R. Wright – Subprime Mortgage Crisis/Congress/Paulson proposal/Obama/Apocalypse

Author: admin  //  Category: subprime mortgage

Recorded: Sep 29, 2008

- 00:31 Dan is a little freaked out by Monday’s events
- 06:04 Has Congress paved the way for a global depression?
- 10:05 Who’s to blame for the failure of the Paulson bill?
- 15:55 How Obama might save the day
- 23:48 Free-form catastrophizing
- 42:23 Closing thoughts on the end of the world as we know it

Duration : 0:46:50

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Elderly Grandmother Thwarts Eviction Attempt By CitiGroup Mortgage Lender 7.27.12

Author: admin  //  Category: mortgage lender

Annette Steele, an elderly 79-year old grandmother residing
in northeast Portland recieved notice that her home is being
forclosed upon by a lender under the CitiGroup umbrella.
Steele has lived in her home for 25 years and was close
to paying her home off. A multnomah county circuit court
judge ruled in favor of eviction enforceable as of midnight
7/28, and dozens of community supporters and media
outlets showed up to hear Annettes’ story. She says she
will not be moved and will remain in her home.

Duration : 0:8:30

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What Is A Balloon Mortgage?

Author: admin  //  Category: fl mortgage

What Is A Balloon Mortgage?

Duration : 0:3:2

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What is reverse mortgage and how it can help

Author: admin  //  Category: mortgage loan

In this segment of the latest episode of The Property Show, we take a look at reverse mortgage and how senior citizens who own a property but do not have a regular source of income can use this facility to their benefit. Anil Rego, CEO and founder, Right Horizons, explains that reverse mortgage allows the owner of the property to pledge the asset with a bank, and the bank in return pays out monthly annuity to the owner. Any house owner above 60 is eligible for this facility.

Duration : 0:6:5

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Florida USDA Rural Home Loan Mortgage -100% No Money Down

Author: admin  //  Category: fl mortgage

Details on 100% USDA Rural Housing loan qualifying and application process Florida, RD, Rural Development, Florida First time home buyers.

http://usdamortgagesource.com

Phone (904) 302-6060

Duration : 0:6:44

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Woman Gets Sued Twice for the Same Mortgage on the Same House – FL Attorney Steve Kramer

Author: admin  //  Category: fl mortgage

http://www.cflforeclosure.com

Florida foreclosure attorney Steve Kramer recalls a case in which one of his clients was actually being charged with two foreclosures on the same house and the same loan.
While she was currently in a foreclosure process, she received notice that she was being forced through foreclosure again. This was on one house and the same mortgage loan as the foreclosure she was already dealing with. Obviously, this was an error on someone’s part, but it still took an attorney to have the case thrown out to help her regain her current foreclosure status and continue on with the process. This error had caused a serious hardship and because of that oversight the bank had to pay her attorney fees and she was even awarded compensation for the ridiculous lawsuit against her. Watch the video now to learn more.

For more information about foreclosure law and my firm, visit our educational website at http://www.cflforeclosure.com, where we can help you protect your family’s future. If you have legal questions, I want you to call me at (877) 493-4847. I welcome your call.

The Kramer Law Firm

Main Office
999 Douglas Avenue, Suite 3333
Altamonte Springs, FL 32714
407.834.4847

Tampa Office
8875 Hidden River Pkwy, Ste 300
Tampa, FL 33637
813.975.7463

Downtown Orlando Office
37 N. Orange Avenue, Suite 500
Orlando, FL 32801
407.834.4847

Duration : 0:2:24

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Breaking the Bank

Author: admin  //  Category: subprime mortgage

Inside story of one of the most controversial moments of the U.S. financial crisis – and it’s dramatic ramifications…

Duration : 0:55:21

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Subprime, Inceptions of Wall Street

Author: admin  //  Category: wholesale mortgage

Video provided by the U.S. House of Representatives. Predatory Lending – Committee on Oversight and Government Reform – Tape Deck 12 – 2007-03-21 – Subcommittee on Domestic Policy.

This was be the first in a series of hearings Subcommittee Chairman Dennis John Kucinich plans to hold looking at various issues afflicting urban America.

The Domestic Policy Subcommittee held a hearing on predatory mortgages, payday loans, and foreclosures that plague inner-city America. The riskiest segment of the U.S. mortgage market, which serves borrowers with poor credit histories at high interest rates, has seen rising default rates in recent months amid falling prices and slower sales in the housing market.

Key Economic Facts:
On Tuesday, 13 March 2007, the Dow Jones Industrial Average dropped 242.66 points, its second largest single day decline in four years, because of the subprime mortgage market. The Mortgage Bankers Association reported new foreclosures surged to an all-time high in the last quarter of 2006.

On August 31, 2008, Citigroup completed its acquisition of its wholesale origination-lending unit, Argent Mortgage, and its loan-servicing unit, AMC Mortgage Services, and shut down its retail-lending unit, Ameriquest Mortgage.

Former employees from Ameriquest, which was United States’s leading wholesale lender, described a system in which they were pushed to falsify documents on bad mortgages and then sell them to Wall Street banks eager to make fast profits. There is growing evidence that such mortgage fraud may be at the heart of the Financial crisis of 2007–2010.

Argent Mortgage is now named Citi Bank Residential Lending. Argent Mortgage ceased its operations in 2007 because of numerous violations of law and fraudulent business practices that resulted in a huge number of complaints and several law suits. At the present time Citi Bank Residential Lending, Inc. is a non-conforming wholesale lender. The company now provides a diverse range of lending products, services and expertise.

Uploaded by HouseResourceOrg on Feb 6, 2011

Google The Web:
Subprime Loans
Independant Mortgage Brokers
Argent Mortgage, Cleveland
Wall Street

Duration : 0:4:59

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USDA Refinance Florida Pilot Program- Home Loan, Mortgage

Author: admin  //  Category: fl mortgage

All about the new USDA Pilot Refinance program in Florida, Rural Development, Rural Housing. Negative equity, upside down or underwater and have USDA mortgage – please view.

Duration : 0:5:27

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Record HIGH AND LOW interest rates, stocks plunge

Author: admin  //  Category: subprime mortgage

RECORD HIGH interest rates in spain and RECORD LOW RATES for US mortgages.

Duration : 0:10:5

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