Bank(rupt) of America: Will Bank of America File Bankruptcy?
Will Bank of America file bankruptcy? Is that really a question that we are asking? Yes it is and it is actually quite possible. Bank of America is the largest financial services company in the world. Unfortunately for Bank of America, the financial services industry is slowly dying. If investors do not have finances in [...]
“A Primer on the Subprime Mortgage Mess” by Joe Fritz
Full Disclosure: from 1987 through 2002 the author was a NYS licensed mortgage broker. The author is a reader and contributor to Subprime Blogger. If you are interested in contributing articles to Subprime Blogger, please contact us at jwojdylo@subprimeblogger.com With the demise of AIG via a government takeover, the fire sale demise of Bear Stearns [...]
Mortgage Rate Predictions – January 22nd
After being spot on with the prediction for the 30 year fixed rate mortgage last week, we are back at it. The actual report can be obtained here on Thursday afternoon. Predictions for this week are as follows: 30 Yr Fixed Rate – 5.06% – While everyone else is predicting that rates will continue to [...]
OBAMAnia! Will He Really Help You Pay Your Mortgage?
Something we will never forget is the comment Peggy Joseph made regarding now president Obama. “I won’t have to worry about putting gas in my car; I won’t have to worry about paying my mortgage. If I help him, he is going to help me.” Well Peggy, I hope you haven’t quit your job just [...]
Useful Mortgage Articles
Reverse Mortgages – What an Industry! 30 Year Fixed Mortgage Rates Fall Below 5% Real Estate Appraisers Face Big Changes When is the Opportune Time for a Home Loan Larger Mortgages Have Larger Rates Buying a Home – 20 Mistakes to Avoid Misguided Spending Will Only Take Us Deeper Into Depression Fighting a Foreclosure Two-Point [...]
By 2012, America Will Become the First “Undeveloped” Nation of the World – Gerald Celente
Gerald Celente has been right on many business issues in the past. Some of his predictions have seemed almost “prophetic.” He forecasted the Panic of 08 and the Economic 9/11 last year when no one wanted to listen. He also correctly predicted the Crash of ’87 briefly before it happened. Now he feels that by [...]
Charlie Gasparino Owns Dennis Kneale Video – A MUST SEE!
Charlie Gasparino does not like Dennis Kneale and continues to dominate him on air. Many more videos to come as these two cannot get along no matter what. Subprime Blogger Rants: Government Bailout Up To $8,500,000,000,000. Didn’t See That One Coming! Will the Last Honest Bank Please Stand Up?
Will Mortgage Rates Really Go Under 4%?
First of all, we would like to thank Kevin and Mark for posing the questions about refinancing under 4%. There has been mention that mortgage rates will fall as low as 4% and we know many of our readers are interested to know if they can refinance this low. Right now, the answer is no. [...]
How Weblogs and the Internet Will Change the Mortgage Industry
It is amazing how much media has changed. It used to be print media such as newspapers and magazines, now it is the internet with weblogs. Everything from politics, work, business and even life are “blogged” on the internet. With Web 2.0 running full steam ahead, the next industry that will have to adjust is [...]
Useful Mortgage Articles
Is It Actually A Good Idea To Swap Mortgage To Hope For A Cheaper Mortgage? Locking A Mortgage Rate in a Volatile Market Mortgage CALC – Free Loan Calculator For Mobile Phone What Are Home Equity Loans Good For? Mortgage: 3 Tips On Finding the Cheapest Rates Making Sense of Mortgages Fixed Mortgage Rate What [...]
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