Government Bailout Up To $8,500,000,000,000. Didn’t See That One Coming!
The government wants you to believe that the bailout plan was and always has been a mere $700 billion. Once again, our government is not reporting the entire truth; government and reporting the truth, that is enough to make anyone chuckle a little bit. Well Mr. Paulson and Mr. Bernanke, how can the bailout plan [...]
How Do I Get a Subprime Mortgage?
“How do I get a subprime mortgage?” is going to be a question that we start to hear a lot more in the next few months. First we need to research a little bit of the background before answering this question. Unfortunately, borrowers have fallen prey to the fangs of a troubled economy. Prior to [...]
Subprime Blog
As many of our readers know, we are very in tune with what you want to read and see. Reaching out to you and the internet as a whole is something we strive to do at Subprime Blogger. There are many ways in which you find this site, but one of the most common ways [...]
Will the Last Honest Bank Please Stand Up?
Reuters reported that Bank of America is close to receiving billions of dollars more in federal support. This money will come from……TAXPAYERS. Bank of America made the decision to buy Merrill Lynch and Countrywide last year when the financial crisis was in it’s infancy. Bank of America KNEW that Countrywide was deep in debt due [...]
What You Are Searching For – Realtytrac
The search for “realtytrac” is currently 12th on Google. Realtytrac is a company “Founded in 1996, (www.realtytrac.com), is the fastest growing online real estate marketplace — named the 53rd fastest growing private company in the 2006 Inc. 500 and the 52nd fastest growing North American technology company in the 2006 Deloitte Technology Fast 500. The [...]
Answers to Mortgage Questions – A New Column
At Subprime Blogger we are going to start a column to answer YOUR mortgage questions. In today’s troubling economic environment, education is the key to make sound financial decisions. Feel free to post any question you may have to any article on this site or email us at jwojdylo@subprimeblogger.com. We will work hard to answer [...]
Subprime Blogger Predicts Current Mortgage Rates Exactly!
Earlier this week, Subprime Blogger started its Weekly Mortgage Rate Predictions column and the prediction for the 30 year fixed rate mortgage was spot in. We predicted 4.96% and that is exactly what Freddie Mac reported. The final press release is here. Mortgage rates continue to fall, but we are starting to see some things [...]
Subprime Loans are the Cause of this Mess?
Subprime loans are probably the one thing that we can put a finger on that has led us to this mortgage disaster. When lenders saw that everyone in America was trying to buy a home in the late 1990′s into the early 2000′s, none of them wanted to be left behind. They knew that they [...]
Financing Subprime is killing the Global Economy
Financing subprime mortgages is something that many Americans are currently dealing with. The major problem is that financing subprime loans is extremely difficult with the economy in a recession. If an individual did not have great credit during the housing bubble, it is HIGHLY unlikely that their credit has improved anytime since then. With unemployment [...]
Suavenomics Today
Suavenomics is today; Suave is offering a free bottle of shampoo, hair spray, styling aid, body wash, or body lotion by going to this address. You may be asking how this has ANYTHING to do with the mortgage market. Well, it today’s economic environment, any way we can save a few extra dollars goes a [...]
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