Home loan

Email this page to a friend

Want news about Home loan and more e-mailed to you? Click here for free email alerts

Warning signs of the housing bubble crash (part two) Mike Adams, the Health Ranger See article keywords and concepts

Fewer and fewer working people can actually afford home loans under the old, tighter rules of home loan qualification. So, if you are in the banking industry or the lending industry, you have to loosen those requirements so that more people can qualify. As a result of this, we're seeing some really radical stuff in the home lending market. Essentially, we're seeing home loans go out to people who should not qualify for home loans, and they're being structured in a way that almost guarantees financial disaster.

Home loan tips to avoid being conned by home mortgage companies Mike Adams, the Health Ranger See article keywords and concepts

REPPED: When you get a home loan, you're number one goal should be to pay off that loan as quickly as possible. Obviously, you don't have any real equity in the house as long as you're just paying interest. And the way these loans are set up, you're paying little more than interest for the first several years. In other words, if you get a 30-year loan, you can make three or four years of payments and end up only having a few hundred dollars worth of equity in your house. That's the way the loans are designed.

Don't get caught in the housing bubble crash (part one) Mike Adams, the Health Ranger See article keywords and concepts

I'll also tell you about home loan recalls. You may not know about this: the bank can send you a letter and recall your home loan and require you to pay tens of thousands, or even hundreds of thousands of dollars, because the housing market is rapidly plummeting. I'll cover all that in part two.

Financial Armageddon: Protecting Your Future from Four Impending Catastrophes Michael J. Panzner See book keywords and concepts

Along with similar entities like the Federal home loan Banks, both GSEs served their purpose by borrowing at relatively cheap rates in the wholesale markets and using the funds to purchase mortgages from lending institutions, thus expanding overall capacity. But it was only a matter of time until the combination of moral hazard, unintended consequences of government actions, and an increasingly competitive financial services environment transformed their mission into a crisis. Arguably, the turning point for both agencies occurred when they were converted into public companies.

Originally part of the Federal home loan Bank system, sister agency Freddie Mac was privatized in 1989. Like the S&Ls during the 1980s, Fannie and Freddie were suddenly free of regulatory burdens and forced to compete with more experienced, sophisticated, and aggressive financial firms in a rapidly changing marketplace. In large part, they capitalized on their inherent advantages: their established position at the center of the mortgage universe and the widespread perception that their bonds and other obligations were nearly as good as government-issued debt.

Warning signs of the housing bubble crash (part two) Mike Adams, the Health Ranger See article keywords and concepts

Read the fine print on your home loan. Your bank can make you pay the difference between what your property is worth today, and what you owe them, plus a little bit more to make sure that you have at least 20 percent equity. So, let's do the math: Your property is worth 50K now, and you owe 90K to the bank. The bank wants you to only owe 90 percent of 50K, which is $40,000. The bank only wants you to owe 40K, but the difference between 40K and 90K is 50K.

Don't get caught in the housing bubble crash (part one) Mike Adams, the Health Ranger See article keywords and concepts

You may not know about this: the bank can send you a letter and recall your home loan and require you to pay tens of thousands, or even hundreds of thousands of dollars, because the housing market is rapidly plummeting. I'll cover all that in part two.

the Health Ranger exposes health deceptions while promoting honest health solutions Mike Adams, the Health Ranger See article keywords and concepts

Yeah, make sure that every penny of your monthly paycheck goes out for something; drug companies, home loan, home mortgage, auto insurance, new clothing, personal care products or high-priced (over-priced) food products. They want to make sure that every penny you earn gets spent on something that makes them money. That's the agenda out there. But I say there's another way. I say there's a totally different way to live.

20 Years of Censored News Carl Jensen See book keywords and concepts

At a luncheon meeting in late summer of 1988, William Seidman, then head of the Federal Deposit Insurance Corporation, admitted to Federal home loan (FHL) Bank Board member Roger Martin that he and Danny Wall, chair of the FHL Bank Board, had been told by George Gould, Deputy Under-Secretary for Finance, to lie about the true size of the problem. Gould was working under Treasury Secretary Jim Baker and was the administration's political point man on the S&L crisis. Seidman later said he didn't remember any conversation like that.

Optimal Wellness Ralph Golan, M.D. See book keywords and concepts

They have shown that illness can result from reactions not only to negative events (divorce, marital separation, death or illness of a family member, personal injury, trouble with one's boss or in-laws, foreclosure on a home loan, major fire in the home, and so on), but also to positive events as well. These include marriage, marital reconciliation, retirement, pregnancy, new family member, business promotion, career change, outstanding personal achievement, graduation from school, vacation, Christmas.

FAIR USE NOTICE: The research quoted here is provided under the protection of Fair Use provisions and published by the 501(c)3 non-profit Consumer Wellness Center for the purposes of public comment and education. Authors / publishers may submit books for consideration of inclusion here.

TERMS OF USE: Read full terms of use. Citations of text from NaturalPedia must include: 1) Full credit to the original author and book title. 2) Secondary credit to the Natural News Naturalpedia as a research resource and a link to www.NaturalNews.com/np/index.html

This unique compilation of research is copyright (c) 2008 by the non-profit Consumer Wellness Center.

ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.