Unsecured loan

financial crisis have a lot to do with unethical behavior. Starting from the politians that allow the big financial intuitions to play with the money of the consumer. One of the biggest problem during the 2008 crisis was that the banks were giving loan to basically anyone that had an income, but with a high interest rate causing these people to make impossible for them to keep up with the monthly payments. I always find interesting how the people with white collar jobs get to steal the…

biggest marketing tools. It can bring in customers or turn them away without showing them any products or services. A unanimous agreement by all RSG members is vital in making sure that unethical decisions do not happen with the expansion of the payday loan offices. Unethical decisions can hinder the company for years, but a united voice can ensure that our reputation continues to be a magnet for potential…

the two funds sank. In urging investors to stay put the fund managers promised an eminent turnaround of the market (two Bear Stearns executives were subsequently indicted for misleading investors). In June 2007, Bear Stearns pledged a collateralized loan of around $3.2 billion to arrest the deteriorating…

policies that encouraged home ownership, in the manner that banks were providing home owner loans to people with lower credit reliability, as well as an overvaluation of certain subprime mortgages on the theory that the housing prices would continue to rise. Essentially what was happening was that banks were loaning money to unreliable borrowers to purchase homes. The standards for whom was eligible for a loan were becoming increasingly more lenient and flexible; from 2004- 2006, the subprime…

What is a Jumbo Loan? Put simply, a jumbo loan is a mortgage loan that is higher than conventional loan limits. Every year, the two largest agencies, Fannie Mae (FNMA) and Freddie Mac (FHLMC) set a limit on the amount they will pay to purchase home loans. The current limit for a conventional loan on a single-family home, in all but two states, is $417,000. Jumbo loans make it possible to purchase the high end home of your choice when the amount exceeds the limit. Jumbo Mortgage Loan…

various kinds of mortgage loan to be able to make a good decision for your circumstances. Understanding the disparities amongst the range of mortgage loans could be a great assistance when it is time for it to get a mortgage loan. With all of the various home loan programs accessible, this article covers a little summary of these various loan programs. A comparison of FHA, VA, USDA, Conventional and Jumbo mortgage programs will give you an understanding of the kind of mortgage loan program might…

“When Angelo Mozilo succeeded in having Countrywide Financial join Fortune’s list of Most Admired Companies in 2005, and Barron’s named him one of the 30 best CEOs in the world, the then- largest mortgage lender in the country was already on a fast track for derailment – a crash that helped cause the 2008 economic meltdown.” (Gael O’Brien) In 2002 the Georgia State Legislature set what should have been an example to the rest of the United States by passing the most aggressive predatory lending…

score when looking at your home loan application. Here are the credit score ranges and what each of them means for you. • A Credit Score Below 600 FHA loans will accept a credit score as low as 580 and as little as a 3.5% down payment. They will sometimes accept even lower scores, sometimes even as low as 500; however, a larger…

This would help prepare me for graduate school because prior to entering and receiving my Bachelor’s in Finance I would already gain a fair amount of knowledge with working in a Corporate setting, loans, credit and the MLOL would prepare me for my career as a Real Estate Agent. After three years of experience as a Financial Relationship consultant, finishing my bachelor’s degree, I will apply for The University of Alabama’s PhD in Finance program…

consider; rent-to-own, foreclosure forgiveness, FHA loans or hiring a Broker is just a few. Banks used to look at foreclosures as a black mark on your credit, however with the 2008/2009 crash; they don’t look at them as harshly as they once did. A few things to consider about these three options are: Rent-to-own: Is a term…