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Tag Archive | "banks"

Redevelopment of Property

Thursday, October 9, 2008

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photo by RedAgenda In recent times builders have been offering residents of old buildings a handsome amount to get a refurbished flat with additional space. Who will not grab such a tempting deal? The flat seller not only gets the cash, but also gets a monthly rent for his temporary accommodation. Once the [...]

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Mark-To-Market

Friday, October 3, 2008

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And if some institution, such as WaMu, is forced to unload investments at fire- sale prices, then everyone else must mark down the value of their mortgage investments. And when the investments lose value, the banks must come up with … Read the rest of the post here: Mark-To-Market Share and Enjoy:

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Rome Burns & Washington Looks For the Bogeyman

Thursday, October 2, 2008

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Yes Washington, hedgefunds did cause this. Fannie Mae and Freddie Mac, the largest hedgefunds of all time. This is disgusting. What a waste of time…they are hell-bent are taking all liquidity out of the markets. -Best, Mr Mortgage . More here: Rome Burns & Washington Looks For the Bogeyman

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Peter Dreier: How to Fix the Mortgage Mess 101

Tuesday, September 30, 2008

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President Bush’s plan to bail-out the banks by having the US government buy troubled mortgage -backed securities is the wrong way to fix this problem. This is like handing a $700 billion blank check to the people - bankers and investors … More: Peter Dreier: How to Fix the Mortgage Mess 101 Share and Enjoy:

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Should the taxpayers bailout the banks?

Monday, September 29, 2008

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Should the taxpayers bailout the banks? What do you think? The same consideration should be given to hiring a REALTOR & Mortgage Broker as hiring any other professional. When I look for [...]

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The $700+ Billion Bailout–Posner

Sunday, September 28, 2008

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Many of the loans were mortgage loans, and the value of those loans fell when the housing bubble burst. (Risky, and in some cases deceptive, mortgage practices had contributed to the bubble.) What made the situation worse was that … More: The $700+ Billion Bailout–Posner

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The Bad Reputation of RMBS

Tuesday, September 23, 2008

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I was in Mill Creek earlier this evening having sushi with my daughters and everytime we drive down into Mill Creek I say the same thing: “I remember when this whole place was nothing but trees!” They’ve already heard the stories about how I use to leave the house at dawn with the neighborhood boys [...]

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Mortgage cuts will benefit those that are well off

Monday, September 22, 2008

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Over recent weeks a number of mortgage lenders in the UK have cut the interest rates on some of their mortgage products, giving consumers hope that affordability may become a little easier. However, a recent report has suggested that … More: Mortgage cuts will benefit those that are well off Share and Enjoy:

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Thoughts on the Continuing Crisis GoldSeekcom

Thursday, September 18, 2008

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We are entering the next stage of the credit crisis and one which is potentially more troubling than what we have seen over the past year absent some policy reactions by the central banks and governments world wide. The crisis was started by an intense run up in leverage by financial institutions and investors world [...]

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WHY DO THE BANKS DO SUCH A TERRIBLE JOB OF SELLING FORECLOSURES??

Tuesday, September 16, 2008

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Real estate agents and brokers sell a lot of real estate . We know how to manage a real estate transaction. We also know that the bank or mortgage company property owners have no experience or knowledge about selling real estate and … See the rest here: WHY [...]

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