Stop House Repossession » would

Federal proposal would toughen debt restrictions on mortgages

admin — Mon, 13 Jun 2011 02:08:58 +0000

Federal proposal would toughen debt restrictions on mortgages
Washington Post Wednesday, June 8, 2011 Consumer borrowing is so rampant in America that most people who took out a mortgage last year to buy a home ended up spending more than a third of their income to pay that loan and other debts. Now, a federal proposal would target these borrowers by making it tougher for them to get the cheapest mortgages. The initiative is part of a broader measure that …

Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves

admin — Wed, 08 Sep 2010 01:54:09 +0000

Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves
A rise in interest rates could cause many UK homeowners to “throw away the keys” to their houses, according to Peter Hargreaves, the co-founder of financial adviser Hargreaves Lansdown.

Who Would Finance Mortgages If Fannie, Freddie Disbanded?

admin — Tue, 06 Jul 2010 02:08:58 +0000

Who Would Finance Mortgages If Fannie, Freddie Disbanded?
Banks holding long-term mortgages on their books, as they did years ago, would be “a recipe for disaster,” says a professor of real estate and finance at Wharton.

How bad would the repossession by ‘we finance auto’ affect my credit?

admin — Mon, 03 May 2010 01:04:30 +0000

I had to buy a used auto from ‘we finance’ like early this year due to no credit establishment. And I have been sucked paying over 200% of the blue book price. And I don’t want to keep paying that because financial situation these days is not really good. If I stop paying monthly payment and they repossess the auto, how would it affect my credit and what else is expected to happen?

Would a voluntary repossession hurt my chances of getting an apartment?

admin — Mon, 22 Mar 2010 01:07:58 +0000

I’m currently paying an auto loan from Navy Federal and can no longer make the payments. Will a voluntary repossession hurt my chances of getting an apartment? It’ll pretty much be the one and only negative thing of my credit.

In the new Armored movie they want to steal $to save a house from foreclosure, how would they get away with it?

admin — Thu, 18 Mar 2010 01:26:20 +0000

They are going to steal money to pay off a house foreclosure. How are they going to get away with that after they get the money. Is that actually possible. Where would they say they got the money or what is the deal with anyone that would steal that amount of money. How would they say they got it. Just seems like a huge missing plot point in the movie.