Levy Murder Trial Resumes Today, Secrets Revealed: Testimony in the Chandra Levy murder trial restarts this morning after a six-day break in proceedings. To catch us up, Sarah Larimer reports on the multitude of Levy's personal details which have been revealed and pored over during the trial, including her workout routine, her Internet search history and her plastic surgery. Now, if you don't mind, I'm off to wipe my computer and burn all those receipts I've kept.
Groundbreaking On Convention Center Hotel: Mayor Adrian Fenty and company will attend the groundbreaking of the years-in-the-making, $520 million Washington Marriott Marquis Hotel at the intersection of 9th Street and Massachusetts Avenue at 11 a.m. this morning. Aside from introducing some new traffic patterns in the neighborhood, the groundbreaking has plenty of people feeling nostalgic -- I recommend DCMud's thorough retrospective on the process that's gotten the oft-debated site to this point. Looking towards the future, the Post has this tidy overview of what the hotel could bring to the District. Construction of the 1,175-room hotel is expected to take 42 months.
Wildlife Protection Act Passes: The bill proposed by Mary Cheh which will require professionals to humanely capture the critters roaming around D.C.'s crawl spaces passed the Council yesterday. We've discussed the bill before, and, as promised, the final version did not extend such protections to mice and rats, which anyone is still free to trap and kill however they see fit. Cheh also pointed out that the law only applied to pest control companies and not residents: "I don't like the image of you wielding a bat and smashing a possum in the head, but this law wouldn't stop that," Cheh said.
Heartbreaking: Paul Duggan writes this emotionally relentless report about the murder of Joseph Sharps, the Springarn High School student who was shot and killed on Monday night in Trinidad. Don't expect to get through it without getting incredibly angry or coming close to losing it several times.
Briefly Noted: Taxi driver carjacked at knifepoint on 300 block of Allison Street NW last night...DDOT is inspecting the District's bridges this week...Reminder to politicians: please take down your signs...Virginia outlines $1.45 billion transportation spending plan...Council passes emergency legislation requiring foreclosure mediation...Metrobus accident on Good Hope Road SE causes minor injuries...Maryland MVA says that more than 1,300 of the state's residents could be driving with suspended or revoked licenses.
This Day in DCist: Last year, the District's same-sex marriage legislation passed its first hurdle and we heard about the Tweed Ride for the first time; in 2006, we were raving about the soul food at Henry's.
Every day we see more drama in the foreclosure debacle, with increasing number of lenders being pressured to put them on hold.
But what's the strategy for those of us who are still paying our mortgages and not in danger of losing our homes? This should be a perfect opportunity to take Arianna Huffington's wildly successful "Move Your Money" campaign one step further by "shopping for a lower-cost mortgage" and refinancing with a more responsible lender. This won't just punish those who loaned recklessly and reward those who didn't, i.e., community bankers, it will likely save you big bucks if interest rates have dropped at least two percentage points below the rate you are paying on your mortgage.
In the first seven days alone of the "Move Your Money" campaign which began in December 2009, about 340,000 people searched zip codes to find community banks that are highly rated. More importantly, they also moved big bucks out of big bad banks: according to Dennis Santiago of Institutional Risk Analytics, who created a search engine on the site, more than $1 billion was moved in the first three months of 2010. Finding a bank couldn't be easier. When you go to Move Your Money you simply need to enter your zip code to find a list of sound local banks and credit unions to choose from.
There's a big difference between the Too Big To Fail banks that got bailed out and the Small Banks Who Failed. For one thing, the community banks tried to stop these reckless lending practices while the big banks threw bucks at Congress to try to stop reform, James MacPhee, chairman of the Independent Community Bankers of America (ICBA).
"Along with several ICBA member bankers and staff, I have testified numerous times in the past three years in front of Barney Frank, Chairman of the House Financial Services Committee, and Chris Dodd, Chairman of the Senate Banking committee," MacPhee said. "Conversely, the American Bankers Association and the largest Wall Street firms ran a full court press trying to stop (reform) from ever being passed."
Have community banks failed? Yes, MacPhee maintains, but it wasn't because they were reckless but because their prudent loans were "bundled" with bad loans.
"As these debt instruments became worthless, hose buying our debt stopped purchasing, and foreclosures ran in the tens of thousands. When that occurred, the market value of the solid loans became worth less, as foreclosed homes were being sold well under their market value. As the job market dried up, even good loans had to be written down by the community banks. The resulting loss of capital dropped below regulatory standards, and the banks were closed and then typically merged into other banks by the Federal Deposit Insurance Corporation. "
The good news -- or let's hope so -- is that the exposure of reckless practices will humiliate the bad banks into changing their practices. If it doesn't? All the more reason to "boycott" them and only do business with those who put their customers first.
Ready to consider refinancing? Consider taking these steps.
Before you do any "mortgage shopping," get a copy of your credit history at AnnualCreditReport.com. If you have a low score, you might want to consider postponing refinancing until you've built a better bill-payment history; it could literally cut your mortgage cost in half.
Consider only fixed-rate mortgages. Some "experts" may claim that adjustable rate mortgages are okay if you're only going to stay in your home for three years or less, but your home is not a disposable item like a cell phone. If you're only planning to live in one place for three years or less, you should rent, not buy. MacPhee agrees with me that one of the biggest ripoffs in the banking industry -- that the media STILL isn't covering -- is the adjustable rate mortgage. "If (a bank is) going to write an ARM mortgage because someone cannot afford a home under standard bank rates, who are you kidding? The custom is happy for three years, or the period of the ARM balloon, the bank makes big fees, and then sells off both the credit risk and the interest rate risk and walks away."
As I pointed out in my book, America, Welcome to the Poorhouse, another big bargain is the little-talked about 15-year mortgage. Savings are significant both because the loan features a shorter payback period and because these mortgages generally feature lower rates. For example, assuming a 6% interest rate, your total interest costs on a $100,000 30-year mortgage are nearly $116,000. If that same mortgage were converted to a 15-year term, it would require somewhat higher monthly payments -- $844 instead of $600 -- but you'd save nearly $64,000 in interest payments.
Never take out an interest-only mortgage. While you pay no principal during the interest-only period, your payments will rise when that period comes to an end. Furthermore, the mortgage has to be paid off during a shorter term -- 25, 23, or 20 years -- so your monthly payments will be higher.
Avoid one of the riskiest mortgages, a balloon loan. Talk about bait and switch: typically, after the end of a three- or seven-year period, you owe the bank all the remaining principal, in one lump sum. If the value of your home drops you won't be able to find another mortgage to repay that loan and you risk foreclosure. And let's hope that this option won't even be broached by your responsible community banker.
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
Good morning, Washington. To what extent do the boundaries of newsworthiness extend? That's the question that the Internet is discussing this morning, after Gawker decided to pull a graphic photo taken shortly after Christopher Jusko, a 21-year-old New Yorker, was stabbed to death. Locally, similar questions are being asked about the widely-circulated image of a crosswalk near DC9 on U Street. According to sources, the image, depicting a crosswalk splattered with what many assumed to be the blood of Ali Ahmed Mohammed after he was allegedly beaten to death, actually shows either blood from an earlier incident at the club that evening, or a substance that isn't blood at all. Ryan Kearney, who took one of the first images of the crosswalk and tweeted it, examines both stories and concludes that even the Internet's renegade journalists can go too far. I'd argue that both cases are good reminders that the soundest policy is usually the application of common sense.
Levy Murder Trial Resumes Today, Secrets Revealed: Testimony in the Chandra Levy murder trial restarts this morning after a six-day break in proceedings. To catch us up, Sarah Larimer reports on the multitude of Levy's personal details which have been revealed and pored over during the trial, including her workout routine, her Internet search history and her plastic surgery. Now, if you don't mind, I'm off to wipe my computer and burn all those receipts I've kept.
Groundbreaking On Convention Center Hotel: Mayor Adrian Fenty and company will attend the groundbreaking of the years-in-the-making, $520 million Washington Marriott Marquis Hotel at the intersection of 9th Street and Massachusetts Avenue at 11 a.m. this morning. Aside from introducing some new traffic patterns in the neighborhood, the groundbreaking has plenty of people feeling nostalgic -- I recommend DCMud's thorough retrospective on the process that's gotten the oft-debated site to this point. Looking towards the future, the Post has this tidy overview of what the hotel could bring to the District. Construction of the 1,175-room hotel is expected to take 42 months.
Wildlife Protection Act Passes: The bill proposed by Mary Cheh which will require professionals to humanely capture the critters roaming around D.C.'s crawl spaces passed the Council yesterday. We've discussed the bill before, and, as promised, the final version did not extend such protections to mice and rats, which anyone is still free to trap and kill however they see fit. Cheh also pointed out that the law only applied to pest control companies and not residents: "I don't like the image of you wielding a bat and smashing a possum in the head, but this law wouldn't stop that," Cheh said.
Heartbreaking: Paul Duggan writes this emotionally relentless report about the murder of Joseph Sharps, the Springarn High School student who was shot and killed on Monday night in Trinidad. Don't expect to get through it without getting incredibly angry or coming close to losing it several times.
Briefly Noted: Taxi driver carjacked at knifepoint on 300 block of Allison Street NW last night...DDOT is inspecting the District's bridges this week...Reminder to politicians: please take down your signs...Virginia outlines $1.45 billion transportation spending plan...Council passes emergency legislation requiring foreclosure mediation...Metrobus accident on Good Hope Road SE causes minor injuries...Maryland MVA says that more than 1,300 of the state's residents could be driving with suspended or revoked licenses.
This Day in DCist: Last year, the District's same-sex marriage legislation passed its first hurdle and we heard about the Tweed Ride for the first time; in 2006, we were raving about the soul food at Henry's.
Every day we see more drama in the foreclosure debacle, with increasing number of lenders being pressured to put them on hold.
But what's the strategy for those of us who are still paying our mortgages and not in danger of losing our homes? This should be a perfect opportunity to take Arianna Huffington's wildly successful "Move Your Money" campaign one step further by "shopping for a lower-cost mortgage" and refinancing with a more responsible lender. This won't just punish those who loaned recklessly and reward those who didn't, i.e., community bankers, it will likely save you big bucks if interest rates have dropped at least two percentage points below the rate you are paying on your mortgage.
In the first seven days alone of the "Move Your Money" campaign which began in December 2009, about 340,000 people searched zip codes to find community banks that are highly rated. More importantly, they also moved big bucks out of big bad banks: according to Dennis Santiago of Institutional Risk Analytics, who created a search engine on the site, more than $1 billion was moved in the first three months of 2010. Finding a bank couldn't be easier. When you go to Move Your Money you simply need to enter your zip code to find a list of sound local banks and credit unions to choose from.
There's a big difference between the Too Big To Fail banks that got bailed out and the Small Banks Who Failed. For one thing, the community banks tried to stop these reckless lending practices while the big banks threw bucks at Congress to try to stop reform, James MacPhee, chairman of the Independent Community Bankers of America (ICBA).
"Along with several ICBA member bankers and staff, I have testified numerous times in the past three years in front of Barney Frank, Chairman of the House Financial Services Committee, and Chris Dodd, Chairman of the Senate Banking committee," MacPhee said. "Conversely, the American Bankers Association and the largest Wall Street firms ran a full court press trying to stop (reform) from ever being passed."
Have community banks failed? Yes, MacPhee maintains, but it wasn't because they were reckless but because their prudent loans were "bundled" with bad loans.
"As these debt instruments became worthless, hose buying our debt stopped purchasing, and foreclosures ran in the tens of thousands. When that occurred, the market value of the solid loans became worth less, as foreclosed homes were being sold well under their market value. As the job market dried up, even good loans had to be written down by the community banks. The resulting loss of capital dropped below regulatory standards, and the banks were closed and then typically merged into other banks by the Federal Deposit Insurance Corporation. "
The good news -- or let's hope so -- is that the exposure of reckless practices will humiliate the bad banks into changing their practices. If it doesn't? All the more reason to "boycott" them and only do business with those who put their customers first.
Ready to consider refinancing? Consider taking these steps.
Before you do any "mortgage shopping," get a copy of your credit history at AnnualCreditReport.com. If you have a low score, you might want to consider postponing refinancing until you've built a better bill-payment history; it could literally cut your mortgage cost in half.
Consider only fixed-rate mortgages. Some "experts" may claim that adjustable rate mortgages are okay if you're only going to stay in your home for three years or less, but your home is not a disposable item like a cell phone. If you're only planning to live in one place for three years or less, you should rent, not buy. MacPhee agrees with me that one of the biggest ripoffs in the banking industry -- that the media STILL isn't covering -- is the adjustable rate mortgage. "If (a bank is) going to write an ARM mortgage because someone cannot afford a home under standard bank rates, who are you kidding? The custom is happy for three years, or the period of the ARM balloon, the bank makes big fees, and then sells off both the credit risk and the interest rate risk and walks away."
As I pointed out in my book, America, Welcome to the Poorhouse, another big bargain is the little-talked about 15-year mortgage. Savings are significant both because the loan features a shorter payback period and because these mortgages generally feature lower rates. For example, assuming a 6% interest rate, your total interest costs on a $100,000 30-year mortgage are nearly $116,000. If that same mortgage were converted to a 15-year term, it would require somewhat higher monthly payments -- $844 instead of $600 -- but you'd save nearly $64,000 in interest payments.
Never take out an interest-only mortgage. While you pay no principal during the interest-only period, your payments will rise when that period comes to an end. Furthermore, the mortgage has to be paid off during a shorter term -- 25, 23, or 20 years -- so your monthly payments will be higher.
Avoid one of the riskiest mortgages, a balloon loan. Talk about bait and switch: typically, after the end of a three- or seven-year period, you owe the bank all the remaining principal, in one lump sum. If the value of your home drops you won't be able to find another mortgage to repay that loan and you risk foreclosure. And let's hope that this option won't even be broached by your responsible community banker.
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
eric seiger
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
Good morning, Washington. To what extent do the boundaries of newsworthiness extend? That's the question that the Internet is discussing this morning, after Gawker decided to pull a graphic photo taken shortly after Christopher Jusko, a 21-year-old New Yorker, was stabbed to death. Locally, similar questions are being asked about the widely-circulated image of a crosswalk near DC9 on U Street. According to sources, the image, depicting a crosswalk splattered with what many assumed to be the blood of Ali Ahmed Mohammed after he was allegedly beaten to death, actually shows either blood from an earlier incident at the club that evening, or a substance that isn't blood at all. Ryan Kearney, who took one of the first images of the crosswalk and tweeted it, examines both stories and concludes that even the Internet's renegade journalists can go too far. I'd argue that both cases are good reminders that the soundest policy is usually the application of common sense.
Levy Murder Trial Resumes Today, Secrets Revealed: Testimony in the Chandra Levy murder trial restarts this morning after a six-day break in proceedings. To catch us up, Sarah Larimer reports on the multitude of Levy's personal details which have been revealed and pored over during the trial, including her workout routine, her Internet search history and her plastic surgery. Now, if you don't mind, I'm off to wipe my computer and burn all those receipts I've kept.
Groundbreaking On Convention Center Hotel: Mayor Adrian Fenty and company will attend the groundbreaking of the years-in-the-making, $520 million Washington Marriott Marquis Hotel at the intersection of 9th Street and Massachusetts Avenue at 11 a.m. this morning. Aside from introducing some new traffic patterns in the neighborhood, the groundbreaking has plenty of people feeling nostalgic -- I recommend DCMud's thorough retrospective on the process that's gotten the oft-debated site to this point. Looking towards the future, the Post has this tidy overview of what the hotel could bring to the District. Construction of the 1,175-room hotel is expected to take 42 months.
Wildlife Protection Act Passes: The bill proposed by Mary Cheh which will require professionals to humanely capture the critters roaming around D.C.'s crawl spaces passed the Council yesterday. We've discussed the bill before, and, as promised, the final version did not extend such protections to mice and rats, which anyone is still free to trap and kill however they see fit. Cheh also pointed out that the law only applied to pest control companies and not residents: "I don't like the image of you wielding a bat and smashing a possum in the head, but this law wouldn't stop that," Cheh said.
Heartbreaking: Paul Duggan writes this emotionally relentless report about the murder of Joseph Sharps, the Springarn High School student who was shot and killed on Monday night in Trinidad. Don't expect to get through it without getting incredibly angry or coming close to losing it several times.
Briefly Noted: Taxi driver carjacked at knifepoint on 300 block of Allison Street NW last night...DDOT is inspecting the District's bridges this week...Reminder to politicians: please take down your signs...Virginia outlines $1.45 billion transportation spending plan...Council passes emergency legislation requiring foreclosure mediation...Metrobus accident on Good Hope Road SE causes minor injuries...Maryland MVA says that more than 1,300 of the state's residents could be driving with suspended or revoked licenses.
This Day in DCist: Last year, the District's same-sex marriage legislation passed its first hurdle and we heard about the Tweed Ride for the first time; in 2006, we were raving about the soul food at Henry's.
Every day we see more drama in the foreclosure debacle, with increasing number of lenders being pressured to put them on hold.
But what's the strategy for those of us who are still paying our mortgages and not in danger of losing our homes? This should be a perfect opportunity to take Arianna Huffington's wildly successful "Move Your Money" campaign one step further by "shopping for a lower-cost mortgage" and refinancing with a more responsible lender. This won't just punish those who loaned recklessly and reward those who didn't, i.e., community bankers, it will likely save you big bucks if interest rates have dropped at least two percentage points below the rate you are paying on your mortgage.
In the first seven days alone of the "Move Your Money" campaign which began in December 2009, about 340,000 people searched zip codes to find community banks that are highly rated. More importantly, they also moved big bucks out of big bad banks: according to Dennis Santiago of Institutional Risk Analytics, who created a search engine on the site, more than $1 billion was moved in the first three months of 2010. Finding a bank couldn't be easier. When you go to Move Your Money you simply need to enter your zip code to find a list of sound local banks and credit unions to choose from.
There's a big difference between the Too Big To Fail banks that got bailed out and the Small Banks Who Failed. For one thing, the community banks tried to stop these reckless lending practices while the big banks threw bucks at Congress to try to stop reform, James MacPhee, chairman of the Independent Community Bankers of America (ICBA).
"Along with several ICBA member bankers and staff, I have testified numerous times in the past three years in front of Barney Frank, Chairman of the House Financial Services Committee, and Chris Dodd, Chairman of the Senate Banking committee," MacPhee said. "Conversely, the American Bankers Association and the largest Wall Street firms ran a full court press trying to stop (reform) from ever being passed."
Have community banks failed? Yes, MacPhee maintains, but it wasn't because they were reckless but because their prudent loans were "bundled" with bad loans.
"As these debt instruments became worthless, hose buying our debt stopped purchasing, and foreclosures ran in the tens of thousands. When that occurred, the market value of the solid loans became worth less, as foreclosed homes were being sold well under their market value. As the job market dried up, even good loans had to be written down by the community banks. The resulting loss of capital dropped below regulatory standards, and the banks were closed and then typically merged into other banks by the Federal Deposit Insurance Corporation. "
The good news -- or let's hope so -- is that the exposure of reckless practices will humiliate the bad banks into changing their practices. If it doesn't? All the more reason to "boycott" them and only do business with those who put their customers first.
Ready to consider refinancing? Consider taking these steps.
Before you do any "mortgage shopping," get a copy of your credit history at AnnualCreditReport.com. If you have a low score, you might want to consider postponing refinancing until you've built a better bill-payment history; it could literally cut your mortgage cost in half.
Consider only fixed-rate mortgages. Some "experts" may claim that adjustable rate mortgages are okay if you're only going to stay in your home for three years or less, but your home is not a disposable item like a cell phone. If you're only planning to live in one place for three years or less, you should rent, not buy. MacPhee agrees with me that one of the biggest ripoffs in the banking industry -- that the media STILL isn't covering -- is the adjustable rate mortgage. "If (a bank is) going to write an ARM mortgage because someone cannot afford a home under standard bank rates, who are you kidding? The custom is happy for three years, or the period of the ARM balloon, the bank makes big fees, and then sells off both the credit risk and the interest rate risk and walks away."
As I pointed out in my book, America, Welcome to the Poorhouse, another big bargain is the little-talked about 15-year mortgage. Savings are significant both because the loan features a shorter payback period and because these mortgages generally feature lower rates. For example, assuming a 6% interest rate, your total interest costs on a $100,000 30-year mortgage are nearly $116,000. If that same mortgage were converted to a 15-year term, it would require somewhat higher monthly payments -- $844 instead of $600 -- but you'd save nearly $64,000 in interest payments.
Never take out an interest-only mortgage. While you pay no principal during the interest-only period, your payments will rise when that period comes to an end. Furthermore, the mortgage has to be paid off during a shorter term -- 25, 23, or 20 years -- so your monthly payments will be higher.
Avoid one of the riskiest mortgages, a balloon loan. Talk about bait and switch: typically, after the end of a three- or seven-year period, you owe the bank all the remaining principal, in one lump sum. If the value of your home drops you won't be able to find another mortgage to repay that loan and you risk foreclosure. And let's hope that this option won't even be broached by your responsible community banker.
eric seiger
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
eric seiger eric seiger
eric seiger
eric seiger
eric seiger
Meanwhile, also in the <b>news</b>…
This entry was posted in News and tagged alex carlile, david anderson, harrogate council, mike gardner. Bookmark the permalink or use the short url http://ldv.org.uk/22006 for twitter and emails. Follow any comments here with the RSS ...
<b>News</b> Poll FAIL - Epic Fail Funny Videos and Funny Pictures
epic fail photos - News Poll FAIL. ... News Poll FAIL. epic fail photos - News Poll FAIL. Submitted by: Unknown. Incorrect source or offensive? G-rated, math is too hard, news, News Poll, opinions, poll, television ...
Olbermann Suspension Helped Fox <b>News</b> | FrumForum
MSNBC isn't an impartial arbiter of news, at least not the sanctified area in which Olbermann, Ed Schultz, and Rachel Maddow inhabit. It never was. And you may not see flowing robes and white collars but they preach to the choir all the ...
According to First American Core logic, the following cities were listed as the 10 most risky cities for foreclosure, as of Jan. 28, 2008:
1. Bakersfield, Ca
2. Stockton, Ca
3. Fresno, Ca
4. Warren, MI
5. Grand Rapids, MI
6. Riverside, CA
7. Sacramento, CA
8. Detroit, MI (down from #1 in 2007)
9. McAllen, TX
10. Youngstown, OH
A report released by First American Core Logic found that the risk of foreclosure has jumped 22% since last year and up 9% from just three months ago. Risk scores were based on job growth or loss, as well as incidences of fraud. Home price trends are especially important. Foreclosure risks are expected to continue to rise over the next 18 months, at the least.
Foreclosure Help
The major US mortgage servicers have agreed to be a part of Project Lifeline, a government-backed measure to help keep struggling borrowers in their homes. The project allows servicers to stop the clock on the foreclosure process for 30 days for people who are 90 days or more late on their mortgage payments.
Project Lifeline is not just for subprime mortgages, but for people with any residential mortgages for their primary place of residence. Homeowners who receive letters from participating lenders need to respond immediately there is only a 10-day window to response. The servicers may recommend financial counseling if they feel it's necessary. Both sides, the lender and the mortgagor, have a few weeks to reach some kind of agreement for resolving the homeowner's default.
Project Lifeline has been adopted by dozens of mortgage servicers belonging to the Hope Now Alliance. A list of these lenders can be found on the website: www.hopenow.com. There is also the hotline set up to give anyone calling mortgage help. That phone number is 888-995-HOPE.
Project Lifeline is an addition to an industry wide initiative, that was announced last December, which freezes interest rates and as a result of that monthly payments, on sub prime mortgages for qualifying homeowners for 5 years.
The downside of Project Lifeline is that it does not apply to people who are within 30 days of foreclosure sale. Most people don't face the reality of their situation until the 11th hour and by the time they go for help it maybe too late.
The Hope Now Alliance is a program aided and funded by the lenders of the alliance. It is a private sector led effort to help minimize the horrors of the housing dilemma. There will be homeowners who choose not to respond to phone calls or to letters sent who will take no action and simply walk away. The borrower whose mortgage exceeds the value of the home or put very little money down are most likely not to respond.
Overall, the Hope Now Alliance and Project Lifeline is striving to help as many able but struggling homeowners as possible regardless of loan program or credit ranking.
These programs are only 4 months old but have so far had a membership increase from 60% subprime servicer market to 94%. The amount of hotline calls is up from 625 to 4000 a day. In the first three months Hope Now Alliance servicers have sent 775,000 letters with a 16% response rate. They will be sending a second round of additional 200,000 letters each month.
Remember these programs are designed for primary residences. It is not a cure or retribution for those who profited or who have committed fraud in the mortgage industry. It is an effort, through loan modification or refinancing, to keep homeowners in their homes.
The latest round of letters were just mailed February 20, 2008. This was the 4th round and last day to respond in 10 days from the 20th. The best advice for foreclosure help would be to first believe it's happening and take action. The next advice is to call your lender. Believe me no one benefits when a house is in foreclosure including the lender so they are willing to work with you.
eric seiger
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