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21 August 2024 | 94 replies
Do you think parterning with a guy whose content I’ve consumed on instagram and youtube is to unreliable and “scammy”?
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13 August 2024 | 7 replies
Okay then you're in a really great place, if you had 250k of consumer debt that would change the focus a little!
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15 August 2024 | 4 replies
There is a lot of mistrust in lending from both the private money and consumer purpose side.
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14 August 2024 | 8 replies
Entering 100 expenses at the end of the month is very time consuming compared to Quickbooks or Tiller spreadsheet, plus you cannot do this through the mobile app.
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20 August 2024 | 45 replies
Read more here:https://servicing-guide.fanniemae.com/svc/d1-4.1-05/enforcin...On the consumer side of the transaction I've seen contracts requiring a conveyance back to the seller and a restructuring as a lease option with payments mirroring the mortgage obligation and essentially a $0 buyout.
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13 August 2024 | 24 replies
Thing is this, they want multiple data to follow their trajectory, they think one indicator like inflation data is not sufficient to make cut decision, they are then waiting for the employment to collapse to start printing again as they want to make the pain in economy as long as possible.If the Fed was concerned about employment and job growth, they would have a more aggressive take on all of the illegal immigration and how that affects jobs availability.They see it as an increase in consumers (the velocity of money) and are not worried about how these consumers are going to pay for the things they consume (job growth).
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12 August 2024 | 0 replies
Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.Yum Brands—parent company of Taco Bell, KFC, and Pizza Hut—opened 894 new locations globally in Q2 2024, marking a 5% increase in total units from last year.
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16 August 2024 | 19 replies
Both local domestic and international insurance at the consumer, commercial and reinsurance levels have been hit with 30 year losses in 5 years.
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15 August 2024 | 23 replies
HI Dara,If you own more than 50% of the LLC and can prove that you own it via operating agreement IE you’re the manager or member for 51%+ you can use conventional financing to close on this refinance out of your LLC (you will need to quit claim deed it back to your personal name and update the preliminary title report prior to closing conventional).Fannie doesn’t care about seasoning and timing however if you opt to use Freddie Mac there is a 51%+ ownership of the LLC required and or 12 months payments or occupancy required so freddie is way tougher for their continuity of obligation (COO) requirements.
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12 August 2024 | 4 replies
Additionally, securing funds to split the equity might require accessing other resources.In some cases, a partition may be an option to help pay off bills if you opt for a divorce buyout instead of a cash-out refinance.