Can anyone give me some insight on what to expect when buying a property that is located in a flood zone. What extra expenses can I expect as far as insurance ect. Any hidden surprises, fees, or laws I will have to ...
@Bloomberg, Banks Down Under missed the 2008 Financial Crisis Memo, check out the Housing Bubble Down Under, https://tinyurl.com/BanksDownUnder
Iceland, a long-time banking powerhouse, may be a huge casualty in the global financial crisis. What next?
http://news....
CAN A BANK CALL GOOD/PERFORMING LOANS?IF SO HOW DOES ONE PREVENT/PREPARE FOR THIS, OR CAN THEY?I have always thought that if I am current on my bank loans the bank would not want to call the loan or foreclose on the p...
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
Found guilty in conspiring with 20 other traders and brokers to rig LIBOR to benefit his own trading positions, Tom Hayes was finally convicted and sentenced to 14 years in prison by a U.K. judge. This is the longest ...
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
The acronym FINRA stands for Financial Industry Regulation Authority. On its website it describes its mission and utility."FINRA is dedicated to investor protection and market integrity through effective and efficient...
Informative article today in the NYT on our wonderful industry.
http://nyti.ms/1hf8qJL
Five years after the crash, investors are cashing in on foreclosed homes. For some, the financial crisis never se...
how do you approach an auction property. Since one is not able to see it, then one can get into a financial crisis if the property turns out to be really worthless. So how would one put a value on the property.