President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...
Hello Friends,I hope everyone is doing great. Does anyone know how to find ForceClosures list in Windsor(Ontario) area.Thanks alotAditya Soma
With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation). I am question...
Just who does the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Association (NCUA) protect? Everyone feels it is their own savings that is being protected. Not so! The FDIC is actually set...
New Frontier Bank, Greeley, CO
Cape Fear Bank, Wilmington, NC
I believe we've hit another familiar tipping point with New Frontier's takeover outcome.
New Frontier's Press Release says there were $1.5B in Deposit...
If the commercial real estate market causes some banks to fail as predicted by Powell (see yahoo finance article attached) what correlation will we see in the economy as a whole? Does commercial collapse spill into Mu...
Hi everyone,My friend and I would like to start purchasing single family homes as rental properties. I'm struggling to understand how to start this process. I read about LLC's, and how its difficult for it to obtain l...
What do banks usually do with bank owned foreclosures that fail to sell at auction?
http://www.sltrib.com/business/ci_13000561
I need your thoughts here. Who or what does this help? Do we next start buying directly from the govt? Will the good banks be lending on better terms and rates? Do we just ...
The massive back log of foreclosure properties appears to be pushing through the system again at an increased rate in Cook County, IL (Chicago).
Properties sold back to the lender at foreclosure auctions increased 62...