Hi All,I have seen news about a few Banks are failed due to interest rate hikes.Can someone explain how interest rate hike affects the bank?What is the reason for SVB, the first Republic, to fail? Trying to understand...
What happens to notes held by banks that were closed by the FDIC. If mortgage payments are still to be paid to the closed bank, what happens to the payments?
Six more banks failed today (4/15/2011) ..... or should I say were closed by the FDIC.
Two in Alabama, two in Georgia, one in Mississippi and one in Minnesota.
Brings the total bank failure count to 34 with Georgia ...
Hi,
I would like to take out a Heloc on my rental property. Does anyone know a bank or credit who does that? Thanks,Dany
How is it that Iceland can let banks fail and we can't:
Iceland Letting Banks Fail
If we could get the government out of our home financing market imagine how much more stable the market would be! We could have man...
I am reading in the forum that bank and mortgage company would go after the overbid when the amount is large enough, and a question just popped: How about the home owner, who pays monthly into the escrow ? Clearly th...
So our question is, what are others doing to protect their rental properties if property taxes get out of hand due to inflation and you can't raise rents due to a depressed economy.In light of the Canadian dollar drop...
I have a friend that owns a vacant rental home that she hasn't made a payment in years on and is in foreclosure status. As her real estate agent, I've attempted to work with her and the bank to short sell it. We've ...
Hi,
I have a duplex in a good area (I have several other rental properties there) that is $78K, needs about $20K in fix up, and currently has renters paying a total of $1900/month. The bank wants all cash and quick c...
This REO home that I am interested in is an upscale home. The market price I’d say is around 700k and the average home here is around 350k. I am looking to purchase as my primary home not an investment home.
Accord...