Subprime Crisis Exposes Deficiencies in Risk Management among Financial Institutions Globally
RISMEDIA, Dec. 4, 2007-The recent crisis in the subprime lending market exposed structural deficiencies in the financial system globally, particularly ...
Is it possible to get a no-down payment loan?
Builders will typically offer no-down-payment loans to sell properties in a slow-moving development or a depressed market. Desperate sellers also ...
What things do lenders view positively and negatively during the application process?
When you apply for a loan, long, steady employment is always seen as a plus, as is a large down ...
What does a mortgage broker do?
Much like a stockbroker helps you buy stocks, a mortgage broker can help you purchase a home loan. Because the ...
How do I qualify for a home loan?
Your real estate agent has information on lender loan requirements and will be able to calculate a rough monthly figure ...
Why is location so important?
Location remains the single most important factor when choosing a home. It can make or break the value and desirability ...
What about guidelines for VA foreclosures?
As with HUD, anyone can purchase a VA home. Qualified buyers also can receive the benefit of a VA loan ...
What are some of the guidelines for purchasing HUD foreclosures?
If you have the cash or can qualify for a mortgage, you can buy a HUD home. Down payments vary ...
What are the disadvantages of buying foreclosures?
Buying directly at a legal foreclosure sale is risky. Among the disadvantages: There is no financing. You need cash and ...
What happens at a trustee sale?
When a homeowner falls behind on three payments, the bank will record a notice of default against the property. When ...
4 Hidden Costs of Homeownership Clients Should Understand
As your client’s guide to the process leading to homeownership, it’s your responsibility to make sure they know what they’re getting into from a financial perspective. Read more.
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