How have lending institutions become such a corrupt and greedy business in recent years?
Uncle Ant asked: For the most part, they do not do business ethically, nor on any terms which aren’t designed to screw the consumer. This is one big reason the housing market is upside down these days. Should laws be made to regulate this problem?
My theory is that the brokerage market became more competitive in [...]
What are some of the lending banks that help with home loans and bad credit?
thomas p asked: I HAVE A LOW 500′S CREDIT SCORE, WE HAVE BEEN A STRUGGLING FAMILY FOR YEARS NOW, WE HAVE 7 KIDS AT HOME, 4 ARE FROM PREVIOUS MARRIAGES.WE ARE IN THE NEED OF OWNING OUR OWN HOME, IVE RECENTLY GOT A PROMOTION AT WORK THAT ALMOST DOUBLED MY INCOME.BETWEEN THE BOTH OF US [...]
With tighter lending standards, how hard is it for a retired senior citizen to get a loan?
Greasy Tony asked: My parents are thinking of selling thier home and relocating. What are the risks as retired seniors with the bad stock and realestate market? With the tight lending standards, what are thier chances of even getting a loan at their age?
They have good credit and good equity in thier current home. [...]
Is Predatory Lending just something made up to make me use my tax money to bail our idiot adults out?
Emilio O asked: I am not sure about anybody else but I hate these idiots that buy houses they cant affored and the government forces me to bail them out. I am a father and I made good decisions and now I am stuck using my hard earned money to bail these idiots out that [...]
Any hard money or private lending companies out there lending nationwide?
Running Man asked: Does anyone know of a hard money or a private investor that would lend in the state of WI? I am looking at residential and small commercial properties, loan amounts as low as 50k. I am looking to buy and hold. I am looking for terms of 3 to 6 months and [...]
Where can I find more info on mortgage lending?
XxKimmyxX asked: I am specifically looking for a site where it explains and goes into detail about the 1003 form [application form for a mortgage] and how to fill it out and what the things mean on there. I also would like more information about what’s in a loan package and how you put it [...]
How hard is it to get a Mortgage because of Subprime Lending issues?
drp2505 asked: I am looking to purchase my first home in the summer with my brother. We both make very good salaries, but we’re trying to steer towards an 80/20 loan. I was figuring an interest rate somewehere in the 6.5%/8.25% area for the 80/20 respectively. Also, we will both be below [...]
What banks were NOT involved in subprime lending, & are strong enough to withstand pressures of foreclosures?
walkathisway asked: Do you know where I can find a list of banks that were not involved in subprime lending fiascos? Thanks
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