http://www.refiadvisor.com Refinance Mortgage Rates – How to get the lowest possible rate when refinancing your home without paying junk fees.
Duration : 0:3:9
Refinance Mortgage Rates
New Rap Cassius Clay (With LYRICS)
Hook:
Whos that crash the stage
New rap Cashus Clay, Chadwick J
[pause] School cats half his age
Thats cool, but what is it you have to say?
Verse 1:
Patience is a virture,
But its hard to come by and Im the first too
Admit it yall, even though I spit it raw, so about
My binnis that I question what Im in it for
Is it the fame or the fortune?
Is it the Range or the forth floor apartment?
Did you get your name in the Source often?
Or did you make a change, which is more important?
It wouldnt matter if I had some stocks and,
Options I could make a handsome profit. But I dont.
And every since I had this doctoratedegree
Theyre expecting me to rap more conscious. And I wont
Perpetuate the image of blacks in the media
Just to make the Benjamins stack, instead of that
Imo exercise my freedomah
speech to take it back to the essence of rap
Verse 2:
These days, six figures is tougher to get
But Im hot like Im up in a pit
And getting hotta, no I aint 40 Water (E-40)
But I am sick wit it like Im up in the Click
And 40 said “dont by a 50 thousand dolla car, before you
Buy a HOUSE!”, what you tryin to buy the bar for?
Actin like a law student when you just a sophomore
And the writings on the wall like a chalk board…
While you tryin to keep up with the Jones’s
The Jones’s homes is FORECLOSIN!
And Bonz’s poems is more potent
than that balloon mortgage loan that youre holdin
We tell the kids to follow their dreams
But the television got’em livin out of their means
They need to know that what they see on TV is not as it seems
Even if we have to holler and scream, we gotta tell’em…
HOOK!
Duration : 0:3:42
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown 3 of 4
“American Casino” – Doc Investigates Roots of the Subprime Mortgage Meltdown and Tells the Stories of Its Victims
The subprime mortgage meltdown was at the heart of whats been called the Great Recession of 2008. It caused more than a million Americans to lose their homes and brought Wall Street to its knees. A new documentary opening today in New York takes on the subprime crisis, tracking its roots on Wall Street and Washington and profiling some of its victims, mainly African American families who lost their homes. We play highlights and speak with filmmakers Leslie and Andrew Cockburn. [includes rush transcript]
Duration : 0:10:2
Real Estate – Mortgage Backed Securities and Collateralized Debt – RealEstateMarketingThisWeek.com
http://realestatemarketingthisweek.com/real-estate/mortgage-backed-securities-collateralized-debt-obligations-and-tranches—oh-my/ – Mortgage Backed Securities, Collateralized Debt Obligations and Tranches – Oh My! –
Part 4 – Now, I put the colorful title on How to Screw the Bank that Screwed You for no other reason than to get people to click on it to get the information, because frankly, a lot of people were given really bad loans, were given really bad advice, and sometimes you have to fight back.
Here is one of the things and again Ill try to make this as uncomplicated as possible. Let’s say you bought the house and you got the loan through a mortgage broker. Well that mortgage broker didnt really give you the loan. They bought that loan from a wholesaler of mortgages. That wholesaler of mortgages, in turn bought that loan from one of those big huge Wall Street banks, most of which are out of business right now.
Important thing to point out if I may, Velocity Financial is a mortgage broker, we do get our money from several wholesale banks, I just wanted to point that out because we’re glad were a broker.
Just to continue the analogy. So the broker buys it from a wholesaler, who buys it from the Wall Street bank, and like I said, most of them are out of business now. And what the Wall Street bank did with thousands of these loans worth billions of dollars, they put them all together into what is known as mortgage backed securities. That is the stuff you hear like Fannie Mae is selling and there is an interest rate put on them, and what happened to these mortgage backed securities is they in-turn were bought up by other Wall Street banks, combined with other mortgage backed securities and they were called collateralized debt obligations.
Well then these brainiacs on Wall Street decided to chop these collateralized debt obligations up into what is referred to as tranches. So let’s say you had your best quality AAA borrowers in the top tranch . And obviously your ZZZ borrowers were in the bottom tranch. Each one of them was given a specific interest rate, each one of them was rated by a bond rating firm, and each one of them was given insurance.
Well, what happens is as these got split up and sold over time the notes on the mortgages go with the debt itself. So CDO over in Bangladesh owns your mortgage now, but here is the problem, they dont have the paperwork.
So the reason I went through this whole story is in case your bank comes to you and says were going to foreclose what you want to do is go and get yourself an attorney and you want this attorney to go to this bank and say we want you to prove to us that you have standing, that they have the legal right to come after you and foreclose on you. And here is the thing, if they dont have the paperwork, if they dont have the note on the property, they cant prove that they have standing. So whether its the wholesaler, who is foreclosing on you, whether its the servicer, whoever it is, chances are very good that they dont have this note.
So again, he got a little complicated. You want to go to the website http://mortgageanswerman.com and there are several articles there, and a lovely little chart that I drew up, except that it will be much nicer than this piece of paper, and I will have all the information there. I had a friend just recently who was in foreclosure and she made the phone call, and she said, you cannot foreclose on me without the original note. Now eventually it got foreclosed on, but it delayed it several months until they were able to find that note. Chances are they may never be able to find that note.
And in many states, including Florida and Ohio they are very successful at using this tactic to stop or completely do-away-with the foreclosure sale. We dont necessarily want to encourage people to go down this path, right? Were looking for a stall essentially?
Well, hopefully no one will ever have to get to that point. But if you believe that your servicer, your mortgage company is not being nice to you. Especially if you call them up and want to do a loan modification, and they are dragging their feet, filing foreclosure and coming after you, you have to protect yourself. And this is one of the ways you can protect yourself by hiring an attorney and suing them for lack of standing
That is one of the things that I want to talk about that Velocity Financial is involved with a national network of attorneys who do this sort of work. Velocity Financial does not charge an upfront fee for these types of loan modifications, we do hire an attorney and they work with the national network of attorneys to work on your behalf. They do charge a retainer, of course, if they are going to fight for you they need to be paid, however, there are no upfront fees… http://realestatemarketingthisweek.com
Duration : 0:6:36
Mortgage refinance home loans Franklin TN Myths 3
http://www.MortgageRefinanceLoansFranklinTN.com Have you been told that you cannot refinance at this GREAT rate.
Andy Gaggin of Gibraltar Mortgage works with financing loans all day.
He is here to help. This is the third part of a three part series about
property loans and refinancing your home and get some of the really GREAT
Interest rates of today!
Duration : 0:2:37
UK Mortgage Approvals Dip Again
The outlook for the UK housing market has darkened again. The usually optimistic bunch of property market watchers polled by Reuters, who have tended to predict ever-rising property prices no matter what the season or financial climate, now say the market will move sideways for the next two years.
They say that in the next few months, the small double-dip in prices that has begun will continue. Modest gains predicted less than three months ago for this year and next essentially have been wiped away.
Duration : 0:3:33
Los Angeles Mortgage Broker Explains Short Pay Refinance
http://www.mortgagehelplosangeles.com If the market value of your home is currently less than you owe your bank, AND if you are current in your payments and your credit is still in good shape, you may qualify for a new mortgage refinance approach that will reduce your principle to 90% of the current market value AND keep your credit intact. Details are included in this video or you can call Bill Rayman, Senior Vice President of Los Angeles Based Mortgage Capital Partners, to discuss solutions currently available to you. Call 310-453-4016 or read more on this blog http://www.mortgagelosangeles.blogspot.com
Duration : 0:8:31
Senator Shaheen on WMUR Urges Mortgage Lenders to Suspend Foreclosures in all States
Senator Shaheen appeared on WMUR on October 8, 2010 to discuss efforts to encourage major mortgage lenders to suspend foreclosures in all states, not just those that require a court process, until the lenders fix systemic problems with their foreclosure procedures.
Duration : 0:1:58
Author Hudson Says Fraud Drove The Mortgage Crisis: Video
Oct. 29 (Bloomberg) — Author Michael Hudson talks about the mortgage crisis and his book “The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America — and Spawned a Global Crisis.”
He speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)
Duration : 0:4:55
BankOwned–17231 N 36th St Phoenix, AZ–Post Rehab Final
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Duration : 0:4:11