The Real Estate Report -- Nov 25th
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The Real Estate Report -- Nov 11th
Category: Mortgage News Tags:
Default Risk: Not Just for Homeonwners Anymore
Homeowners are not the only ones having difficulty paying their mortgages. Owners of commercial properties, from office buildings and industrial parks to malls and resorts to hospitals and medical buildings are all feeling the pressure. And as of Tuesday, the cracks are officially beginning to show.
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Seniors Going In Reverse
Have you seen Robert Wagner recently? Chances are you have and he’s been talking about reverse mortgages. Reverse mortgages have been touted as a solution for cash strapped seniors allowing them to keep and live in their home while still enjoying a comfortable lifestyle. Comfort has lately taken a back seat to surviving the current economic chaos.
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It’s Official: The Crisis is Worldwide
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Where is the last place on earth you’d expect to need a bailout . . . due to a real–estate bubble bursting . . . and banks failing . . . and stock markets crashing . . . that has derivatives counterparty losses? Its the Gulf countries (GCC) in the Middle East and, in particular Kuwait. **ya coulda knocked me over with a feather**
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Profile: A blended family's finances
Newlyweds Ron and Marilyn are merging children, homes, debt and savings. They wish to coordinate their goals and manage debt.
Read more »Swimming up a debt waterfall? Try this
Small steps can give you the energy to tackle a big debt, says the Debt Adviser.
Read more »Citigroup and Merrill Keep Eating Losses
When both Citigroup and Merrill Lynch both came out with staggering losses recently, I don’t think many people were all that surprised. With the credit crisis in full swing across just about every part of the economy, the financial sector has been the hardest hit. Even after the fall of giants like Bear Stearns and Lehman Brothers, the rest of the guys left standing are still bleeding.
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The Banking Crisis is Over (?) Long Live the Economic Crisis
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
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Using equity to pay debt can be risky
Using a refinance to pay down credit card debt can be risky, the Debt Adviser says.
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