Archive for March, 2011

How many US auto loans and home mortgages financed by banks are out there?

Sunday, March 27th, 2011
khulet asked:


I’m trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It’s for a school project.

Kitchen Cabinet Organizers
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

What are all mortgages loans for first time buyer? What is the current interest rate on mortgages loan?

Friday, March 25th, 2011
shitty asked:


I am looking for some personal experience from the first time buyer.
Where is the best place to get mortgages loan?

Is there a federal mortgage loan?
I am looking to buy in the next few months and I need some one to guide me on loan and everything about home buying for the first time.

Vinyl Siding Cost

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

How can I get a bank to consolidate two mortgages?

Thursday, March 17th, 2011
Carol B asked:


We have two mortgages on our house. the holder of the first one bought out the second mortgage company. Why won’t they refinance the mortgages into one. We cannot make both mortgages anymore due to a change in employment, loss of wages. HSBC and HFC are the companys. So we’re paying just the first one. Can we be foreclosed on?
The balance of the two morgages is lower than the value of the home. Make sense?

Eagle Claw Fishing Rods
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages?

Wednesday, March 16th, 2011
itsjunglepat asked:


I read public records when doing RE research so I’m wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan?
Are we saying that a home equity loan automatically shows as a lien?

Kitchen Cookware Sets
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

If Countrywide goes bankrupt, what happens to its mortgages during during the bankruptcy process?

Sunday, March 13th, 2011
some1virtual asked:


I know that its debts and assets will be sold to other banks. The question is when? Will the sale of its mortgages have to wait until the bankruptcy proceedings are over and it is decided what goes to what bank?
If so, what would happen with delinquent mortgages during this time which is sometimes more than a year ?
Another example would be New Century Financial which has already started bankruptcy last year in April. What happened with some of their mortgages that became delinquent while the bankruptcy was going on?

Eagle Claw Fishing Rods
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google