Mortgage Guide

nuyorkrulz9 asked:


Who are the people that are defaulting on their mortgages? which companies (industries) are involved in this?
Additionally does this go on in some regions more than in others?
what effects does it have on the economy and our daily lives?
what can be done to prevent further morgage defaults and fix the tumbling economy?
what shouldve been done earlier for this crisis to never have started?
what will happen if this problem isn’t fixed in the long run?

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slinky317 asked:


In the past weeks, Obama has been called a socialist because of his tax plans which would benefit the middle class. McCain, however, in the second debate, mentioned that he wanted the government to buy up bad mortgages, which is far closer to socialism than anything Obama has said. Why are the people railing on Obama not railing on McCain for his plans?

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Anne asked:


How is the application of mathematics used in calculating ones own mortgages and annuities? Are there any related charts, formulae, graphs, or images?

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daibato asked:


In other words, are the values of just the faulty sub-prime mortgages being affected, or are the values of all American mortgages affected?

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