welcome to the same page as everyone else, congratulations!
Real Obama story effecting me right here..
- Thread starter Himark
- Start date
welcome to the same page as everyone else, congratulations!
Sorry but I see this as nothing more than one f'n more I hate Obama thread!!
People need to conserve some energy! He isn't even the president yet!!!!
Again, comical!!
Sorry but I see this as nothing more than one f'n more I hate Obama thread!!
People need to conserve some energy! He isn't even the president yet!!!!
Again, comical!!
Do you own a sled or are you just this site's token liberal??????
Sorry but I see this as nothing more than one f'n more I hate Obama thread!!
People need to conserve some energy! He isn't even the president yet!!!!
Again, comical!!
You're entitled to think whatever you want, but I think you're way to sensitive and a bit slow on the uptake. but most libtards are
And guess what, they may come out ahead on the deal.
I just finished up an appointment with some folks who ask me to review a proposal their current mortgage service provider has presented to them.
These guys owe $168,000.00 on their current mortgage. It is 4 months delinquent and in foreclosure. The service provider is offering to re-write the loan and reduce the principal balance to $100,000.00 on a 30 year fixed rate with no pre-pay @ 5.25%. The new principal balance of $100,000.00 includes 4 points to the servicer for doing the refinance. That means the new principal would have been $96,000.00. The service provider is making $4,000.00 to re-write a guaranteed loan. That's about twice what a normal lender would make doing a refinance at this loan amount which includes processing and having the loan underwritten, none of which has to happen on the re-write. I can only assume a major portion of the loss of $72,000.00 is getting covered by the $700 billion stimulus package.
This is not a joke guys. I just went through the paper work with a fine tooth comb.
What could you do with $72,000K ?????. Of course the honest responsible people won't get this benefit.
What is happening to this country???
I just finished up an appointment with some folks who ask me to review a proposal their current mortgage service provider has presented to them.
These guys owe $168,000.00 on their current mortgage. It is 4 months delinquent and in foreclosure. The service provider is offering to re-write the loan and reduce the principal balance to $100,000.00 on a 30 year fixed rate with no pre-pay @ 5.25%. The new principal balance of $100,000.00 includes 4 points to the servicer for doing the refinance. That means the new principal would have been $96,000.00. The service provider is making $4,000.00 to re-write a guaranteed loan. That's about twice what a normal lender would make doing a refinance at this loan amount which includes processing and having the loan underwritten, none of which has to happen on the re-write. I can only assume a major portion of the loss of $72,000.00 is getting covered by the $700 billion stimulus package.
This is not a joke guys. I just went through the paper work with a fine tooth comb.
What could you do with $72,000K ?????. Of course the honest responsible people won't get this benefit.
What is happening to this country???
That's enough to make a guy sick...
That 72k is not covered from the bailout or any other govt money... The conditions that I heard and read were about refinancing the percentage rate only, and if need be deferring some principal to the end of the life of the loan. Like going to a 45 year loan and having a chunk of principle due then...
I don't think you got the whole story, or the bank is going to get fu(ked by thinking they are going to get covered.. I have not heard anything about reducing principle amounts on loans, just taking adjustable interest rate loans and making them static at a lower value then before..
I smell BS all over this....
You smell wrong. I heard exactly what spur was talking about on the news a few days ago.
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you thought hard and deep about that one, didn't you?
You put up a link for a year old article from msn, after criticizing fox news. You are a piece of work.
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dang... someone screw with you today jerky boy? Hey, atleast I got the December date right... looked recent, who knew it was the 3rd today? lol I guess that is pretty interesting that I seem to be, or rather fox news is held to the same standard as I am... ha ha.. no wonder!
So you do anything besides bit(h and moan today? Just curious if I should be looking forward to anything you have to say.... Dang, that was a dumb question.... as I already know the answer...
here, drink some of this
and stop being so crabby.. You realize I'm not really a bigfoot don't you? It's just a screename and avatar...?
dang... someone screw with you today jerky boy? Hey, atleast I got the December date right... looked recent, who knew it was the 3rd today? lol
So you do anything besides bit(h and moan today? Just curious if I should be looking forward to anything you have to say.... Dang, that was a dumb question.... as I already know the answer...
here, drink some of this
I'm fine, and have done plenty today with no bit(hing and moaning thank you. It's you that seem to have your panties in a bunch after being proven wrong again. To be honest with you, it doesn't matter much to me whether you look forward to anything I say or don't say. Ignore me at will.
If you must post links, at least post valid ones, your less likely to get your little feelers hurt that way.
Here have a
You got a link to snopes for that? Can you post some facts to back up that statement? I don't believe it....
Maybe try this
, since obviously the beer didn't work.. Oh hell, I will treat you like a chick.. here is a present 
and a rose 
You happy now? I can't afford diamonds....sorry...
Himark, been there don that with some clients. I got a call from the loss mitigation department of the lender, and forced the sale to go through by accelerating the foreclosure. These sellers had some fine print in the original note that allowed for that to happen. Keep your chin up and keep digging!
My buyers with cash are scoring some significant bargains right now. These are a long term minded investors with a belief that things will turn around. PM me and I would love to talk shop with you, or more like survival skills right now!
My buyers with cash are scoring some significant bargains right now. These are a long term minded investors with a belief that things will turn around. PM me and I would love to talk shop with you, or more like survival skills right now!
J
Jaynelson
Well-known member
Y'know what the scariest part is? Dudes like your seller actually think they've got er figured out. Like this guy TRULY believes he is still a smart financial planner, even tho he is the exact idiot who has F'd the economy being 150% bought up. What an F'in moron....
I must of hit a nerve!!
You're entitled to think whatever you want, but I think you're way to sensitive and a bit slow on the uptake. but most libtards are
Those are more than likely facts and that absolutely pisses me off!! It pays to be a F up!!
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