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ARM Disclosures: Government Drops the Ball
December 5, 2005 "What grade would you give the Federal Government in establishing disclosure rules for adjustable rate mortgages (ARMs)?" F for "flunk", because the mandated disclosures exclude the essential information borrowers need to make decisions. ... more...

A Mortgage Servicing System For Borrowers?
Feb. 3, 2003 The great majority of loans today are serviced by firms that don?t own them. The servicer is paid by, and is beholden to the owner of the mortgage.  Borrowers have no say in who services their loan, and if they get poor service, about all they can do is write a ... more...

amortization tool related definitions

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

Amortization
Amortization Means loan payment by equal periodic payment calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance. Fixed rate 30 year mortgage is fully amortized in 30 years loan. Some ARM loan products ... more...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Home Business: Does One Need An External Solution Or An Internal Resolution?
A home business on the Internet: The lure of it entices us as we surf the net. Vivid images begin to dance in our heads; swimming pools, exotic cars, romantic vacations, and money..lots of money to spare.We envision ample quality time with our family and plenty of money to send our children to the ... more...

Exotic Mortgage
With real estate prices ever on the rise, first-time home buyers are facing more difficulties in buying a home. Who ever thought they'd buy a $500,000 starter home?Mortgage lenders have acknowledged the problem by creating new and innovative mortgage products, mostly designed to lower the ... more...

Branding Web Strategy Mistakes - Brand Identity Guru
1. Lack of overall strategy and clear definition of success:Most people realize the need for a site, but don't understand what it can/should do for the company. And when they do have a goal, they don't measure it. We'll often ask people, "What are the objectives of your site?" Answers vary from ... more...

MLM Success- Blazing Top 52 MLM Success Tips- Part 1
These are time tested tactics that will set you apart from the average Network Marketer, and keep your business stoked and totally ABLAZE! Bookmark this page and refer back to it! Send it to your Team and SET THEIR BUSINESS ABLAZE!Here are the first 26 tips of the BLAZING Top 52 MLM SUCCESS Tips:1) ... more...

Decision Time: Home Equity Loan or Home Equity Line of Credit?
Home equity loans and home equity lines of credit continue to grow in popularity. According to the Consumer Bankers Association, during 2003 combined home equity line and loan portfolios grew 29%, following a torrid 31% growth rate in 2002. With so many people deciding to cash in on their home's ... more...

This Secret Weapon Will Eanble You To Close Up To 200% more Home Remodel Sales
Many Homeowners are not aware of all the options that are available to them when it comes to Home Loans. As a Home Remodeling Specialist you have a very powerful sales tool that most of your competitors don't even know exists. By using this Sales tool you can overcame the one Major purchase ... more...

Home Equity Loans: A Useful Financial Tool
The investment need of an individual varies with time. Thus the need to buy a car or invest in a new house, which may have seemed "beyond means" a few years ago, may be a relevant and wise decision today. However, taking a consumer loan at existing rates may add to the existing debt burden of the ... more...

Mortgages for Dummies: Option Adjustable Rate Mortgages
Housing prices are at record highs. This has made purchasing a new home a very expensive proposition. In response to this mortgage lenders began offering products with lower monthly payments; this allowed people to qualify for larger loan amounts.The problem with these new loans is that they come ... more...

The Top 10 Steps to Extraordinary Personal Wealth
I recently came across startling figures about the average Americans finances. Only 4% of us have significant savings when we hit age 65, and a majority of Americans have less than $1000 in savings. Perhaps even more troubling, nearly one-fifth of us have a negative net worth, meaning that we owe ... more...

Are You Afraid of Email?
Since the days of telephone party-lines, it has been a fact of life that some communicators have tended to cause others of us frustration. Teenagers tying up the familys only telephone line for hours on end; then the computer tying up the line for hours on end. Our mail boxes have been so ... more...

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