Mortgage Lenders

This is a response to the poor video at http://www.youtube.com/watch?v=2PlzAIURH6o

UPDATE: This user pulled the video due to lack of facts and has reloaded it at http://www.youtube.com/watch?v=maWr_ZEaR5g

In short (the rest of the detailed information is at the link on the bottom), Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) were the main causes of the housing market collapse and subsequent economic downturn.

They engaged in massive amounts of subprime lending (Alt-A mortages, “stated income, stated asset” loans, no down payments, etc) to the tune of over $1.6 trillion and sold these back on the market as mortgage-backed securities.

Clinton’s HUD ratcheted up the subprime (lending to “underserved”, low-income and very low-income areas) lending quotas of the Community Reinvestment Act and here we are now.

It’s no surprise that AIG, Countrywide, IndyMac and Washington Mutual were heavily invested in these mortgage-backed securities. Call your Senators and Congressman. Demand that Freddie Mac and Fannie Mae be elimintated.

http://www.freewebs.com/professor_enigma/fanniemaefreddiemac.htm

Part II of our video response is at http://www.youtube.com/watch?v=rkGE9P2aYZY

Duration : 0:9:23

(more…)

Technorati Tags: acorn, Act, AIG, Alt-A, America, and, assistance, barney, bill, Carter, Charles, chris, Chuck, clinton, Collapsed, Community, Corporation, countrywide, Development, dodd, financial, frank, housing, how, Industry, IndyMac, Jimmy, lending, mortage, mortgages, Mutual, Neighborhood, of, redlining, Reinvestment, Schumer, Subprime, The, U.S., Urban, washington

What order should you pay your bills? First, mortgage, then car payment, then credit cards, then any medical bills. Your mortgage, car payment and credit cards have interest charges that will apply immediately if you miss a payment, so they should always be first. If you have more questions, you can call the United Way’s helpline at 1-800-427-4626 or 2-1-1 for information about trusted community resources in the Greater St. Louis area you can turn to.

Duration : 0:1:15

(more…)

Technorati Tags: 2-1-1, Clear, Community, crisis, debt, Dennis, Facing, financial, how, johnson, KETC, Louis, Point, Prioritize, Resources, Solutions, St., The, to, Trusted, United, Way

Videos: To find all 4-videos, visit my channel at michaelciavarini then look for videos titled How To Sell My House – Part 1, 2, 3 and 4 respectively.

Here are all 4 Video links:
Part 1 – http://www.youtube.com/watch?v=keGz0V5dNAI
Part 2 – http://www.youtube.com/watch?v=lMm8Wb90jlc
Part 3 – http://www.youtube.com/watch?v=yKlBztmas6c
Part 4 – http://www.youtube.com/watch?v=a9qO9CKHNIg

Part 2 – describes the Mortgage Broker, their role, why they fail and their limitations. This is about the Mortgage Industry. Very interesting.

Michael Ciavarini a Certified Mortgage Planner creates a 4-part video expose on how to sell your house in 2010. This is ground breaking information you must have and will not find anywhere. Michael says the current system as is will fail you.

Watch each video in order and to their end. Call or email me with question. I invite your feed back. Please rate and comment. If you want me to help you sell your house, to work with your realtor or appoint a realtor who I have trained I will do that. Call me at (508) 662-5381 or email at mikec@bostonmortgageplanner.com.

Michael Ciavarini is a radio personality and has been interviewed by WBZ TV 4 News in Boston. He is a Certified Mortgage Planner in Boston Massachusetts. Subscribe to his YouTube channel and follow his blog at http://BostonMortgagePlanner.com.

Thank you.

Duration : 0:5:26

(more…)

Technorati Tags: boston property, for sale, house for sale, how, how to sell my house, michael ciavarini, michaelciavarini, part 2, property, realestate, Realtor, sale, sell my house, to

Price vs. Wealth Thinkers. Which one are you? When you search for a house and a mortgage are you all about Price or Wealth? Michael Ciavarini a Certified Mortgage Planner shows the numbers. Shopper A is Wealth Centered. Shopper B is Commodity Centered. Both by a condo. Who got the better deal.

Duration : 0:4:3

(more…)

Technorati Tags: estate, for, house, houses, how, how to shop for a mortgage, Investment, michaelciavarini, mortgage, My, price, property, real, sell, shop, to, wealth

quick tip to real estate investors on how to find private money lenders

Duration : 0:1:33

(more…)

Technorati Tags: estate, flip, flipping, homes, houses, how, lenders, Money, news, private, property, real, sale, tips, to, wholesale, wholesaling

http://www.TeachMsOffice.com
This video tutorial will show you how to make a fixed rate loan or mortgage calculator in excel. It is actually quite easy to do and after watching this step-by-step example and walk-through, you will be able to make your own also. This tutorial uses the PMT() function to calculate the required payments and it is also explained in the tutorial.

To follow along with the spreadsheet seen in the tutorial or to get some free excel macros or tips & tricks, go to the website:

http://www.TeachExcel.com

Duration : 0:7:24

(more…)

Technorati Tags: calculator, excel, formula, function, how, interest, loan, mortgage, payments, pmt(), rates, to, tutorial

http://www.97DiyLoanModKit.com Best do it yourself Mortgage Loan Modification System on the internet today. It contains information Lenders and Investors don’t want you to know. This system arms the average homeowner with vital information needed to successfully negotiate and complete your own loan modification. You get all the forms needed, sample Hardship Letters, word for word scripts, and an hour video webinar with a complete overview of the Loan Modification process.

Negotiate a rate reduction, a principal balance reduction, payment moratoriums and more . . .

Learning Mortgage modification is easy when you use the Best Mortgage Loan Modification System. You won’t feel alone.

Duration : 0:4:55

(more…)

Technorati Tags: advice, Affordable, christian, diy, do, fighting, finance, foreclosure, foreclosures, fraud, get, Home, how, it, kit, laon, late, loan, loans, Making, mod, Modification, modify, mortgage, Obama's, payments, Plan, rate, Refinance, restructure, scam, shortrefi, Stop, system, to, training, yourself