Mortgage Lenders

As the founder of Bello Mortgage, let my 11 years of experience and hundreds of resources find the best mortgage for you.

For Installment 3, I will be going over what you should know about Mortgage Penalties (ie. if you want to switch mortgages to take advantage of a lower rate) and a look at some examples.

Free Legals, Appraisals & Bonus Offer if you state you found Bello Mortgage through YouTube.

For more information or to receive our Free Newsletters, visit:

http://www.mortgagespecialist.ca

or call:

604.303.9000 and talk to Pedro today!

Duration : 0:6:27

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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

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As the founder of Bello Mortgage, let my 11 years of experience and hundreds of resources find the best mortgage for you.

For Installment 4, I will be going over Investment Mortgages for people who want to look into making some profits with real estate.

Free Legals, Appraisals & Bonus Offer if you state you found Bello Mortgage through YouTube.

For more information or to receive our Free Newsletters, visit:

http://www.mortgagespecialist.ca

or call:

604.303.9000 and talk to Pedro today!

Duration : 0:8:34

(more…)

Technorati Tags: alternate, Bello, finance, invest, Investment, mortage, mortages, of, profit, revenue, richmond, streams, vanvouver