How many houses are in the United States of America?
January 10th, 2009
Archive
Posts Tagged ‘Adjustable Rate Mortgages’
Do you agree that the USA is headed for an enormous recession?
December 31st, 2008
Mao asked:
The US Dollar is plunging on the world market. The Arabians don’t even want to quote their oil prices in US dollars anymore. The USA can’t raise interest rates to make the US Dollar attractive to foreign investment because half of the people in the USA will have their houses forclosed on because of adjustable rate mortgages. Do you agree the USA is trapped into a downward spiral with no way out?
The US Dollar is plunging on the world market. The Arabians don’t even want to quote their oil prices in US dollars anymore. The USA can’t raise interest rates to make the US Dollar attractive to foreign investment because half of the people in the USA will have their houses forclosed on because of adjustable rate mortgages. Do you agree the USA is trapped into a downward spiral with no way out?
How Many ARMs are there that have yet to reset ?
July 13th, 2008
harlanauctions asked:
I heard that the number of adjustable rate mortgages in the U.S. that have yet to reset was around 6 million. Does anyone have any other figures on this? That sure is a LOT of people who may or may not be able to get refinanced, given the recent credit crisis.
I heard that the number of adjustable rate mortgages in the U.S. that have yet to reset was around 6 million. Does anyone have any other figures on this? That sure is a LOT of people who may or may not be able to get refinanced, given the recent credit crisis.
When the uber rich mortgage bankers make bad loans why should innocent taxpayers pay for the deceit and greed?
June 3rd, 2008
Mordecai Zion asked:
Mortgage Bankers of America started this with adjustable rate mortgages. Another ponzi scheme where the small time suckers get left holding the bag. It started around 1984. This collosal bailout will only delay the inevitable. Obama has more links with this than does McCain. Beware. Dallas school district announced emergency situation today. Teachers will be laid off, nurses will be laid off. Without credit to meet payrolls, millions and millions will get laid off. They you can call it a Depression. Awesome unemployment is the next step after the banks close or shrink. Credits lines freeze up and business shut the doors. They cannot make the payroll. The U.S. Congress sat on their hands and did nothing. Now they will all vote for a bailout but they really do not understand what the hell they are doing. Those suckers were in on this bank robbery and looked the other way. Welcome to Hell compliments of the U.S. Congress.
The congress should do the honorable thing. The most common form of seppuku or “hari kari” for men was composed of the cutting of the abdomen, and when the samurai was finished, he stretched out his neck for an assistant to decapitate him. Since the main point of the act was to restore or protect one’s honor.
Mortgage Bankers of America started this with adjustable rate mortgages. Another ponzi scheme where the small time suckers get left holding the bag. It started around 1984. This collosal bailout will only delay the inevitable. Obama has more links with this than does McCain. Beware. Dallas school district announced emergency situation today. Teachers will be laid off, nurses will be laid off. Without credit to meet payrolls, millions and millions will get laid off. They you can call it a Depression. Awesome unemployment is the next step after the banks close or shrink. Credits lines freeze up and business shut the doors. They cannot make the payroll. The U.S. Congress sat on their hands and did nothing. Now they will all vote for a bailout but they really do not understand what the hell they are doing. Those suckers were in on this bank robbery and looked the other way. Welcome to Hell compliments of the U.S. Congress.
The congress should do the honorable thing. The most common form of seppuku or “hari kari” for men was composed of the cutting of the abdomen, and when the samurai was finished, he stretched out his neck for an assistant to decapitate him. Since the main point of the act was to restore or protect one’s honor.
Should we raise taxes to help homeowners having problems with their ARMs?
April 28th, 2008
YouKnowYouLoveMe asked:
Recently many homeowners have experienced problems with their Adjustable Rate Mortgages (ARMs). Because their rates have gone up dramatically, they cannot afford to make the payments required, and they are likely to lose their homes.
Should taxes be increased to help with the problems these homeowners are facing?
Thanks everyone!
Recently many homeowners have experienced problems with their Adjustable Rate Mortgages (ARMs). Because their rates have gone up dramatically, they cannot afford to make the payments required, and they are likely to lose their homes.
Should taxes be increased to help with the problems these homeowners are facing?
Thanks everyone!
What has caused our current economic condidtions in the US and how do we come out of it?
February 26th, 2008
Mario C asked:
What it the adjustable rate mortgages? if so couldn’t they just freeze the adjustments? What else happened to get this economy so sideways?
What it the adjustable rate mortgages? if so couldn’t they just freeze the adjustments? What else happened to get this economy so sideways?
Thank you
