Archive for the ‘Other – Business & Finance’ Category

secured credit cards good for getting a mortgage?

Posted in Other - Business & Finance on 06/02/2010 05:36 pm by admin
Gina asked:


I want to try to get a mortgage loan in about 6 months. I have no credit cards. Would it be good for me to get 2 secured credit cards at this point?

Douglas
 

As a mortgage loan processor should I prepare the 1003 and 1008 or is this the loan officers job?

Posted in Other - Business & Finance on 04/10/2010 10:08 pm by admin
rosa asked:


My loan officer is hardly at the office and is always calling me do submit files to underwriting but 1003 are not even completed. Is it ok if i prepare them. Or is this the loan officers job.

BOBBY
 

What percentage of America’s mortgage debt is currently held by savings & loans versus commercial banks?

Posted in Other - Business & Finance on 09/28/2008 02:50 pm by admin
Eagle watcher asked:


There was a savings & loan scandal in 1989. Since then I imagine that their portion of the total of American’s mortgage loans has declined. Concomitantly have commercial banks increased their share of the total mortgage debt in America?

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How are sub prime loans, the US mortgage situation, the credit crunch , and Northern Rock related?

Posted in Other - Business & Finance on 11/18/2007 07:26 am by admin
dance_hall_qween asked:


How are sub prime loans, the US mortgage situation, the credit crunch , Northern Rock and the loss of city jobs related ?why is this all very important? and what does this say about the state of the economy?

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