The California Housing Finance Agency announced that it would loosen eligibility requirements for the Keep Your Home California initiative. Among the enhancements is allowing borrowers who had cashout refinances to now receive some help. The state is also expanding eligibility to include mortgages originated after Jan. 1, 2009. View full post on Mortgage Stories
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CA Program Expanded to Cashout Loans
April 6th, 2011 
davidguide 
Posted in Business Loans 
Tags: California, california housing finance agency, california initiative, Cashout, finance, home, Housing, housing finance agency, post, refinances, State 
Comments OffCostly Litigation for Foreclosure Firms
December 11th, 2010 davidguide A $12 million settlement was reached in a lawsuit filed by the Federal Trade Commission against National Foreclosure Relief Inc. A $60 million lawsuit was filed in October by California’s attorney general against US Loan Auditors. In Florida, the U.S. Department of Justice announced that Peter James Porcelli II was sentenced to prison and hit [...]
Posted in Business Loans Tags: California, Commission, Costly, Federal, federal trade commission, Firms, Florida, Foreclosure, foreclosure relief, Lawsuit, Litigation, National, national foreclosure, Peter James Porcelli II, porcelli, settlement, Trade, U.S. Department, US Comments OffLoan Mod Paper
November 7th, 2010 davidguide The United States needs loan modifications. March 01, 2009 By: Peter Shu Orange County, California – According to a recent Gallup Poll, over 50% of Americans feel that offering government aide(mortgage bailout) to homeowners in distress is unfair1. My fellow Americans, it seems as if in this hard time we are hard-pressed to find support [...]
Posted in Business Loans Tags: Alex, America, California, gallup poll, Government, government aide, hardworking citizens, home, homeowner, Loan, loan modification, Modification, mortgage bailout, order, paper, Peter ShuOrange, United States Comments OffJudicial Foreclosures Hinder Florida Recovery
November 5th, 2010 davidguide In the last year or so, California’s housing market, though still weak, has begun recovering, while Florida’s remains on the critical list. Many experts say on key reason is the approach to foreclosure. California keeps things less complicated and largely outside the courtroom, making it easier for banks to seize and resell homes. Florida, like [...]
Posted in Business Loans Tags: approach, Banks, California, courtroom, critical list, Florida, Foreclosure, Foreclosures, Hinder, Housing, housing market, Judicial, list, market, reason, Recovery, year Comments OffLoan Modifications Are Working For Areas Hit Hard By The Economy
November 3rd, 2010 davidguide There are a number of places that have been substantially damaged by the slumping economy in the United States. These are all places that have been impacted in that home values are going down and unemployment levels are going up. These are places where people are less likely to be able to handle their loans. [...]
Posted in Business Loans Tags: Areas, Arizona, California, department of housing and urban development, Economy, Foreclosure, foreclosure mortgage, Hard, home, Loan, loan modification, Michigan, Modification, Modifications, Money, Mortgage, neighborhood stabilization, unemployment levels, United States, Working Comments OffCalifornia Governor Schwarzenegger and Alibaba.com Announce Schwarzenegger Emerging Entrepreneur Initiative
September 11th, 2010 davidguide HANGZHOU, China–(BUSINESS WIRE)–At a stopover here in China on his trade mission to Asia, California Governor Arnold Schwarzenegger announced a new initiative to provide 3,000 recent California college graduates with the guidance, skills and entrepreneurial know-how to start their own businesses and participate successfully in the knowledge-based, networked economy. The program will be developed through [...]
Posted in Corporation Tags: Alibaba.com, Announce, Arnold Schwarzenegger, Asia, Business, California, california governor arnold, california governor arnold schwarzenegger, China, Emerging, Entrepreneur, Governor, governor arnold schwarzenegger, HANGZHOU, hangzhou china, Initiative, mission, Schwarzenegger, stopover, Trade, WIRE Comments OffHard Money Lender Real Estate: Financing Options For Borrowers With Poor Credit
September 7th, 2010 davidguide NMP Hard money lender real estate is one financing option borrowers with poor credit can utilize to purchase a home. Hard money loans are substantially more expensive than conventional home mortgage loans. This finance option should only be used on a short-term basis to help borrowers establish or rebuild their credit history. Investors sometimes engage [...]
Posted in Business Structures Tags: Borrowers, California, conventional home mortgage, conventional mortgage loans, credit, estate, financing, Hard, hard money lender, hard money lenders, home mortgage loans, interest, lender, Money, Mortgage, Options, Poor, Real, Simon Volkov Comments OffWhat Is Hard Money and How Will It Benefit You?
September 1st, 2010 davidguide Have you heard the term “hard money,” but you’re not sure what it means? Perhaps you know what it is, but you’re unsure where to find it. Hard money is financial backing from private investors in the form of a loan. It is one of the best ways to get a business project off [...]
Posted in Business Structures Tags: Benefit, California, estate, foreclosure rates, Hard, hard money lender, hard money lenders, lender, lender loans, market, Money, project, real estate mogul Comments OffHard Money Brokers and Hard Money Lenders
August 24th, 2010 davidguide Hard Money Broker Hard money loans are made by private lenders and are very different than traditional loans. Hard money lenders can work directly with borrowers or hard money brokers can facilitate loans between borrowers and lenders. Some hard money brokers work in both capacities funding small hard money loans themselves and brokering larger ones. [...]
Posted in Business Structures Tags: broker, Brokers, California, california mortgage brokers, Deal, Hard, hard money lender, hard money lenders, lender, Lenders, Loan, Money, money broker, money loans, Mortgage Comments OffThe Rising Need for Hard Money Lenders
August 22nd, 2010 davidguide In the current times, there is always a need for money. You may be needing capital for a startup business you aim to get into or you may have urgent expenses at home or in personal finances. In such situations, you will definitely need to tap special and immediate capital resources. The problem is, there [...]
Posted in Business Structures Tags: Australia, California, Coastal, company, conventional lenders, credit, Hard, harder times, Jolla, Lenders, Loan, Money, money loans, necessary loan, Need, residential loans, Rising, United States Comments Off
