In order to qualify for either option, the homeowner needs to know that full qualification will be needed to ensure the borrower can meet the new payment. This will include supplying full income documentation and disclosure of assets. They will also be required to provide documentation proving the property is a primary residence. This can [...]
Entries from March 2009
Financial Stability What’s Needed to Qualify for Either Program?
March 16th, 2009 · No Comments
Tags: BUSINESS · CONSUMER · CULTURE · FINANCIAL
What if I Still Can’t Refinance?
March 16th, 2009 · No Comments
What if I Still Can’t Refinance?
The final part of the HASP legislation involves assisting homeowners that will not be able to refinance but are still experiencing financial difficulty. For these borrowers, a loan modification may be warranted and it is expected that 3 to 4 million people may be able to get assistance.
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Tags: BUSINESS · CONSUMER · FINANCIAL
Great Rates + Declining Values = No Refi for You. Maybe Not.
March 15th, 2009 · No Comments
Great Rates + Declining Values = No Refi for You. Maybe Not.
While interest rates have been at levels not seen in generations, not everyone has been able to benefit. As home values have come down across the country millions of homeowners have been unable to refinance.
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Tags: BUSINESS · CONSUMER · FINANCIAL
Homeowner Affordability and Stability Plan Playbook
March 15th, 2009 · No Comments
Who wins from this plan? Every homeowner stands to benefit if the plan delivers on its objective, whether they currently have a mortgage or not. Simply stated, the bill targets the root of the problem, a homeowner’s monthly housing obligation. This will be accomplished through allowing more people to refinance into lower interest rates or [...]
Tags: BUSINESS · CONSUMER · FINANCIAL
Calling All First-Time Home Buyers!
March 15th, 2009 · No Comments
Calling All First-Time Home Buyers!
The number of first time buyers has increased each year since 2006, rising from 36% to 41% last year according to the National Association of Realtors. As home prices have fallen significantly since “the peak” and interest rates are near all time lows, for many, there has never been a [...]
Tags: BUSINESS · CONSUMER · FINANCIAL
Affordability, Stability, and Incentives Legislation Unveiled
March 15th, 2009 · No Comments
As goes housing, so goes the economy. To combat housing’s recent decline and the impact on consumers and Wall Street alike, the Obama Administration recently released the details of the Homeowner Affordability and Stability Plan (HASP). Whether you own a home or not, the impact of the plan will affect you. In this month’s YOU [...]
Chest Back 60% Periodization workout 030109
March 1st, 2009 · No Comments
Sunday Chest Back 60% Periodization workout 030109
Sunday Meals
10:00 am: Egg sandwich, 16 oz water
2:00 pm: preworkout: 25gm protein drink, 1-banana, 16 oz water
5:00 pm: chicken, veges, sweet potatoe, 16 oz water
60% Workout (15 Reps per set)
Key: Sets X Reps; ssw/=Superset-with
Treadmill: 20-minutes, 3.5 Incline | 3.5 mph
Hammer Strength Chest ssw/ Back pulldowns: 4 X 12
Chest PecDeck [...]
Tags: WELLNESS