mma: Money Merge Accounts: More Misleading Information - 05/20/09 10:12 AM
It is hard to believe that I have been talking about these programs for more than two years now, bringing to light the misleading, even false, information presented by the Money Merge Account sellers. Don’t get me wrong, these bits of misinformation spread out on occasion to other mortgage acceleration product … (3 comments)
mma: Your Mortgage: Liability or Asset? - 01/30/09 05:40 PM
Most of you reading this would answer the above question quickly and label your mortgage as a liability. After all, it is a debt, isn't it? But if there was more to it than that, or even if your mortgage could become one of your greatest assets. You may think I … (2 comments)
mma: Money Merge Accounts: Abusing Einstein’s Quotes - 01/28/09 09:27 AM
I have seen this repeatedly in marketing materials from United First Financial (UFirst Financial/UFF) and their agents, another example of the misleading material provided to sell their product, the Money Merge account (MMA). Throughout the history of this company, they have provided nothing but false and/or misleading statements into their advertisements, … (38 comments)
mma: It is With Great Sadness That I am Writing This - 09/17/08 08:21 AM
If you have been reading the Florida Mortgage Report for a while, you undoubtedly have read some of the posts about home equity and how easily it can be wiped out in a disaster. Every year as hurricane season approaches, I inform readers to make sure their home equity is prepared … (3 comments)
mma: Mortgage Acceleration: Is the Latest Fad Right for You? - 04/19/08 01:37 PM
Many of you know that I contribute over at Agent Genius, and that is what this particular post is about. I added a post with the above title over at AG and rather than repeating the same content, I decided to just inform you about it and supply this link. Take … (5 comments)
mma: Money Merge Accounts: My Sincerest Apologies to Those With MMAs - 01/15/08 10:24 AM
I have some regret that I have to admit to about these programs. I feel like I failed consumers by allowing them to be misled for far too long. The truth of the matter is that I have done some more calculations, many of which I should have done back before … (19 comments)
mma: This is a "Be Careful What You Wish For" Post - 12/04/07 09:37 PM
Recently, I began asking for more testimonials, something I usually do not do as I would like to think I would receive them when my services warranted. Then I read something, somewhere that showed statistically that if you do not ask, you will not receive. Well, being the numbers kind of … (9 comments)
mma: Really Simple Currency Investing Creates More US Money - 11/29/07 11:17 AM
Ok, as promised, here is what would have happened with your $10,000 investment when converted back to today's USD during the same time as my previous post's housing comparison. For a quick overview, this chart is based on you simply converting $10,000 USD to another currency and switching it back to … (6 comments)
mma: Would You Rather Spend $6 to Save $4 or Spend $4 to Earn $6? - 11/28/07 01:57 PM
When you look at these numbers, it doesn't seem to really matter, does it? After all it is only a difference of a couple of dollars. Yet, look closer and you will see that in the first scenario you are losing $2 while in the second scenario you are gaining $2. … (5 comments)
mma: Equity Harvesting, Money Merge Accounts and the Benefits of Using Both - 08/30/07 12:56 PM
Yes, you heard me right, utilizing both as strategic tools can provide major benefits. I am not talking about using the MMA software per se, but rather the special HELOCS allowing you to use them as a checking account to provide interest cancellation. This strategy is not for everyone, but may … (40 comments)
mma: Money Merge Accounts: Are You Dealing With a Professional? - 08/07/07 08:35 PM
OK, I was not going to post anything tonight as I need to get some sleep, but this just had me cracking up. Many of you know that I like this type of product (not a big fan of the seller of the Money Merge Account itself, rather utilizing similar products). … (11 comments)
mma: How to Borrow Money at 4.875% and Fairly Conservatively Earn up to 12.0% - 07/27/07 11:35 PM
Opponents of proper equity management, as well as those who push mortgage acceleration programs, argue about the ability to earn even 6% tax-free in conservative investments. I will show you how spreading your horizons and investing in CDs based on World Currencies can do that and more, with fairly little risk … (13 comments)
mma: The Asher Institute Report: Fact, Fiction, or Distorted Reality? - 07/23/07 11:43 AM
Many of you may have heard about the report titled "Profiting from the Banking Industry's Biggest Secret" released by the Asher Institute for Consumers. If you have, hopefully you saw through some of the so-called facts portrayed in this report and did not succumb to its fallacies. This report provides an ingenious … (8 comments)
mma: Money Merge Accounts: Are They Really Worth It (Another Case) - 07/19/07 04:14 PM
A UFF agent placed the following scenario of a client he was putting into a Money Merge Account on one of my blog posts... The client had just closed on a $244,000 mortgage at 6.875% Fixed for 30 years, which creates a $1,602.91 monthly payment since it is fully amortizing. I wish … (17 comments)
mma: When Ben Stein Speaks, People, Well They Probably Should Listen - 07/14/07 09:44 AM
Chances are you know who Ben Stein is, but in case you don't..."Bueller...Bueller". That's right, he played the Economics Teacher in Ferris Bueller's Day off. He also ran a game show on Comedy Central called "Win Ben Stein's Money". You may remember these shows, but his background goes much deeper than just … (10 comments)
mma: Mortgage Interest Tax Deductibility - How to Exceed the $1.1M Limitation - 06/25/07 03:14 PM
Let me start off by saying I am not a tax advisor, I am a Certified Mortgage Planning Specialist and that this post, like others is based on my level of knowledge and expertise and may or may not apply to your specific situation. This is derived from tax codes and … (2 comments)
mma: WARNING: Category 5 Hurricane Approaching Florida (What if?) - 06/25/07 12:56 PM
As most readers of my blog posts know, I am a different kind of mortgage professional. I employ a wide variety of strategies to help Florida families build their wealth over time. One of the ways I differ from most others is that I talk a lot about how a hurricane, … (4 comments)
mma: Money Merge Accounts Vs Equity Harvesting: Harvesting Wins by Over $1.5M - 05/16/07 10:14 AM
This is actually another look at the whole Money Merge Account, Mortgage Acceleration post I did a while ago that spawned a lot of debate. Click the link below to see that post if you have not already read it. Money Merge Accounts: Are They Really the Best Thing for You? Now … (43 comments)
mma: Money Merge Accounts: Are They Really the Best Thing for You? - 02/21/07 09:37 AM
This revolutionary product is a good product for some, but the reality is that it may prove more costly to you over time. Money Merge Accounts, or whatever else companies would like to call them, are good loan products for certain families. However, if you are a disciplined family and want increased … (144 comments)
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It is hard to believe that I have been talking about these programs for more than two years now, bringing to light the misleading, even false, information presented by the Money Merge Account sellers. Don’t get me wrong, these bits of misinformation spread out on occasion to other mortgage acceleration product … (3 comments)
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