What was the name of our Mortgage Company??? - 08/30/08 10:08 PM
As the housing industry falls many of the mortgage brokers are jumping ship.  Now here is a mortgage company that the name should have warned you of where your loan was going... 
Diablo Funding Group Inc., the second-largest Bay Area mortgage firm a year ago, has gone out of business, according to press reports and other brokers. A year ago, the firm had almost 300 brokers arranging loans through Wells Fargo, SunTrust as well as Countrywide, now owned by Bank of America, and World Savings, which is now part of Wachovia.
… (2 comments)

Ed McMahon Avoids Foreclosure - 08/30/08 10:03 PM
     Ed McMahon, a television personality, has finally found a buyer for his six-bedroom home in Beverly Hills, CA which has been on the market for about two years. A spokesman for McMahon did not reveal the buyer's name, but said it was not Donald J. Trump, who had reportedly expressed interest in the home. Mr. McMahon had been facing a possible foreclosure after he defaulted on $4.8 million in mortgage loans from Countrywide Financial.  Wow... so at the last second he avoids foreclosure.
… (0 comments)

Indiana Sues Countrywide - 08/30/08 09:52 PM
      Adding another one on to the hit list is the state of Indiana.  Countrywide Financial Corp, is being accused for its mortgage lending practices which is now owned by Bank of America.  Countrywide was the largest U.S. mortgage lender before Bank of America bought it on July 1 for $2.5 billion.  The alleged deceptive and misleading practices that left borrowers with potentially risky and costly home loans is the accusation... gee go figure.
    The lawsuit against Countrywide was filed Monday and is at least the sixth state to sue Countrywide over its business practices, joining California, Connecticut, Florida, Illinois and … (10 comments)

Why a Short Sale? - 08/30/08 09:22 PM
     For borrowers that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation  
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Items a Short Sale Needs... - 08/30/08 09:18 PM
Call the LenderFind the person responsible for handling short sales. You do not want to talk to the "real estate short sale" or "work out" department, you want the supervisor's name, the name of the individual capable of making a decision.
Submit Letter of AuthorizationLenders typically do not want to disclose any of your personal information without written authorization to do so. If you are working with a real estate agent, closing agent, title company or lawyer, you will receive better cooperation if you write a letter to the lender giving the lender permission to talk with those specific interested parties … (2 comments)

Lehman trying to load off it's Loans... - 08/30/08 09:14 PM
     Lehman Brothers Holdings Inc. has settled on a structure that will allow it to offload billions of dollars in real-estate loans from its books.  While trying to offload their real-estate assets, Lehman is trying to sell its Neuberger Berman investment-management unit. Ideally, Lehman management would like to announce both transactions at the same time so it can assure investors that it has a bold plan to navigate its way out of the current credit crisis.  For the real-estate assets, Lehman has set up a so-called good bank/bad bank structure. Such a deal is likely to involve a spinoff of the … (3 comments)

Intergrity Bank of GA is another US bank that's down for the count... - 08/30/08 08:45 PM
      A Georgia bank this Friday became the 10th US bank to close its doors this year.  Integrity Bank of Alpharetta, GA fell to its knees by the very business it was built on... the real estate lending. Integrity Bank, which opened in November 2000, specialized in real estate lending in the Atlanta area with a self-described "faith-based culture." Throughout the early part of the decade, when the housing market was booming, Integrity grew into a billion-dollar, publicly traded company. But when the real estate market started faltering, the bank found itself in trouble.  Construction loans made up 76 percent of … (2 comments)

Bush's says Economy is starting to get better... - 08/30/08 12:43 PM
     Today President Bush said Americans may have cause this Labor Day weekend to start worrying less about the nation's as well as and their families' economic health.
"There have been some recent signs that our economy is beginning to improve," Bush said in his weekly radio address.
     A positive signs that Bush referenced was a report Thursday that the overall economy, as measured by the gross domestic product, rose by 3.3 percent in the April - June quarter. This surprised analysts and was a significant rebound from growth of just 0.9 percent in the first quarter of the year.
     Most credit … (4 comments)

Several High Paying Home Jobs - 08/29/08 08:39 AM

    There are several jobs out there that can be done in the comfort of your own home during these hard times.  It's easier to higher a contractor than to pay the overhead for a full time employee.  These jobs below usually need over 5 years of experience in the same field but don't necessarily need a degree...


Travel Agent
Salary: $32,122 Job Description: Plan and sell transportation and accommodations for travel agency customers. Determine destination, modes of transportation, travel dates, costs, and accommodations required.


Medical Claims Processor
Salary: $36,814 Job Description: Medical claims processing involves the encoding … (2 comments)

Makeovers for some Big Brand Names - 08/28/08 07:28 AM
     As the times change so will most service industries and major products.  These are some of the things when the sales charts show some long term drops and the main stream products start to go south.  The quick thing to do is reface your item and add more to your standard product.  These are some of the things that the big guns are doing for 2008...
Holiday InnHoliday Inn is in the process of a $1 billion makeover of its hotel locations as well as its logo. About 100 properties will leave the chain, while about 1,000 hotels will be added … (3 comments)

Orange County - California - SHORT SALE - 08/23/08 04:40 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Loan Modifications - 08/23/08 04:38 PM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
 
Our Services
     Lenders and servicers are very busy with desperate homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.
     … (0 comments)

California - Loan Modifications - 08/23/08 04:37 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

LOAN Can't REFI then MODIFI - 08/23/08 04:36 PM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
John (714) 369-4333
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 08/23/08 04:35 PM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

Orange County - California - Loan Modification - 08/23/08 04:35 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Loan Modification - OCWEN - 08/23/08 04:34 PM
If you can afford your home loan and OCWEN is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Loan Modification - IndyMac - 08/23/08 04:33 PM
If you can afford your home loan and IndyMac is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Homeowner is sentenced jail time for stripping home prior to sale date... - 08/19/08 08:36 AM
     Scott McCuskey, a 40 year old former mortgage broker in PA, gutted his $1.2 million home before it went up for sheriff's sale in 2006, and now he's going to jail for it.  According to The Herald newspaper:
"McCuskey admitted in court that he stripped the house of just about everything he could, including lights, window cranks, baseboards, ceiling and window trim even vent covers. He took closet shelving, cabinet doors and countertops, tub and shower fixtures. Toilets, sinks, vanities, carpeting. Locks and handles for the outside doors, garage doors, side doors and outside wall fixtures." And he also removed the … (32 comments)

States Rules to Help Homeowners and Reduce Foreclosure... - 08/18/08 08:08 PM
     Reported foreclosures in Maryland dropped from 6,052 in April to 2,351 in May which brought the state from sixth in foreclosures among all the states to 22nd for the month of May.  What the state of Maryland decided is to reduced foreclosure levels by changing the rules. Today if you're a lender and want to foreclose it simply takes longer to complete the process because the state of Maryland says it will take longer.
     Under legislation passed in April, the time required to foreclose was increased from 15 days to not less than 135 days and probably much longer. … (0 comments)

Wachovia Alters the Lending Field... - 08/18/08 07:54 PM
     Wachovia is an $800 billion dollar banking institution that puts them 4th on the charts.  Like Wachovia, many lenders have announced that it's getting out of the option-ARM business, Pick-A-Pay,mortgages. But to set a better standard for a step towards the better, Wachovia is making it easier for borrowers to leave the option ARMs by waiving the prepayment penalties.
"Effectively immediately," says the company, "Wachovia is waiving all prepayment fees associated with its Pick-A-Pay mortgage to allow customers complete flexibility in their home financing decisions. This includes all Pick-A-Pay mortgages on 1-4 unit residences. Additionally, for all new loan originations, Wachovia is … (2 comments)

San Diego - California - SHORT SALE - 08/16/08 07:37 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
 
… (0 comments)

Inland Empire - California - SHORT SALE - 08/16/08 07:35 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Los Angeles - California - SHORT SALE - 08/16/08 07:32 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County - California - SHORT SALE - 08/16/08 07:31 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
John - (714) 369-4333
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 08/16/08 07:30 PM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

Orange County - California - Loan Modification - 08/16/08 07:29 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Loan Modification - OCWEN - 08/16/08 07:28 PM
If you can afford your home loan and OCWEN is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Loan Modification - IndyMac - 08/16/08 07:28 PM
If you can afford your home loan and IndyMac is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Neighborhood Safety Via Web - 08/13/08 08:44 AM
The Neighborhood Watch (http://criminalsearches.com/neighborhood/default.aspx) feature lets you focus your search by address or ZIP code. You can also search by a person's name or specific home address, and there's a separate search with a detailed map of registered sex offenders.
PropertyShark.com offers a more current snapshot of crime, but in a limited number of cities. In some of the metro areas, such as Los Angeles, the site links to the police department's Web site, where users can generate neighborhood maps overlaid with crime data less than a week old. 
One newer site is CriminalSearches.com. Created by the folks behind PeopleFinders.com, the … (0 comments)

10 Jobs that are Evolving... - 08/13/08 08:32 AM
     Job security during the next 10 years may be having some difulculties so evolve with the times... here are several more secure job alternatives. While they'll have job openings to replace workers who leave the industry, the Bureau of Labor Statistics projects they'll have fewer and fewer of new jobs over time.
1. Inspectors, testers, sorters, samplers and weighersWhy it's endangered: Many companies now use self-monitoring production machines, which alert inspectors to flaws they would normally detect by hand.Salary:* $27,148Decline rate: **7 percentInstead: Try your hand as a different type of inspector: Agricultural, construction and building or transportation inspectors are all growing occupations.
… (0 comments)

LOAN MODIFICATION LAWYERS and Loan Modification Processors... Borrowers PLEASE ask Questions. - 08/05/08 12:38 AM
     There are legal services, in the South OC, CA region, that have asked for my services and still use them.  But there are many out there that took my paperwork and some of my methods seeing that they have never practiced Real Estate law and know as much information as a starting Realtor.  Actually, some of the best Realtors out there know just as much or even more than any lawyer in the real estate field.  Weird to say but these are some of the realities homeowners are facing.  Ads are being published online to bad mouth processors and other in the field but if you went to their firm place, … (0 comments)

Loan Modifications - 08/03/08 01:54 AM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
 
Services
     Lenders and servicers are very busy with desperate homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.
     Many … (0 comments)

Inland Empire - California - SHORT SALE - 08/03/08 01:50 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

San Bernardino - California - SHORT SALE - 08/03/08 01:49 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Riverside - California - SHORT SALE - 08/03/08 01:48 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Los Angeles - California - SHORT SALE - 08/03/08 01:46 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County - California - SHORT SALE - 08/03/08 01:45 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Loan Modifications - 08/03/08 01:43 AM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
 
Our Services
     Lenders and servicers are very busy with desperate homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.
     … (0 comments)

California - Loan Modifications - 08/03/08 01:42 AM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

LOAN Can't REFI then MODIFI with a Loan Modification - 08/03/08 01:40 AM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
John Kim - Loan Modification Specialist
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 08/03/08 01:39 AM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

Orange County - California - Loan Modification - 08/02/08 05:22 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (1 comments)

Loan Modification - OCWEN - 08/02/08 05:21 PM
If you can afford your home loan and OCWEN is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Let's Look at the Recently Failed Banks - 08/02/08 04:28 PM
So the recent hight profiled banks are facing hard times these days as reported by the FDIC.
First Heritage BankOn July 25 2008, First Heritage Bank N.A., Newport Beach, CA
First National Bank of NevadaOn July 25, 2008, First National Bank of Nevada, Reno, NV
IndyMac BankOn July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA
First Integrity BankOn May 30, 2008, First Integrity Bank NA, Staples, MN
ANB National BankOn May 9, 2008, ANB Financial, NA, Bentonville, AR
Hume BankOn March 7, 2008, Hume Bank, Hume, MO
Douglass National BankOn January 25, 2008, Douglass National Bank, Kansas City, MO
Miami Valley BankOn … (4 comments)

Things That Your Bank Won't Tell You... - 08/02/08 04:15 PM
"Our branches are there to sell you, not serve you."
In the late 1990s bank branches were considered outmoded relics soon to be replaced by ATMs and Internet banking. But just the opposite happened: In 1998 there were 89,000 bank branches in the U.S.; by 2007 there were 97,000. Why? The industry realized consumer banking was profitable and that despite the predictions of Silicon Valley wonks, the main criterion consumers use in choosing a bank is proximity, says SNL Financial analyst Jennifer Payne. 
But branches aren't just about convenience; they're a bank's primary sales floor. Brochures for services as varied as … (5 comments)

The Housing Resue Bill... is it for you??? - 08/02/08 04:07 PM
     So the House passes a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and support Fannie Mae and Freddie Mac.  Now thousands of at risk borrowers will be able to refinance their unaffordable old mortgages into new, low-cost fixed-rate loans insured by the Federal Housing Administration.  The Congressional Budget Office estimates that 400,000 borrowers with $68 billion in loans may benefit from the program but the bill allows for as many as one or two million borrowers to participate in the program. So who's eligible? Qualified borrowers must live in their homes and have loans that were issued … (2 comments)

Do Airlines have to Rebook You??? Airline Rule 240... Does it really exist? - 08/02/08 01:26 AM
     What is the regulation called "Rule 240" used to require an airline to rebook you on another carrier when it canceled your flight.
     What is, or was, Rule 240? Back in the days when airlines were regulated by a government agency, they all had to abide by some sensible rules to protect passengers in case of a cancellation or misconnection that was within the airline's control among other things. These rules were incorporated in the airlines' contracts of carriage.  After the deregulation of the U.S. airline industry in 1978, these rules no longer had to be followed. However, some airlines … (0 comments)

 
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John Kim

Irvine, CA

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Short Sale TC

Address: Irvine, CA, 92618

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Short Sale Processing Service that will help any person that is interested in closing a successful short sale.


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