Real estate blog entries tagged with your myrtle beach real estate by Mirela Monte, Your Myrtle Beach Real Estate Connection

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Home : Blogs : Myrtle Beach Real Estate by Mirela Monte : Myrtle Beach Real Estate by Mirela Monte : Tag "your myrtle beach real estate"

your myrtle beach real estate: Lenders Beware: Here is A New Rule That Could End Your Career - 09/22/09 09:48 PM

The Federal Reserve has a new Truth in Lending Proposal which limits the Lender’s ability to earn yield spread premium (that means making money off banks). This will reduce a lender’s ability for a no fee loan and eliminate competition for competitive pricing, which could wipe out some lenders. In the end, the consumers will end up paying for it… R-1366 is going through a comment period. That means that any concerned citizen could voice his opinion. To date there are only 300 comments. A rule that could end your career is sadly being ignored. Here … (7 comments)

your myrtle beach real estate: Cliffs Notes on The Banking and Housing Debacle on Video: REMARKABLE! - 03/09/09 08:03 PM

This eye opening video should be watched by everyone in our industry. This documentary is an amazing analysis of our banking and housing debacle. You absolutely have to watch this! Please click on the link below to watch it! http://www.pbs.org/wgbh/pages/frontline/meltdown/view/ You will learn the following terms, which I predict will no doubt become mainstream within the next few years: "Toxic mortgage contagion" "Credit default swaps" = mysterious instruments that only financial wizards could understand. "Systemic risk"
"Moral Hazard"
"Capital Injections"
"Toxic Assets" Please come back after watching it and … (3 comments)

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