crisis loan

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A Liberal with no experience, or a Conservative who helped cause the Savings & Loan crisis in the 80s & 90s?0Livie2012-11-06 08:53:04
Are these really the two best candidates America can come up with?[View Answers]
Can i get a mortgage/loan in US bank to purchase a house in Mexico?1Aneta2012-11-06 07:39:02
First fact: my family is mexican and we live in Mexico. For the past years i have noticed the mortgage rates in the US are really low, even after the financial crisis 5%. In Mexico the rates are simply insane, they start at 15% and can go up to 20s/30s. So since your rates are way better up there in the USA... can I get a loan/mortgage there and use that money to purchase a house on this side of the border? *My household makes several times more a month the estimated monthly payment, so what do you guys think?[View Answers]
I get 0Whispering if the dependency 2012-11-06 07:27:49
I recently lost my job and this is all im entitled to. When i ask for crisis loan they tell me it not a crisis im behind on my rent as i had to move after my old house got broke into so it left me short. but what else can i do to get money, Ive tried lookin for job but at moment it not possible. I applied for job last week and 154 other people also applied so i am trying. Please help.[View Answers]
Is our nations debt really a "manufactured crisis"?0Georgette2012-11-06 04:12:03
$14.6 trillion or there about in debt and barely able to cover the interest on the loans and YA member give this as an answer. Is he right? "I am so sick of the blame Democrats game. What is happening right now is that senior citizens, like me, all over this nation are seeing our retirement savings vanish because of the stock market lack of confidence. We know that this was a manufactured crisis by the tea party to try to push their ideology. Well you have succeeded in harming thousands of Americans, and governments all over the world know that the responsibility rests squarely on the tea party for their fiasco that made America look completely broken. Congratulationhs, you have harmed the entire country to get your way. But remember that senior citizens vote. And we know who is responsible for this mess. 1 minute ago"[View Answers]
Have the new bankruptcy laws banks lobbied heavily for contributed to the credit/mortgage crisis?0ilenia2012-11-06 02:59:22
Washington Mutual Inc. got what it wanted in 2005: a revised bankruptcy code that no longer lets people walk away from credit card bills. The largest US savings and loan didn't count on a housing recession. The new bankruptcy laws are helping drive foreclosures to a record as homeowners default on mortgages and struggle to pay credit card debts that might have been wiped out under the old code, said Jay Westbrook, a professor of business law at the University of Texas Law School in Austin and a former adviser to the International Monetary Fund and the World Bank. http://www.boston.com/business/personalf[View Answers]
Question about the start of the finanical crisis or the root of the problem?0Com1562012-11-06 02:46:37
I need help finding research on what the exact issue was that kick started the massive economic fallout in America. People believe that it all started with the housing markets and banking/loans. Is that true and if so where can I find the best information online for those answers. If you don't think it started with that then what do you think? And lastly, can you provide me with the best links to areas with info on how the slumping housing market started, what caused it and how it affected the entire economic crash? This would be very beneficial to me in so many ways if you could please help me out, thank you.[View Answers]
Im applying for a crisis loan from the social fund, any ideas as to what they regard as a crisis ?0sreedharan2012-11-06 01:38:10
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Could the sub prime loan crisis have been averted or lessened if congress had listened to Bush and McCain?0Jahn2012-11-06 00:05:02
Why did Dems block Bush's proposed oversight of Frannie and Freddie in 2003? Bush suggested this in 2003. Under the plan, disclosed at a Congressional hearing in 2003, a new agency would have been created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry. But the Democrats said: ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts the ranking Democrat on the Financial Services Committee in 2003. http://query.nytimes.com/gst/fullpage.ht[View Answers]
Can anyone tell me how to stop the celtic fans applying for crisis loans so they can follow their team abroad?0chevanese2012-11-05 23:46:41
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Is it true that mortgage lenders specifically targeted black families in order to make a quick buck?0A Tale of Two Cities2012-11-05 19:43:19
A recent report indicated that black families who bought homes within the last 3-4 years were hit the hardest by this mortgage cash due to predactory lenders. How do people live with themselves knowing they played an active role in mortgage crisis by putting raw meat in front of a hungry lion? These lender know that 95% the people being approved for loans wouldn't be able stay in those and homes after a short-time, and yet they still pushed forward. Shame on these corporation and those Fat Cat's.[View Answers]
Did the great depression and 2008 financial crisis have similar causes?0anem2012-11-05 18:39:55
From what i know, the 2008 financial crisis was mostly caused by people taking loans they couldnt pay back particularly those for houses. Then the great depression was caused by the lack of trade between nations, i THINK not sure.[View Answers]
What do you think about the Greek financial crisis?0MATHLETE2012-11-05 16:44:12
Just to put some ideas out there: Its Greece's fault because: Social Welfare was too corrupt Overpayed politicians (Greek president gets 25k euros, about 32k dollars a montha lol) Ignored mass tax evasion by the wealthy Its NOT Greece's fault because: The EU loans money to greece at a higher interest than it loans to germany in a union where all powers are treated equally Germany bribed greek officials to make a sale of non-functioning submarines for hundreads of millions of euros and then blamed greece for over spending has not given compensations for WW2 to greece (although it did not ask for it) Did not answer for the Siemens scandal, which cost tax payers hndreads of millions[View Answers]
Macroeconomics homework help!!!!!?0Seymour2012-11-05 15:59:39
I need some help. If anyone knows these answers PLEASEEEEEE answer, even if it's only one. Thank you :) What are the three tools that the Federal Reserve has at its disposal to influence money supply? Explain how each of these tools works AND how the each of these actions will hopefully increase the creation of money. Be sure to explain how money is created as part of your explanation. Explain how it is possible for the Federal Reserve to attempt to increase the money supply and yet the money supply could remain unchanged or even be reduced. Suppose the government decides to increase spending paid for by increased borrowing. After the government action, we observe interest rates rising. Why did this occur? 1) Under what circumstance will the government spending cause private sector investment to decrease and cause no change in aggregate demand. Graph this situation on the loanable funds graph. 2) Under what circumstance will the government spending cause private sector investment to actually increase. Graph this situation on a separate loanable funds graph. 3) In this latter case, what caused private sector investment to increase? 4) Why did the firms invest after the government spending but not before it? Suppose consumer spending is reduced. In the Classical view of the economy, national output will stay the same and only how the money is spent will change. Why? Explain using the flow of goods diagram. Suppose interest rates are 8% in the market and at this interest rate $100 billion worth of investment takes place. Now suppose interest rates fall to 6% and $140 billion worth of investments take place. Explain in terms of rate of return why more investment took place at the lower interest rate. Obviously, more investment now takes place, why didn[View Answers]
Crisis: US banks cut Japanese in 80s by reducing leverage from 24:1 to 7:1. Why not just increase leverage?0nette282012-11-05 15:07:35
Japan went into a deep recession in the 1980s partly because their banks had to reduce their leverage and so they needed to raise more capital and so they had so much in bad debt that they had little capital and the would not clean the bad loans out. Today, these bad loans can be absorbed in 2 ways at least. One is for the government to buy the loans. This is the Paulson approach. The other is just to reduce the capital requirements and provide a government guarantee, which will not have any cost in terms of public accounts. It is true that this would break the USA out of the requirements of the Swiss based Bank for International Settlements, but the whole capital restriction game was merely imposed to stop the Japanese banks competing in the West, because of high Japanese savings rates implying cheap access to leverage. This was so Western bankers could make more money. Because the Japanese stock market was much less strong than in the West. Who cares? Only people at the Fed and Treasury who do not want to be embarrassed internationally, but why should US taxpayers spend billions to save their faces. They should have done better. The Europeans and the Japanese would roll over on these requirements, with enough US pressure. Even the Russians are in pain at the moment.[View Answers]
Don't people see that we as a nation are going to make it through these rough times in America?0chiquita2012-11-05 14:17:46
America has made it through some rough hard times. We have made it through World War I, World War II, the Great Depression, the oil crisis in the 1970's, the savings and loan crisis in the 1980s ... and we'll make it through the Obama crisis that is going on now. Obama is trying his best to destroy this nation. We can see this of how the Dow Jones reacts to his bills and policies. I believe we'll make it through these hard times with what Obama is trying to do to our nation. You know why? ... because America won't let it happen. We as a nation have fought long and hard throughout history to prevent this nation from being taken over from socialists, communists, etc. With Obama's radical and extreme policies ... we will make it through this Obama crisis that is going on. Just as how America has gotten through the Great Depression, World War II, and so on. I truly believe that America will prevent this man from ruining our nation.[View Answers]
I figured out what the subprime mortgage crisis purpose is...what do you think?0Kaiya2012-11-05 12:00:14
Starting with Carter's "Community Reinvestment Act" on to Obama suing Citicorp for the Congressional Black Caucus to force them to make loans to unqualified buyers... The whole agenda was to make taxpayers buy homes for people who otherwise could never afford them........ The plan was after people who could not repay their loans defaulted and foreclosures began, that would be used as a sympathy issue and more bailouts would be called for (or it would be "cruel"). Now 40% of those who were offered refis to prevent foreclosures, defaulted yet again! There were 1 MILLION foreclosures. If an average house costs $200,000, WHY DIDN'T WE JUST BUY A MILLION HOUSES AT $200BILLION INSTEAD OF BAILING OUT THE BANKS AT $700BILLION? Aren't we just being royally screwed?[View Answers]
Seriously, are Democrats still blaming Bush?0kizi2012-11-05 11:35:14
The day the democrats took over was not January 22nd 2009, it was actually January 3rd 2007 the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995. For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this: January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time: The DOW Jones closed at 12,621.77 The GDP for the previous quarter was 3.5% The Unemployment rate was 4.6% George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH Remember the day... January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee. The economic meltdown that happened 15 months later was in what part of the economy? BANKING AND FINANCIAL SERVICES! Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES! Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy. And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA And who fought against reform of Fannie and Freddie? OBAMA and the Democrat Congress So when someone tries to blame Bush... REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!" Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democrat Party. Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 &2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets. And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009. If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since[View Answers]
What does the dollar amount of credit derivatives mean?0L.A.M.B2012-11-05 08:31:37
Currently there is ~$735T in credit derivatives according to the us debt clock. What does this number signify and what is its involvement in money supply? Please be clear and concise.[View Answers]
Need a manga / anime to watch / read?0mark142012-11-05 06:39:18
I asked this a lot of times ,but I never any good answer so here's the list of anime / manga i watched/read. Should i even bother reading Basara ? - I wanna watch some historical romance or something REALLY GOOD WITH ROMANCE - I love yaoi , im to lazy to list the yaoi manga / anime i'v seen - i'm open minded in watching manga / anime All I like/love MANGA Private Prince - I will read this one Juuoku Shoujo - I like it Xue Lian - I like it Pureblood Vampire - I like it Hapi Mari - I love it Skip Beat - I like it , but the romance it soooooooooooooooooooooooo slow Sarasah - I love it but i can only find chapters 1 - 4 , do you know anywhere i can find some more ?! Hadashi de Bara wo fume - I love it OIRAN GIRL - I like it Ryou - I like it , do you know any website where i can read chapter 63 + Knight Princess - I like it , do you know any website where i can read chapter 19 + Chun Hyang Bi Hwa - I like Migawari Hakushaku no Bouken - Kyou Koi wo Hajimemasu - Shinobi Life - I like it , do you know any website where i can read chapter 45 + The Queen's Knight - First Girl Manga - Happy Trouble Wedding - Midnight Sectary - Red River - New Sexy Simpleton - Hapi Mari - Fushigi Yuugi: Genbu Kaiden Tail of the Moon The Queen's Knight - Crazy Girl Shin Bia ANIME Hell Girl - Uta no Prince-sama [View Answers]
I'm 22 years old and feel like I'm ready for a mid life crisis :(?0Jodan2012-11-05 04:19:18
I have been working for my dad for 4 years now, we are in the mortgage and real estate business, I took a few months off earlier this year because we switched companies and things were slow so I worked a part time job then. I go to community college part time, but now that I have been back working for my dad again the mortgage business is not the same as it was, lenders are closing left and right and it's harder to approve someone for a mortgage. I work on 100% commission and am starting to reconsider doing loans for my career, I did GREAT the past few years because anyone and everyone could get a loan. Now I don't know what to do because our office has down sized and it is only my family working in the office, I am the one that is here all day, but I don't get paid unless I close loans and the few I have going I"m praying will close. I would like to just go back to school full time next semester, but my dad has a lease on the office until June, I feel stuck, I dont know what to do[View Answers]

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