Banks/Money Managment
- Thread starter longarmwj
- Start date
OverlanderJK
Resident Smartass
Where are the large companies/banks that can come buy my house?
WJCO
Meme King
Wells Fargo tells customers it’s shuttering all personal lines of credit
Wells Fargo CEO Charles Scharf has been forced to make hard decisions during the pandemic, offloading assets and deposits and stepping back from some products.
www.cnbc.com
HighwayTrout
Hooked
Wells Fargo tells customers it’s shuttering all personal lines of credit
Wells Fargo CEO Charles Scharf has been forced to make hard decisions during the pandemic, offloading assets and deposits and stepping back from some products.
Good. One less junk mail offer.
WJCO
Meme King
Freddie Mac launches new home renovation mortgage, here's how to get one | Fox Business
Freddie Mac introduced its new home renovation product that will combine with mortgage purchases or refinances. Here's how to get one and other home improvement loan options.
www.foxbusiness.com
OverlanderJK
Resident Smartass
Nothing like a 40+ year mortgage. MericaFreddie Mac launches new home renovation mortgage, here's how to get one | Fox Business
Freddie Mac introduced its new home renovation product that will combine with mortgage purchases or refinances. Here's how to get one and other home improvement loan options.
HighwayTrout
Hooked
Freddie Mac launches new home renovation mortgage, here's how to get one | Fox Business
Freddie Mac introduced its new home renovation product that will combine with mortgage purchases or refinances. Here's how to get one and other home improvement loan options.
Elroy231
Active Member
Nice to watch a real estate agent tell the truth. So often they can become used car salesmen.
I've been payin attention to the evergande situation. I won't pretend that I know all about it. I know enough to be concerned by how it effects the global market. The shit show did not end in 2020, unfortunately.
WJCO
Meme King
Think Everything’s Expensive Now? Get Ready for What’s Next
Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker WD-40 Co. warned this week as they grapple with supply difficulties.
www.bloomberg.com
WJCO
Meme King
Walmart has reportedly cut 200 jobs from its Bentonville, Arkansas, headquarters
The Wall Street Journal reported that the Bentonville, Arkansas-based retailer has laid off around 200 corporate workers.
www.businessinsider.com
GEICO abruptly closes offices across California
According to the California Department of Insurance, GEICO closed all of its brick and mortar stores and continues to sell insurance policies online
www.abc10.com
jeeeep
Hooked
commifornia forcing all business out, they will soon be setting up government owned replacements
Walmart has reportedly cut 200 jobs from its Bentonville, Arkansas, headquarters
The Wall Street Journal reported that the Bentonville, Arkansas-based retailer has laid off around 200 corporate workers.
GEICO abruptly closes offices across California
According to the California Department of Insurance, GEICO closed all of its brick and mortar stores and continues to sell insurance policies online
WJCO
Meme King
Landlords Face a $1.5 Trillion Bill for Interest Only Commercial Mortgages
Commercial Real Estate BustA trend to walking away from commercial mortgages is just beginning. The Wall Street Journal reports Interest-Only Loans Helped Commercial Property Boom. Now They’re Comi…
mishtalk.com
jeeeep
Hooked
they keep gambling with the same crystal ball hoping for a different outcome, "Interest rates would stay low forever", "Property values, already clearly in a bubble, would keep rising forever"Landlords Face a $1.5 Trillion Bill for Interest Only Commercial Mortgages
Commercial Real Estate BustA trend to walking away from commercial mortgages is just beginning. The Wall Street Journal reports Interest-Only Loans Helped Commercial Property Boom. Now They’re Comi…
Before the subprime mortgage and housing crash, financial company told us we could qualify for far more than I felt comfortable with and used similar bullshit lines "it's interest only, your payment will stay low and when the mortgage comes due your income will have increased substantially, rates will stay steady for years, your home value will continue to increase well above what you're borrowing, your property taxes will drop as soon as they pass the current legislation" then the mortgage crisis hit and nothing went down except home values.
Several friends who bought into the bullshit had interest only loans, they walked away from their homes.
Every time I heard "your ...will..." I asked them to put it in the contract and how they would guarantee the outcome if their crystal ball failed to produce, they hated that. lol
WJCO
Meme King
I remember back around 2007. I just had this weird feeling like Neo from the matrix. Something wasn't right and I just couldn't put my finger on it. I looked around at culture and everything and everyone was living this great perfect dream but there was no realistic substance to it. I remember asking myself 'How is this working?' Shortly after was the crash. And the system (matrix) didn't fix shit. Here we are 15 years later. And it's worse. Nothing fixed. We are living in the making of history right now. It takes a mid six figure income right now for a basic family to afford an average home in most of America. And this is just the residential part.