GA Mortgage » mortgage

OMG!!! Inside Bank of America DOES NOT accept DOLLARS as payment on mortgages in USA

admin — Mon, 06 Feb 2012 02:40:06 +0000

THE LAW STATES:
§ 3-603. TENDER OF PAYMENT.
• (b) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender, of the obligation of an indorser or accommodation party having a right of recourse with respect to the obligation to which the tender relates.

Basically, the bank just gave him his house!
cont..
WTF??? Part 2 3 4 below… COPS get called even OMG!!!!

Origin: rpsomerton on Feb 3, 2012 And rest of his VIDS:

2- http://www.youtube.com/watch?v=RD6PHb1LOCA&context=C385a5d7ADOEgsToPDskKFgMpVzWazoxpPoFnwVaJo

3- http://www.youtube.com/watch?v=WHg6j7-yTOs&context=C352cb5eADOEgsToPDskIJViJrGQeRqXxXvyZCDEqy

4- http://www.youtube.com/watch?v=GH3U6dSvj38&context=C39d3a61ADOEgsToPDskJfQT9LEF5oFADbSkI31yfg

Thanks to: larrabeeg on Feb 4, 2012
For bringing this to our attention!
SOURCE: rpsomerton on Feb 3, 2012

Feb 3 2012 Bank of America Lakeport, Ca. I attempted to make a cash payment on our mortgage, the manager refused to take the cash saying it was against bank policy.

I was shocked, had no idea this would happen, since when does a bank not accept cash… Right! When I protested, the manager called the Lakeport poilce dept. After being detained for about 1/2 hour and nearly arrested for shooting video inside the bank the cops decided to let me go.

The BofA manager made a complaint against me and had the cops inform me that I am “no longer welcome inside the Lakeport branch of Bank of America.” Also that if I “ever attempted to enter the branch again I WILL be arrested!”
So apparently Bank of America DOES NOT accept American cash dollars as a form of payment on mortgages in AMERICA!

PROTEST & YOU WILL BE ARRESTED!

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Brief Overview of Congressman Paul’s Record:

He has never voted to raise taxes.
He has never voted for an unbalanced budget.
He has never voted for a federal restriction on gun ownership.
He has never voted to raise congressional pay.
He has never taken a government-paid junket.
He has never voted to increase the power of the executive branch.

He voted against the Patriot Act.
He voted against regulating the Internet.
He voted against the Iraq war.

He does not participate in the lucrative congressional pension program.
He returns a portion of his annual congressional office budget to the U.S. treasury every year.

Congressman Paul introduces numerous pieces of substantive legislation each year, probably more than any single member of Congress.

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Duration : 0:0:49

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Obama Bids to Expand Mortgage Relief

admin — Fri, 03 Feb 2012 18:11:41 +0000

Aiming to lift a major drag on the economy, President Obama is launching a new assault on the foreclosure crisis that aims to help struggling homeowners refinance. (Feb. 1)

Duration : 0:2:34

Technorati Tags: obama_housing

Mortgage lenders agree to pay $25B

admin — Wed, 01 Feb 2012 04:44:04 +0000

WSJ’s Steve Moore weighs in

Duration : 0:3:24

Delaware Mortgage Rate Weekly Update for January 23 2012.mp4

admin — Fri, 27 Jan 2012 09:44:45 +0000

Delaware Mortgage Rates – http://www.DelawareMortgageLoans.net – John R. Thomas of Primary Residential Mortgage provides weekly Delaware mortgage rates update and provides information on Delaware mortgage loans and home buyer programs. Call 302-703-0727 for a free mortgage planning appointment.

Duration : 0:4:1

Technorati Tags: Delaware Home Loans, Delaware mortgage broker, Delaware mortgage company, Delaware mortgage loans, Delaware Mortgage Rates, Delaware mortgages, John R. Thomas, Primary Residential Mortgage

What is a mortgage loan modification?

admin — Wed, 25 Jan 2012 02:50:23 +0000

http://www.nddproperties.tv A Mortgage Loan modifications generally aim to achieve a specific goal: create a payment that’s affordable for the borrower. Most borrowers have the mindset that the process is long, difficult and lenders are not motivated or open to modifying a loan because it is easier for them to initiate foreclosure.

Duration : 0:2:57

Technorati Tags: Foreclosure, Loan Modification, mortgage

Blitz Says Tighter Mortgage Lending Is Hurting Housing

admin — Sun, 22 Jan 2012 16:38:25 +0000

Jan. 20 (Bloomberg) — Steven Blitz, an economist at ITG Investment Research, Daniel Alpert, managing director at Westwood Capital LLC, and Stephen Wood, chief market strategist at Russell Investments, talk about the U.S. housing market, increased lending standards at banks and the European sovereign debt crisis.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

Duration : 0:15:50

Technorati Tags: All, Audio, Banking, banks, Blitz, Bloomberg, Bond, bonds, Builders, central, construction, credit, crisis, Crunch, economic, Engineering, English, Europe, Federal, financial, Government, Greece, home, housing, Hurting, is, lending, market, Media, mortgage, Multimedia, News, Reserve, Says, Services, Tighter, Video, Visual

Debt and Mortgages

admin — Fri, 20 Jan 2012 09:12:41 +0000

Mark Carney is voicing concerns about household debt. So why keep interest rates so low? And what about all those tempting low mortgage rates? Should Canadians be taking advantage of them? Havard Gould and Amanda Lang explain.

Duration : 0:3:28

Technorati Tags: 011812, debtrising, gould

Delaware Mortgage Rate Update January 16 2012.mp4

admin — Tue, 17 Jan 2012 20:28:34 +0000

http://www.DelawareMortgageLoans.net – Delaware Mortgage Rate update for week of January 16, 2012. John R. Thomas with Primary Residential Mortgage provides mortgage rate and market update. Call 302-703-0727 to for a free mortgage planning consultation.

Duration : 0:3:42

Technorati Tags: Delaware Home Loans, Delaware mortgage loans, Delaware Mortgage Rates, Delaware mortgages

Mortgage Minute: ARM

admin — Sun, 15 Jan 2012 10:04:34 +0000

http://www.kw.com
An Adjustable Rate Mortgage may offer a lower initial interest rate and monthly payments than a conventional fixed rate mortgage.
After an initial term, the interest rate on an adjustable-rate mortgage loan is re-set periodically to keep the rate in line with current market interest rates. For example, a 3/1 ARM loan offers a fixed rate for the first three years. The interest rate adjusts once a year thereafter. 5/1, 7/1 or 10/1 ARM loans offer a fixed rate for the first five, seven or ten years respectively, adjusting yearly thereafter. The lender sets the adjustable interest rate by adding a fixed percentage to an index rate. When the interest rate goes up, your monthly payment also increases.
Most ARM loans have a periodic rate cap and lifetime cap to limit the amount the interest rate can increase each adjustment period and over the term of the loan.
If your start rate is less than the fully indexed rate your interest rate and monthly payment may increase significantly at the first adjustment — even if the Index does not change. And, your interest rate and monthly payment will increase even more if the Index rises.
Discuss with your mortgage professional how an adjustable rate mortgage may be the solution to your financing needs.

For more information, please contact a Citi Mortgage Consultant at 1-877-693-0217.

Duration : 0:1:49

Technorati Tags: 30-year, adjustable rate, Agent, Amortization, approval, Broker, documents, financing, fixed rate, home, house, jumbo, loan, luxury, monthly payment, mortgage, pre approved, pre qualified, rates, Real estate

Mortgage meltdown hurts local senior citizens

admin — Fri, 13 Jan 2012 02:44:22 +0000

Mortgage meltdown hurts local senior citizens

Duration : 0:1:41

Technorati Tags: citizens, Hurts, local, meltdown, mortgage, Senior