Welcome to Mortgage Calculator Site. We hope the information and resources found here will be of help to you, especially in today’s financial challenges. Please do feel free to share your experiences, tips and resources that you feel may help our readers.
Documentary: NACA’s “Save the Dream” – Mortgage Restructuring and Renegotiation Rescues Homeowners
Background on NACA’s “Save the Dream” program, which has helped homeowners across America restructure and renegotiate home mortgages and home loans they can no longer afford. For more information, please go to www.naca.com
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“The Sub-Prime Mortgage Mess and Federal Reserve Policy” – Notre Dame’s Saturday Scholar Series
Mortgage Foreclosure – The Family Farm
A look at the Crosby Mint Farm in St. Johns, MI, and how the foreclosure crisis is hurting them. Senate Bill 1306 would establish a moratorium on foreclosures and save this farm. The sponsor of this legislation is Senator Hansen Clarke.
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The Mortgage Banking Meltdown
www.financeforcongress.com A visual demonstration of the changes in mortgage banking that led to the current financial crisis. To learn more, watch our other video, “Understanding the Financial Crisis,” and visit http
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Underwater Mortgage? Walk Away!
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Peter Schiff Mortgage Bankers Speech Nov/13/06
My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let’s see if we can get this clip to go viral. Thanks to a YouTuber called “csabasand” here is a full transcript: www.csaba.se also check me out on www.facebook.com and twitter.com
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7.9 Million Not Paying Mortgage; Income falls 3.2% during Obama’s term
39430724 people on Food stamps www.fns.usda.gov Income falls 3.2% during Obama’s term www.washingtontimes.com Jobs Begin to Sprout online.wsj.com Mo. Gains 7, 200 Jobs but Jobless Rate Inches Up www.nytimes.com NJ gov wants teachers union leader fired for memo news.yahoo.com Baltimore Mayor’s new budget cuts 250 employees articles.baltimoresun.com Oklahoma City’s Mayor Reacts To Budget Cuts Plan www.koco.com ‘Now or never’: 8 ways Detroit Mayor Dave Bing plans to cut spending by $101 million www.mlive.com Ohio city hit hard by DHL move cuts jobs www.businessweek.com Mortgage Defaults May Be Driving Consumer Spending www.cnbc.com Set up an account for the Radio Show www.blogtalkradio.com DEMCAD2 www.youtube.com Blog demcad.blogspot.com Myspace www.myspace.com Facebook www.facebook.com Twitter twitter.com
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Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08
Visit my new blog… mrmortgage.ml-implode.com Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, which is essentially foreclosure status. They did not sell this directly to consumers, rather used correspondents like New Century, Accredited, Countrywide etc to rebrand the programs and sell them as their own. This is a very common practice but this just proves Wells is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.
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Mortgage-Backed Securities I
Part I of the introduction to mortgage-backed securities
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