Archive for February 4th, 2010
Thursday, February 4th, 2010
NG Realty Group And The Big Challenges Of 2010
"What are the 3 biggest challenges we are going to face in the 2010 housing market?" A good friend and VP at SunTrust Bank, Bill Peele, asked me this very question at lunch today. My reply was as follows:
1) Unemployment over 10% and around 20% if you account for the “Under-employed” or those who have given up looking.
2) Fannie Mae and Freddie Mac are still in trouble receiving over $500 billion dollars of Bail out money.
3) Payment Option ARMs are due to reset within the next 2 years with most borrowers being unable or unwilling to take on a higher payment.
You can read more information from NG Realty Group and stay up to date with market news. I feel that Challenge #3 is the biggest problem of the 3 numbered challenges. Subprime mortgages almost brought down the country and financial system in 2007 and 2008 followed closely by Alt-A Mortgages (No Documentation, Stated Loans, and Little Documentation loans). This year starts the massive challenge of dealing with the Payment Option ARM loans or the so called “Pick a Payment Loan” that Wachovia was still running commercials on television in late 2008. If you are unfamiliar with this type of loan, the borrower gets a choice of whether they want to make a full payment, an Interest Only payment, or a “Minimum monthly payment”. The Minimum monthly payment is the MAJOR issue as in most cases it was 1%-2% of the loan amount which in turn leads to negative amortization which increases the mortgage balance instead of decreasing it. Couple that with Real estate values decreasing and you have a recipe for disaster. See more at www.ngrealtygroup.com and check out the blog while you are there.
Popularity: 24% [?]
Thursday, February 4th, 2010
Penis Stretcher
Penis Stretcher
penis stretcher - Sites and services that do offer these rapid transformations may well be dangerous at worst, scams at best. Naturally, you should avoid these types of offers on the Internet like the plague. To avoid any complications and health risks, its also essential that the product you choose is medically certified. When you are able to establish this, you can use the product knowing that it has worked for people before and will work safely for youpenis stretcher - This isnt to say that using a correct penis enlarger is risk at all. Because a penis extender affects the penis tissue over several months, it reduces the strain and increases the results youll see.
blog info
Popularity: 30% [?]
Thursday, February 4th, 2010
Menopause and Hair Loss in Women
Menopause and Hair Loss in Women
Menopause symptoms can include hair thinning and hair loss, thought to
be due to hormonal shifts and changes. Get expert information
about menopausal hair loss at www.MenopauseHairloss.net.
Included athttp://menopauseacne.net are products and expert articles
about the problem of menopause hair loss and how to reverse it.
Popularity: 28% [?]