Still, your children need to learn how to budget. They should have something in place that gives them access to money while in college. And managing a financial account is an important life skill that they probably won’t learn in school or from anyone except you. Editorial Comment: We generally think of aging as a process, where eventually the kids…[...]
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See FLSC new RULES First, rule 1.110(b) is amended to require verification of mortgage foreclosure complaints involving residential real property. The primary purposes of this amendment are (1) to provide incentive for the plaintiff to appropriately investigate and verify its ownership of the note or right to enforce the note and ensure that the allegations in the complaint are accurate;…[...]
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Debt Validation Letter– Creditor or Collector?
Feb 12, 2010
the bailout and insurance money was paid not to the investors or the borrowers, it was paid to the investment bankers who never were at risk. I'm beginning to think that the ultra-sophisticated investors have some dog in this race that prevents them from entering the foreclosure market directly to recover or settle their investments at a much higher rate…[...]
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Submitted was a form reciting the legal description of the property and citing California Civil Code Title 5, Sections 880.340 and 800.350. As in other documents that can be prepared for homeowners it is only as good as the willingness of the county recorder's office to accept and record it. And it doesn't do much good if the property has…[...]
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Editorial Comment: Actually the number is far higher. We compute it as around 45% when all is said and done. First of all there is consensus that property values are actually around 15% less than seller's are asking. Second costs of selling the home makes up the rest, taking another 6-10% off the selling proceeds. The break point where people…[...]
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Monday, February 8th, 2010, 2:41 pm Million-dollar home sales continue to decline in California, as price declines are bringing homes below the $1m threshold and hesitant buyers have yet to return to the market, according to property data provider MDA DataQuick. A total of 18,621 California homes sold for $1m or more last year, down 23.8% from 24,436 sales in…[...]
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Editor's Note: business seems more concrete and logical than say, religion. But the truth is that all of finance and the economy is based upon three things: (1) trust, (2) credibility and (3) belief. Example: If you believed that the U.S. Dollar was going to be worthless (as has happened in our history) would you believe it is worth anything?…[...]
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For those ideologues who blindly call for "personal responsibility" we direct your attention to the tens of billions of subsidies (corporate welfare) given to hundreds of corporation, some of whom act contrary to the interests of the American citizen and U.S. Foreign Policy. Either take the blinders off or admit that you don't care about the facts. In the last…[...]
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Ailing securitisation market hits Citi asset sales By Francesco Guerrera, Henny Sender and Aline van Duyn in New York Published: February 7 2010 23:05 | Last updated: February 7 2010 23:05 The securitisation market’s failure to recover from its slump during the crisis is complicating efforts by Citigroup and other troubled financial groups such as AIG to sell unwanted assets…[...]
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