Budgeting-help.com - Articles - Financing

The Subprime Fallout: Lending Practices

no@spam.com (Budgeting Help) — Tue, 25 Sep 2007 20:10:11 CDT

The volatility of subprime lending may be due in part to some of the fraudulent or questionable practice this industry engaged in to generate greater profits through more loans.

Foreclosures and the New Housing Market

no@spam.com (Budgeting Help) — Tue, 25 Sep 2007 20:06:28 CDT

A number of factors played into the dramatic downward turns of the housing market, including predatory lending practices (see "The Subprime Fallout: Lending Practices" and "Targeting Women"), a massive increase in the use of subprime loans to finance home purchases, and inflated home values. In addition, many buyers during the boom have been losing their homes to foreclosure.

Loan Regulations in the New Housing Market

no@spam.com (Budgeting Help) — Tue, 25 Sep 2007 20:04:57 CDT

With the recent subprime industry fallout and exposure of some of the lending industry's questionable practices, new requirements are finally being enacted to regulate lender operations, ensure consumer protection and stabilize the housing market. Although they are still in development, these new regulations have been proposed at the commercial and federal level.

Women Targeted by Subprime Lenders

no@spam.com (Budgeting Help) — Tue, 25 Sep 2007 20:03:15 CDT

In addition to some of the unethical activities in the subprime market (see "The Subprime Fallout: Lending Practices"), some consumer group have also found discriminatory practices with regard to types of loans that are given to would-be home buyers.

Are You Ready to Buy a Home?

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 21:07:16 CDT

Even if it is part of the “American Dream”, is owning a home your dream right now? Or are there some considerations, whether financial or personal that may make later a better time to be a homeowner, or even not at all (see www.budgeting-help.com for articles on the benefits and costs of homeownership)?

Costs of Homeownership

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 21:05:05 CDT

Inasmuch as there are numerous benefits to homeownership, there may be some costs that many potential buyers don’t really consider as they race against an imaginary clock of materialistic gain.

Benefits of Homeownership

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 21:03:17 CDT

There are numerous benefits to homeownership beyond just the sense of achievement and personal gain. Owning a home can have positive effects to not only your financial ego, but also your financial health, including taxes, long-term savings, and even future investment potential.

Who You Need to Buy a Home

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 20:59:49 CDT

Besides needing cash and credit to purchase a home (See "What You Need to Buy a Home: The "Two Cs"), there are a number of real estate professionals you will be working with to get your first home loan pre-approved, assist you in selecting a home and negotiating with sellers, ensure that both you and the seller meet the requirements for the real estate transaction, as well as other aspects of home purchase.

What You Need to Buy a Home: The �Two Cs�

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 20:56:05 CDT

There are financial aspects of your life that you will need to have organized prior to obtaining a loan and selecting the home that best suits you.

Your First Home

no@spam.com (Budgeting Help) — Tue, 19 Jun 2007 20:51:55 CDT

Buying your first home is a clear indicator of your increased financial stability and achievement of a goal that many consumers wish to obtain