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  • 00:30

    FHA Loans Questions with Felicia Dosal

    in Business

    Should a Buyer With 20% Down Get an FHA Loan?
    Conventional loans require private mortgage insurance if a buyer cannot put 20% down. FHA loans require mortgage insurance regardless of how much money is put down initially. Conventional wisdom says that buyers should only consider getting an FHA loan only if they cannot put 20% down. This piece will question that position and ask: Should someone who can put 20% or more down consider getting an assumable loan (e.g. FHA) even though the assumable loan would require paying mortgage insurance?

    Several weeks ago, when rates were higher, I asked well known local blogger and Licensed Mortgage Originator Rhonda Porter of mortgageporter.com to run me some numbers on two different loan packages. The first was an FHA loan, which at the time had a 5% rate (5.403 APR). The second was a conventional loan that had a 5.125% rate (5.201 APR). The initial loan costs on each loan were relatively close to each other, and the most significant difference between the loans was that the FHA loan still required mortgage insurance, both an up front amount and monthly amount of $132.44 for the first 60 months.

    Most buyers today probably pick the conventional loan to avoid paying the mortgage insurance. My reason for doing this piece is that FHA loans are generally considered assumable loans. That made me wonder: Can there be scenarios where a buyer would be better off having an assumable FHA loan, even if they have to pay mortgage insurance?

  • 00:31

    THE DAILY COMPLAINT (NATIONSTAR/MISAPPLIED PMTS/ FALSE LEGAL FEES/FTC/QWR/CFPB)

    in Finance

    TODAY'S SPOTLIGHT:


    NATIONSTAR MORTGAGE MISAPPLIED PAYMENTS FALSE (BS) LEGAL FEES HORRENDOUS CUSTOMER SERVICE CONSUMER RIGHTS QUALIFIED WRITTEN REQUEST CFPB COMPLAINT FTC FDCPA UDAAP


    "the daily complaint"


    Every weekday we answer client complaints on The Daily Complaint to provide direction and resources for both the person complaining as well as other consumers experiencing similar issues whether it be mortgage fraud, loan servicing escrow issues, loan modification runarounds or denials, short sale refusals, deed in lieu negotiations and credit card debt collector abuses and fraud violations.


    I routinely look for posts to answer in hopes that it will not only bring optimism to those homeowners and borrowers in distress but also some basic information to assist in fighting the banks that are "too big to fail" like Bank of America and Citi but yet don't appreciate the bailout that we provided in their time of need.  The debt collectors like Ocwen and Nationstar are simply just piranhas but they can be beat at their own game too just like the big banks can be defeated.  


    We are committed to answering consumer complaints and addressing everyday credit and debt issues on The Daily Complaint and I thank you for your continued support!


    We hope you enjoy the Show...


     


    Dana Shafman


    Managing Member


    END Consulting


    Phone (888) 234-7006 Ext 101


    Fax (888) 234-7096


    Dana@ConsultingEND.com


     


    Every new beginning comes from some other beginning's END!


    THE DAILY COMPLAINT - LIVE WEEKDAYS AT 8:30 AM PT (CA) & 11:30 AM ET (NY)

  • 01:01

    A Chat in the Garden

    in Self Help

    Are you interested in the interworking of Athletic Administration.? Are you already in the business and want to know to how to navigate the rough waters and not just float along but travel full steam ahead in the Athletic Administration journey.  Join us Tuesday, May 26th at 11:30 am est when we will chat with Danielle Harris, Assistant Commissioner for GLIAC. Previous  stops of Danielle are Cleveland State,  Quicken Loans Arena the home of the Cleveland Cavaliers and the MAC.

  • 03:45

    MIGHTY THOR RADIO DEBT SHOW WITH "LION OF JUDAH BROTHER SHARIF"

    in Education

    The House of Restoration Ministry a/k/a THOR is Private Membership Association Ministry who studies, shares, provides a forum for Consumers to get support from other members regarding abusive debt collection. THOR covers information pertaining to alleged foreclosures, credit cards debts, student loans, auto loans, etc. Being a Consumer can be a challenging situation, being an educated consumer can be a "POWERFUL" position if used correctly. "THOR & BROTHER SHARIF" will peel back the layers of the Debt Buying arena and you will be surprised at who pulls the strings to this Debt Collector Puppet. The Consumers need to be aware what they are up against, and how to prepare against they're Adversary(s). The debt collection business is big business and the Consumers is a big target, if you are not educated, poised, armed, confident, spirited, and prepared, you will be forced into economic conditions not condusive to your lifestyle. Are you ready???? Today we will provide show filled with entertainment, laughter, consumer information, recent cases and news, along with the Lesson of the day. JOIN US!! We are not attorneys and do not give legal advice.!!

  • 00:57

    Ron Siegel Radio Network May 22, 2015

    in Real Estate

    Ron Siegel of Anaheim Hills, CA, Ryan Ottosen of Glendora, CA, Antoinette Baita of Santa Ana, CA and Penny Lambright of Orange, CA discuss: current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA on NBC Talk Radio. 


    Ron, Ryan, Antoinette and Penny discuss: Homeless Veterans need/want a “Hand Up’ not a “Hand Out”, how can we serve; Are there Government Housing Subsidies for Veterans; Patriots and Paws will provide Veterans with household goods; Veteran Legal Institute provides services for those in need, for free; VA Financing & Mortgages Options; What I a VA Guaranteed Home Loan; Top 3 VA Home Loan Tips; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; The SLT will Provide a Complementary Real Estate Action Plan (R.E.A.P.) Semi-Annually, and so much more.


    Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.


    Reach Ron at                  


    ·         800.306.1990 


    ·         Ron@RonSiegelRadio.com


    ·         www.RonSiegelRadio.com


    ·         www.SiegelLendingTeam.com


    ·         Twitter: @RonSiegel


    ·         www.Face

  • 00:56

    Ron Siegel Radio Network May 21, 2015

    in Real Estate

    Ron Siegel of Anaheim Hills, CA, Brett Humpherys, Cynthia Harf, Lesa Christenson  and Chris Megison of San Diego, CA discuss: current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA on NBC Talk Radio. 


    Ron, Brett, Cynthia, Lesa and Chris discuss: Isn’t selling a home basically just listing it in the Multiple Listing Service; What is the significance of the 10 year anniversary in Family Law; Does One Really Need a Prenuptial Agreement; How Does Solutions for Change serve Homeless Kids; New Construction-Hear those hammers in the backround; Divorce and Money, Six costly mistakes; 7 money-saving myths that cost you money; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; The SLT will Provide a Complementary Real Estate Action Plan (R.E.A.P.) Semi-Annually, and so much more.


    Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.


    Reach Ron at                  


    ·         800.306.1990 


    ·         Ron@RonSiegelRadio.com


    ·         www.RonSiegelRadio.com


    ·         www.SiegelLendingTeam.com


    ·         Twitter: @RonSiegel


    ·         www.Facebook.com

  • 02:38

    Pop Culture Crazies - B.B. King is dead!

    in Pop Culture

    Hr1 Cartersville, GA police officers forced to resign for volunteering in inmate prayer ministry while off-duty. 1st Amendment is dying a slow death! How is that religious freedom?


    Los Angeles Mayor thinks $15/hour minimum wage is a victory, local businessman responds explaining otherwise.


    Andrea Nelson, from the Clover Agency, joins Joe to discuss recent news events that you probably won't hear anywhere else.


    Legendary singer criticizes young stars for competing to wear the skimpiest dress in public at the latest Met gala.


    Why are images of breastfeeding so taboo? It's a normal process of life. Elle magazine changes the newsstand cover.


    What to do when you find out thru Instagram that your fiance isn't who you thought she was. RUN!


    Hr2  LibLogic: The best way to teach kids about racism is through segregation, called "affinity groups." Isn't this what we were trying to get away from?


    Muslim student thinks he shouldn't have to repay his school loans because it's against his religion. Was it against his religion to sign for it?


    Hr3  Banning mobile phone use increases academic performance at school. Anyone else not shocked?


    Teacher acquitted of repeatedly raping 12 year old student, is now suing to get her job back.


    Student diversity officer on college campus Tweets hateful violent speech toward white males. Why hasn't she been fired yet?


    B.B. King's passing is scrutinized by family with suggestions that the personal assistant may have poisoned him. Uh oh!


    Pennysaver shuts down without warning. 100s out of work.


    Teen girls who left the country to join ISIS and marry militants are now pregnant and not as enthusiastic about staying over there. In fact, they desperately want to come home. Big surprise... NOT! Jihad is not a game. This is serious business.

  • 00:56

    Ron Siegel Radio Network May 20, 2015

    in Real Estate

    Ron Siegel of Anaheim Hills, CA, and Robert Mott of La Quinta, CA discuss: current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA on NBC Talk Radio. 


    Ron and Robert discuss: Can you Bruise Wine by Pulling the cork to hard; How many wines were submitted to the LA International Wine Competition; What options are there for low down payment purchases; What are the Veteran Loan Options; Ron Siegel Radio VIP Hero Program for Military, Law Enforcement, Firefighters, Teachers and Nurses; A Trick to Saving on Your Mortgage; More Home Buyers Putting less down; Rising Rents Not Motivating Consumers to Buy Homes; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; The SLT will Provide a Complementary Real Estate Action Plan (R.E.A.P.) Semi-Annually, and so much more.


    Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.


    Reach Ron at                  


    ·         800.306.1990 


    ·         Ron@RonSiegelRadio.com


    ·         www.RonSiegelRadio.com


    ·         www.SiegelLendingTeam.com


    ·         Twitter: @RonSiegel


    ·         www.Facebook.com/RonSiegelRadio


  • 00:02

    One-Stop For Small Business Entrepreneurs To Get Gov't Money And Services

    in Self Help

    http://BigDataLesko.com/
    In recent years, more and more government information is being provided in easier ways for researchers like Lesko to access. We have collected and organized 874 programs related to information for businesses large and small from a number of different data streams (called APIs: application programming interfaces). This site also provides you a new way to search through Lesko's big database of 3,576 government programs for business at the federal, state, and local levels.


    These are wide range of programs like grants and loans for starting or expanding your business. There are also countless free services and expert assistance which you might otherwise pay for if you fall for slick advertising online, like help writing a business plan, applying for government money, protecting your inventions, and help complying with liscensing requirements and regulations. 


    BigDataLesko.com is Matthew Lesko's Newest Contribution To Educating The World About Free Opportunities in Life (Created, Designed, and Developed Morgan Lesko, that's my boy)


    Watch: https://youtu.be/ePUVfJSGpXg

  • 00:57

    Ron Siegel Radio Network May 19, 2015

    in Real Estate

    Ron Siegel of Anaheim Hills, CA, and Dave Meltzer of Aliso Viejo, CA discuss: current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA on NBC Talk Radio. 


    Ron and David discuss: What effect did Wayne Gretzky have on SoCal Hockey; David Meltzer’s prediction for the NBA and NHL Championships; David Meltzer’s take on Lou Holtz’s comments about self responsibility; Update on the NFL Stadium’s in San Diego  and Carson; Where Are Prices Headed in the Next Five Years; Your Credit Score Decoded; Reverse Mortgage Can Defend Against the Coming Retiremet Crisis; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; The SLT will Provide a Complementary Real Estate Action Plan (R.E.A.P.) Semi-Annually, and so much more.


    Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.


    Reach Ron at                  


    ·         800.306.1990 


    ·         Ron@RonSiegelRadio.com


    ·         www.RonSiegelRadio.com


    ·         www.SiegelLendingTeam.com


    ·         Twitter: @RonSiegel


    ·         www.Facebook.com/RonSiegelRadio


        

  • 00:56

    Ron Siegel Radio Network May 18, 2015

    in Real Estate

    Ron Siegel of Anaheim Hills, CA, and Leena Patel discuss: current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA on NBC Talk Radio. 


    Ron and Leena discuss: What You Do if You Were Stripped of All Your Resources; What are 1-2 Myths that can be dispelled about leadership; Leena Discusses the Leadership Pyramid; How do You Future Proof your business; Buying a Home is 35% less than renting; HELOC Organizations up 32% Over Last Year , Despite Quarterly Dip; What Happens If You Don’t Pay Your Student Loan Bill; Mortgage Minute; Your Credit Matters; Real Time Real Estate; Word on Wealth; The SLT will Provide a Complementary Real Estate Action Plan (R.E.A.P.) Semi-Annually, and so much more.


    Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.


    Reach Ron at                  


    ·         800.306.1990 


    ·         Ron@RonSiegelRadio.com


    ·         www.RonSiegelRadio.com


    ·         www.SiegelLendingTeam.com


    ·         Twitter: @RonSiegel


    ·         www.Facebook.com/RonSiegelRadio