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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?

  • 01:01

    USDA 100% loans, Conventional, loan changes and guidelines-Steven Gran with

    in Real Estate

    Guild Mortgage Company fills us in, answers your questions in real time. If you have had a short


    sale, bankruptcy, foreclosure or just want to take advantage of low, no down loans


    and fantastic rates listen in....Steven Gran is also the founder of Gran Ventures, LLC.


    which specializes in vacation rentals and speculative investments. His years of 


    experience in the real estate industry make him a natural at getting the deals


    done in this ever changing, fast paced mortgage and real estate world that we find ourselves


    in.

  • 01:59

    The Damaged State of Black America: Blockades vs. Excuses

    in Lifestyle

    It's impossible to ignore the role that more than four centuries of hatred and inhumane atrocities committeed against African-Americans plays in the stagnated state of Black America. Slave-era slayings have been upgraded to police slayings, sabotaging of property and financing has been upgraded to blockading of Blacks' access to loans, home ownership,qualified employment positions, and fair education. But despite these expected and foreseen sabotaged tactics, White America and many older African-Americans, from parallel viewpoints, believe that there are aspects of Black America's stagnation that falls squarely on the shoulders of Black America itself. Citations of laziness, lack of involvement,failure to vote, or attend meetings are personal uninhibited choices that contribute to the damages of Black America and continues to be a self-erected barrier to progress. Are there parts of our damages that can be fixed by us? Or is White Supremacy atrocities to solely to blame? Join in tonight with your thoughts by calling 347-327-9967 at 10:30 PM EST.

  • 00:22

    7 Financial Activities You Must Do With your Graduating Senior

    in Finance

    Join host Barbie O'Connor for this week's MoneySmarts4u show about the 7 Financial activities you must do with your graduating high school senior or your junior soon to be senior student.  Topics to be discussed is getting a summer job, how to save money, avoiding debt, what money is available for college expenses, budgeting, senioritis and what to expect during that Freshman year in college.  


    For more MoneySmarts4u, buy the book on Amazon.  Subscribe to the show.  Like us on Facebook.  Listen in on Itunes.  Email any questions to barbie@moneysmarts4u.com.  Check out the website, www.moneysmarts4u.com. 


     

  • 00:33

    THE DAILY COMPLAINT (NATIONSTAR/FNMA/LOAN MOD DENIALS/ATTY HELP?/CFPB/RIGHTS)

    in Finance

    TODAY'S SPOTLIGHT


    NATIONSTAR MORTGAGE FANNIE MAE LOAN (FROM GMAC) LOAN MODIFICATION ATTEMPTS SINCE MARCH 2008 ATTORNEY HELP PROS AND CONS CONSUMER RIGHTS FANNIE MAE LOAN HELP FHFA


    "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)

  • 00:57

    Ron Siegel Radio Network April 30, 2015

    in Real Estate

    Ron Siegel - Anaheim Hills, Dustin Reilich - San Diego and Kaaren Hall, Tustin, 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, Dustin and Kaaren Discuss: Can We Really Invest Our Ira in Real Estate; How do Self Directed Ira’s work and who can use them; Is it possible to Cut my Utility Bills to Zero without a huge Home Renovation Budget; How does Home Energy Efficiency effect homes value; Checking Credit Report Before Buying a Home; 5 Tech Questions Seniors Should Ask When Interviewing a Real Estate Agent; Getting a Mortgage After You’ve had a Loan Modification; 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

  • 00:59

    Tehuti for Successful Business - Minority Business Loans- Master Minds Monday

    in Business

    Master Minds Monday is a segment that offers business advice, hands-on meditation exercises, and effective rituals for the proper generation of wealth.


    Your finances and money motivation does not have to be devoid of spiritual guidance. Learn the tools needed to be a financial success in all you do today.


    Damon Rawls can be reached at




    For Consultations:  www.damonrawls.com




    Phylecia Tarael-ANU can be reached at:




    For Consultations: www.OrishaReligion.com



    For General Information: www.iHairNatural.com


     



  • 00:57

    Ron Siegel Radio Network April 29, 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: Today's show is dedicated to the Memory of Air Force Tech Sgt. Anthony E. Salazar, whodied April 13, 2015 During Operation Inherent Resolve; How involved is marketing side of the winery business in determining the percentage of alcohol shown on the wine label; What is Brix; Getting Your Student a Credit Card; Deal of the Century; Housing Market has made “Good Enough” Progress to Buy Now; 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

  • 00:11

    Should I surrender my real estate license?

    in Legal

    Process to surrender California Real Estate License


    One question we get from time to time from our real estate clients (brokers or salespersons) is "should I surrender my real estate license" if I am facing a DRE adiministrative hearing for violations of the real estate law or commissioner's regulations for violations such as:


    1. Fraud


    2.  Embezzlement


    3.  Comningling funds


    4.  Failure to keep improper trust fund records (ex. sepearate beneficiary, control records, or monthly reconcilliations)


    5.  Dishonest dealing


    6.  Mispresentation


    7.  Dual agency violations


    8.  Failure to deliver MLDS statement for mortgage loans


    9.  Broker escrow violations


    10.  Fialure to keep records of real estate transactions for three years (B & P 10148)


    My typical reaction is LET"S TAKE A DEEP BREATH, and let's look at the facts of your case and see if we can get through this.  This real estate podcast discusses what the surrender option is, how it works, and whether this is a good idea or not.

  • 00:33

    The Best of You presents:How to make your money work for you!

    in Entertainment

    Do you have money woes? Does it seem that you when get paid you give out more than you bring home? Are you afraid to answer your phone because of people calling about student loans and credit cards debit?  On The Best of You will have Credit Specialist, Netiva Heard show us How to Make Your Money Work for You. We will discuss



    Money Mangement
    Defining goals for your money
    Budgeting
    How to work off Debt


    Tune in May 3rd at 12pm est/9am pst to hear the show LIVE! Call in at (646)668-8275 to ask questions or LOG on at www/blogtalkradio.com/thebestofyou

  • 00:31

    LETS TALK REAL ESTATE

    in Entrepreneur

    Lets talk about all that there is to talk about in real estate, including being an owner bilder, resale listings, new homes, finance, loans, banks and credit unions, land not only by states, but everything from Canada to Chile and Argentina and the Caribbean. Commercial, residential, retirement and investment specials.  Auctions, land sales, buidings of all types shapes and sizes, including modular, and the new storage building conversions into homes.  How to build credit, add svings and streghten your credit standing for lenders.   Lenders who provide the best loan to value loans for newhome construction.  Control companies and how to lists!!!  Any and all varieties ofinvestments and retirement or jobs in foreign nations for those interested in living abroad while building your retirement in additon to  those who are also preparing for retirement in a foreign country!  partnering with fqmily members or friends to help build your home, vacation homes, rental homes, ski resort specials and more!