Below you will find a quick-list of the things
you need to know about Stafford loans before you sign on the dotted
line. Please read this carefully as there are many misconceptions about
this very common federal loan.
Eligibility for Stafford Loans
You must have submitted a FAFSA form.
For subsidized loans you must have a financial need as determined […]
Analysis
Stuff is happening.
The economy may be
heading toward recession, inflation may be on the rise, gold prices are
up, oil prices are hitting record highs, the dollar is declining in
value, home prices are falling and the Federal Reserve Board met on
Wednesday.
Halloween.
Scary.
Almost all
financial markets have already priced in a quarter percent reduction in
short-term rates. Anything other than that […]
U.S. Treasury Secretary Henry Paulson is on the wires again, this time
predicting that the number of potential home-loan defaults “will be
significantly bigger” in 2008 than in 2007.
In an interview with The Wall Street Journal (subscription required),
Paulson said, “The nature of the problem will be significantly bigger
next year because 2006 (mortgages) had lower underwriting standards, […]
By David Lawder
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson is pressing
the U.S. mortgage industry to help large groups of borrowers
automatically, worried lenders will be unable to staunch a worsening
mortgage crisis if they try to fix loans one-by-one.
In an interview with the Wall Street Journal published on Wednesday,
Paulson said he was “aggressively encouraging” the mortgage servicers
to […]
I had no idea that there is plenty of income to be made being an insurance broker. I remember back 15 years ago, I was sold an insurance policy that was a ten-year payment plan that would cover me for life as long as I continue to pay the premium (guaranteed not to increase […]
