There’s no helping the banking community out of their pit of ignorance. (Sorry, was that too much editorialization?) Let’s rewind. Banks structure their organizations such that each department is completely oblivious to each other, and moreover, the way business is done in the real world.
E-mail. Digital Signatures. E-mail. Did I mention E-mail?
Digital signatures [...]
Continue Reading →Programs that are created as a knee jerk response to some sort of impetus, which have never been a part of the standard operations of any industry easily become train wrecks, or as I like to call them, yard sales (a term that describes the scene of an average Xtreme Sports crash.) Those in charge [...]
Continue Reading →A recent post on raincityguide.com got me going about the bottom line when it comes to short sales.
The article, written by Ardell, touches on the apparent importance of the assets that a property owner may have that could affect the bank’s decision regarding whether or not a short sale will be approved.
At present, [...]
Continue Reading →Until recently, and by recently I mean last week, communicating with a negotiator in the loss mitigation department at a given bank involved sending e-mail back and forth the old fashioned way. It worked. I create a new message, I send, they reply, they send. Pretty simple if you ask me.
On my end of [...]
Continue Reading →Affordability Calculator
Monthly Gross Income $ Monthly Debt Expenses [?] Monthly Debt and Obligations Should Include:
- Monthly Credit Card Payments
- Monthly Auto Payments
- Monthly Child Support
- Monthly Association Fees
- Other Monthly Obligations, but NOT utility bills.
$ Down Payment: $ Interest Rate: % Mortgage Calculator
$ % yrs % $ Topics of Interest
Posts from OwingMoneySucks.com- Tax Refunds Are Bad For The Economy February 5, 2012
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- Really, Fannie Mae? December 7, 2011
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