Mortgage

Mortgage

Joffrey Long: How Smart Investors Are Profiting From the Sub Prime Meltdown

GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- Four Months Ago, Bob Edleson, a private investor in real estate loans, was having difficulty keeping his money invested. "There just weren't enough good loans to invest in." Today, with many subprime lenders not making loans, Bob has a wide choice of loans in which to invest. Bob is a "private money" or "hard money" investor. From individuals with just 30,000 invested, to those who invest millions, they loan to borrowers whose credit or property doesn't meet the conditions of institutional lenders.

Joffrey Long: Reverse Mortgages – Wait and Lose $30,000

GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- A recent article published by a major Organization for Retired Persons offers what looks like a poorly thought out suggestion. The article suggests that those considering a reverse mortgage "wait it out" for a year or two. While there may be some borrowers who truly are not yet ready to start a reverse mortgage, there are a number of potential problems, none of which were disclosed in the article.

Popular Government & Nonprofit Press Releases

Long-Running Clean Water Act Dispute Ends, Duarte Agrees to Pay Civil...

Bringing to a close several years of litigation, John Duarte and Duarte Nursery Inc. have agreed to pay a large civil penalty and preserve and restore creeks, streams, and wetlands to resolve violations of the Clean Water Act on property located in Tehama County, California, the Justice Department announced today.

Recent Government & Nonprofit Press Releases

Lawsuit Challenges Destructive Delta Tunnels Project in California

A coalition of conservation groups today sued the California Department of Water Resources over its approval of the controversial Delta tunnels project. The lawsuit was filed in Sacramento Superior Court by AquAlliance, California Sportfishing Protection Alliance, California Water Impact Network, Center for Biological Diversity, Center for Food Safety, Friends of the River, Friends of Stone Lakes National Wildlife Refuge, Planning and Conservation League, Restore the Delta, Save Our Sandhill Cranes and Sierra Club California.