Tag Archives: debt consolidation

Mortgage, Groupon and card debt: how the bottom half bolsters U.S. economy

PHILADELPHIA (Reuters) – By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of Americans fleecing … Continue reading

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Non-QM and Digital Products; Global Events Driving our Capital Markets

Plenty of people I know agree with the this Forbes article titled, “We Have Learned Nothing From The Mortgage Market Meltdown.” Builders are reducing labor costs by using premanufactured products that also require low maintenance. And what’s not to like about taking … Continue reading

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Why do people pull cash out of their homes?

Many homeowners use cash-out refinances for debt consolidation, home improvement, or for future investments. To avoid paying high-interest rate credit cards, homeowners may use cash out to pay off those bills. Instead of paying a 20% interest rate or higher … Continue reading

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