Volokh Conspiracy has an excellent article on the state of the law vis-a-vis publicizing past felony convictions. I ask, how can it be permitted for the media to do something that private citizens cannot? Does the media have more freedom of speech than a private citizen? I would submit that the first amendment was clearly …
Continue reading “Media a Privileged Class? I Don’t Think So!”
This is definitely not a “Who you gonna call?” I’ve done a couple articles in the recent past on the two ratios, debt to income and loan to value. Nonetheless, there exist a plethora of reasons why someone can be turned down for a loan even though they make it on the ratios. The first …
Continue reading “Loan Qualification Standards – “Loanbusters””
what happen when 401K leave blank on beneficiary Nothing unless you die, and it’s not covered in your will or other documents. Then the state’s intestate code takes effect. Each state has a law for how the estates of those who die intestate will be divvied up. These laws were typically made generations ago, and …
Continue reading “Naming Beneficiaries – Do It, and Keep Them Current”
“Should People in their sixties take out a mortgage?” The short answer is “Not if you don’t have to.” Now if I suddenly vanish, the explanation will be that the loan industry put a contract out on me. Success in loans, and sales in general, is often attributable to selling people stuff they don’t need. …
Supply and Demand. Now that I’ve given the short answer, it’s time to explain the macro factors behind interest rate variations. But I’m going to keep referring to those first three words. It is a tradeoff between the supply of money and demand for it. The most obvious thing influencing loan rates is inflation. This …
Yes, I’ve always kind of liked Paul Simon. But this post was inspired by something I ran across from FATCO. And just to make certain you know, it’s fifty ways to lose your money if you don’t have title insurance. You don’t want problems from prior ownerships to interfere with your rights to your property. …
Continue reading “Title Insurance, or Preventing Fifty Ways to Lose Your Money”
Stop the ACLU has an open letter (and open trackback) on opposition to Islamism. Among many other online sites, they print the following manifesto: Together facing the new totalitarianism After having overcome fascism, Nazism, and Stalinism, the world now faces a new totalitarian global threat: Islamism. We, writers, journalists, intellectuals, call for resistance to religious …
I am profoundly lucky in that I read “I Will Fear No Evil” in high school. Not an assignment, I just like to read, and Robert A. Heinlein has always been one of my favorite authors. A very few pages into the book, he has one of his characters toss off two fantastically good pieces …
A reader named Terri at Educating the Wheelers sent me an email giving me a heads up on the antics of the state of Illinois. here is the link. Here is the original article at blackprof. The link to the original source is broken, but here is the Illinois Department of Financial and Professional Regulation, …
Continue reading “Is This Supposed to be Helpful Legislation? (Illinois)”
We live in (A California city). In a 2 bedroom 1 bath home on approximately a 20,000 Sq. ft. lot. It is easily worth 500K to 600K with a current mortgage of $116,000. The mortgage/Title is in the name of my father and his wife 90% and myself and my wife with a 10% interest. …
Continue reading “Issues with Family Transfers of Real Estate”
