Articles & News About Getting Cash Loans

Homethinking Opens Up Access to Comprehensive Mortgage Transaction Data

New York, NY (PRWEB) May 6, 2008 -- Homethinking.com (http://www.homethinking.com), a site that helps home owners make better real estate decisions, today unveiled mortgage.homethinking.com (http://mortgage.homethinking.com). Mortgage.homethinking.com allows consumers to see top local lenders by market share and to assess the risk of the subprime mortgage crisis in their county.

The service enables home owners to easily navigate and discern trends across more than 33 million mortgage applications. The data is derived from the Home Mortgage Disclosure Act which requires lenders to maintain and annually disclose data about home purchases, home purchase pre-approvals, home improvement, and refinance applications to the Federal Reserve Board.

How can this service help home owners and home buyers?

"The credit crisis has roiled real estate markets across America. By opening up access to comprehensive mortgage transaction data via mortgage.homethinking.com home owners are able to easily assess the impact of the subprime crisis on their local area," said Niki Scevak, Founder of Homethinking LLC.

Mortgage.homethinking.com gives home owners who are looking to obtain a mortgage or to refinance an existing mortgage easy access to data on the exact market share of lenders in their area. They can also find information on the conditions under which mortgages were obtained, like the average amount borrowed.

The service lets consumers judge the risk of the subprime mortgage crisis impacting their county by looking at the percentage of subprime loans taken out in 2006. This 2006 data is extremely relevant to consumers' decisions today because the typically low two-year introductory rates of the 2006 subprime loans are generally being reset in 2008 to much higher rates.

Where home prices have not appreciated, home owners with a subprime loan have often had a difficult time refinancing and so have a higher chance of foreclosing on their home. Prospective buyers and sellers can see if there will be more downward pressure in 2008 by this type of recent buyer foreclosing on their home

Consumers can also see areas less likely to be affected by the crisis. For example, Manhattan in New York City has maintained strict lending standards and few subprime loans have been underwritten (http://mortgage.homethinking.com/New-York/New-York/), even in the height of the subprime boom in 2006.

Starting the conversation

Mortgage trends and conditions have become a hot topic among consumers. Bloggers and other media companies are able to embed any of the charts from mortgage.homethinking.com and use the data in support of opinion or discussion.

"The charts can help those Realtors and Mortgage brokers who blog to offer counsel to worried home owners in this difficult market and at the same time help them to build stronger and more credible relationships," said Niki Scevak.

About Homethinking LLC

Homethinking LLC was founded in 2005 to help consumers make better decisions around real estate. Home owners are able to select a Realtor or Lender based upon actual transaction data. The company is based in New York City.

For more information go to http://www.homethinking.com/about.jsp.

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Is Your Mortgage Broker on Your Side?
Searching for a loan can be one of the most stressful events in your life unless you take some steps to minimize the anxiety We will cover some basic things to look out for and explain why mortgage brokers are no different then car sales men and how they stand in your way in obtaining the best mortgage possible The first thing you need to figure out is, what type of loan is suitable for you situation

Credit Card Fees. The Credit Card Companies Strike Back
Spending on plastic has never been more popular as more and more rely on cards instead of cash. Indeed experts believe carrying cash could soon become a thing of the past. High Street spending on debit cards outstripped cash for the first time in 2005 according to Precious Plastic 2007, the latest study of the UK consumer credit market from accountants PricewaterhouseCoopers.

Finding Fast Cash With A Payday Loan
You have probably seen the advertisements on television time and time again; in fact, you almost certainly get e-mails about them constantly. You know how the saying goes ? get $1,500 instantly! These ads refer to fast cash loans or payday loans. When it comes to signing up for one of these loans, there are many people who are grossly misinformed. This often ends up costing you money in the long run, more money than you could otherwise afford.

John Sauro, President of North Atlantic Mortgage Corp. Appeared on FOX News with Neil Cavuto August 11th, 2007
John Sauro, President of North Atlantic Mortgage Corp. appeared on FOX News with Neil Cavuto August 11th, 2007.

My Credit Card Application Was Rejected! Now What?!?
No doubt, you've probably gotten literally hundreds of credit card applications in the mail and online, and each and every one of them has said that you've been "Pre-Approved".Of course it's natural that this would lead us to believe that the application process is simply a formality.

Mortgage Comparisons and Shopping Your Loan, Made Easy
Trying to compare loans, their fees, and which one really makes sense for you can be a job in itself. Smart shoppers compare different interest rates, but how do you know you are getting the best deal that you can? Interest rates are important but there are terms of the loan that must be considered. Is the loan a fixed rate so that the loan payment will remain the same for the next 30 years? Is it a loan that expires in 2,3,or 7 years or is it a fixed payment for a period of time and then the payment adjusts with the changing interest rate? Some loans actually will allow you to pay smaller amounts per month, however this could cause problems when selling your home. You could owe more that you borrowed. In other words you may have to come o...

Document Management System in Mortgage Industry
In this article, we look at the critical importance of a good document management system in the mortgage industry. The emphasis is on understanding the document-intensive nature of the mortgage industry. We also look at the specific ways in which a document management system can help, and how a good DMS produces concrete business results in the mortgage industry.

Carefully Study To Get The Best Car Loan Rates
Everybody wants to possess a car for their day to day use. Not all will be able to make their purchase out of their own pockets. The loan companies and lenders come to their rescue and provide finance for purchasing a vehicle. It is thus important to shop and get the best car loan rates for your purchase. While searching for auto loan, it is necessary to do a research on the finance companies and negotiate terms to get the best rates.

Chase Credit Card Rewards
Chase Card Circuit City Rewards is a new program jointly created and introduced by Chase and Circuit City Stores, Inc. This is the latest credit card reward program from the two companies that aims to empower City Circuit consumers by giving them opportunities to earn rewards in all their Circuit City purchases. The Chase Card City Circuit Rewards can be availed by getting the new Circuit City Rewards Visa Card.

The Profile Of A Payday Loan Borrower
People who borrow payday loans have a few characteristics in common. These people are more than just the average Joe who has hit a tight cash squeeze. A payday loan borrower?s situation is extreme. Thinking about a payday loan for yourself? First see if you fit into the profile of a payday loan borrower. Most payday loan borrowers have the following in common:

Cover Your Monthly Mortgage With Mortgage Payment Protection
Getting behind on your mortgage could mean that the lender would take steps to repossess your home If you are unable to work or have been made redundant then this is the last thing you need to worry about

Interest Rates For Bad Credit Secured Loans Can Be Vary So Compare Them Online
The rate of interest that you can expect to pay on bad credit secured loans can vary so it is important that you shop around for the cheapest. While you have to compare the rates you also have to compare the small print of any loan you are considering taking out. The small print can add additional costs and it is where you can find the terms and conditions, including the total amount you will repay.

Why Use An Independent Mortgage Adviser
If you are looking to buy a property, or remortgage property you already own, you will have the option of searching for a mortgage product by yourself or employing the services of and independent mortgage adviser.

Prepaid Cell Phones And Credit Reports
Prepaid cell phones are great in case that you have bad credit. Long time ago when prepaid service was first offered this used to be its main advantage for the user. It did not matter if your credit was lousy, you could still get a cell phone and use it just like if you had a perfect credit.