Mortgage Town

Borrowing for the future

Occupy Wall Street and Student Loans

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According to Prof. Chris Coyne, one of the main concerns of the Occupy Wall Street movement is the rising cost of college and student loans. If student loans were forgiven, however, it wouldn’t solve the fundamental problem of costly education.

A government program that forgave student loans would improve the finances of people holding student loans, but it would do so at the expense of taxpayers in America. Many of these taxpayers would fall within the 99%.

Furthermore, by seeking bailouts for student Loans, the Occupy Wall Street movement is fundamentally no different than the banks and corporations that they’re criticizing.

Duration : 0:1:5

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Blitz Says Tighter Mortgage Lending Is Hurting Housing

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Jan. 20 (Bloomberg) — Steven Blitz, an economist at ITG Investment Research, Daniel Alpert, managing director at Westwood Capital LLC, and Stephen Wood, chief market strategist at Russell Investments, talk about the U.S. housing market, increased lending standards at banks and the European sovereign debt crisis.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

Duration : 0:15:50

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Quicken Loans Refinance – Aaron Ross

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Quicken Loans clients Lisette and Anthony Murray of Texas discuss in this video testimonial about how Quicken Loans and Aaron Ross helped them refinance their home. Lisette and Anthony loved Quicken Loans’ online document submission, as well as all the personal attention Aaron gave them throughout the entire process.

Duration : 0:2:22

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Life Advice 2

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bad credit. There I said it. Let me say it louder so you don’t forget it.

Duration : 0:0:9

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Quicken Loans Refinance – Jim Woodworth

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Quicken Loans client Kevin Williams of Michigan discusses in this video testimonial about how Quicken Loans and Jim Woodworth helped him purchase a new home. Kevin was very pleased with his treatment by Quicken Loans, and would gladly recommend them for future business.

Duration : 0:1:59

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Quicken Loans Refinance – Adam Kresch

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Quicken Loans client Kai Loedel of California discusses in this video testimonial about how Quicken Loans and Adam Kresch helped him refinance his Mortgage. Kai was impressed with Quicken Loans’ online document management and customer service, with Quicken Loans offering him a no-cost refinance well after he had already closed.

Duration : 0:2:51

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Quicken Loans Refinance – Dominic Pellittieri

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Quicken Loans client Jeffrey Kuisti of Ohio discusses in this video testimonial about how Quicken Loans and Dominic Pellittieri helped him refinance his Mortgage. Not only did Quicken Loans offer Jeffrey the lowest rate, but they helped him find a loan that was just right for him. Jeffrey was also very pleased with how fast and easy the online experience was, and would gladly recommend Quicken Loans for others looking to refinance.

Duration : 0:3:1

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RBC’s Cloherty Favors Mortgage Bonds Over Corporates

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Nov. 8 (Bloomberg) — Michael Cloherty, head of U.S. interest rate strategy at RBC Capital Markets, talks about his investment strategy for bonds.
Cloherty also discusses Federal Reserve monetary policy and Europe’s sovereign debt crisis. He speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.” David Gordon, head of research at Eurasia Group, also speaks. (Source: Bloomberg)

Duration : 0:10:5

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Rupkey Says U.S. Mortgage Plan May Boost Refinancing

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Oct. 24 (Bloomberg) — Chris Rupkey, an economist at Bank of Tokyo-Mitsubishi UFJ Ltd., Gary Shilling, president of A. Gary Shilling & Co., and Richard Ross, a technical analyst at Auerbach Grayson & Co., talk about changes to the Home Affordable Refinance Program (HARP) that will allow homeowners to refinance regardless of how much their houses have dropped in value.
Speaking with Pimm Fox on Bloomberg Television’s “Taking Stock,” they also discuss the European debt crisis and U.S. economy. (Source: Bloomberg)

Duration : 0:12:26

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Daurio Says FHA Mortgage Auctions May Miss Expectations

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Oct. 25 (Bloomberg) — Jon Daurio, founder of Kondaur Capital, talks about the Federal Housing Administration’s plan to auction thousands of defaulted Mortgages at prices marked down by as much as 65 percent.
If the pilot works as planned, the government mortgage insurer will cut its losses by avoiding foreclosures while giving borrowers a better chance of remaining in their homes. He speaks with Lisa Murphy on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Duration : 0:4:31

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