From the category archives:

Money matters

Simi Valley Home Buyers, if you are out shopping for a home and are going to use FHA financing it is important to make sure you get your FHA case number before October 4th, 2010 as the FHA Premium goes up after this date. John Yang independent mortgage broker and author of the Mortgage Video [...]

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Unemployment Numbers without the Spin

by Ted Mackel on December 4, 2009

Unemployment Numbers without the Spin This clever Youtube video explains how the unemployment rate really does not address the real number. We are in interesting times. The unemployment figures the news reports form the government do not include: Those not in the Labor Market Those marginally in the Labor Market Those how work Part Time [...]

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Fannie Mae & Freddie Mac Look up for Simi Valley Home Owners The government is doing everything it can to keep stability in the housing markets.  75 million was set aside to try and help 3-4 million homeowners with Fannie Mae and Freddie Mac backed loans get help with refinancing.  This assistance was designed to help [...]

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1st Time Home Buyer Tax Credits Explained for Simi Valley Home Buyers The Details are out!!! 1. There are income limitations for the purchasers, $75,000 for an individual or $150,000 for a couple. Partial credits may be available if you exceed the maximum income limits. 2. The Tax credit is for 10% of the home’s value, [...]

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As you know, the Federal Government announced a wide variety of very important changes for homeowners last Wednesday, March 4.  Simi Valley home owners can start working on your own loan modification right now but you will have to wait a little longer for the 105% refinances.  In the interest of keeping this email as [...]

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Buying up Bad Mortgages is one Solution

by Ted Mackel on March 4, 2009

Buying up Bad Mortgages is one Solution Here is a nice video short form CBS News on how some investors are out looking for ways to capitalize on the folly created by our government and banking system. Watch CBS Videos Online

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(Simi Valley) Tax Payer Bailout Prize Patrol – Video Blog This is a very funny youtube Video on the Bailout money.  Sit back and enjoy!

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Layman’s Information on H.R. 3221- Foreclosure Prevention Act of 2008 The Good, the Bad and the Ugly: Part II It has been a few months since my first installment of this “series” and it’s time for some very important updates on the current state of the mortgage market. This information will affect you in the [...]

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Bank IMPLODE-O-Meter

by Ted Mackel on July 14, 2008

Well I’m back after a busy week and the long holiday weekend kept me from blogging as much as I would have liked.  Not to mention that I was one of the many that stood in line Friday for the new Apple iPhone last Friday and my wife would like to throw it in the [...]

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One of my good friends and client has sent me some valuable information to pass along. The following is a copy of local Simi Valley resident Lynda Mason’s email. If you have any money saving tips, please use the comment section and let us hear from you. Hi Ted, Just thought I’d share with you [...]

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