Welcome to Refinancing Guide
Refinancing Related Podcasts
The Dave Ramsey Show - 11192008
The Dave Ramsey Show is about real life and how it revolves around money. Dave Ramsey teaches you to manage and budget your money, get out of debt, build wealth, and live in financial peace. Managing your money properly will reduce stress, improve your marriage, and provide security for you and your family. Wed, 19 Nov 2008 23:59:00 -0500
[0:21:02] ... no points and no origination that's called a par quote when your refinancing. And of course all of this assumes that -- going to be keeping the house she wouldn't bother to re finance it ...
The Dave Ramsey Show Podcast - Wed, 19 Nov 2008 23:59:00 -0500
The Dave Ramsey Show is about life and how it happens to revolve around money. Dave Ramsey teaches you to manage and budget your money to avoid bankruptcy, help yourself get out of debt, build wealth, and live in financial peace without debt consolidation. Managing your money properly will reduce stress, improve your marriage, and provide security for you and your family.
[0:30:08] ... no points and no origination that's called a par quote when your refinancing. And of course all of this assumes that -- going to be keeping the house she wouldn't bother to -- finance it. ...
WWP Conference: New Situation in U.S. and World, part 5
Jerry Goldberg from Detroit is a retired auto worker, an organizer of the Moratorium NOW! Coalition to Stop Foreclosures and Evictions in Michigan and a founding member of the Detroit branch of Workers World Party. WWP national conference, Nov. 15, 2008.
[0:00:31] ... the creation of the housing and I don't find it ends in refinancing boom that's all truth. Raises some kind of predatory lending and exotic goods adjustable rate. Jobs and interest only and negative amortization ...
[0:02:02] ... are now saying. But today the hope -- collapse. The mortgage refinancing boom turn into a -- is that for the financial interest. Each of them now things have billions of dollars in losses ...
Explainer: The Millionaire Arsonist
The Millionaire Arsonist Is a homeless felon really expected to pay $101 million? By Christopher Beam A homeless man in California was sentenced Monday to four years in prison and ordered to pay $101 million for setting fires that burned down 160,000 acres of national forest. How's a guy who sleeps in a tent supposed to pay $101 million? He isn't. Instead, he's expected to pay a tiny bit every month until he dies. The man, Steven Emory Butcher, currently receives $1,000 a month in Supplemental Security Income, which is basically welfare for the elderly, disabled, or blind. The federal court ordered that Butcher would pay $25 to Los Padres National Forest four times a year while in prison, and then $50 a month once he's released. No one expects him to deliver the entire $101 million—even a spokesman for the prosecutor acknowledged that the odds of Butcher paying it off were "extremely slim"—but they do expect him to pay what he can. If Butcher gets a job when he gets out of prison, the probation officer can modify the amount of monthly payments—the criminal equivalent of refinancing your mortgage. So why fine him so much? It's the law. A federal judge is required by statute to make a defendant pay restitution when there's property damage incurred, even if he doesn't have the money. The amount of the restitution depends not on how much the criminal can afford to pay, but how much property the victim lost, as determined by the Federal Sentencing Guidelines. For example, the 2006 fire set by Butcher cost Los Padres National Forest more than $59 million in damages, plus fire suppression costs, according to an assessment by the U.S. Forest Service. Ultimately, the court settled on a $101 million price tag. Monetary loss can also be a factor in calculations of jail time—a practice that has proven controversial over the years. Loss-based sentencing is one reason Jeffrey Skilling and others convicted in financial fraud cases were sentenced to decades in prison. There's a difference, though, between restitution fees and federal fines. Restitution goes to the victim of a crime—in this case, Los Padres National Forest. A fine goes to the state. If Butcher had deeper pockets, he might be ordered to pay the state up to $250,000 in fines as well. But the federal sentencing guidelines say that an individual defendant is off the hook if he "establishes that he is unable to pay and is not likely to become able to pay any fine." Some foreign governments adjust punishments according to what criminals can pay. European countries including Finland and Germany have a system of "day-fines," in which judges take your income into account when assigning penalties. Instead of a flat rate, you're fined a certain portion of your daily disposable income. (In Finland it's usually about half, with a minimum fine of 6 euros.)
[0:01:14] ... officer can modify the amount of monthly payments the criminal equivalent of refinancing your market. So why find him so much it's the law. A federal judges are required by statute to make -- dependent ...
The Dave Ramsey Show - 11172008
The Dave Ramsey Show is about real life and how it revolves around money. Dave Ramsey teaches you to manage and budget your money, get out of debt, build wealth, and live in financial peace. Managing your money properly will reduce stress, improve your marriage, and provide security for you and your family. Mon, 17 Nov 2008 23:59:00 -0500
[0:12:50] ... And will basically you could say of like 1%. By refinancing now. Down into the sixes. Right. If you if you get 1% by going down into the sixes what your current loan ...