Archive | Finances

cfpb

New Information For Borrowers and Home Owners

All Owners Borrowing On Their Personal Residence For “Consumer Purposes” Must Receive A Federal Booklet, “Your Home Loan Toolkit” It is an excellent source of information concerning loans. The booklet is available free at www.cfpb.gov. I Want To Discuss The Last Section In The Booklet Title: Owning Your Home, subtitles-Owning a home is exciting; your […]

Continue Reading 0
hand of businessman with money buying house isolated on blue background

Follow Up To Loan Pre-Approval

I Discussed The Reasons For Getting Pre-Approved For A Loan Before You Start Shopping For A Home Does getting approved beforehand guarantee that you will get the loan you want. Again, quoting the National Assoc. of Realtors, “Being pre-approved is not a sure-fire way of obtaining a loan either”. Yes, after you get approved, many things could go […]

Continue Reading 0

Better Buy Solar Stock

Headline In A Recent OC Register Column By One Of Their Outstanding Writers, Jeff Collins: “Solar Homes to Skyrocket Under California’s New Energy Rules” 90 Years Ago A Presidential Candidate Promised “A chicken in every pot and a car in every garage”. Recently, the California Energy Commission who controls this stuff voted 5-0 requiring solar […]

Continue Reading 0

Wells Is In The Penalty Seat Again

Wrote This Article On Thursday And An Announcement Came Out On Friday It is a done deal. After all the troubles that they have had over the recent years, they are now in “early stage discussions” with the Consumer Financial Protection Bureau over possible new penalties. These problems stem from their practice of charging for […]

Continue Reading 0

What Would Warren Do?

My Friendly Kiplinger’s Personal Finance Adviser Just Answered That Question Warren Buffett’s holding company latest purchases were Apple at $168, Bank of New York Mellon at $51, U.S. Bancorp at $50.  He also “trimmed” some of his shares in American Airlines (only 1 million shares), and he still holds strong positions in many airlines. Kiplinger […]

Continue Reading 0

Another Bank Pays The Piper

This One Is Barclays, A British Bank Surprise, the Brits are right in there with Countrywide. As an aside, every time I see the word Piper, I think back to college years and on several Sunday mornings my mother would look at me and say, “Those who dance must pay the Piper”, and yes it […]

Continue Reading 2

More Information & Classes - www.DuaneGomer.com