Do banks consider Unemployment Benefits as income when getting a mortgage?


Posted November 4th, 2010 by admin 4 Comments »
banks
Tara G asked:


My boyfriend and I are planning on buying a house. He’s working and I just recently became unemployed, and I receive unemployment benefits. So we were wondering if banks would consider that as income?

Will banks actually work with people to avoid foreclosure?


Posted November 4th, 2010 by admin 4 Comments »
banks
Matthew asked:


I don’t want to hear from the scare mongers. We are a young family who have had income fluctuations of no fault of our own. Our mortgage is $1400 per month. Daycare costs, etc, are driving us to the brink.

Will banks really work with you? What can we do? What should I expect if I am unable to pay my mortgage?

Are GICs in 401k’s at Risk Because of MBIA’s Credit Downgrade and Bank/Mortgage Problems?


Posted August 25th, 2010 by admin 1 Comment »
401k problems
Hiroshima, Get Over it asked:


Many 401k funds offer GICs (guaranteed investment contracts).

Are these likely to be at risk or affected because of the current problems banks are having with sub-prime mortgages?

Can the bank legally keep a deceased person on loan contract?


Posted April 27th, 2010 by admin 5 Comments »
bank
j b asked:


My father took out a mortgage on home. He since passed away. My mother is on the loan as well. She is permanatley disabled, losing her home. The question is can she fight for a loan mod due to husband passing away? Is there any wrong doing on behalf of bank? They also sold our loan multiple times to other banks. Please advise.

Which large banks in the USA are the most solvent and best capitalized?


Posted March 21st, 2010 by admin 1 Comment »
banks
loutx2 asked:


With all the banking problems I want to make sure which bank has the highest rating and it not making sub-prime loans. I know Bank of America made $2 billion dollars worth of bad loans. E - Trade and Countrywide, Citi Corp, and other banks have made billions of follars worth bad sub-prime home loans. Which major bank is not making sub-prime loans and is in good financial shape? That is who I want to bank with.

What happens to banks if trading profits fall off and banks are left to rely on traditional operations?


Posted March 21st, 2010 by admin 3 Comments »
banks
Sean asked:


The banks have been betting big on stocks, bonds, commodities and other assets. Trade gains will only last so long.

What banks will approve me for a credit card?


Posted March 21st, 2010 by admin 3 Comments »
banks
aaron s asked:


I have no credit. I need to buy a new computer for college. I have money to enough to buy one but then then I’ll be poor. What banks will approve me for a credit card?

What is the age requirement to be a bank teller in most banks?


Posted March 21st, 2010 by admin 4 Comments »
banks
anything8357 asked:


My sister became a bank teller at age 17. I am 16 (2 months short of 17) and was wondering if most common banks hire at 16, or is it just a waste of my time calling each bank? I don’t want to feel stupid if they say “Sorry hun you need to be older.” And I’m talking about branches such as PNC, COMMERCE, and VALLEY NATIONAL. So if anyone has some insight, let me know!

What happens to mortgages if the bank goes out of business and no one wants to buy them?


Posted March 11th, 2010 by admin 4 Comments »
bank
boilerette72 asked:


I hear that if a bank goes under other banks will buy these mortgages. But with so many mortgages exceeding values of homes, many banks might not want to buy the mortgages. What would happen if a bank goes under, and no one wants to buy their crappy mortgages?

Banks?


Posted March 7th, 2010 by admin 2 Comments »
banks
Katie asked:


Where do banks get their money, like if their run out of money or how is the bank sure that their have enough money to lend to alot of people that are gonna start a business???