Tag: mortgage
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Mortgage Lenders Find New Loopholes in Homeowner Assistance
In his Proverbs and other sayings, the fabled King Solomon offers timeless wisdom on dealing justly with others and creating a prosperous life. His principles of prudence, fairness, honoring contracts and acting with generosity toward others are worth applying in all business and personal affairs. But according to a new article in The New York…
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New Federal Props for the Housing Market
“The fruit if the just man is the tree of life,” says the wise king Solomon in Proverbs 11:30. In proposing a new round of homeowner support programs designed to give the housing industry an even greater boost, the federal government is planning new steps to shore up the housing recovery – a move toward…
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No Closing Cost Mortgages: Long Term Benefits?
King Solomon’s words on wisdom and the virtues of living prudently also emphasize the importance of looking not just to immediate gain, but also toward long-term benefits. “Substance got in haste shall be diminished,” he says in Proverbs 13:11, and these principles can equally be applied to today’s world of investments and mortgage lending. Rocked…
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Is It Time for Mortgage Rates to Rise?
A well-known passage from the Book of Ecclesiastes tells us that there is a time and season for everything under heaven. This reminder about the continued cycles of life and the inevitability of change also applies to today’s investing climate, where trends and processes also operate on cycles large and small. One such cycle involves…
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Some Lenders Escape Regulation
Among the many nuggets of wisdom King Solomon offers in his Book of Proverbs, prudence remains the watchword for successful Christian investing. “Blessed is the man that findeth wisdom and is rich in prudence,” he says in Proverbs 3:13. Staying informed and clear-eyed protects an investor from costly and risky moves in all stages of…
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Seller Financing: Exploiting Vulnerable Homebuyers
For King Solomon, who prized wisdom, prudence and just dealing above all other virtues, behaving honorably in dealing with others was important, creating a good reputation and earning the grace of God. These qualities create the foundation for a modern-day investing career, too. But unscrupulous and manipulative practices still thrive, and the prudent investor is…
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Just and Equitable Dealing: A Cornerstone of Good Investing
From his words in the books of Proverbs and Ecclesiastes, it’s clear that King Solomon, the wise son of David, despised wealth without wisdom, and the unjust treatment of the poor – who, because they lived honest, prudent lives, were more worthy of regard than those who had money but no discernment. That’s an important…
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Mortgage Lending Conditions Favor Prudent Investors
Throughout King Solomon’s proverbs, the theme of wisdom, coupled with prudence and justice, forms the basis for his advice on prosperity and living a rich and joyful life. “If wisdom shall enter thy heart, and knowledge please thy soul,“ he says in Proverbs 2:10-11, “ Counsel shall keep thee and prudence shall preserve thee.” Given…
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The National Mortgage Database: A Snare for the Unwary?
“He that is aware of snares shall be secure,” says King Solomon in Proverbs 11:13. Ruler over one of the most prosperous eras in the history of the Kings of Israel, the wise monarch advocated wisdom and prudence in all things. In the book of Proverbs attributed to him he urges people to keep their…
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New Federal Reserve Stimulus Helps Housing
Biblical accounts of the wise King Solomon remind us that the King was concerned with the just administration of his realm, ensuring prosperity for the forty years of his reign. Solomon advocated prudence and wisdom in all actions for the benefit of the kingdom as a whole. And he wasn’t slow in taking steps to…