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American Dreams Mortgage

Ameriquest Mortgage, Not the American Dream!

Ameriquest taking on water , ship is sinking 1 2 3 4 5 6 ... Last Page Rust Consulting Ameriques Multistate Settlement - Delayed ...

Donnelly Pushes For Looser Regulations For Community Banks ...

U.S. Sen. Joe Donnelly (D-Ind.) is urging the U.S. House of Representatives to approve the Economic Growth, Regulatory Relief, and Consumer Protection Act  that loosens regulations for community banks and credit unions. He met with various Indiana financial representatives Friday to tout rollbacks of banking laws that he co-authored.

In Indiana there are a 154 credit unions in the state and 103 community banks. The credit unions alone represent more than 2 million members. Banking executives joining Donnelly on a press tour said they were thrilled by the proposal, which would ease restrictions on the types of loans they could offer or the customers they could offer those to.

“There are tremendous benefits for Main Street America; for those individuals – Middle Class America – who belong to credit unions,” says Indiana Credit Union League President John Mackenzie.

U.S. Chamber of Commerce Executive Vice President Tom Quaadman believes the bill would instigate small business investment in more areas.

Thousands of Indian Women Find Their American Dreams in Jeopardy

LIVERMORE, Calif. — For seven years, Deepika Jalakam sat at home. Bored, unfulfilled and dependent on her husband for every dime, she struggled with the notion that her professional life was doomed in the land of opportunity.

So when the employment card arrived in the mail in 2015, Ms. Jalakam did what she often does when good fortune comes her way: She placed it before the gods in the Hindu shrine mounted in her kitchen cabinet, blessed it with a dab of red “kum kum” powder and recited a prayer of gratitude.

Within weeks, Ms. Jalakam, who has a degree in biotechnology, landed a job as an analyst at an insurance company. The next year, she and her husband, Vinay Kumar, a software engineer, bought a house. In 2017, the finances of the Indian immigrant couple were secure enough that they decided to have a second child.

Is the American Dream causes mortgage crisis? 10 points for the best advice. Thank you?

I know there are various reasons that lead to the current mortgage crisis such as the banks, the loans, the economics, the government.

If the American dream is to do incredibly stupid things with your finances and credit, then you are probably right.

Banks and mortgage brokers were contributors, but in reality it was people's own greed and stupidity that was the main cause.

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