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adventure mortgage - News

Tiny-home movement booms, and Boulder leads the way
He didn't want a fat mortgage to pay off for the next 30 years, and neither did his girlfriend, Merete Mueller. They captured their unconventional adventure on film and turned it into a documentary that has taken them around the country on a

Best Places to Party On Spring Break
Best Places to Party On Spring Break It's the first choice for married businessmen when it comes to bringing prostitutes back to the penthouse suite they took out a second mortgage to afford. Next door is The Comsopolitan. It's not as lavish, but it leases several floors and a patio to

Out Of The Homeschooling Closet
“Together we are co-conspirators in a counterculture adventure,” she writes. Yep, that's how we feel about . Lower housing costs translate into lower taxes; lower insurance rates, and better monthly cash flow from a lower mortgage. Finally, stay-at

On the Agenda: Events feature new laws and crowd-funding
Business: A leading mountain resort and adventure company. Malibu Boats Inc. - Loudon, Tenn., 7.1 million shares, priced $13 to $15, managed by Raymond The Labor Department issues weekly jobless claims; the Commerce Department reports fourth

Alabama Mortgage Star

Alabama mortgage star Stewart Holt with Adventure Mortgage in Birmingham closes another loan denied by 3 previous lenders. Loan was approved and ...

The Trump Files: In Which Donald Sues Himself—and Wins!

In early 2006, eager to cash in on the housing bubble he believed would continue to grow indefinitely, Donald Trump unveiled his newest business venture, Trump Mortgage LLC, at a reception in Trump Tower. "Trump Mortgage is going to take better care of people than anyone in the mortgage industry ever has," he promised .

In some ways, Trump Mortgage was typical of a lot of Trump's ventures, in that Trump licensed his name to an idea that someone else had come up with. In this case, the CEO, EJ Ridings, had suggested a mortgage company to Trump's son, Donald Trump Jr., and Trump had given it the green light. But unlike some licensing deals, Trump also played a key role in getting it off the ground. He hired Ridings as the CEO of the company he was lending his name to, met with him to plot strategy before the big launch, blitzed the financial press to talk up the company, and was listed as a " key executive " on the company's website. He even provided Trump Mortgage with prime office space at his building at 40 Wall Street in Manhattan, from which employees cold-called borrowers with subprime mortgages seeking to refinance their loans.

'Many clients have asked us for a Big Short-type trade regarding China'

China's debt is so huge that some investors are wondering if they can do a "Big Short" trade on it, akin to the counter-intuitive bets placed against mortgages prior to the 2008 credit meltdown in the US.

A recent note from the "contrarian investment analysis" firm Variant Perception begins thus:

"Many clients have asked us for a Big Short-type trade regarding China with a 10 to 1 or even 100 to 1 payoff. And we have all seen the pictures of ghost towns and deserted industrial zones."

" The Big Short ," of course, was the wonderful book by Michael Lewis that turned the arcane world of mortgage derivatives in the mid-2000s into an adventure that anyone could understand. The book charted the efforts of oddball hedge fund manager Michael Burry who placed a $1 billion bet against American mortgages. He made a $2.5 billion profit on the move when it became clear that US property was in a bubble, and real estate prices collapsed. 

I need an adventure. Stuck in a rut and about to be permanently stuck. Need a holiday, suggestions?

I just found out I'm pregnant, I already have a two year old, and my hubby and I are saving for a house. Then we'll have a mortgage, two kids under three and we can kiss the chance to travel goodbye! So I have six months before I cant travel anymore.

Am in the very same boat as you funnily enough! Try this site, its really handy ations. They have loads of practical advice.