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First Eastern Mortgage

Mortgage Scam Alert for Canada and the USA Part 1 of 2

Mortgage Scam Alert for Canada and the USA. Call me if you have had or are about to have any dealing with these people.

Wisconsin governor calls special session on Foxconn deal

Associated Press

MADISON, Wis. (AP) - A wide array of Wisconsin environmental regulations would be waived in an effort to speed up construction of a $10 billion Foxconn electronics factory under a proposal Gov. Scott Walker unveiled Friday.

Walker called on the Republican-controlled Legislature to consider the measure as early as Tuesday. It also would borrow $252 million to finish rebuilding Interstate 94, which connects Milwaukee with Chicago and runs near where the massive display panel factory is expected to be built.

The plant would be the first outside of Asia to produce liquid crystal display monitors used in computers, televisions and other areas. Walker calls it a once-a-generation opportunity to transform Wisconsin's economy.

The envisioned factory, expected to open in 2020, would be 20 million square feet on a campus that spans 1.56-square-miles in what Walker is calling the "Wisconn Valley." It would initially employ 3,000 people, but the deal calls for that to grow to 13,000 within six years.

Mortgage Rates Spike, Erasing Last Week's Gains

Mortgage rates  moved abruptly higher   today, erasing the improvement seen last week.  An entire week's worth of movement may or may not be worth stressing out about depending on your perspective.  On one hand, we're only talking about a change of roughly 0.06% in terms of the "effective rate" on the average 30yr fixed loan.  That'll cost you about $7/month on a $200k loan.  

On the other hand, last week was the best in more than 2 months.  While erasing those gains might not be dramatic in terms of outright financial impact, it could signal a shift in the overall trend.  

There are 2 trends to consider at the moment.  The first only stretches back to early July, and that's the one that's clearly under attack.  The other trend is one of general improvement since March 2017, and we'd need to see several days like today before questioning that one.

landlord in foreclosure, missed 18 payments but wants me to move for missing a payment first time in 9 yrs!?

Why is it right for my landlord, who has not paid his mortgage for the last 18 months while failing to respond to all the notices that his lender and the courts have sent him since 2009, to harass me endlessly every time the rent is due?

You did not pay rent. For of course eviction is 100% fair. You can NOT expect him to support you, it does not matter one bit what his problems are, no issue of his allows you to live on his property for free.

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