securities lending

Why Does Securities Lending Make Sense?

If you are you looking for easy financing
that can be used for any purpose . . .

Securities Lending Provides Quick & Easy Capital

What is it that you want to accomplish? Whether you want to purchase real estate, buy a new car, RV or luxury yacht, pursue personal or business investment opportunities, exercise employee stock options, or meet other business or personal financial goals, consider securities lending.

Securities lending (also known as stock loans) are used by forward-thinking investors who want to retain the future ownership of their assets as well as leverage the present value of their securities for immediate cash needs.

Securities lending offers non-recourse / non-purpose loans based upon the value of actively trading securities you already own.   This lending program provides you with an extension of credit based on eligible securities that you pledge as collateral.

By borrowing against your assets rather than selling them, you can keep your investment strategy on track and defer any capital gains taxes that might result from selling securities to meet your financing needs.

Stock loans have NO personal liability – they are a non-recourse loan secured by your securities. If the borrower defaults, he/she keeps all the loan proceeds and the lender’s only recourse is to keep the pledged collateral.

Stock loans are non-recourse – the borrower’s financial liability is limited to the collateral pledged for the loan. Borrower has the right to walk away from the loan (with no adverse credit reporting) if the value of his securities falls below 80% of the loan amount.

Stock loans are quick & easy – simple straight-forward paperwork, with no fine print. Just your stocks acting as collateral for your loan.

Use the cash for any worthwhile purpose!  Buy a home, buy a business, RE investment property, pay-off a mortgage – use it for virtually anything you desire.

PROGRAM HIGHLIGHTS –

• Simple & Quick – NO Credit Check / NO Income Verification
NO Upfront Fees / NO Closing Costs / NO Personal Guarantee

• Loans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business)

• Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount

• High Loan-to-Values – up to 80% LTV (depending upon security); which is much higher than banks and brokerage companies can offer

• Loans are Interest Only – principal payment at maturity; otherwise loans can be refinanced or extended

• Low Fixed Interest Rates – usually between 2% to 4%

• Loan Term – minimum of 3 yrs; also 5 yr / 7 yr / 10 yrs

• Quick Funded – usually within 5 to 7 business days

Borrower Maintains Beneficial Ownership – borrower keeps all upside market appreciation.  In addition, borrower receives credit against their interest payment for all dividends or interest on bonds.  An added benefit is that the lender is responsible for taxes on the dividends during the loan term.  It is a loan (not a constructive sale) per section 1058 of the Internal Revenue Code.

This is NOT a Margin Account Loan – A securities based loan is not a “margin account loan”.  These loans have significant advantages over conventional margin loans. See ICON’s website for detailed information.

Authored by - Randall Farr, Managing Director – ICON Commercial Lending, Inc

Contact Randall Farr at 866-956-5554, ext 115

Click here for information about Non-Purpose, Non-Recourse Lending

(Note: Borrowing with securities as collateral involves certain risks, including the possibility that you may need to deposit additional securities and/or cash in the account to meet a maintenance call and that securities in the account may be sold to meet the maintenance call. Proper management of your account and a thorough understanding of the conditions that may affect your investments will assist you in effectively using the margin lending program.)

Why You Should Look for Stock Advice Online –

Why should you look for stock advice online?  Consider overwhelming reason.  In “years past”, a person looking to invest in stocks had to pay a hefty commission to a stock broker who made the transactions for them.  The majority of these individuals had to rely on the broker for advice or study the stock market on their own seeking information from newspapers, magazines and the library.

Stock brokers made their money whether or not the advice they gave you was any good and the information available to the average person was not usually enough to qualify them to make good decisions, so only the rich could afford the kind of information that would make them richer.

Today, things have radically changed – we are in the “information age”.  Everyone has access to a lot of top quality stock advice online.  You don’t have to be an elite member of society to have a real chance of making your fortune on the stock market.  Rather than blindly trusting a broker’s advice, doesn’t it make more sense to educate yourself with good stock advice online so you can make a qualified decision?

Today there is just so much information available online today that it would be entirely foolish not to take the time to educate yourself so that you can recognize the shifts and trends in the market that can make you rich.  There is a wealth of information available for anyone willing to look for it.

Finding good stock advice online isn’t as difficult as you might think, either.  You should look for information that teaches you how to read and analyze stock charts because these are instrumental in helping you to recognize a trend that indicates that you should buy or sell a particular stock.  Once you are armed with this type of knowledge you will be much better prepared to make a healthy profit through buying and selling stocks on the stock market.

The internet is the “great equalizer” of today because so much quality information is available to everyone regardless of their race, religion or economic standing.  The best stock advice online is there for the taking to anyone who will reach out their hands and grab it.  Especially during these tough economic times when people need to increase their incomes more than ever, stock advice online is there to help lead the way.  Of course a person still has to use that information wisely, but nonetheless, it is available for any person to study and use to make good stock purchasing decisions.

Why should you look for good stock advice online?

  1. 1. For starters, to help you achieve “financial independence”, and
  2. 2. Give you a chance to save for retirement and maybe even retire early so you won’t have to rely on your employer or the government to have any money left to give you when the time comes.
  3. Wealth building should be your number one reason for seeking online stock advice. 

Since the financial markets have been turned up-side down and banks are not lending, one method of financing has gained a lot of attention – Securities Based Lending.

Click here for information about Non-Purpose, Non-Recourse Loans

For those with money invested in marketable securities, there is a golden opportunity to cash-in on the tremendous RE investment opportunities now available.  Today, there are multiple commercial & residential RE properties available for about 30% to 50% of what they were only two years ago.

For example, CEOs, CFOs or COOs, with large publically traded companies, who have large blocks of corporate stock can leverage those assets to take advantage of investment opportunities.

If you are a forward-thinking investor who wants to retain the future ownership of your assets as well as leverage the present value of your securities for immediate cash needs, this can be a terrific program.

These loans are –

·         Simple & Quick – NO Credit Check / NO Income Verification / NO Upfront Fees / NO Closing Costs / NO Personal Guarantee

·         Loans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business)

·         Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount

·         High Loan-to-Values – up to 80% LTV (depending upon security); which is much higher than banks and brokerage companies can offer

·         Loans are Interest Only – principal payment at maturity; otherwise loans can be refinanced or extended

·         Low Fixed Interest Rates – usually between 2% to 4%

·         Loan Term – minimum of 3 yrs; also 5 yr / 7 yr / 10 yrs

·         Quick Funded – usually within 5 to 7 business days

Click here for information about Securities  Based Lending / Stock Loans

Is Money Available for RE Investing or are we experienceing a world-wide “Credit Crunch”?

In today’s uncertain times, with the banking system seeming to be “frozen” and not willing to make loans to investors, there’s a lot of talk going around about how a world-wide “credit crunch” is preventing RE investors from taking advantage of some terrific opportunities to buy RE cheap.

That’s not quite true.  In fact, you may have heard about what many are calling the Next-Big-Wave in financing – securities based lending. Stock loans, which are Non-recourse loans, are currently available at up to 80% LTV, based upon the security being used as collateral.

Securities Lending is a long-established process.  Hundreds of successful stock-lending transactions have been executed involving the American Stock Exchange (AMEX), National Stock Market and Small Cap Stock Market (NASDAQ), New York Stock Exchange (NYSE), Over-the-Counter Bulletin Board (OTCBB), and certain foreign exchanges.

Click here for information about Non-Purpose, Non-Recourse Loans

Stock loans make money available for those interested in taking advantage of investing in today’s Real Estate market.  For those people with money invested in marketable securities, there is a golden opportunity to cash-in on the tremendous RE investment opportunities now available.

Today, there are multiple commercial & residential RE properties available for about 30% to 50% of what they were only two years ago and stock loans can be used to purchase RE or for any other use – securities based loans are non-purpose / non-recourse loans.

Stock loan lending programs are designed for forward-thinking investors who wants to retain the future ownership of their assets as well as leverage the present value of their securities for immediate cash needs.

Get the facts about securities lending

Click here for information about Securities Based Lending / Stock Loans

On the other hand, in determining whether or not we’re actually experiencing a world-wide credit crunch, let’s start to answer that question by offering a definition of what is a credit crunch.  Here’s one definition of a “Credit Crunch”, which claims private bankers are the real source of today’s financial problems that have evolved since the establishment of the Federal Reserve System.

“A panic-driven massive withdrawal of credit from all viable sections of society where today credit is desperately needed by the banks who have previously been engaged in the unsustainable, irresponsible and unfounded lending of fictitious money in massive amounts; largely to people who have no means of ever repaying it as agreed.”

With that said, you may say that’s quite an indictment of banks and the overall banking system, so let’s take a closer look at what triggered today’s credit crunch, which has now grown into a full-blown global recession and is clearly responsible for ruining countless peoples’ lives.

As a starting place, you must understand that “money is created by the banking system out of nothing”.

This is wrong, but unfortunately it’s the way it is.  Money is created when banks create debt instruments that are lent at interest to all sections of the community, including governments, international institutions, nationalized industries, big businesses, small and medium sized businesses, other banks  (big and small), insurance companies, hedge funds,  and, of course, private citizens.

This debt is mostly not considered non-repayable because any institution or anyone borrower who manages to repay this borrowed money, plus interest, does so at the cost of other borrowers not being able to perform.

Traditionally governments, even with their power of taxation, have not been able to repay the money they have borrowed.  The core lending is shoved into a pile and called the “national debt” or “treasury bonds”, or something like that.

Because this debt is unrepayable, the whole system is unworkable in the long run.  Sure, it can appear to be working for long periods, while lending is increasing and the amount of money in circulation is therefore keeping fairly constant in spite of large amounts being withdrawn through loan repayments.

But after a number of years the system always threatens to collapse, because there is a limit to the amount of “phony money” the banks can lend before their stockpile of real money – which was supported by gold in former times, now more likely treasury bills and other securities – threatens to dry up and destroy the solvency of the banks themselves.

Indeed, a large number of banks have collapsed in spite of calling a halt to further lending and in spite of billions having been pumped into the banking system by leading governments such as the United States and Great Britain.  Today, in spite of President Obama’s efforts with massive bail-out money being provided to American banks and recent stock market rallies, there are banks in the United States which are still folding.  Where is this heading?

The only people benefiting from all of this are the really huge banking houses such as the Rothschild dynasty and J.P. Morgan.  Today, even Goldman Sachs, who is now again profitable and still paying its fund managers unreasonable and obscene bonuses with taxpayers’ money, is in very dangerous waters.

It’s obvious from even a cursory survey of this situation that the system of having private bankers control the currency, which is an absolutely “control lever” over any economy, is sheer lunacy.  Today, private bankers use the incredible power which has been vested in them for centuries for their own enrichment and power, and the evil “hidden agenda” they pursue in their quest for global domination.

Consider this U-Tube video, which shows Alex Jones’ interview with the late Aaron Russo, producer of the movies “Trading Places” & “America: Freedom to Fascism” where Rocefeller reveals some startling details about the 911 FRAUD, the CFR, the global elite, and the New World Order to Aaron Russo and totally exposes their true agenda for world wide  domination by the global elite resulting in a New World Order.

You MUST SEE this telling video.  It will reveal some astonishing little know facts about how our lives are being manipulated and contolled by the global elite.  This video will shock & astound you.

In Great Britain private bankers have had this power unopposed since 1694, when the UK central bank, the Bank of England, was founded.  It kept its name even after the United Kingdom was formed from the union with Scotland and Ireland some years later.

In the United States there were several attempts to impose a central bank on the new republic early in the nineteenth century but each time these attempts were eventually rejected.  Ultimately they got their way.  In 1913, on Christmas Eve, while most people were going home to their families for the Christmas holiday, a small group of criminal plotters let by Nelson Aldrich, a corrupt senator whose daughter married a Rothschild, managed to get the Federal Reserve Bill passed before only a handful of senators, and economically enslave the United States.

Since then, of course, the USA has suffered the Great Depression of the 1930s, numerous financial panics (which the Federal Reserve Act of 1913 was supposed to put an end to), and an escalating level of public and private debt.  The mighty economic engine of the United States has gradually been withered away and is now in serious danger of complete collapse.

Thus is the story, or a small part of it, so far. The worst of the current recession is shortly to come.

Today, most people do not understand where inflation comes from, how our money is printed, and who is in charge of printing our money.  To make it worse the average American does not even know what the Constitution says about our government and money.

To keep it simple, the United States Constitution says in article 1, section 8. “[Congress shall have the power..] To coin Money, regulate the Value thereof, and of foreign coin, and fix the Standard of Weights and Measures”.  The Constitution does not give Congress the authority to print paper money themselves, let alone delegate control over monetary policy to a central bank.

Before the mid-twentieth century our currency was backed by an asset, more importantly it was backed by gold.  For the longest time in our country the dollar was worth 1/20 of an ounce of gold.  After the Federal Reserve was created in 1913 our government went on a mission to not only eliminate the gold standard but confiscate the gold from its citizens as well.

So you may ask why, why would the government do that?  Why would they disregard the Constitution? Well it wouldn’t be the first time and probably not the last.  The simple answer to those questions is this: When an asset such as gold backs money, government deficit spending is severely limited. With the creation of the Federal Reserve we have given the government the ability to have money printed out of thin air and allowed bankers to “create money from nothing”.

Like G. Edward Griffin said, “if you give someone the power to create money out of thin air, don’t be surprised when they create money out of thin air”.  The world we live in today goes like this – the Federal Reserve prints our money and lends it to our government at interest, then this loan is guaranteed by the taxpayers.

It is not a coincidence that the income tax was created in 1913, the same year the Federal Reserve act of 1913 was passed by congress.  The Federal Reserve is a private bank held by private stockholders.  We cannot audit the Federal Reserve.  It is not owned or run by the taxpayers or the federal government.

Although I speak from a minority position which is not well understood by most people, I say “let’s end the Federal Reserve”.  Congress does have the power to do that and we should demand that they do it.

Below is some quotes and text. There is a Federal Reserve Abolition Act that was brought to committee. It is called The Federal Reserve Board Abolition Act (H.R. 2755).  It is still sitting in committee in congress. With our congressional system, for many bills, this is the closest they will ever come to actually being debated on the floor of congress.  For this to change, we the people need to write our congressmen and demand they co-sponsor this and take it out of committee

Quotes:

G. Edward Griffin quotes:

“Inflation has now been institutionalized at a fairly constant 5% per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm.  A five percent (5%) devaluation applies, not only to the money earned this year, but to all that is left over from previous years.  At the end of the first year, a dollar is worth 95 cents.  At the end of the second year, the 95 cents is reduced again by 5%, leaving its worth at 90 cents, and so on.  By the time a person has worked 20 years, the government will have confiscated 64% of every dollar he saved over those years.  By the time he has worked 45 years, the hidden tax will be 90%.  The government will take virtually everything a person saves over a lifetime”.

Rep. Ron Paul to Congress:

“Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy.  The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency.  The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank.  Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy.”

“In fact, Congress’ constitutional mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender.  Therefore, abolishing the Federal Reserve and returning to a constitutional system will enable America to return to the type of monetary system envisioned by our nation’s founders: one where the value of money is consistent because it is tied to a commodity such as gold.  Such a monetary system is the basis of a true free-market economy.”

This discussion begs a few serious questions, namely -

1.  What will come of the world’s financial systems?

2.  Is it true that the “global elite” actually desire to establish a “One-World Order” with complete power of every citizen’s ability to purchase goods and live a life free from financial slavery?

3.  Should the Federal Reserve System be abolished?

Click here for information about Non-Purpose, Non-Recourse Loans

Who is a trusted authority to talk with about a Stock Loan?

In today’s current financial crisis, securities lending / stock loans are being utilized more and more to raise capital for individuals and companies.  Therefore, it is important for you to have a trusted authority for this type of “non-recourse” lending.

Choose a lender who has a proven track record in providing world-class customer service to their clients.  Choose a lender who is supported by a national network of loan professionals and other financial, legal, and research support personnel.

Choose a Full-Service Securities Lender who offers 100% Non-Recourse / Non-Purpose Loans, based upon stocks & other securities which can be used for both personal or business purposes.

Securities Lending is a long-established process.  Collectively, hundreds of successful stock-lending transactions which have been executed involving the American Stock Exchange (AMEX), National Stock Market and Small Cap Stock Market (NASDAQ), New York Stock Exchange (NYSE), Over-the-Counter Bulletin Board (OTCBB), and certain foreign exchanges.

This is NOT the same as getting a “Margin Loan” with your securities broker.  Generally, margin loans will not give you as much money against your stocks as private securities lending.

Click here for information about Non-Purpose, Non-Recourse Loans

For those with money invested in actively traded securities, there is a golden opportunity to cash-in on the tremendous RE investment opportunities now available.  Today, there are multiple commercial & residential RE properties available for about 30% to 50% of what they were only two years ago.

Stock loans can be used to purchase RE or any other use – these are non-purpose / non-recourse loans.

For example, CEOs, CFOs or COOs, with large publically traded companies, who have large blocks of Corporate can leverage those assets to take advantage of investment opportunities.

This lending program is designed for a forward-thinking investor who wants to retain the future ownership of their assets as well as leverage the present value of their securities for immediate cash needs.

These loans are –

Simple & Quick – NO Credit Check / NO Income Verification

NO Upfront Fees / NO Closing Costs / NO Personal Guarantee

  • Loans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business)
  • Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount
  • High Loan-to-Values – up to 80% LTV (depending upon security); which is much higher than banks and brokerage companies can offer
  • Loans are Interest Only – principal payment at maturity; otherwise loans can be refinanced or extended
  • Low Fixed Interest Rates – usually between 2% to 4%
  • Loan Term – minimum of 3 yrs; also 5 yr / 7 yr / 10 yrs
  • Quick Funded – usually within 5 to 7 business days

Click here for information about Securities Based Lending / Stock Loans

Handling Tricky Stock Investment Transactions in Quicken

If you’re an investor using Quicken, you should find your investment record-keeping pretty straight-forward. There are, however, several tricky investment transactions you may need to record, particularly if you’re an aggressive investor (one who’s willing to bear increased risk in the pursuit of greater returns). These transactions involve short sales, margin loans and interest, call and put activities, employee stock options, and corporate reorganizations. The following paragraphs briefly describe how you record these other types of transactions.

Short Sales

A short sale occurs when you sell stock you don’t actually hold. The logic of a short sale is that rather than buying low and later selling high, you first buy high and then sell low. (To make the transaction, you actually borrow the stock from your broker.)

To record a short sale transaction in Quicken, you just sell a stock you don’t own. Select the Enter Transaction command button, choose the Short Sale option, and fill in the appropriate categories in the Short Sale dialog box.

To show that these are shares you actually owe your broker, Quicken displays the number of shares and the current market value as negative amounts in the Portfolio View window.

To record the transaction in which you close out your short position by buying the stock you’ve previously sold, you record a stock purchase in the usual way.

Margin Loans and Margin Interest

If you purchase a security and the total purchase cost exceeds the cash balance in a brokerage account, Quicken assumes that you’ve borrowed the needed cash on margin from your broker. To show the margin loan, it displays the cash balance as a negative value.

To record margin loan interest in cases where you have a linked cash account, you record the margin loan interest as an expense when you record the withdrawal from the linked cash account that pays the margin interest.

To record margin loan interest in cases where you don’t have a linked cash account, choose the Enter Transaction command button and choose the Margin Interest Expense option. When Quicken displays the Margin Interest Expense dialog box, use it to describe the margin interest.

Calls and Puts

A call is an option to buy a share of stock. A put is an option to sell a share of stock. You may write, buy, or exercise calls and puts.

Writing Calls and Puts

When you write a call or put, what you really do is collect money from someone in return for promising the person the option, or chance, to buy or sell a share of stock at a specified, or strike, price by some future date.

When a call or put expires without being exercised, and this is the usual case, recording the transaction is simple. If you’re the one writing the call or put, just record the transaction as miscellaneous income.

Buying Calls and Puts

If you’re the one buying the call or put, you just record the option purchase the way you do any other stock purchase. If the call or put expires and becomes worthless, just record the sale as a stock purchase with the amount set to zero. (This is the most common case.)

If, on the other hand, you sell the call or put before the expiration date because the call or put can be profitably exercised, you record the sale as a stock sale with the amount set to whatever you sell the option for.

Exercising Calls and Puts

You probably won’t actually exercise a call or put. You’ll probably sell it, as described above. If you do exercise a call or buy option, however, you need to record two transactions.

To record the exercise of a call option, first record a transaction that sells the call option for zero. Then record a transaction that purchases the optioned number of shares at the option price.

To record the exercise of a put option, first record a transaction that sells the put option for zero. Then record a transaction that sells the optioned number of shares at the option price.

TIP

For income tax purposes, what you pay for a call needs to be counted as part of the purchase price if you exercise the call option and purchase shares. What you receive for a put needs to be counted as part of the sales price if you exercise the put and sell shares. This can get complicated, so you may want to consult your tax advisor.

Employee Stock Options

You can track the value of employee stock options in the same way that you track shares of stock. (The purchase price in this case is zero if you don’t pay anything for the option.) The value of the option, of course, is the difference between the exercise price and the fair market value of the vested shares.

The income tax accounting for stock options can get a little tricky, depending on whether the options are part of a qualified incentive stock-option plan or a nonqualified stock-option plan. You may have a taxable gain when you are granted or when you exercise the option, or you may have a taxable gain only later when you sell the shares. If you have questions about the income tax treatment, consult your tax advisor.

For those with money invested in marketable securities, there is a golden opportunity to cash-in on the tremendous RE investment opportunities now available.  Today, there are multiple commercial & residential RE properties available for about 30% to 50% of what they were only two years ago.

For example, CEOs, CFOs or COOs, with large publicly traded companies, who have large blocks of Corporate can leverage those assets to take advantage of investment opportunities.  If you are a forward-thinking investor who wants to retain the future ownership of your assets as well as leverage the present value of your securities for immediate cash needs, this can be a terrific program.

These loans are –

·         Simple & Quick – NO Credit Check / NO Income Verification

NO Upfront Fees / NO Closing Costs / NO Personal Guarantee

·         Loans are “Non-Purpose” – loan can be used for virtually anything borrower wants to accomplish (personal or business)

·         Loans are “Non-Recourse” – giving the borrower the opportunity to simply “walk away” if the collateral falls below a set floor amount

·         High Loan-to-Values – up to 80% LTV (depending upon security); which is much higher than banks and brokerage companies can offer

·         Loans are Interest Only – principal payment at maturity; otherwise loans can be refinanced or extended

·         Low Fixed Interest Rates – usually between 2% to 4%

·         Loan Term – minimum of 3 yrs; also 5 yr / 7 yr / 10 yrs

·         Quick Funded – usually within 5 to 7 business days

Click here for information about Non-Purpose, Non-Recourse Securities Loans

Loan Repayment – Financial Planning When it Comes to Getting a Bank Loan

Approaching a bank for a loan can be beneficial especially when you need capital to invest in a worthwhile project.

Unless you have the capability of paying back, getting a loan can prove to be quite a financial disaster. Therefore, before acquiring a loan, make sure you have the required income to be able to repay the loan.

It is prudent to plan before taking a loan. For example, taking a loan to invest in the stock market can prove to be quite trick considering that trading in stocks is speculative. Though in business you need to take risks, it is also advisable to mitigate those risks.

When going for a loan, it is imperative to also consider the interest rates and whether your monthly income can afford to service the same. In addition, take into consideration the additional cost or penalties incurred in late payments or even early loan repayment.

Take a scenario where you are planning to buy a car that your income cannot afford to mange. I would urge you to reconsider and halt taking that loan, since it can easily drive you into serious debts. I am not discouraging you from getting a car loan, but what would be the point if you are unable to repay the loan? Realize that a car is a liability and its value depreciates with time.

Taking a loan to invest in an asset like building a rental house is advisable, since with such an investment you can have a steady cash flow to help you repay the loan. With a house you can also be sure its value will appreciate with time.

Click here for information about Non-Purpose, Non-Recourse Loans

How To Stop Foreclosure – 3 Legitimate Solutions

To Stop Foreclosure in nearly any city in the United States of America, there are basically only a few legitimate options. Some of these you’ll know, and some will be brand new to you.

Here are a few directions you can take:

  • Sell your house prior to the foreclosure auction. The value of this idea will vary heavily depending on the nature and quality of your local real estate market. If you’re in a market that still has very slow resale rates, selling your home could be a challenge. Ask a local real estate agent to determine the average number of days on the market for properties in your area.
  • Initiate a Forensic Loan Audit, which will likely reveal in a non-compliant loan, that will compel you lender to offer you a loan modification.  A loan modification is a process through which your lender changes the payment terms of your loan to more closely match your ability to pay. While this is not a guarantee, loan modifications have become more popular in the last 12 months.
  • Refinance the property. If you are not yet fully into the foreclosure process but have reason to expect you will fall behind on your payments, it may be wise to try to refinance your mortgage to a lower rate. If your property is worth less than the balance of the mortgage, you’ll want to inquire regarding a “short refinance”, which is when a lender forgives a portion of the debt against you in order for you to refinance your property and pay off the remainder of the debt you owe.

When you’re trying to stop a foreclosure, the key is fast action.

Warning: Be very wary of people who aggressively attempt to purchase your home for investment purposes. While there are many legitimate real estate investors, there has been a significant amount of fraud with “Stop Foreclosure” scams, and it is wise to be very, very careful.

Please remember: The crisis you now face will soon be over. As a foreclosure survivor myself, I’d like to encourage you to remain hopeful, and to understand that your future does not equal your past!

Thanks for reading this information about how to stop foreclosure.

I hope you’ve found value here.

Click here for information about Non-Purpose, Non-Recourse Loans

Bulk REO Investor Tips

There are more foreclosures in the United States right now than we have ever experienced before. Yet well-funded investors in real estate are seizing upon this opening to profit from an profoundly profitable new opportunity.

This new opportunity – known as ‘Bulk REO Investing’ – is so huge it’s captured attention from wealthy investors and private investment funds alike.

Let’s take a moment to analyze the basics of this incredibly lucrative business.

To understand investing in Bulk REO, you have to understand the foreclosure process.

Mortgage lenders faced with a non-paying home owner send a large volume of threats, warnings and documentation to the borrower who is late. The official foreclosure proceedings begin subsequently, as directed by the lender. Between the formal beginning of the foreclosure process and the public auction is the ‘preforeclosure’ period.

To complete the foreclosure process, the property is auction to the public. If there are no buyers at the foreclosure auction, the lender regains title to the property. This property is then considered to be ‘Real Estate Owned’ by the lender, also known as an ‘REO’ property.

REO properties are usually listed for sale with local real estate agents. But as a consequence of the weak economy, lenders are frequently selling their REO properties far below their actual value. However, the purchase of a ‘package’ (or group) or REO properties is the trade-off for receiving such great prices.

Qualified real estate investors are increasingly finding once-in-a-lifetime opportunities in these REO packages. The most successful Bulk REO Investors will have a well-respected source of funding for their transactions. Some sources of funding for these transactions are: personal funds, hard money lenders, commercial lenders and non-conventional sources such as private investors and hedge funds.

Click here for information about Non-Purpose, Non-Recourse Loans

Some Useful Suggestions to Avail Government Grants

To gain success for the Government Personal Grants for any business purposes or others, the prior requirement is identification of the exact nature of your needs, and then contacting concerned grant institution that would guide you through the whole process. Secondly, before filling in the application form, all the requirements should be read very carefully, as many people commit mistakes in applying for the programs they are not eligible for resulting in rejection of the application.

If you are first time filling the application, you can take professional help as they can guide you through all the instructions while framing applications. He would help in identifying errors and rectifying the same as a single mistake can raise doubts in the mind of the issuing authority and thus rejection.

All details pertaining to the nature of your requirement and the purpose for which you are seeking grants must be fulfilled. Your application form should never be incomplete. Incase you are seeking grant for expansion or start of the business whatsoever attaching a business plan or report of your business prepared by your accountant can add credibility to your business proposal. There is also a need for you to prepare a technical bid, which is again to be properly formatted as per the instructions. Your identification and tax data also should be filled very carefully without any mistake.

After filling in the application, keeping in contact with the authority will add credibility to your application process and you will be updated on the progress of the same. Moreover you will also come to know about in case there is any other requirement you have missed.

Next requirement is your patience as it is this trait in you that would take you in this whole route of your application process, which could be a long and tiring journey for you.  Before submitting the application, registration is also made mandatory by the Grants Executive Board (GEB), a governing body of the Grants.gov. GEB determines the exact nature of the registration process even before the submission of the grant application.

You can either register on behalf of the government or as an individual and will be assigned specific username and password for the same. In case you are registering on behalf of organization, you are not allowed to use username and password to apply for grants as an individual.

If you are registering for an organization, there is a need to obtain Data Universal Number System (DUNS) number of your organization, which is a unique nine-character identification number provided by Dun and Bradstreet. After this process, there is a need to register with The Central Character Registration (CCR).  After this complete registration process only, you are eligible to submit applications in Grants.gov. Similar process goes while registering at an individual level. After registration, you get access to file an application.

John Goldman is one of the foremost advisors in matters relating to Government Grants and Financial Aid. To learn more about government grants and how to apply for them  http://www.governmentgrantusa.org the Government Grant USA website

Click here for information about Non-Purpose, Non-Recourse Loans

Finding Foreclosure Help: Get Rid of Your Hole of Debt

Finding Foreclosure Help: Get Out of Your Hole of Debt

Foreclosure is a process that occurs when a person is unable to make their mortgage payments. Now if you have come to find yourself in this same situation, regardless of what reason you have for not making your mortgage payments on time, then of course you are not going to want to lose your home and so you are going to want to help stop foreclosure.

One must be familiar with the options that are available for foreclosure help. Only with the appropriate foreclosure help are you going to be able to get out of this financial crisis that you are in and make sure that you do not lose your home, or at least try your best.

Contact Your Mortgage Lender

The very first step that you are going to want to take if you want to get foreclosure help is to contact your mortgage lender. Don’t make the same mistake as so many other people and assume that just by ignoring your debtors that they are going to go away and this is actually one of the biggest mistakes that you could make.

If you want to get foreclosure help, then you are going to want to make sure that you contact them as soon as possible and let them know what is going on. Most mortgage lenders are not going to have a problem with arranging some sort of a payment agreement with you as long as you let them know the situation and they see that you are willing to work to make this happen.

Do Your Own Research on Foreclosure Help

Another helpful tip for anyone looking to get foreclosure help is to take the time to do research and using the Internet is the best bet here. Most people who are getting foreclosure notices are not even aware of what the foreclosure process is all about and what they are going to have to do to make things better.

The more educated you are on something, the more understanding you are going to be, and so make sure that you take the time to find answers to all the questions you may have and really make sure that you know what is going on here. Only then you will be able to make appropriate decisions on what to do.

Click here for information about Non-Purpose, Non-Recourse Loans

Why Are There Lots of Foreclosure Homes For Sale

Why Are There So Many Foreclosure Homes For Sale?

There are so many foreclosure homes for sale that it’s getting kind of scary. No matter what state you live in, or what town, it’s not uncommon these days to find entire neighborhoods empty. Why are there so many foreclosure properties for sale? What’s going on? Are we headed for another depression like in the twenties and thirties? Is America going to become another third world country like all the doomsayers are predicting? Is our new President destroying our country like the talking heads on Fox News are predicting? Time can only tell. The truth is, however, that the increasing number of foreclosure homes for sale is caused by a myriad of reasons. Some are caused by fraudulent loaning practices, some are due to the slumped economy and some are caused by simply poor planning on the parts of the families that once lived in those foreclosure homes for sale.

Early Fraud Resulted In Foreclosure Homes For Sale

Most of the foreclosure homes for sale are empty because the families that lived in them really had no business buying a home in the first place. How did they qualify for a loan? Several years ago, lenders relaxed their criteria and offered ‘sub-prime’ mortgages. These were mortgages for families with low credit scores. They were offered an initial interest rate that was very reasonable and many families jumped on the chance to finally live the American dream of becoming a homeowner. The problem came because everybody ignored the sentence mentioned in the fine print that initial interest rate was set to jump in a few months. The mortgage payment doubled and sometimes tripled seemingly out of nowhere. This meant many families could no longer afford their homes and they were forced to move thus the houses became foreclosure homes for sale.

Slumped Economy and Poor Planning Lead To Increase In Foreclosure Homes For Sale

The second and third reason for so many foreclosure homes for sale was that the economy is in a slump. People are losing their jobs, their wages aren’t lasting as long as they used to and families are not planning for the future properly. The fact is that many families live well beyond their means. Many are still living paycheck to paycheck. Whether they make twenty five thousand a year or a hundred thousand, if they don’t plan properly, one job loss can result in a foreclosure home for sale. And that’s what’s happening with all of these foreclosure homes for sale. People lost their jobs and they could no longer afford their mortgage payments. The banks demanded the houses back and that’s why there are so many foreclosure homes for sale.

It’s not all doom and gloom out there. The economy will bounce back eventually. But until then, hopefully we’ll learn from our mistakes so that we can get all these families back in their homes so there aren’t as many foreclosure homes for sale.

Click here for information about Non-Purpose, Non-Recourse Loans

The Beginner’s Stock Market

A wealthy man once advised his college-age son as follows – “our incomes should be like our shoes: if too small, they will pinch us, but if too large, they will cause us to stumble and to trip.”

In anything, people need to know how to balance, especially their checkbooks. In economic hard times, ordinary employees and workers are afraid to let go of their money. Even business people are terrified to put their hard-earned funds in stocks because they think it is still unstable. But as the Chinese proverb says, there is an opportunity in every crisis.

Investing in the stock market now has considerable risk but, when done right, it could give good returns for the beginning investor. It is like having a fast payday loan: applicants can get their cash quickly but they have to factor in a higher interest and they must repay the loan within the terms or else they would have a bad credit rating.

According to financial experts, those who plan to invest in stocks should look for investments that have minimal risks and maximum earning potential. Stocks have traditionally generated the best returns among all investment types. They encourage beginners to invest a fixed amount of money at regular increases over an extended period of time. It is best to purchase more shares when prices are low and buy less when prices are high. Blue chips are the purchase of choice – these are shares in a companies that are seen as stable and with a good performance record, meaning its earnings and growth rate has a steady rise.

However, most people from employees to business owners to professionals, such as lawyers and doctors, are generally worried or paranoid about investing. This is due mainly to lack of awareness and information on the workings of the stock market. It does not help that since worldwide economic slowdown, that stock market encountered negative publicity. Still, ordinary salaried person or business owner could still acquire gains in the stock market.

For instance, young investors can see it as a personal wealth-building tool and a good way to build a retirement nest egg. One could also picture it like this: anyone can get an online payday loan, as long as the proper procedures and requirements are followed and submitted.

Of course, for beginners, understanding the workings and the ins-and-outs of the stock market takes hard work, serious study, and independent thinking. The best thing for them to remember is to make informed choices and decisions “not just from hearsay or insider tips”. Lastly, ordinary investors should come up with a simple plan to focus on their goals for investing.

Click here for information about Non-Purpose, Non-Recourse Securities Loans

PRESS RELEASE – SEC to Hold Securities Lending and Short Sale Roundtable

SEC to Hold Securities Lending and Short Sale Roundtable

FOR IMMEDIATE RELEASE
2009-196

Washington, D.C., Sept. 11, 2009 — The Securities and Exchange Commission will hold a roundtable about securities lending and short sale issues on September 29 and September 30.


Additional Materials


The roundtable will feature an in-depth review of securities lending practices and also analyze possible short sale pre borrowing requirements and additional short sale disclosures. Panelists are expected to include investors, corporate issuers, financial services firms, beneficial owner lenders, lending agents, borrowers of securities, self-regulatory organizations, international regulators and the academic community.

The roundtable agenda is available. The list of panelists will be announced at a later date.

The roundtable discussion will be held in the auditorium at SEC headquarters at 100 F Street NE in Washington, D.C. On September 29, the roundtable will focus on securities lending issues and take place from 9:30 a.m. to approximately 4 p.m. On September 30, the roundtable will focus on short sale pre-borrowing and additional short sale disclosures and take place from 9:30 a.m. to approximately 12:30 p.m.

The public is invited to observe the roundtable discussion. Seating will be available on a first-come, first-served basis. The roundtable discussion also will be available via webcast on the SEC Web site.

For additional information about the roundtable, contact the SEC’s Division of Trading and Markets at (202) 551-5720.

Click here for information about Non-Purpose, Non-Recourse Loans

Adverse Credit Is No Barrier for An Adverse Credit Loan

There is an increasing range of borrowers who have a pile-up of debts and to complicate the matter they are labeled as dangerous credit also. Which means relief from debts becomes every one the added a tough task.

These individuals need to not loose heart anymore. Unhealthy credit debt consolidation loans are notably created suitable for them keeping their money background in consideration. On taking unhealthy credit debt consolidation loans, the borrowers can revitalize their credit history. The loan is on the market trouble free and on easier terms plus conditions provided borrowers make sure of its key aspects.

Bad credit happens to a borrower when he fails to clear loans on time plus need to face cases of payment default or County Court Judgments. This is reflected in the credit score of the borrowers. A bad credit score on FICCO scale is 580 or below in a very scale starting from three hundred to 850. Credit score of 720 plus higher than is taken into account as safe plus sound for giving loan.

Click here for information about Non-Purpose, Non-Recourse Loans

Thus, before you ask for bad credit debt consolidation loans, you had best check your credit score. If it looks on negative territory, make some enhancements in it. Have your credit report made error free by an expert.

Pay off those easy debts to enhance your credit score. The enhancements not only increase your credit score but more than which impresses the lenders that you simply are serious towards clearing debts. Don’t forget a better credit score can be useful in availing the loan at best terms and conditions.

Debt consolidation is each one about bringing your assorted loans taken from other lenders beneath one lender so which a new loan obtained at a lower interest rate may be employed in clearing debts of higher interest rates immediately. Unhealthy credit debt consolidation loans are available in secured plus unsecured options.

To go on secured unhealthy credit debt consolidation loans, borrowers ought to supply collateral in the shape of any property such as home, vehicle, jewelry etc to supply loan security to the lender. With the loan well secured, lenders don’t take serious note of unhealthy credit plus even ready to offer bigger amount of loan depending upon the bigger equity during the collateral. When secured, the loan may be availed at lower interest rate. The compensation term also can be longer to the relief of the borrowers.

In cases of no collateral offered or taking unsecured dangerous credit debt consolidation loans, the borrowers ought to satisfy the lender with proof of their sound income supply and good financial position. If the borrowers fail to provide the proof then the loan amount can be smaller and interest rate additionally may be higher. To these individuals lenders give a shorter compensation term.

But, if borrowers search for an appropriate loan package and compare the available lower interest rates, they can take a cheaper loan as regarding their budget. Thus, it is suggested to apply on-line for unhealthy credit debt consolidation loans.

If arranged properly unhealthy credit debt consolidation loans enable you to regain monetary health.

Click here for information about Non-Recourse Loans

Bulk REO Investing in The Mortgage Meltdown Era

According to bulk reo expert Salvatore Buscemi, Bulk REO Investing is proving to be one of the most lucrative fields of investment during 2009 and beyond. Bulk REO Investors profit by purchasing groups (commonly called “portfolios”) of properties from lenders who have repossessed the properties and have urgent need to release pressure from their balance sheets. Due to the urgency of the balance sheet needs of the financial institutions coupled with the investor’s ability to buy a package of REO properties rather than individual properties, it’s frequently possible for a well-capitalized bulk reo investor to acquire REO packages at extremely attractive prices.

To get the full details, I chatted with Salvatore Buscemi of New York-based distressed asset hedge fund Dandrew Capital Partners.

Click here for information about Non-Purpose, Non-Recourse Loans

“Dandrew Capital works by making offers to financial institutions on the basis of a percentage of unpaid principal balance. This means that if we make an offer of 60 cents on the dollar for a package of mortgages with a remainder of ,000,000 in principal balance, then we’ll pay ,800,000 to acquire that package” says Buscemi. There are probably few people who are better positioned for the present economic downturn than Salvatore Buscemi and Dandrew Capital Partners. “Several years ago, everyone in the financial world thought that there would be no end to the booming real estate market. That made it very challenging for us, since we began marketing our distressed real estate asset fund before the real estate market began to fall apart.”

But Buscemi is obviously on the right side of the market trends. “Clearly, our strategy has been vindicated. Our fund is fully subscribed and we have plans for starting another fund exclusively for foreign investors.

What is particularly interesting about the way Dandrew Capital monetizes their property investments. “At the conclusion of our reo portfolio transactions, we own multiple properties which must then be monetized to bring a return to our fund. To do this, we resell our properties to retail home buyers via seller financing. By cutting traditional lenders out of our transactions, we are able to sell our properties quickly and at very attractive terms” says Buscemi.

The future seems quite bright for astute Bulk REO investors.

This article was originally published on BryanEllis.com. It is republished here with complete authorization of the appropriate copyright holders.

Click here for information about Securities Based Lending / Stock Loans

ICON Commercial Lending, Inc. Copyright © 2009 - 2011. All Rights Reserved.

>