http://www.notapennydown.com How I bought an investment property with 10% down after the bank told me I needed 20% with Vancouver mortgage broker Mark Fidgett
Duration : 0:3:3
Vancouver mortgage broker reveals mortgage secret
Mortgage Loan Officer – Darryl Meyer at Approved Mortgage
Mortgage Loan Officer at Approved Mortgage -Darryl Meyer. Darryl can handle all of your home mortgage needs whether you are purchasing a home or refinancing your home. Darryl Meyer can help with all real estate financing for home ownership.
Duration : 0:1:1
China’s Subprime Mortgage Crash
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The Global Financial Crisis (GFC) started three years ago,
but China seems to be immune to it.
Under the tightening monetary policy,
many of enterprises are turning into shadow banks.
With the due date of loan sharking approaching,
the economic claps occur continuously.
Foreign media warned that the Chinese version
of the Subprime Mortgage Crash is approaching.
After the start of the GFC in 2008,
China began changing its monetary policy.
For small and medium size firms its difficult
to access the formal banking sector.
Instead, they loan money from shadow lenders
who are actually state companies.
The official sector can obtain money from state-owned banks
and issue loans to other borrowers with higher interest rates.
In addition, non state-owned shadow banks are expanding,
and more problems are being exposed.
Economists are worried that China is starting to follow
the pattern of the U.S.’ Subprime Mortgage Crash.
During the World Economic Forum held in Dalian last week,
a former vice chairman of NPC, Cheng Siwei said:
“China’s Subprime Mortgage Crash is the lending of money
to local governments which have no ability to repay them.”
It is estimated that 80% of the loans from the top four banks
in China go to state-owned firms.
But now China has different shadow banks, from state-owned
to individuals’ firm, most of them with officials’ background.
Local governments use state funds to invest in businesses,
and the funds are estimated to be ca. $1.7 trillion.
These shadow banks are outside the banking and financial
sectors and are thus less regulated or not regulated at all.
Economist Cao An thinks that the state-owned firms
have the advantage of funds.
They can lend the money through guarantee companies
or other platforms.
In this lack of credit system, once the problem is exposed,
it will be worse than what happened in the U.S.
Cao An: “The economic trend is at a low point,
small or medium-sized firms need plenty of funds.
But even with the loans it is difficult for them to make
60-100% profit and service the loan; this is a risk for lenders.
Therefore if the borrowers fail to service and repay the loans,
this will become a bad debt.”
China added new loans, adjusted to its GDP. They went up
to 200%, from 100% prior to Lehman Brothers’ collapse.
Subsequently, the bad debt rate raised
from 1% in the first half of 2010 to 4.9% in 2011.
Chen Zhifei, Economy Professor, New York City University,
points out experts’ analysis,
which shows 2011 as the most difficult year for China
since China’s open market economy had started.
According to a survey done by the Industrial Federation,
90% of the firms in China don’t get a penny from the banks,
and 95% of the private firms don’t get loans from banks
either, showing that funds allocation is not sound.
Chen Zhifei: “China’s fund distribution is for state-owned
enterprises, This policy exists for 10 to 20 years now.
After the GFC started, China had loaned
RMB 4 trillion for investments.
If these investments’ loans do not get repaid, they will turn
into bad debts and the country’s economy will collapse.”
Beijing economist Mao Yushi points out that although
the top four banks in China are controlled by the government, the accumulation of bad debts still occurs
Mao Yushi: “The companies borrow money from the banks
and lend them as high interest rate loans.
The problem is due to lack of interest rates’ market regulation.
It’s bureaucratic as it’s the privileged who can borrow money.
Most of the people can only borrow high interest rate loans,
this is the reason why the problem exists for so long.”
Mao Yushi thinks that the solution to these problems
is to open small and medium-sized banks,
and let people establish such banks as well,
not only the government.
NTD reporters Liang Xi, Li Ting and Wang Mingyu.
《神韵》2011世界巡演新亮点
http://www.ShenYunPerformingArts.org/
Duration : 0:3:54
Video THREE – How to Buy Gold and Silver Bullion at Wholesale “Preservation of Wealth”
Visit http://www.GoldSilverBuyersGuide.com and also check out http://www.GoldSilverDVD.com for bonus features – ‘How Does Mike Invest?’, ‘How Did Mike Get Started?’ (hear the story of Mike firing his financial advisor), and ‘How & What To Buy’. This is the full version of the movie, which features extra parts not yet seen on YouTube: Currency creation, the Federal Reserve, fractional reserve banking, how central banks steal our wealth, runaway deficits, the second wave of mortgage resets, Mike’s prediction of short term deflation THEN hyperinflation, New Media, Ron Paul, and the Constitution. When you are done you can go to Mike’s page at http://www.GoldSilver.com and then visit http://www.GoldSilverBullionAtCost.com to compare and get rock bottom AT-COST WHOLESALE GOLD AND SILVER!
It was fascinating to watch the film again and see how things have moved on since it was filmed in June of 2009. Gold was $950. Silver was $15. The Gold/Silver ratio was 65. You could pick up a monster box of eagles for a cool $8000.
Though the prices and ratios have moved on, the film is entirely relevant and still one of the best ways for a newcomer to get up to speed with gold and silver. It is jam packed with information and calm analysis by the top experts in their field, who have been right since the start of the last decade. If you have a friend or family member who wants to know about metals but you can’t find the time to help them understand, or if there is someone you want to help but they just won’t listen, or even if you just want to say ‘Haha! Told you so!’….do them a favour and send them the link to this movie. Embed it on Facebook. Tweet it. The lot…
At least they won’t be able to say ‘Why didn’t you warn me?’ as they ask you for a loan!
“You know, we’re in this period where governments are abusing their currencies worldwide, and gold and silver are going to account for all of this. And like I say, there are these brief moments throughout history where the investment with the single greatest potential gains in purchasing power, is also the safest place that you can put your wealth, for the past 5000 years! And I’m not going to let that pass me up, let me tell you!”
Contents of the film:
-Currency Vs Money
-United States M3 expansion
-Fiat Currency and how it is created
-The Federal Reserve is neither federal nor has reserves
-Fractional reserve banking
-How central banks steal wealth from the people
-The second wave of mortgage resets
-Out of control deficits
-Gold always accounts for an expanding fiat currency supply
-Gold and silver above ground supplies
-Differences between the 70s bull market and now
-Silver as an industrial metal
-Gold/Silver ratio and the Price Discovery Mechanism
-Growing awareness and New Media
-Ron Paul and the Constitution
-Price suppression via metals leasing
-GATA
-Fraudulent gold accounting by the US government and the change made in May of 2007
-Price manipulation via ETFs, includes sections of the SLV prospectus
-The privacy of physical precious metals
-Real Estate vs gold and silver – less than 500oz silver to buy a home?
-Dow vs gold and silver
-Why investment advisors won’t recommend gold and why 10% of your portfolio in metals is ridiculous
-Cycles
Compare prices from: http://www.GoldSilverInsidersGuide.com
You wont find lower prices with a higher buy back guarantee.
Duration : 0:6:22
First-Time Buyers Learn A Thing Or Two About Mortgages
Overcoming their fear, Genevieve and Amy continue the Allen Tate Company Homebuying Adventures with a visit to their Mortgage consultant to learn about credit scores. Find out more at firsthome.allentate.com.
Duration : 0:3:24
Home Mortgage Loans | Mortgage Planning | FirsTrust
FirsTrustMortgagehttp://gdata.youtube.com/feeds/api/users/firstrustmortgageEducationHome Mortgage Loans, Mortgage Lender, Mortgage Planners, FirsTrust MortgageHome Mortgage Loans | Mortgage Planning | FirsTrust
Duration : 0:0:17
California Predatory Mortgage Lending Attorney Howard Law PC
http://www.howardlawpc.com – California predatory mortgage lending lawyer Howard Law PC advocates for homeowners who have experienced mortgage problems with banks and lenders.
Duration : 0:1:1
Golden Showers: Occupy Boston video from a mortgage industry professional.
http://mortgagemovies.blogspot.com/2011/09/kingcastmortgage-movies-checks-in-on.html .. And .. http://mortgagemovies.blogspot.com/2011/09/kingcast-and-mortgage-movies-return-to.html
Duration : 0:4:1
Real Estate Loan Opportunities: Mike Sim of Nevada Mortgage
http://www.simplygoodnetworking.com
Real Estate Loan Opportunities in the Las Vegas Valley presented by Mike Sim of Nevada Mortgage.
Duration : 0:4:4
Best Houston Mortgage Home Loan | 713-275-9387
http://AskZeus.com | 713-275-9387 For the best houston mortgage home loan, Ask Zeus. Zeus Mortgage is a finance company that specializes in providing creative solutions to your specific mortgage needs throughout the United States.
Years of mortgage experience and real estate investing has provided us an unparalleled ability to provide fast closings at below market fees, and we are committed to being number one in service by establishing a personal and working relationship with you.
If you are …
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Duration : 0:0:43