HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Congressional Oversight Committee: TARP Shortchanged Homeowners
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Congressional Oversight Committee: TARP Shortchanged Homeowners
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Congressional Oversight Committee: TARP Shortchanged Homeowners

March 25, 2011 (Chris Moore)
mortgage-bailout-image
In one of its last reports issued before its demise, the Congressional Oversight Committee (COC) faulted the Troubled Asset Relief Program (TARP) for failing to spend enough money to curb foreclosures. TARP was launched by the Bush Administration in response to the 2008 financial crisis, but was also to include aid to help struggling homeowners.

In the report, COC credited TARP for providing critical support at a time of profound uncertainty citing the restructuring of insurer American International Group Inc. (AIG) and providing aid to the ailing automakers as examples of the programs success.

However, Sen. Ted Kaufman, chair of the COC commented that in his opinion, more money was spent on bailing out Wall Street and too little was left in aid to ailing homeowners.

“One of my major concerns is that there was a heck of a lot more attention paid to Wall Street than there was to Main Street,” said Kaufman.

The original forecast for the federal bailout of the U.S. financial system was expected to cost as much as $700 billion. TARP was created to facilitate the dispersal of the funds. The Treasury Department originally allocated almost $46 billion for three major housing programs to help distressed homeowners, but according to the panel, only about $1 billion in TARP funds has been spent on government anti-foreclosure programs.

The lack of success of these programs has led House Republicans to terminate all of the Obama Administrations anti-foreclosure programs except for the Home Affordable Modification Program (HAMP), which is expected to be voted on next week.

Despite the fact that the Obama Administration has threatened to veto any such bills and the Senate has declared they will not take up any of the anti-foreclosure bills, Republicans continue to press on and at the very least are sending a very strong message.

At the time TARP was enacted, it was impossible to know exactly how much the program would ultimately cost. TARP is now expected to cost the taxpayers about $25 billion after all the paybacks which makes the $1 billion used to aid the ailing homeowners seem pretty insignificant compared to the $699 billion used to bailout Wall Street.

Kind of makes you wonder who our government works for.

Tags: Congressional Oversight Committee, TARP, HAMP, ailing homeowners, Wall Street, Main Street, Treasury Department, House Republicans

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 25, 2011 (Chris Moore)
mortgage-bailout-image
In one of its last reports issued before its demise, the Congressional Oversight Committee (COC) faulted the Troubled Asset Relief Program (TARP) for failing to spend enough money to curb foreclosures. TARP was launched by the Bush Administration in response to the 2008 financial crisis, but was also to include aid to help struggling homeowners.

In the report, COC credited TARP for providing critical support at a time of profound uncertainty citing the restructuring of insurer American International Group Inc. (AIG) and providing aid to the ailing automakers as examples of the programs success.

However, Sen. Ted Kaufman, chair of the COC commented that in his opinion, more money was spent on bailing out Wall Street and too little was left in aid to ailing homeowners.

“One of my major concerns is that there was a heck of a lot more attention paid to Wall Street than there was to Main Street,” said Kaufman.

The original forecast for the federal bailout of the U.S. financial system was expected to cost as much as $700 billion. TARP was created to facilitate the dispersal of the funds. The Treasury Department originally allocated almost $46 billion for three major housing programs to help distressed homeowners, but according to the panel, only about $1 billion in TARP funds has been spent on government anti-foreclosure programs.

The lack of success of these programs has led House Republicans to terminate all of the Obama Administrations anti-foreclosure programs except for the Home Affordable Modification Program (HAMP), which is expected to be voted on next week.

Despite the fact that the Obama Administration has threatened to veto any such bills and the Senate has declared they will not take up any of the anti-foreclosure bills, Republicans continue to press on and at the very least are sending a very strong message.

At the time TARP was enacted, it was impossible to know exactly how much the program would ultimately cost. TARP is now expected to cost the taxpayers about $25 billion after all the paybacks which makes the $1 billion used to aid the ailing homeowners seem pretty insignificant compared to the $699 billion used to bailout Wall Street.

Kind of makes you wonder who our government works for.

Tags: Congressional Oversight Committee, TARP, HAMP, ailing homeowners, Wall Street, Main Street, Treasury Department, House Republicans

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 25, 2011 (Chris Moore)
mortgage-bailout-image
In one of its last reports issued before its demise, the Congressional Oversight Committee (COC) faulted the Troubled Asset Relief Program (TARP) for failing to spend enough money to curb foreclosures. TARP was launched by the Bush Administration in response to the 2008 financial crisis, but was also to include aid to help struggling homeowners.

In the report, COC credited TARP for providing critical support at a time of profound uncertainty citing the restructuring of insurer American International Group Inc. (AIG) and providing aid to the ailing automakers as examples of the programs success.

However, Sen. Ted Kaufman, chair of the COC commented that in his opinion, more money was spent on bailing out Wall Street and too little was left in aid to ailing homeowners.

“One of my major concerns is that there was a heck of a lot more attention paid to Wall Street than there was to Main Street,” said Kaufman.

The original forecast for the federal bailout of the U.S. financial system was expected to cost as much as $700 billion. TARP was created to facilitate the dispersal of the funds. The Treasury Department originally allocated almost $46 billion for three major housing programs to help distressed homeowners, but according to the panel, only about $1 billion in TARP funds has been spent on government anti-foreclosure programs.

The lack of success of these programs has led House Republicans to terminate all of the Obama Administrations anti-foreclosure programs except for the Home Affordable Modification Program (HAMP), which is expected to be voted on next week.

Despite the fact that the Obama Administration has threatened to veto any such bills and the Senate has declared they will not take up any of the anti-foreclosure bills, Republicans continue to press on and at the very least are sending a very strong message.

At the time TARP was enacted, it was impossible to know exactly how much the program would ultimately cost. TARP is now expected to cost the taxpayers about $25 billion after all the paybacks which makes the $1 billion used to aid the ailing homeowners seem pretty insignificant compared to the $699 billion used to bailout Wall Street.

Kind of makes you wonder who our government works for.

Tags: Congressional Oversight Committee, TARP, HAMP, ailing homeowners, Wall Street, Main Street, Treasury Department, House Republicans

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS