Civil Rights Lost Again – Arizona

Unknown to the American Public, the 1st Amendment of the U.S. Constitution, (freedom of speech), along with other rights, were violated by Judge Karen Potts of Arizona, causing financial damage to homeowners throughout the US. A former supporter of Habitat for Humanity and other organizations for fair treatment of defendants, Potts operated outside her judicial authority by supporting mortgage fraud, and aided and abetted in grand theft of the American dream.

Everyone in the US knows what has happened in the mortgage system, first it was the recession caused by uninsured subprime mortgages and now due to mortgage fraud – foreclosures are being frozen by lenders – everyone knows this – except for Judge Potts. Here’s what happened:

On that fateful day, Potts threw the legal Mexican American immigrant family of Isai C. and Rosa M. Garcia and their children into the streets, despite a challenge to the Eviction and mortgage and foreclosure process filed in her own courthouse.

This was the first ever Arizona Eviction jury trial, Judge Potts refused to allow a jury of peers. All Hispanic jury applicants were tossed out, a highly intelligent European immigrant who spoke four languages as well, eliminated. A jury of equals to her meant 1 white man and the rest were white women, no equals. One of the women had a relationship to an Eviction company. This was a jury of peers in her Judge Potts eyes. Yes, lady justice is blind and more.

Rumor has it that in pretrial, questions to be asked were discussed between Potts, the Plaintiff Attorney Hebert and Defense Attorney Loeb, but no defendant questions were permitted by Potts. Interestingly enough, in this case there was NO plaintiff to be questioned by defense council, none appeared in court – only plaintiff’s attorney (plaintiff was US government, Freddie Mac) and a process server. All 59 questions of defense attorney were all denied by Potts. Judge Potts limited questions and evidence, making it difficult for Attorney Loeb to present a case.

What wasn’t permitted in court was critical: In August 2005, there was an illegal trade of the family’s property through MERS to another investor, and a Servicer, no legal transfer of documents between banks and beneficiaries, no notifications. By using illegal notary transactions by secretaries of the Foreclosing Trustee, and others notarizing each other’s signature they created an illegal transfer. These illegal ‘Robo Signers’ are part of what was determined weeks ago to be illegal. Still Potts allowed forged documents, not even mailed by certified mail, to be used to foreclose. The Federal government has frowned on it – but Judge Potts, refused to support fairness and participated in the foreclosure fraud by not allowing it to be questioned in this case. This judge went beyond the law, and violated Uniform Commercial Code, and might lead to a destruction of capitalism in the US.

This Robo Signing, is absolute forgery, fraud were never brought up, the jury was not permitted to hear a single word about it. Potts protected the former administration’s home mortgage fraud and permitted no evidence on record for the defendant. Her constant threats of admonishment and possible jail time to the defendant’s attorney (for not laying down and playing dead) was more her style. Perhaps, justice needs to be mute. In Pott’s case it would serve justice.

The Jury was judicially swayed in favor of the Plaintiff by Potts’ direct instruction to them to find the Plaintiff was the legal owner of the property, even though it acquired Title illegally. This deserves removal from the bench. The court reporter laughed and giggled as the Judge yelled at the Defense Attorney.

The entire American Dream is collapsing due to the former administration and its non-regulatory stance on the housing and home mortgage industry. Over 100,000 mortgages are currently in review, and over 85 million more homes are at risk right now.

Judge Potts, herself, just violated judicial code and didn’t allow a fair trial. She allowed abuse of judicial discretion and created a biased hearing prejudiced in favor of Freddie Mac. It appeared that she didn’t know how to run a jury trial. She constantly was jumping on and admonishing the defense attorney, not permitting questions or witnesses – she was stomping on the civil rights of the defendants and all U.S. citizens. She should be subjected to Judicial Review for not allowing evidence, and taken off the bench.

A review of the transcript of this trial absolutely will remove anyone’s doubts. And in the meantime, a family is set to be homeless at Judge Potts’ wrongful instructions to the jury. The 911 attack took away many civil rights of American Citizens. Judge Potts just took away the rest – is there any American Citizens willing to fight for the American Dream?

From notes taken from Case # CV2010-090145 (Maricopa County, Arizona) 10/14-15/2010 Reported by John W. of ChallengeYourLender.com a company who teaches homeowners their rights and how to challenge mortgage fraud.

The Mortgage Industry Has Befrauded You and the US Government Challenge Your Lender right now. ChallengeYourLender You’ll be shocked by discovering how you’ve been stolen from. Challenge Your Lender! This article, Civil Rights Lost Again – Arizona is available for free reprint.

The Decline Of 90% Mortgages In The UK

90% Mortgages, which can also be termed 90% loan to value mortgages or simply 90% LTV mortgages, are mortgages which are available to cover an amount of up to 90% of the value of a property. So for instance, if you were buying a property for 100,000 a 90% mortgage would be available for up to an amount of 90,000.

You can usually apply for a 90% mortgage if you are either purchasing a property or remortgaging a property which you already possess.

So why is it not possible to simply obtain a mortgage to cover 100% of the properties value? Why must a deposit of 10% be provided?

You must consider the importance of ‘equity’ to both parties; the borrower and the mortgage lender. The difference between the value of a property and the amount of borrowing secured against the property is known as the ‘equity’ or ‘equity margin’. It is the prospective financial value sitting within your property, which can be realised if you were to sell the property.

In the event that the value of your property falls to less than the total amount of borrowing you have against your property, this is referred to as a ‘negative equity situation’. In other words, you owe more than the value of your property and your property is now a ‘liability’ rather than an ‘asset’.

So should you be concerned if you find yourself in a negative equity situation? In short, yes. A negative equity situation poses a risk for both the mortgage lender and the borrower. The equity in a property acts as protection for the lender against borrowers who default. They take a charge over a mortgaged property at the outset, and have the right to repossess the property should the borrower default on their payments. But if there is negative equity, the lender would be unlikely to recover the mortgage debt in full in the event they have to repossess a property.

The negative consequences for you, the borrower, include being stuck unable to sell your property if you wanted to, unless you could come up with the additional money required to pay off the mortgage in full. Little, no or negative equity also keeps you trapped in your current mortgage deal, as no other mortgage lender will be likely to want to take your business.

So you can see why a margin of equity is so important to mortgage lenders and borrowers, and particularly so now the housing market has destabilised. Before the credit crunch hit the UK, 90% mortgages were readily available with literally hundreds of products on offer. The UK property market was on an upward curve, with some of the steepest house price rises in generations. Therefore it seemed highly unlikely that even high loan to value mortgages would fall backwards into negative equity. Therefore, borrowers and lenders were happy to do business in high loan to value mortgages at 90%, 95% and even 100%. After the onset of the credit crunch, however, the housing market has stagnated, with house prices drops reported in many areas of the UK.

90% mortgage approvals fell from 245,000 in 2006 to just 28,000 in 2009. As we move into 2011, there are continuing concerns about a stagnated or declining housing market with significant house price falls expected in some areas of the UK. UK mortgage lenders who have already shown to be reluctant to lend money on higher loan to value mortgages over the last 24 months are set to tighten their criteria for 90% mortgages even further in the short term. It is no longer possible to obtain mortgages at 95% or 100%, so 90% mortgages have become in a sense the highest risk type of mortgage available. Should house prices fall by more than 10% over the next 24 months, then anyone taking out a 90% mortgage now will fall into negative equity.

In the future, I am sure 90% Mortgages will return to greater availability, but this may not happen for quite some time. And until it does happen, the housing market is likely to remain in a state of stagnation and decline, with few first time buyers feeding into the system. It seems that for this generation anyway that 90% mortgages have had there hay day…

If you are looking for further information, take a look at this Squidoo Lens : 90% Mortgages or this Go Article : 90% LTV Mortgages

Contractor Mortgages For Self-Employed And Looking To Take A Mortgage

Since if they plan and accept money contactors accept a harder time assuming the money that they accomplish and agreement that they will abide to accomplish them, authoritative them advised as a claim risk. Contractor mortgages are something new that has afresh developed in popularity, and a scattering of mortgage lenders now baby accurately to the freelance area and contractors. Many contractors and anyone abroad that works freelance or are self-employed face problems with accepting a mortgage that has a reasonable and aggressive amount as able-bodied as low fees. This agency that they accept an actual harder time accepting a reasonable mortgage, and end up paying far added in fees.

It is difficult for a architect or anyone that is self-employed to acquisition a mortgage adequate for their needs and with adequate standards. However, they do not accede that a lot of freelance workers, abnormally contractors, in fact accomplish added money than abounding humans alive at a anchored wage. Often a freelance architect is faced with architect mortgages offered by accepted lenders that accept actual top accuse as able-bodied as top absorption rate. Abounding mortgage lenders accept a harder time alms a mortgage to anyone alive freelance or is self-employed because they anguish that they may not accept the plan accessible at all times and may end up not paying off their mortgage.

Make abiding that afore you agree your seek you analysis the mortgage action able-bodied and that you are abiding that you are blessed with the standards. Contract mortgages are now offered by appropriate mortgage lenders that accurately accomplish it their job to plan with freelance and self-employed workers in adjustment to action them the best mortgage ante available. They see the account of getting an architect and self-employed, and accept that if you run an acknowledged business that it is to their account to action you a mortgage.

Some things to look out for are that the mortgage is not self-certified mortgage, which means that you will get high charges and interest rates. Check the punitive charges and review the broker fees, there should be very little if not none. A sign that you have found a good mortgage for contractors is that there is a low deposit, annualized contract rates, and that the rates are competitive to the standard national rates, and not higher.

Overall, if you are a contractor or other freelance worker you may have had a hard time finding a non-self-certification mortgage, however, today there are mortgages for contractors especially catered to anyone that’s self employed and looking to refinance or take a mortgage. Be sure that you research properly for contract mortgages and speak to your mortgage lender to make sure that you get the best deal possible. It’s important that there are low or no broker’s fees as well as that the rates that they offer you are competitive to the standard national rates. Most importantly, whatever you do, do not get stuck with a self-certification mortgage, which will end up costing you too much with very high charges and interest charges.

Sue Mitchell An Expert On Corporate Gifts, having a large number of articles published on various well reputed internet sites. Check out for Her articles about contractor mortgages

Information Concerning Mortgages And Remortgages

There are several loans that form the group known as home loans, but two main players in this group are mortgages and remortgages.

What forms the security for both mortgages and remortgages is property, and to be more exact even the equity on a property.

Equity is the difference between the value of a property and the mortgage secured on it.

For example if a property is worth say 350,000 and the mortgage balance is 110,000, the available equity is 240,000.

Mortgages and remortgages of 100% LTV are no longer available.

Few mortgage lenders are even willing to grant 95% LTV mortgages and remortgages .Even 90% LTV mortgages and remortgages are only available from a small number of providers.

It is all very different from the past when before the credit crisis borrowers could easily obtain a mortgage or remortgage of 100% the value of the property. There was even availability of 125% mortgages and remortgages from The Northern Rock. This foolish reckless lending was naturally what caused much of the credit crunch.

Mortgages and remortgages have good rates of interest at present with the repayments on tracker deals being particularly attractive at present.

Why this is so is because they follow or track the Bank Of England base lending rate which is at the historic low on 0.05%.

At the moment tracker mortgages and remortgages are available from 1.98% for those with a maximum 60% LTV and from 1.99% for those with a maximum 70% LTV. Although there is a bit of gloom and doom in the financial sector mortgage products are still available as well as cheap.

Fixed rate remortgages and mortgages are also readily available from about 3%, and as such the mortgage and remortgage sector still offer good mortgage deals.

Please have a look at remortgages

Grab A Remortgage And Mortgage Deal When Rates Are Low

The recession gave one thing worth having and what we are talking about is that the interest rates for remortgages and mortgages became so good

The Government , as is a well known fact brought in an interest rate for the Bank Of England Base lending rate of half of one per cent which was so terribly low..

With the country in the midst of a far reaching credit crunch and with the economy of the UK constantly falling, and one of the worse slumps in the construction being experienced as the industry ground to a total stand still and builder after builder of private housing left with many on unsold houses, the building industry fell to its knees. throughout the entire country.

Properties built by well known builders were unsold and it lead to the builders granting all sorts of incentives to get rid of the homes.

Sometimes large reductions were offered with properties being sold for 800,000 being sold for 700,000.

Due to all this the Government brought in the historically low 0.05% interest rate hoping that the economy would grow because of such low rates and properties would also sell better.

Mortgages are the finance needed to purchase a property and with low interest rates available it was hoped that many more would take out a mortgage to buy a property and hopefully remortgage applications would follow.

Fixed rate remortgage and mortgages are even now available from 2.99% which is low..

Because tracker remortgages and mortgages track the base rate, remortgage and mortgage payments will go up when these rates rise.

Never the less fixed rate mortgages and remortgages are also very low at the moment with rates available from 2.45%

Fixed rates, as the title suggests,stay at the same rate for a set time period of normally twelve to sixty months, and naturally during this time the repayment of the mortgage or remortgage will not change.

These currently cheap mortgages and remortgages make it the best ever time to obtain a great deal before rates go up again , as these low remortgage deals and remortgage deals will not last for ever.

Learn more about remortgages. Stop by Champion Finance’s site where you can find out all about the best remortgage for you.

Remortgages And Secured Loans Are All Purpose Loans

When anyone takes it into their head that he needs to borrow, the thought that immediately springs to mind is what kind of loan is most suitable .

One loan that exists is the one used to buy a vehicle whether the vehicle in is a car, a motor bike, and so on, and the most popular loan taken out in a garage is hire purchase. When it is a case of hire purchase the borrower makes the same amount payment monthly for three years although periods of forty eight to sixty months are not all that unusual.

People can even lease a vehicle where a payment is made monthly for about three years, but really a lease is only like a rental and is not a good way for those who drive many miles yearly, as there is a maximum yearly mileage of 10,000 miles imposed, and after that time there is an extra charge applied for single extra mile and that will prove expensive..

Whatever way you decide to pay for the vehicle, you need a deposit.

When carrying out home improvements you can get the loan from the company carrying out the improvements whether you want a new kitchen, double glazing. a porch, etc. However this sort of loan has a high rate of interest at around 25% APR.

As such the home improvements will prove to be no bargain when funded like this , and also the borrower must put down a deposit.

Sometimes your own own bank will look at loans for home improvements, but you will have to go into the branch and take several estimates for the new kitchen, etc. with you.

However there are two more suitable and lower interest ways of arranging loans for all these reasons, and in fact for almost any other purpose, and these means are by remortgages or secured loans.

With secured loans, otherwise homeowner loans, if you prefer, , or remortgages, you do not need to go in person to the lender and neither do you require a deposit. Remortgages and secured loans can be arranged from start to finish by post or on a face to face basis at home if this is your preference..

Looking to find the best deal on homeowner loans, then visit www.championfinance.com to find the best deals on a remortgage for you.

Refinancing Loans For Financial Security

While most people get loan terms that seem great at first, over time those conditions and clauses can turn out to be disadvantages. It’s not always easy to predict the market and how it can make your loans better or worse. However, refinancing processes exist explicitly to take care of this problem, allowing people with loans to adjust the terms of the loan to fit the present situation. It really pays to take a look at the market every once in a while and consider if you’d benefit from refinancing or not.

Before refinancing, it’s vital to have a good credit rating. Your credit rating will be part of what determines the terms of a loan refinance, so you’ll want it to look solid. If you don’t know what your credit rating is, it’s worth it to hire a company to check up on it. And of course, it goes without saying that you should always do your best to make your payments on time anyway.

If you find out that your credit history is bad, then don’t go for a refinance right away unless you desperately need it. By waiting until you improve your credit history, you can get better refinancing terms later on. Even just a few months of making your payments on time can make a big difference, so don’t get impatient.

Shop around and compare companies and plans to get the best refinancing plan possible. There are a lot of lenders looking for reliable borrowers with a proven history of making payments. There is no hurry to refinance, so you don?t have to take the first offer you receive, even if it looks good. Often when you compare rates along with fees, and payments the first look is not quite as good. Find a lender that is trustworthy and makes you the best overall deal. A well informed decision can take time but will be well worth the effort.

There’s no need to rush a refinancing decision. Get to know the companies you’re considering, and ask for help if you need it. Even if you consider each option in detail, the older companies will still be around if you reject the later ones.

Many people use refinancing to increase their holdings. You can use refinancing to buy more land and increase your acreage, or even land you think will make a profit somewhere else. You can even use refinancing your property loan to help you invest in opportunities other than real estate if you want. Refinancing can be the motivating force to help you invest in stocks, buy into an existing business, or even start a business of your own.

Use your refinance wisely by improving the value of your property. With the money saved through refinancing, you can remodel, upgrade or otherwise improve your home or property. This further increases your equity, since the value of the property itself increases. If you’re improving rental properties, you will be able to command higher rental rates as well, again increasing income while decreasing your monthly payments.​

Susan Reynolds is the webmaster for a leading South African bond origination portal. For more information visit: http://www.bondcredit.co.za/

Mortgage Brokers Can Help Consumers

Mortgage brokers have become an important part of bringing financing to homeowners. Banks and credit unions offer consumers services that brokers cannot, but they also have more regulation and hold much higher standards than brokers.

Mortgage brokers are regulated in Canada by the Financial Services Commission. They offer mortgage brokers courses to license their brokers and to regulate the market to maintain high standards in the industry. In order to become licensed the regulatory commission requires that prior to becoming a brokerage, that time is spent as a mortgage agent in Canada. There are classroom requirements before anyone is allowed to take the mortgage brokers licensing exam.

Brokers work with banks to provide consumers with a product that is best for the consumers transaction. Brokers receive many contacts from real estate agents to assist their clients in finding financing. A broker will complete the process of closing on the loan by gathering all the needed papers in order for the bank to process the loan. They follow the loan from beginning to end, orchestrating an easy transaction. Banks are relying on brokers to create more business and to help them bring complete the real estate loan to closing.

The reasons someone seeking a loan would want to work with a broker are usually because they receive lower interest rates. Because a broker is more flexible than a bank, they create a more enjoyable experience for the consumer who may have a more complicated situation. Although banks can offer consumers more than just loans brokers can find new products because they are scouring many banks and many different programs that other lenders offer.

Brokers can usually offer lower interest rates for their clients because they are working in the wholesale market. But a consumer should become educated in the fees that their broker is charging before the close a loan. Many times these fees will outweigh the lower interest rate. Today all brokers must disclose this information prior to closing the loan.

For this reason it is not hard to understand why mortgage brokers and real estate agents work so closely together. In many cases both feed each other business as this is a great way for each to network for new clients. This also reassures the clients that either party can provide full service when trying to find the perfect home. No matter where the client begins, either with the broker or the real estate agent, they can be assured that both will be able to refer them to the other.

Mortgage brokers have come under attack in the wake of the recent economic downturn. New legislation has helped to keep the industry free of unlawful practices. This is one reason that mortgage broker courses are so important. They protect both the consumer and the broker.

If the consumer does not pay the mortgage broker, the lender pays the commission and generally recoups the commission in interest or fees. It is important to note that the mortgage broker deserves to be paid for his services and in a highly competitive industry is generally priced to win the consumers business that will withstand a long and trusting relationship.

A career as a Mortgage broker can be very rewarding. If you have a good head for numbers, consider enrolling in Mortgage broker courses.

Reasons To Consider A Refinance Home Loan

When many consumers consider refinancing a home mortgage, they often wonder if they should refinance their mortgage loan or not. There are many reasons to refinance a home, so when considering a refinance, it is important to make sure that there is a benefit to the new mortgage loan. Without a benefit to the new mortgage loan, there is no need to refinance.

Lower Monthly Home Mortgage Loan Payment

One of the main reasons people consider a refinance home loan is to lower the monthly payment. Refinancing can save you money per month by decreasing the loan payment. The rule of thumb is that a refinance mortgage is good if the home mortgage loan payment decreases by at least 5%. So, if your current mortgage payment is $1000, then the new home mortgage loan would need to have a payment no higher than $950. Many home loan companies will not approve a refinance if there is not a benefit to the new home mortgage loan and many home loan companies use the 5% rule as to determine if the new home mortgage has a benefit or not.

Lower the Mortgage Term

One of the most common refinancing reasons is to lower the term. Many people will refinance from a 30-year mortgage to a 15-year mortgage in order to payoff the home mortgage loan quicker. By refinancing into a 15-year loan, not only do you save money on the interest rate, but you will save money over the lifetime of the home mortgage loan. With current interest rates low, 15-year mortgages have become a common option for many homeowners.

Cash Out Mortgages

For many people, a cash out mortgage is a great opportunity to use the equity in their house to pay off debts, do home improvements or to just get some extra cash out. A cash out mortgage refinance can help lower total monthly debt payments by consolidating credit cards, car loans, installment loans and mortgage loans into one payment. By consolidating debts into one payment, many consumers have saves thousands per month.

Escrow Accounts

A home mortgage refinance can also be used to catch up a consumer on their escrow account or help pay off any delinquent property taxes. At times, some homeowners can get behind on their escrow accounts because property taxes and homeowner’s insurance premium change yearly. If the escrow account becomes too short, many home loan companies will increase the month payment in order to catch up on the negative escrow account. Sometimes the increase mortgage loan payment is over $500. By refinancing, the homeowner has the power to restructure the escrow account.

Also, if a consumer is behind on property taxes, a refinance could help pay the property taxes.

Finally, it is important that when considering a refinancing home loan, that there is a benefit to the new home loan. Without a benefit to the new home mortgage loan, many home loan companies will not approve the loan. So whether you are looking to lower your rate, lower your monthly payment, lower your loan term or take cash out, talk to your home mortgage loan originator to see what benefits you have in refinancing.

David White is a Mortgage Advisor with the Texas Home Loan Team at Prospect Mortgage. Complete our home mortgage refinance form today to see if refinancing your home can save you money. See how a refinance home loan can benefit you today!

Remortgages And Secured Loans Fit Every Bill

Having decided to buy something expensive , the t next thought must be about the best way to pay for it.

Whenever big purchases are needed such as a car for example or a caravan, etc.the majority of people require to get extra money/.

There are a number pf methods of getting funds for such things as motor car loans, wedding loans, personal loans, etc.

An unsecured loan, is a loan advanced to an individual, is these days virtually impossible to obtain..

Car loans are needed for car purchase ,when the vehicle is being bought from a car dealer. Often however the interest rate is high unless there is a special low interest deal being given for some reason by the manufacturer and the main reason is that the particular model is hard to sell.

Another sort of loan is the home improvement one which pays for home improvements . These loans can be done by the company employed to carry out the work.

The disadvantage of this loan is that, when arranged by the home improvement company, the interest rate is costly at about 25% APR.

Sometimes some one wants to celebrate a special birthday or anniversary in a luxury hotel on a sunny golden beach and want a loan to pay for the vacation. A loan for holidays can be taken out with the bank but these loans usually have to be paid back within twelve months making the repayment sometimes too high.

People who own their property have two ways to raise money that can do away with the need for any other sort of borrowing and these ways are secured loans, otherwise called homeowner loans, and remortgages.

Remortgage have interest rates starting from 2.99% for fixed rate remortgages and only 1.84% for tracker remortgage. Secured loans have rates from about 9% APR.

Rates are low at from 1.84% for remortgages and from about 9% for homeowner loans.

An extra feature of these two home loans is that they can be used for all the above reasons as well as remortgages and secured loans also forming debt consolidation loans which unite all other debt and credit cards, etc. in to the one lower monthly repayment.

Ot is obviously stupid for people who own their property to consider anything apart from remortgages and secured loans when they want extra cash..

Want to find out more about debt consolidation loans, then visit Champion Finance’s site on how to choose the best deal for a remortgage.

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