Monthly Archives: May 2008

05/28/2008 What is the role of local city municipalities in all this?

FAQ #18: What is the role of local city municipalities in all this? The SwapRent (SM) program is meant to be a Main Street solution, rather than another Wall Street gimmick. Despite many people’s infatuation with the Wall Street investment … Continue reading

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05/27/2008 What about those shared appreciation mortgages, aren’t they options, or derivatives too?

FAQ #16: What about those shared appreciation mortgages, aren’t they options, or derivatives too? If so, aren’t Fed Governors and Presidents recommending the use of these derivative products for homeowners to solve the current housing crisis? Yes indeed you could … Continue reading

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05/27/2008 What about those shared appreciation mortgages, aren't they options, or derivatives too?

FAQ #16: What about those shared appreciation mortgages, aren’t they options, or derivatives too? If so, aren’t Fed Governors and Presidents recommending the use of these derivative products for homeowners to solve the current housing crisis? Yes indeed you could … Continue reading

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05/27/2008 Is it potentially dangerous and troublesome to market derivatives based financial products to consumers?

FAQ #15: Is it potentially dangerous and troublesome to market derivatives based financial products to consumers? There are indeed many unjustified public misconceptions about financial derivatives. Every time the public heard of derivatives in the press was when some derivatives … Continue reading

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05/26/2008 What is the difference between HELM (Home Equity Locking Mortgage) or the SwapRent (SM) embedded mortgage product and the Shared Appreciation Mortgage (SAM) that politicians are proposing recently?

FAQ #13: (added on May 26th, 2008) What is the difference between HELM (Home Equity Locking Mortgage) or the SwapRent (SM) embedded mortgage product and the Shared Appreciation Mortgage (SAM) that politicians are proposing recently? From our numerous earlier efforts … Continue reading

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05/25/2008 Doesn’t Dean Baker’s “Own-to-Rent” proposal have some similarity to your SwapRent (SM) plan?

FAQ #12a: Doesn’t Dean Baker’s “Own-to-Rent” proposal have some similarity to your SwapRent (SM) plan? I have had email exchanges with Dean Baker since August 29th, 2007. He is quite familiar with the details of our SwapRent (SM) and its … Continue reading

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05/25/2008 Doesn't Dean Baker's "Own-to-Rent" proposal have some similarity to your SwapRent (SM) plan?

FAQ #12a: Doesn’t Dean Baker’s “Own-to-Rent” proposal have some similarity to your SwapRent (SM) plan? I have had email exchanges with Dean Baker since August 29th, 2007. He is quite familiar with the details of our SwapRent (SM) and its … Continue reading

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05/25/2008 What is the difference between SwapRent (SM) and the recent promotion of an “Own-to-Rent” plan?

FAQ #12: (added on May 25th, 2008) What is the difference between SwapRent (SM) and the recent promotion of an “Own-to-Rent” plan? There indeed seems to be a lot of effort to promote this variation of the conventional “Sale and … Continue reading

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05/25/2008 What is the difference between SwapRent (SM) and the recent promotion of an "Own-to-Rent" plan?

FAQ #12: (added on May 25th, 2008) What is the difference between SwapRent (SM) and the recent promotion of an “Own-to-Rent” plan? There indeed seems to be a lot of effort to promote this variation of the conventional “Sale and … Continue reading

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