Bill Zielinski

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The Lending Company Of AZ Reports Data Theft But Gives No Help To Those Compromised

Data Theft At Major Arizona Mortgage Company Leaves Many Questions Unanswered Major incidents of data theft seem to be occurring with alarming frequency.  Even companies with considerable resources seem powerless to prevent the theft of customer records […]

Nine Reasons Why You Should Absolutely Not Own Gold

Nine Reasons Why You Should Absolutely Not Own Gold

As the mainstream press becomes more aware of gold’s decade long advance, the chorus of reasons for not owning gold seems to become louder ever day.   What if the conventional thinkers are correct?  Is gold an over […]

Americans Stubbornly Deny All Time High In Personal Income

Americans Stubbornly Deny All Time High In Personal Income

American workers should be celebrating the latest numbers from the U.S. Department of Commerce that show personal income at all time highs.  Since taking a rather sharp dip during the recession of 2008-2009, personal income has soared […]

Will Silver Stocks Outperform Bullion At $130 Per Ounce?

Will Silver Stocks Outperform Bullion At $130 Per Ounce?

As silver moves to new highs, silver stocks have underperformed the metal.  Is there any  fundamental significance to this disparity for an investor, or have silver stocks routinely lagged  price increases in silver bullion? Theoretically, silver producers […]

FHA Zero Down Payment Financing Returns

FHA Zero Down Payment Financing Returns

Home buyers can once again purchase a home using FHA financing with a zero down payment. Previous zero down payment FHA loan programs were funded by seller contributions funneled through a nonprofit group which then donated the down […]

Latest Government Scheme For Growth – The Invisible Tax Cut

Pulling forward future demand to stimulate economic growth didn’t work with the cash for clunkers program or housing tax credits.   Car and home sales collapsed after consumers who were going to buy cars or houses anyways bought today instead […]

Borrowers Chose Strategic Default On Reverse Mortgages

When reverse mortgages were last reviewed, it was predicted that many unqualified borrowers would wind up defaulting, despite the fact that a reverse mortgage has no payment due.  As originally conceived, reverse mortgages were designed to fulfill a […]

FHA Introduces New Minimum 580 Credit Score Requirement

The FHA is introducing new guidelines on loan to value ratios and the minimum credit score required for FHA borrowers.  As detailed in a Mortgagee Letter from the Department of Housing and Urban Development (HUD), the following […]

Local Governments Join The Strategic Default Movement

As if creditors didn’t have enough worries with nonperforming consumer debt and defaulting  real estate mortgages, it now appears that another wave of debt defaults has started – this time by municipal borrowers. Consider the City of […]