No Money Limits Blog

Court Rules On Illegal Foreclosure Process For Bank Mortgages

By Kalinda Rose Stevenson, Ph.D. Unlawful Foreclosure Process The law matters. That is the fundamental point of the landmark decision by the Massachusetts Supreme Judicial Court concerning unlawful foreclosures by two of the nation’s largest banks. This is one more decision about how an illegal foreclosure process continues to wreak havoc on the economy and [...]

A Ruling Against Bank Foreclosures Reveals A Dirty Secret Bankers Don’t Want Real Estate Owners To Know

By Kalinda Rose Stevenson, Ph.D. The true story about bank mortgages is that many of the mortgage foreclosure actions taken by banks have been illegal, for the simple reason that the banks were not the holders of the mortgages at the time of foreclosure. The Supreme Judicial Court of Massachusetts issued a unanimous decision about [...]

Facing Foreclosure – Do You Want Mortgage Relief?

By Jim Stevenson Are you currently facing foreclosure and looking for mortgage relief? If you have already received a Notice of Default (NOD) or are in danger of receiving one, then you may be feeling trapped in your current situation. But There’s Hope for Your Underwater Mortgage If you owe more than your home is [...]

Mortgage Relief For Underwater Mortgage Debt – Do You Qualify

By Jim Stevenson Are you looking for home mortgage relief from underwater mortgage debt? Well, you’re not alone. Today many people find themselves in a position where they would like to stay in their home but they can’t afford their current mortgage payments. What Can You Do? What Are Your Options? The federal government has [...]

Feeling Abundantly Alive Now

By Kalinda Rose Stevenson If Not Now, When? When are you going to feel abundantly alive? Will it be when you are debt free? Or when you reach a certain annual income? $50,000? $100,000? $250,000? $100,000,000? When your investment account reaches $5,000,000? The most critical word in “abundantly alive now!” is “now.” Right now. Not [...]

Is Gambling A Good Way To Make Money Fast?

By Kalinda Rose Stevenson Gambling To Make Money Fast Gambling is a way to get money fast. The question is, does gambling really teach you what you need to know about how to make money? See the complete post, Is Gambling A Good Way To Make Money Fast? , on No Money Limits For Your No Money Limits [...]

Banks’ Self-Dealing Super-Charged Financial Crisis

by Jake Bernstein and Jesse Eisinger ProPublica, Aug. 26, 10:09 p.m. Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history. Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on [...]

Make Money Formula: Entrepreneurs…Do You Know The One Essential Ingredient The Bankers Left Out?

The "make money" formula is really very simple, yet some of the biggest banks in the world got it wrong because they left out one essential ingredient. They knew how to make money by creating mortgages, but they ignored the critical element of value. This means that the most reliable method to financial success is to follow the simple formula. "If you want to "make" money, sell something of value at a profit.

Financial Crisis Silver Lining: The Money-Making Mindset Entrepreneurs Can Learn From Bankers

For entrepreneurs, the most powerful silver lining behind the devastating financial losses of the banking meltdown is to think about your business with the money-making mindset of a banker. The most important financial insight business entrepreneurs can learn from bankers is that bankers know that they are in the money-creation business.

Banking Crisis: Why The Banks Went Broke Making Money From Mortgage Loans

The banking crisis that started in 2008 resulted from a system that combined both greed and privilege. Banks can make money out of thin air by making mortgage loans. As a result of subprime lending and mortgage securitization, banks of with billions of dollars of mortgage assets on the books found themselves billions of dollars in debt.