Alternative to HARP 3.0

Can't make it on a DU or LP Refinance HARP because your loan wasn't sold to Fannie or Freddie?
If you got your loan prior to May 31 2009 and have paid as agreed I may have a product which
lowers your rate.

No modification
No forgiveness of debt allowed
No cash to borrower more than $250
Refinance first trust deed only
No cash out
Primary, Second Home, investment homes okay up to 4 units
Minimum FICO score 620 middle mortgage
NO GSE


Call me to run numbers for you

Let's see what we can do to reduce your monthly payment!
Rates are down don't wait!

Terms and conditions apply

C G
Carolne Gerardo Barbeau
(949) 784-9699

https://carolinegerardo.eaglehm.com/ 



NMLS 324982

this is not a 3.0 that everyone waited for the government to roll out, and now probably will not,
this is an alternative
call for the ins and outs
Come on down to the beach off Costa Mesa :)

Shame On Equifax

masked hackers 

I'm one of the millions probably everyone who has credit in the United States and Canada who Equifax gave my personal information to the Russian mob, crazy terrorists and North Korean hackers. Equifax offers a crummy credit monitoring service in exchange for this damage. Don't be stupid enough to go through the same website Equifax allowed bad guys to enter! Big E's credit monitoring is a joke. Big E does NOTHING to protect consumers. Bad guys can open credit in my good name even after I die thanks to Equifax. Right now Big E is in meetings coming up with a spin on how they SHARED your private life information with every bad guy.

This is the most serious credit breach ever disclosed. Equifax gave enough information for anyone to open credit, buy a house, buy a car, get into your bank accounts from now until the end of time.

I want to opt out of Equifax because they are sloppy, careless and continue stupid mistakes, but this is impossible because they hold us all hostage. But sorry, you can't opt out of Equifax.
The hacker got into Equifax's main frame information bank by downloading a person's credit report, then found a way to see what the Big E says is 134 million accounts. Assume Equifax lies, it's a billion records they hacked.

What makes me mad is Equifax kept this secret for months. Not until an employee whistle blower let it be leaked does Equifax come out and admit they gave my social security number, date of birth, driver's license number, home address, home phone and email to evil doers. Notice they let the leak out when everyone is watching news about the hurricanes, a marketing cover ploy. 

Short EFX stock

Here's what the CEO Rick Smith says:

 Equifax Inc. (NYSE: EFX) today announced a cyber security incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorized access occurred from May through July 2017. Cough cough the big E (one of the three American credit cops) have known about this for two months. 

The information accessed includes names, Social Security numbers, birth dates, addresses and, driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed. As part of its investigation of this application vulnerability, 

BIG E you are despicable. 

For more information visit the FAQ sorry fu page"

Rick SMITH CEO you are fired. 

Here's the hacker's ransom request:

"Equifax executives sold 3 million dollars in shares taking advantage of their insider information after the attack," notes the hacker's website. "We believe that 600 BTC is a fair amount ransom."

The hackers ransom my (and probably your) information for $2,600,000 today. They say they will post all our information if not paid by the 15th of September.

Once personal information floats out there - anyone can buy a house, a car, get a credit card in my good name and I will be stuck fighting this until I die.

Updates on my request to force Equifax to erase my file and success with 2 banks agreed to stop selling my monthly tapes of credit information here:

http://cgbarbeau.blogspot.com/2017/09/tell-equifax-to-go-to.html

Dear Hackers 

If I may address you. Please don't post my personal information, Go ahead and put up everything you know about RICK SMITH.  He sold stock options BEFORE this scandal was public as well as other key and highly paid employees. Report them to the SEC and CFBP for fraud, insider trading, and lack of fiduciary duty. Orange jump suits for Equifax employees.

If you are an Equifax employee who sold any EFX stock between May 2nd and today, the SEC is going to find you.
I assume a great number of employees knew -even the marketing department was ramping up campaigns and spend un-tethered dollars to fight the impending doom. The Big E was running ads on internet, television and radio in incredible volume in July and August to hide this scandal. Big E spend ten times their normal marketing advertising budget in July and August to cover up the mess.

Filings show three Equifax executives — Chief Financial Officer John Gamble, U.S. Information Solutions President Joseph Loughran and Workforce Solutions President Rodolfo Ploder — completed stock sales on Aug. 1 and 2nd
Laura Louise Wilbanks Chief Marketing OFFICER dumping EFX stock when CEO and management begin huge marketing campaign to save the ship BEFORE they release the bad news
Loughran Joseph Michael II 

Stock down to 99 today from high of 170 before the bad news
And now to relax your soul because you read this far:

Copyright © Caroline Gerardo September 2017 all rights reserved

How A Reverse Mortgage Helps Mom and Dad

Mom keeps her rose garden with a Reverse Mortgage

The advantages and disadvantages of a reverse mortgage

Mom or Dad get older and retirement income doesn't meet their basic needs. You may not have
the cash flow to send them money every month. They may be silent about the struggle to cut coupons and make ends meet.

He or She or both have equity or cash value in their home.

They want to stay in the home until the die.

Neighborhood friends, church and stores are familiar. There's a boy down the street who walks the aging dog. The family next door greets and waves each time the parents come or go. It's easy to know where you are going and walk the sidewalks. Familiarity over time makes a place become a home.

Change is difficult for the elderly. Packing mementos, giving away belongings and down sizing to smaller home does not always bring happiness. Living in assisted care facility seems safer to children who live far away because there are professionals to check on Mom or Dad. You sell your parent(s) on bridge, golf, and activities but the loss of privacy, loss of history and lack of freedom is hard for them to accept. For me not being able to garden would make me depressed.

A reverse mortgage allows Mom or Dad or both to stay in their home. Increase monthly cash flow pays for prescriptions, food, travel and little luxuries they couldn't previously afford. 

A reverse is a government loan also called a HECM - organized like a backwards Home Equity Line.

The home ownership obligations with a HECM are property taxes, fire insurance (or flood if in mapped area) and Homeowner Association fees due (if any). The borrowers keep the property in their own names. they can live there until they pass away. Remaining equity, is then distributed upon refinance or sale of the home.

The Disadvantages are:

They are very expensive and after October 1 2017 the Trump Administration is increasing the costs.

Find out all the rules, ins, outs, and take a loko at the new reverse mortgage. It might be a good tool for your family.

Terms and conditions apply

NMLS 324982

C G Barbeau

(949)  784 - 9699 cell

949 South Coast Drive # 240

Costa Mesa, CA 92626

HELOC Rates Rise

HELOC coming due in full?

Home Equity Loan rising?

Second Mortgage rate increase?
Home Equity Lines Of Credit are seeing rates rise
and becoming due in full as they age

Call me for solutions

(949) 784- 9699

C G

NMLS 324982

Although rates on first trust deeds decreased this past two days, prime seconds will not

If you have a Home Equity Line of Credit (HELOC) you should be concerned where your rate and monthly payment will be in the future

$100k line at 5.25% = $522

Take the rate @ 10% = $877

Take the rate @ 18% = $1,507

Most of these lines of credit have a lifetime cap of 18%.

Prime Rates rise for HELOC

United States Average Monthly Prime Lending Rate  Forecast 2016-2020

Bank Lending Rate in the United States is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations.

Looking forward, we estimate Bank Lending Rate in the United States to stand at 4.25 in 12 months’ time. In the long-term, the United States Average Monthly Prime Lending Rate is projected to trend around 5.25 percent in 2020, according to our econometric models.

Given the forecast, Home Equity Lines of Credit are getting pretty expensive. Get ahead of the curve and let us help you get into a fix loan.

Don’t gamble your home, moved to a fix loan!