Welcome back!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. 
What is the formula and what essential element did the failed and bailed out banks leave out? 

Tags: Banking crisis, banks, financial crisis, make money, making money, mortgages, securitization, [...]

Owner financing is a proven strategy that will let you bypass the banks during the credit crisis.
The current economic crisis is a credit crisis. The banks are extremely reluctant to make loans, even to qualified buyers.
This credit crunch affects both buyers and sellers.
Unless buyers can pay cash, they need some sort of financing to buy [...]

The heart of the economic crisis right now is that the banks are unwilling to make loans. Even though governments are pouring money into the banking system, the banks are hanging onto the money.
The rescue program originally was sold to Congress and the public as a plan to buy mortgage-related loans from financial institutions. The [...]

The world is in economic crisis.  So far, nothing has stopped the crisis from spreading. It started with subprime mortgages, and has grown into a hydra-headed monster that is creating fear around the world as banks cut off credit.
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts [...]

The top item in the news in the last week has been the financial crisis facing the banks. Yesterday, Washington Mutual was seized by the FDIC. This is the largest bank failure in United States history. WaMu was then sold to JP Morgan Chase, to further consolidate the banking industry into a handful of giant banks.
As the debate [...]