Credit Card Debt

Warehouse Line Of Credit


Line Of Credit


Secondary market. (lowering the risk weighting for warehouse credit lines and loans): An article from: Mortgage Banking [H] [T] [M]

Michael S. Taliefero (Digital) Mortgage Bankers Association of America 1992-01-01
Release date: 2005-07-28


Price: $5.95 $5.95

Answers

Can anyone tell me the difference between warehouse line of credit and repo line of credit in mtge lingo?



I've never heard either term.

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what is the most common index used in warehouse lines of credit?



I think you are best off asking that question of mortgage bankers. Google that, then start calling.Even I don't know that one.

Where would you make a complaint against an on-line company that ripped you off?

I ordered some wedding program paper from a wedding accessories company on-line. I paid $21.00 for 2nd day air shipping. Two weeks later I get a notice by email that my shipment is on its way after I have already had to go out and buy something else. They said to refuse the shipment and they would issue credit, but they charged me for the shipping! They did not notify me that the item was out of stock. They said they shipped it after they got it back in their warehouse. What would you od?
If I am paying for 2nd day air, it would be ethical to let me know at least by email that my order is out of stock. As a supplier for weddings they should know that time is of the essence. They do not have a number posted on their website, or I would have called them. I emailed to find out where the shipment was and didn't hear back for several days.


go to rip off report.com and tell ur story

Starting import/export business?

My father and I basically want to get into the import/export business by just buying a warehouse to hold import/export products and charging fees for holding the products. Neither he nor I know how to go about doing this. We are in California and I am sure the ways to go about this vary from state to state. We have a $250,000 business credit line to use and would want to know if this is a good amount to start with. Any help would be greatly appreciated. Thanks!


Need to contact the Small Business Admin. Both the Federal and state. Also a good E/P attorney wouold be very helpful too.

All Dummies to the front of the line. What do you think america?

BREAKING NEWS !!!

LEGISLATIVE ALERT !!!

The Americans With No Abilities Act



Washington , DC - (Dateline February 18, 2009)



President Barack Obama and the Democrat-controlled Congress are considering sweeping legislation that will provide new benefits for many Americans. The Americans With No Abilities Act (AWNAA) is being hailed as a major legislative goal by advocates of the millions of Americans who lack any real skills, knowledge or ambition.



"Roughly 50 percent of Americans do not possess the intelligence, competence and drive necessary to carve out a meaningful role for themselves in society," said California Senator Barbara Boxer - Democrat. "We can no longer stand by and allow People of Inability

(POI) to be ridiculed, passed over for promotions, or even worse - fired - for no reason except for their lack of any ability or motivation to do any given job. With this legislation, employers will no longer be able to grant special favors to a small group of workers, simply because they have some idea of what they are doing or a willingness to learn it."



In a Capitol Hill press conference, House Speaker Nancy Pelosi - Democrat, and Senate Majority Leader Harry Reid - Democrat - pointed to the success of the U.S. Postal Service, which has a long-standing

policy of providing opportunity without regard to performance.

Approximately 74 percent of postal employees lack any job skills, making this agency the single largest U.S. employer of Persons of Inability. Harry Reid pointed also to the public school system as another long-time leader in the field of providing secure employment opportunities to POI.



Private-sector industries with good records of non-discrimination against POI include retail sales (72%), the airline industry (68%), and home improvement warehouse stores (65%). At the state government level, highway public works departments, and the Department of Motor Vehicles both have excellent records of hiring Persons of Inability (93%).



Under AWNAA, more than 25 million mid-level positions will be created, with important-sounding titles but little real responsibility, thus providing an illusory sense of purpose and performance while building self-esteem and providing more candidates who will eventually be promoted into actual senior management positions with even higher salaries and even fewer actual responsibilities.



Mandatory non-performance-based raises and promotions will be given so as to guarantee upward mobility for even the most unremarkable or unproductive employees. The legislation provides substantial tax breaks to corporations that promote a significant number of Persons of Inability into middle-management positions, and gives a tax credit to other businesses that agree to hire one clueless worker for every two talented hires. Utility and cable companies, followed closely by computer customer support departments, are lobbying to have past such hires become eligible for these tax incentives.



Finally, the AWNAA contains tough new measures to make it more difficult to discriminate against the non-abled, banning, for example, such blatantly discriminatory interview questions such as, "Do you have any particular skills, knowledge or experience that relate to this job?"



"As a Non-abled person, I can't be expected to keep up with people who have something going for them,"said Mary Lou Gertz, who lost her position as a lug-nut twister at the GM plant in Flint, Michigan, due to her chronic inability to remember "rightey tightey, lefty loosey." Gertz added, "I shouldn't have to be a rocket scientist to keep my job and this new law should be real good for people like me." With the passage of this bill, Gertz and millions of other untalented citizens will finally see a light at the end of the tunnel and be able to secure well-paying, tenured jobs just like other people who simply are more motivated and productive but otherwise identical to workers such as Gertz.



Said Senator Dick Durbin (Democrat-IL), "As a Senator with no abilities, I believe the same privileges and benefits that elected officials enjoy ought to be extended to every other American with no abilities. It is our duty as lawmakers to provide each and every American citizen, regardless of his or her inadequacy, with some sort of space to take up in this great nation and a good salary for doing so."





"You're supposed to sit on your ass and nod at stupid things.
Man, that's hard to do."


love it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thanks.

What do you think the penalty will be for anyone caught cheating. You know playing dumb.


  • Buy Cheap

  • Warehouse Line Relief, but only for Big Banks

    Warehouse line relief is coming in small waves, but only for the big banks, despite the fact that small and community banks (as we have consistently been pointing out) are the most stable, have greater trust from their customers and would benefit the most from a solution to the warehouse liquidity crisis!

    Read our recent article in Mortgage Orb: “ REQUIRED READING: How Independent Mortgage Bankers Can Survive The Warehouse Crisis “

    Restoring the productivity of the U.S. mortgage marketplace is a critical, perhaps linchpin, element of both domestic and global economic recovery. Despite conditions ripe for our industry to experience resurgent and restorative volume, independent mortgage bankers have been restrained by a massive retreat from warehouse-line lending. (More)

    ...

    Read more...

    News

    Tree.com Gets $50m Warehouse Line Extension from PNC Bank

    Housing Wire - Dec 29, 2009

    In this case, while PNC is exiting its warehouse business, meaning it will no longer extend warehouse lines of credit, the firm is honoring its existing and more »
    SYNERGX SYSTEMS INC Reports Operating Results (10-K)

    GuruFocus.com - Dec 30, 2009

    and are subject to changes in funding by the related agencies for these projects (which requires the Company to maintain a large bank line of credit).
    Ba-Le entrepreneur stakes his future on new Hawaii location

    Honolulu Advertiser - Dec 28, 2009

    A giant warehouse in Iwilei that produced cardboard boxes for about 50 years is about to become more inviting to consumers as the home of a and more »
    S&P Mulls Costco Rating Upgrade Amid Strong Profitability

    Wall Street Journal - Dec 12, 2009

    S&P Mulls Costco Rating Upgrade Amid Strong ProfitabilityStill, the nation's top warehouse-style retailer reported results largely in line Wall Street's expectations. S&P said the company's focus on necessities and more »
    MBA Study Shows Narrowing in Profit Margins For Independent Mortgage Bankers ...

    RealEstateRama - Dec 18, 2009

    тАв Net warehousing income, which represents the net interest spread between the mortgage rate on a loan and the interest paid on a warehouse line of credit and more »
    Connector road between Exit 8 of I-81 and US 11 set to open next week

    The Herald-Mail - Dec 30, 2009

    Since the development authority acquired more than 300 acres for the business park in 2004, 84 Lumber Co., A&S Warehouse and 167th TFR Federal Credit Union
    Board: Farmers led people to safety

    Chickasha Express Star - Dec 30, 2009

    Grady County Emergency Management Director Dale Thompson said his warehouse keeps about 200 blankets and cots for just such emergencies. and more »