Pittsburgh: Putting Iran on notice, President Barack Obama on Friday said it must "come clean" on its nuclear programme at October 1 talks with P5 Plus1 countries and that the international community is united in its opposition to Tehran's atomic programme.
The US President also warned that he had not ruled out any option, including military action, to deal with Tehran's nuclear programme, but said his preferred course of action is to resolve this in a diplomatic fashion.
"I think Iran is on notice that, when we meet with them on October 1, they are going to have to come clean and they are going to have to make a choice," Obama told a press conference flanked by his French counterpart Nicolas Sarkozy and British Premier Gordon Brown at the end of the G20 Summit.
Obama's statement comes hours after the existence of a second uranium enrichment facility in Iran came to light and a week before a rare meeting between Iran and the five permanent United Nations Security Council members, plus Germany in Geneva on October 1.
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"With respect to the military, I've always said that we do not rule out any options when it comes to US security interests. But I will also re-emphasise that my preferred course of action is to resolve this in a diplomatic fashion. It's up to the Iranians to respond," Obama said.
The President also said he had seen an "unprecedented show of unity" at the United Nations General Assembly in New York and the G20 summit in confronting Iran on the nuclear programme issue.
Earlier at the start of the G20 Summit, Obama said the US, Britain and France presented "detailed evidence" to the IAEA on Thursday showing that Iran "has been building a covert uranium enrichment facility near Qom for several years."
The three countries also demanded an immediate investigation into the facility and threatened a stiff response if Iran fails to conform to international obligations regarding nuclear development.
"Iran's decision to build yet another nuclear facility without notifying the IAEA represents a direct challenge to the basic compact at the centre of the non-proliferation regime," Obama said.
"The size and configuration of this facility is inconsistent with a peaceful program," he said. The three countries also served an ultimatum to Iran to fulfil its international obligations on its newly-detected uranium enrichment facility by December or face stringent sanctions.
Saturday, September 26, 2009
Saturday, June 20, 2009
Negotiating a Mortgage Loan Modification With the Lender
Instead of hiding from your mortgage company when you are unable to afford your mortgage payments, it is a better idea to approach them for support. You will be relieved to learn that your lender would probably prefer to work with you instead of commencing foreclosure proceedings, which will be quite expensive for them too. There are several steps to negotiating a mortgage loan modification with the lender.
The first step is to ensure that you are completely aware of your financial status before you contact your lender. Verify your gross monthly income and the amount you pay in bills and find out where you can slash your expenses. You could hire the services of a non-profit counseling service to assist you with getting this financial analysis together for free. This counselor will also be of assistance during negotiation with the lender.
The next step is to contact the lender and have a rough idea of what you require. Let them know about your situation and tell them what you can put forward to help improve this situation.
Thirdly, think of how you will be able to pay off this loan eventually. The lender will be interested to know the options you have thought of, and it is better for you if you submit an initial proposal, since by doing this, you will be opening the door to the negotiation.
If you anticipate that this financial strain will not last too long, then you can request the lender for leniency and perhaps postponement of the due payments for a few months until you recover from this slump in your financial state.
The fifth and last step is to realize that if the rate of your mortgage is adjustable but if you are unable meet the increased monthly payments, then you should request our lender for a mortgage loan modification. In response to this, they will require a your detailed financial history, which will include detailed income as well as monthly expenses. It is ideal for you to have some moderation in your income to validate a loan modification in case they have switched your mortgage to one with a fixed rate. If you are short of money, you could consider finding a part-time job. If you are able to prove to them that you will be able to pay a fixed rate mortgage from extra income earned from perhaps a second job, your chances of getting a modification are much better.
http://homelendermortgage.blogspot.com/
The first step is to ensure that you are completely aware of your financial status before you contact your lender. Verify your gross monthly income and the amount you pay in bills and find out where you can slash your expenses. You could hire the services of a non-profit counseling service to assist you with getting this financial analysis together for free. This counselor will also be of assistance during negotiation with the lender.
The next step is to contact the lender and have a rough idea of what you require. Let them know about your situation and tell them what you can put forward to help improve this situation.
Thirdly, think of how you will be able to pay off this loan eventually. The lender will be interested to know the options you have thought of, and it is better for you if you submit an initial proposal, since by doing this, you will be opening the door to the negotiation.
If you anticipate that this financial strain will not last too long, then you can request the lender for leniency and perhaps postponement of the due payments for a few months until you recover from this slump in your financial state.
The fifth and last step is to realize that if the rate of your mortgage is adjustable but if you are unable meet the increased monthly payments, then you should request our lender for a mortgage loan modification. In response to this, they will require a your detailed financial history, which will include detailed income as well as monthly expenses. It is ideal for you to have some moderation in your income to validate a loan modification in case they have switched your mortgage to one with a fixed rate. If you are short of money, you could consider finding a part-time job. If you are able to prove to them that you will be able to pay a fixed rate mortgage from extra income earned from perhaps a second job, your chances of getting a modification are much better.
http://homelendermortgage.blogspot.com/
Labels:
Home Mortgage Refinance,
mortgage,
refinance
Monday, June 8, 2009
Thinking of Refinancing Or Buying a New Home? Check Your Mortgage Credit Score Free
The decision to refinance your home mortgage is a big one, and not to be taken lightly. Whether you're doing it to lower your interest rate, avoid balloon payments at the end of your mortgage, or trying to free up cash from your home equity for a major expenditure, there are some important things you should keep in mind.
The first, and most basic, is that you should take stock of your financial situation as it stands right now. Make sure that you can afford to wait the one to two years it may take before you break even on your refinance. Also, ask yourself if you'll even be able to get a lower interest rate on your loan. If you're not sure about the answer to that one, then you absolutely need to get hold of a copy of your credit score. And here's why.
Knowing what your credit score is can help you determine what's best for you, even before you step into the bank. If you score highly then you can be sure at having a very good shot at refinancing. It's not a guarantee, but the odds are definitely stacked more in your favor. You'll also have a better shot at receiving a lower interest rate.
If your financial situation wasn't all that good before, and it hasn't improved much with time, there's a good possibility that refinancing won't work for you. It could be that you'll be approved, but with an interest rate that makes it senseless to go ahead with the deal. Also, if your financial situation was good in the past but has worsened, your credit score will have likely dropped and you could face the same outcome as mentioned previously.
A low credit score isn't the end of the world, though it may put your desires on hold for a bit. If this is your case, find a good financial advisor immediately, and begin to make strong efforts to raise your score. It might be tough going for a bit, but it will be so worth it down the road.
Instantly see how your mortgage credit score compares to the average.
=>> Get Your 3 Free Credit Reports ...
Pay $0 Here
http://homelendermortgage.blogspot.com/
The first, and most basic, is that you should take stock of your financial situation as it stands right now. Make sure that you can afford to wait the one to two years it may take before you break even on your refinance. Also, ask yourself if you'll even be able to get a lower interest rate on your loan. If you're not sure about the answer to that one, then you absolutely need to get hold of a copy of your credit score. And here's why.
Knowing what your credit score is can help you determine what's best for you, even before you step into the bank. If you score highly then you can be sure at having a very good shot at refinancing. It's not a guarantee, but the odds are definitely stacked more in your favor. You'll also have a better shot at receiving a lower interest rate.
If your financial situation wasn't all that good before, and it hasn't improved much with time, there's a good possibility that refinancing won't work for you. It could be that you'll be approved, but with an interest rate that makes it senseless to go ahead with the deal. Also, if your financial situation was good in the past but has worsened, your credit score will have likely dropped and you could face the same outcome as mentioned previously.
A low credit score isn't the end of the world, though it may put your desires on hold for a bit. If this is your case, find a good financial advisor immediately, and begin to make strong efforts to raise your score. It might be tough going for a bit, but it will be so worth it down the road.
Instantly see how your mortgage credit score compares to the average.
=>> Get Your 3 Free Credit Reports ...
Pay $0 Here
http://homelendermortgage.blogspot.com/
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