X Out Foreclosure, a company that helps people who are facing foreclosure, is pleased to announce the launch of its revised Web site (
Carrollton, Texas (
The massive number of people facing foreclosures is the result of several factors, including aggressive lending tactics, attractive interest rates, and a booming economy, followed by increasing interest rates and a stagnant economy. The result has been devastating. In fact, one leading foreclosure site estimates that there are over 2 million foreclosure-related or foreclosure-mitigated homes for sale.
"It is devastating to people," says David Clinger, CEO of
X Out Foreclosure has been in business since 1986, helping people who have found themselves facing
That is exactly what the new site does. Mr. Clinger explains, "There are lots of options for people who are facing foreclosure - it's not a journey that leads inevitably to one conclusion," he says. Then he counts some of the ways he's helped people in the past: "There's loan modification, forbearance agreements, short sales, deeds-in-lieu… I could go on and on. That's what the new site is designed to do: inform people quickly, show them that they have options, and help them to contact us so we can get the ball rolling."
X Out Foreclosure's website,
Along with the simple site structure and easy-to-understand content is a sweepstakes offer for a $1000 draw just for contacting them. And, there are many ways for homeowners to contact an X Out Foreclosure representative for a confidential consultation.
For more information, visit their new website at
It might be easy for banks to get a financial bail out from the Government when they fall on hard times, but it won't be so easy for consumers to do the same, warns PPI lobbyist Sara-Ann Burgess from Burgesses.
Braintree, Essex (
Sara-Ann's comments follow news that RBS, Barclays and Lloyds TSB met Chancellor Alistair Darling this week to discuss "fundraising" or rescue plan proposals. She queries: "It's all very well being able to secure billions of pounds of extra funding from the Government during these recession-hit times, but will customers struggling to meet their debts secure the same financial lifelines?"
With the UK economy already in recession and predictions that unemployment could rise by 350,000 next year and top the two million mark, consumers are being urged to guarantee their own financial bail out via
Sara-Ann continues: "No other insurance product offers a financial lifeline in the same way. It will pay out should you lose your job, become sick or have an accident, and meet your monthly debts for up to a year. There are a wide range of providers offering PPI and it's acknowledged that the most competitive premiums can be sourced via independent firms where costs are often 10 x cheaper for loan protection, four times for mortgage and five times for income."
Standalone provider British Insurance offers cover that's been awarded five stars by specialist researchers and is sourced using A-rated insurers. Prices for loan, mortgage and income protection start at £3.40 per £100 of unemployment cover and £3.90 for accident, sickness and unemployment.
Sara-Ann concludes: "Every day we're hearing that share prices are falling, profits are slumping and job losses are looming. Already this week LSUK has announced 680 redundancies, Focus DIY 750 and Accenture 400 and the British Chamber of Commerce tells us confidence has collapsed in the manufacturing and service sectors.
"The economic slump will continue to spiral out of control and whilst no one should sell their products through fear, the statistics are compelling. Everyone's job is at risk and consumers need a self-help financial package to support them should something happen to interrupt their income. The Government and banks won't bail them out, so they should turn to independent
Balarie Capital Management recently announced that they have launched a free CTA database that tracks several hundred Commodity Trading Advisors. The CTA database allows individual and institutional investors (family offices, endowments, pensions) to view performance data on several hundred different Commodity Trading Advisors from all over the globe. Each CTA program contains 2 full pages of performance results, statistical data, and comparison analysis. In addition, database subscribers can search for specific managers based on specific criteria or combine managers to create their own custom portfolios.
Chicago, IL (
"In light of the current market conditions, we feel that investors are searching for ways to diversify their current portfolios," said Emanuel Balarie, Managing Director of Balarie Capital Management. "Our database offers them access to an alternative asset class- managed futures- that can be a valuable tool in adding portfolio diversification, potentially reducing overall volatility and potentially achieving a higher performance than traditional investment portfolios."
Some of the strategies that are currently represented in the database include the following:
- Trend Following: Trend following is a strategy that simply follows trends based on certain technical indicators, like moving averages and breakouts. CTAs that specialize in this strategy can profit from both rising markets (by being long futures contracts) and declining markets (by being short the futures contracts). Trend followers, however, often do not fare well during choppy or sidewise markets.
- Counter Trend: This strategy seeks to profit from trend reversals. If you look at charts, you will notice that no market moves continuously up or down. There are often pullbacks and reversals. This strategy seeks to profit from those types of moves.
- Arbitrage: There are a number of sub-strategies that fall under arbitrage. The most prevalent in the managed futures industry is statistical arbitrage. A simple example of this strategy is if one manager simultaneously purchased gold on one exchange (for a lower price) and sold it on another exchange (for a higher price). This strategy looks to profit from the price difference.
- Global Macro / Fundamental Focus: Commodity Trading Advisors that trade the markets from a fundamental approach often look at crop reports, weather patterns, and economic data to determine whether to enter a trade. These managers can be implementing any number of strategies- including be short the market
Emanuel Balarie added, "We continue to believe that buy and hold strategies are no longer effective in this market environment. Investors need to consider allocating to alternative investment strategies have the ability to provide them with absolute returns."
In addition to access to the free CTA database, Balarie Capital Management is offering investors a free educational brochure on managed futures. Investors who are interested in receiving additional information should
The risk of loss in trading futures and options contracts can be substantial. You should therefore, carefully consider whether such trading is suitable for you. Past performance is not necessarily indicative of future results.
About Balarie Capital Management: About Balarie Capital Management ("BCM"):
BCM specializes in assisting institutional and high-net worth investors who are interested in investing in managed futures. Our consultative approach, independent research and analysis, and access to over 400 Commodity Trading Advisors, allows us to create custom managed futures portfolios that are designed to meet your specific investment needs.
About Emanuel Balarie: Emanuel is Managing Director of Balarie Capital Management, the managed futures division of Archer Financial Services, Inc. Emanuel works with institutional and high net worth investors regarding their managed futures investments. After graduating from the U.C. Berkeley, Emanuel started his career working for the San Francisco branch office of Merrill Lynch. After working for several other firms, ranging from dealing with commodities, stocks, futures, and alternative investments, Emanuel decided to combine his expertise and industry experience with the financial integrity and resources of Archer Financial Services, Inc.
Throughout his career, Emanuel has been an advisor to clients and institutions on the commodity markets and managed futures. His research has been published in many parts of the world, and he often speaks at national and international investment conferences. Balarie has appeared numerous times on CNBC, and is frequently quoted in dozens of financial publications such as, The Wall Street Journal, Reuters, Marketwatch from Dow Jones, Barron's, MSN Money, and Bloomberg.
Mr. Balarie is also the author of the book, Commodities for Every Portfolio and Editor of