Solomon Success

mortgage

Lenders May Forgive Foreclosures

Lenders May Forgive Foreclosures

King Solomon’s world was very different from today’s. But his advice on living a life blessed by God through wisdom, prudence and dealing justly with others is timeless. And even though credit reports didn’t exist in his day, his proverbs on mercy and fairness come to mind as lenders in the current...

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Do Big Lenders Lack Mercy and Truth?

Do Big Lenders Lack Mercy and Truth?

King Solomon’s Proverbs remind us that honesty and fairness are keys to living a life blessed by God. “Let not mercy and truth leave thee,” the king says in Proverbs 3:3. “Write them in the tables of thy heart.” But, as we’ve noted in this space before, the virtues of mercy and truth are...

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“Streamlined Modification” – Justice for Struggling Borrowers

“Streamlined Modification” – Justice for Struggling Borrowers

Along with wisdom and prudence, the great King Solomon prized justice and equity – treating the less fortunate with compassion and dealing fairly with others. “The strength of the upright t is the way of the Lord,” he says in Proverbs 10:29-30, “and fear to them that work evil. The just shall...

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The Federal Reserve Securities Buyup: Past Its Season?

The Federal Reserve Securities Buyup: Past Its Season?

“For every thing there is a season, and a time for every purpose under heaven.” So goes one of the most famous passages from King Solomon’s Book of Ecclesiastes. These first verses of Chapter 3 remind us that timing is everything. More than that, every thing’s season has its endpoint. Today,...

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When Getting Credit Creates Bad Credit

When Getting Credit Creates Bad Credit

The wise King Solomon advocated industry, thrift and hard work as ways to create a prosperous life. His Proverbs point out the connections between personal responsibility and a Godly life – connections that still ring true today. In this modern world, though, managing debt –- not staying out of it...

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Mortgage Brokers Can Get a Good Deal – Sometimes

Mortgage Brokers Can Get a Good Deal – Sometimes

King Solomon’s enduring words of wisdom about prudence, virtue and the need to avoid the lying and the deceitful apply to all aspects of living a virtuous, Godly lie. And as we’ve pointed out in this space before, those are essential qualities for protecting yourself from the scams, frauds and deceitful...

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Banks Learn From the Past – and Harm the Recovery?

Banks Learn From the Past – and Harm the Recovery?

King Solomon’s proverbs emphasize again and again the vital importance of wisdom and prudence in living a live blessed by God. One key to acquiring wisdom, he says, is accepting correction from wiser heads and learning from mistakes. “Take hold on instruction,” he tells us in Proverbs 4:13, “leave...

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Learning from the Past: A New Housing Bubble?

Learning from the Past: A New Housing Bubble?

As King Solomon tells us again and again in his Proverbs, wisdom is the foundation for a rich life graced by God. And one way to gain wisdom is to learn from the mistakes of the past. “Fools despise wisdom and instruction,” the king says in Proverbs 1:7. Today, with the housing market showing signs...

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Bank of America: More Scandals, None the Wiser

Bank of America: More Scandals, None the Wiser

“A wise man shall hear, and shall be wiser; and he that understandeth, shall possess governments,” says the wise King Solomon in Proverbs 1:3. As the King points out repeatedly in those proverbs, wisdom comes from learning from past mistakes and accepting correction from those with more wisdom. But,...

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Student Debt Hits Women and Minorities the Hardest

Student Debt Hits Women and Minorities the Hardest

In the often-quoted Proverbs 9:1, the wise King Solomon links women, wisdom and houses: “Wisdom hath built herself a house,” says the monarch, making it clear that wisdom leads to prosperity and stability. But, as a couple of new studies on student loan debt reveal, for many women, the wisdom gained...

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