admin | March 9, 2010
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Can you believe that buying a home is a big financial decision? Can you guess why? Did you know that the purchase of a home can affect your federal income [...]
admin | February 28, 2010
Originally posted 2008-12-13 09:48:31. Republished by Blog Post PromoterSocial Bookmarking Taylor-Brown’s Related Post [...]
admin | February 25, 2010
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Image via WikipediaThe latest news in mortgage interest rate from around the blogosphere:
Mortgage Rates Inch Up - Homebuyer Applications Decreased Again …30 year fixed-rate mortgage interest rates increased back above the 5 percent mark hitting 5.03 percent, up from 4.94 percent, with fees increasing as well to [...]
admin | February 24, 2010
Image by Getty Images via DaylifeThe latest news in mortgages from around the blogosphere:
Foreclosure Experts Claim Credit Card Reform Harming Housing …Mortgage News and Mortgage Rates on February 23, 2010. Latest news on mortgages and mortgage rates. Search for mortgage information. Google. Custom Search. Foreclosure Experts Claim Credit Card Reform Harming Housing Industry – Biloxi [...]
admin | February 23, 2010
Wachovia did a presentation stating that their Alt-A program was back.
They stated that the program can be utilized on:
primary residence
second/vacation homes
investment properties
The eligible loan amounts
Minimum = $40,000
Maximum - Conforming Loan Limits
Maximum Seller Contributions
Primary & Second Homes = 6% (up to 80% LTV/CLTV)
Investment Properties = 6% (up to 80% LTV/CLTV)
With this program stated income with verified [...]
admin | February 20, 2010
Image via WikipediaThe latest news from around the blogosphere:
Fewer homeowners falling behind on mortgage payments
Los Angeles Times
Delinquency rate at the end of December falls to a seasonally adjusted rate of 9.47% from 9.64% in the third quarter, according to a mortgage bankers group. …
Obama unveils mortgage plan to help California, 4 other states
Los Angeles Times
Standing [...]
admin | February 15, 2010
Recently, I attended a closing where the owner felt that the lender was performing predatory lending. I agreed, as a matter of a fact, I pointed it out. One of the signs of predatory lending in his deal was that the terms of the loan was not what the owner agreed to.
The owner immediately called [...]
admin | February 10, 2010
This post is written by Steven Parker. Steven Parker is a Financial writer and contributor since five years. He specializes in mortgage and real estate industry written many articles on Mortgage, Reverse mortgage, Loan modification, Foreclosure and many more.
Contact :stevenparker09@gmail.com
For the purpose of preventing a foreclosure, loan modification is one [...]
admin | February 9, 2010
Image via WikipediaThe latest news on loan modification from around the blogosphere:
New Fanniemae and Freddiemac limits will speed up purchase of …Mike Rockwood has modified five of his own loans, including his personal residence and investment property. He has created a top-notch workbook to walk you through the steps of fighting to get the best [...]
admin | February 7, 2010
Before we discuss how we will accomplish the cancellation of interest, we must discuss a key component in accomplishing our goal of interest cancellation.
This component is the advanced line of credit or home equity line of credit. Why an advanced line of credit, you ask? Well, with the advance line of credit, the [...]
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