How To Prevent Foreclosure

by Mijn adviseur Whenever you read a general article about mortgages the term foreclosure is oftentimes accompanying it ... , get a reverse mortgage, or a loan modification. Refinancing your mortgage means paying off your existing ... are being destroyed because of foreclosures on mortgages. The ongoing word is this mortgage crisis [more...]

Date: 2009-04-07 13:57:57

Blog posts (673) | Videos (682)
 

Mortgage Markets for this Week

A little bit different delivery for this week’s mortgage market update. Sometimes you just have to change it up ya know? ... Posts: Mortgage Rates May Be at Bottom How are Mortgage Markets Responding to the Largest Job ... Video Created by Arizona Mortgage News Advertisement : BiggerPockets Real Estate Social [more...]

Date: 2009-04-07 00:41:16

Don’t Let Foreclosure Happen To You

by Mijn adviseur Whenever you read a general article about mortgages the term foreclosure is oftentimes accompanying it ... are being destroyed because of foreclosures on mortgages. The ongoing word is this mortgage crisis ... to find a solution to the problem one needs to understand what a mortgage is. Webster defines mortgage [more...]

Date: 2009-04-07 13:51:58

Major firms refuse to work with mortgage brokers

  Remember, mortgage brokers aren't working for you, according to a column in Friday's New York Times , they are working for themselves: ... companies in the mortgage insurance business, flat out refuses to underwrite any policies on loans ... in such shenanigans. All of this is happening just as borrowers need plenty of guidance. Mortgage rates [more...]

Date: 2009-04-04 16:00:00

Pluses And Minuses Of A Mortgage

by William Brunswick A mortgage is generally obtained by a home owner who has an outstanding debt or is taking a loan out from a bank or other ... . The money obtained from a mortgage can be used as a means for a home owner to pay off outstanding ... government operated establishment. The mortgage acts as a form of collateral that is held [more...]

Date: 2009-04-07 15:11:36

Second mortgages to be extinguished? TARP-related mortgage rates below 4%

Recently seen bumper sticker:  “Honk if you are paying my mortgage”. Most mortgage companies in the United States would be counted under the “small business” category. (500 employees or less.) Sure, billions of dollars of closings might pass through their doors, but in terms of revenue, expenses, and employees, [more...]

Date: 2009-04-07 13:34:28

Business Mortgage Financing - Available Types

by Wade Henderson If you have ever wanted to know what the different types of Commercial Mortgage Financing are available…there are many ... that fits your needs, Apartment Loan ” Looking for an Apartment Loan? This is a very solid investment ... . Medial Provider Facility Mortgage ” You can use a Business Mortgage for these properties as well [more...]

Date: 2009-04-08 02:07:10

Uncovering Reverse Mortgage Myths Misconceptions

Author : Michael Branson Have you been considering a reverse mortgage but are just afraid of some of the negative things you've heard? ... This is not true You own your home and the lender records a lien, just like a forward mortgage ... in it as your primary residence or the last borrower on the mortgage passes, the loan and all interest becomes due [more...]

Date: 2009-04-07 11:58:21

Lower the Interest Rate on Your Mortgage Without Refinancing?

13CommentsOn my trip to Boston a couple of weeks ago, I met up with a couple of my best friends from college ... of the economy. We gabbed about the sub-prime crisis. They thought that the mortgage holders were ... in a mortgage lender/salesman. I took a different view and thought it was the mortgage lender, because [more...]

Date: 2009-01-29 19:09:18

Don’t Let Foreclosure Happen To You

by Mijn adviseur Whenever you read a general article about mortgages the term foreclosure is oftentimes accompanying it ... mortgage, or receive a loan modification. Most people choose to refinance their home versus any ... yearly and therefore reduce your monthly mortgage rate. A reverse mortgage is a home loan [more...]

Date: 2009-04-07 13:51:36

Are mortgage rates going up or down?

Mortgages are getting more complicated as lenders look more closely at your ability to repay ... deal when borrowing large sums of money. Refinancing a current mortgage to lock in interest ... in the last decade resell your mortgage to large syndicates to supposedly spread the risk around. In the end [more...]

Date: 2009-04-07 14:30:10

The Death of Mortgage Banking and the Shadow Banking System

Michael Steinberg submits: The Los Angeles Times’ “Bill would fundamentally reform home mortgage industry” reports that House Financial Services Committee Chairman Barney Frank and friends introduced the Mortgage Reform and Anti ... fixed rate loans, this will lead to the end of most mortgage bankers. My understanding [more...]

Date: 2009-04-07 19:01:37

Cheap Second Mortgage Loans - 4 Ways To Save Money on Your Next 2nd Mortgage

A second mortgage is an inexpensive way to pay for home remodels, debt consolidation, or school expenses. With their tax deductible interest and low rate credit, they are appealing to most homeowners. But you can easily trim your mortgage rates and fees even more with these four tips. 1. Shop Lenders [more...]

Date: 2009-04-07 09:01:22

Second mortgages to be extinguished? TARP-related mortgage rates below 4%

Recently seen bumper sticker:  “Honk if you are paying my mortgage”. Most mortgage companies in the United States would be counted under the “small business” category. (500 employees or less.) Sure, billions of dollars of closings might pass through their doors [more...]

Date: 2009-04-07 17:47:13

Comparison shopping for a mortgage

Since comparison shopping for mortgage came up in a Saturday L.A ... or BankRate.com , which list current mortgage rates offered by dozens of lenders. But make sure you also ... . Land post and its thread, here are some tips from "How to Lock in the Lowest Mortgage Rate [more...]

Date: 2009-04-06 14:57:41

Mortgage Delinquencies Soar

April 7 2009 - More U.S. consumers are falling behind on their mortgages, an indication that the housing market has yet to hit bottom, ... for Equifax Inc, reported that 7 percent of homeowners with mortgages were at least 30 days late ... percent of subprime borrowers were at least 30 days behind on their home mortgage loans, up 23.7 [more...]

Date: 2009-04-07 14:42:25

Help NAACP Fight to Save Homes from Foreclosure

I believe in rewarding good behavior. This is an example of the NAACP actually doing something useful to members that is also relevant on a national ... in sub-prime home mortgage lending. The mortgage crisis has hit the African American community ... mortgages in the first place, perhaps the economic situation wouldn’t be so bad. Now it’s time [more...]

Date: 2009-03-18 22:47:29

A Bounty on Your 401(K)

The Obama Administration’s mortgage bailout for irresponsible borrowers (including wealthy borrowers with modest mortgage payments) ... and promoting risky loans in the name of “ affordable housing .” Now, a bill pending in Congress would ... $ 30 billion in losses to cut the principal and interest on the mortgages of delinquent and at-risk [more...]

Date: 2009-04-06 18:42:18

Mortgages - Fixed Rate Mechanics

Some of you may recall a month ago I did an entry on why weekly and bi-weekly payments really were not as good as they were cracked up to be. Today I'm going to be my second piece in the mortgage series, this time looking at fixed rate ... with graphs like the one above if they've taken out a mortgage... at least I'd hope they would [more...]

Date: 2009-04-07 19:50:00

Hurry! Buy Condo, Car Before Pink Slip Shows Up

So the developers of Thornton Place are stealing a page from Hyundai and offering to pay your mortgage for six months if you lose your job in the ... the fence to buy, should you be getting into a mortgage to begin with? Giving back a car is one thing ... , a rate buy-down or to pay a mortgage on an existing home while it is listed for sale. In [more...]

Date: 2009-03-25 23:00:00

Atlanta Looking To Sue Mortgage Lenders

So let me get this straight, the City of Atlanta gorges itself on taxes from properties that soar in value while increasing services and jobs for ... Bloggers. where it was originally published. Atlanta Looking To Sue Mortgage Lenders ... Martha Stewart in to host an Apprentice... Mortgage Fraud Costs Lenders 1 Billion Dollars Over [more...]

Date: 2009-04-07 13:06:52

Commercial Mortgage Loans: Types and Uses

by Wade Henderson If you have ever wanted to know what the different types of Commercial Mortgage Financing are available…there are many ... as time passes Health Care Provider Facility Mortgage Loan ” Due to the solidity of the Health Care ... are generally a great form of security for an Apartment Loan Company. So long as the property is managed [more...]

Date: 2009-04-08 01:56:08

The Mortgage Crisis and Who Is To Blame

by Hans Doornbosch The only time mortgage confusion was higher that it is right now is back when sub-prime mortgages were not known to be the ... it instead of putting it on the credit card. I know that’s harsh, but it is the truth. Pity them, yes. Bail them out? Not a chance. About the Author: Hans writes about financial matters and loans [more...]

Date: 2009-04-07 21:00:10

Mortgage Reduction

From RE_Acquisitions Thousands of homeowners are struggling to make mortgage payments on loans with skyrocketing interest rates. The time just prior to foreclosure, or “pre-foreclosure”, contains a small window of opportunity to re-negotiate mortgages and associated rates. [more...]

Date: 2009-04-07 17:20:08

Pay Down Your Mortgage or Sock Money Away for Retirement?

The following is an excerpt from the book The Sound Mind Investing Handbook - A Step-By-Step Guide To Managing Your Money From A Biblical Perspective 5th Ed.“If we can’t afford to make extra principal payments on our home mortgage and at the same ... , what you would do with the tax savings from your mortgage interest, how long you expect to live [more...]

Date: 2009-04-03 10:29:00

Lower My Mortgage

From RE_Acquisitions “How can I lower my mortgage?” This is a question that thousands of homeowners are asking as interest rates are increasing, causing mortgage payments to skyrocket. Though many people fear they have no alternatives [more...]

Date: 2009-04-07 17:20:06

Mortgage Reform Bill

A massive new mortgage reform bill has Washington real estate and banking groups buzzing, both critically and in favor ... that originate other types of loans to retain at least a five percent ownership stake in the loan ... from receiving any fee tied to the interest rate or terms of the mortgage. During the boom years [more...]

Date: 2009-04-07 14:58:49

Got An Upside Down Mortgage? Would You Foreclose and Walk Away From Your Mortgage?

Got An Upside Down Mortgage? It’s hard to believe that it was a mere couple of years ago when homes were selling like hotcakes with multiple bids. Back then, I was wondering when we’d be facing the end of the real estate bubble . Well, many of us are now living the American Nightmare thanks to the real estate bust and subprime [more...]

Date: 2009-03-07 09:13:12

FDIC Takes Mortgage Proposal to the Public

Two months after the collapse of Lehman Brothers, there has still been no broad-based action to help restructure delinquent mortgages and slow down ... to get at the same thing.) Because the government does not have the power to force loan servicers to modify loans, the incentives would be a $1,000 fee per restructured mortgage and, more [more...]

Date: 2008-11-15 14:38:38

Mortgage fraud always surprises me….

and you’d think by now title agents would STOP enabling or colluding to defraud lenders ... ’t understand that having two settlement statements was mortgage fraud. Though they’d still be held ... is mortgage fraud is an absolute criminal or ignoramus and deserves to at least lose their license [more...]

Date: 2009-04-07 15:39:37

Why we have a 15 year mortgage

We refinanced our house about a year ago in order to take advantage of the lower interest rates. We decided on a 15 year mortgage. Our goal is to pay off our house very, very quickly, so a shorter time period made more sense ... . But what actually happened was that I didn’t do what I intended to do. Not only did I not pay extra on the mortgage [more...]

Date: 2009-04-07 12:05:03

mortgage rate reductions

From RE_Acquisitions Thousands of homeowners are struggling to make mortgage payments on loans with skyrocketing interest rates. The time just prior to foreclosure, or “pre-foreclosure”, contains a small window of opportunity to re-negotiate mortgages and associated rates. [more...]

Date: 2009-04-07 17:20:07

Refinance Mortgage Broker

April 7, 2009 If you are a person who has taken a loan against a property that you owned and is in debt now, ... for other advantages.However, refinance home mortgages should only be pursued if it makes sense ... if your equity is less than 5%, it is possible to refinance your home mortgage. However, you may [more...]

Date: 2009-04-07 12:47:36

Waiting For the Best Mortgage Rate Could Cost You A Lot

If you've been listening the news, you may be among the many people who are waiting to see mortgage rates hit 4.5% or possibly even less. Do you recognize mortgage rates that low may never actually happen. Are you aware how much money you are losing by not doing a refinance or outright purchase of a property right now. To make [more...]

Date: 2009-04-07 20:41:44

Possible Mortgage Rate Scenarios For 2009

by Greg Harpery Everyone always likes to know where mortgage interest rates are headed. Especially in the shifting times we’re living in ... interest rates on your mortgage. Alas, this is only applicable for consumers that have credit scores higher than 700. If you’d like to get 5 percent interest or even lower, you not only need a credit [more...]

Date: 2009-04-07 10:10:32

Where Is The Safest Place To Save Or Invest Your Money?

Whether we want to acknowledge the grim reality or not, ... of major global insurance conglomerate AIG and the takeover of mortgage loan giants Fannie Mae ... of bad mortgage debts and the loss of value in their subprime mortgage loans, major mortgage [more...]

Date: 2008-10-03 06:35:30

Refinance Mortgage Loans

Refinancing mortgage loans works well when it comes to helping people improve their standard of living. At the time of purchasing your home, several aspects may have controlled your mortgage interest rate. These may have included your income, your credit background, the down payment that could [more...]

Date: 2009-04-07 14:20:00

"The Case for and against Bank Nationalisation"

This voxeu.org column argues that bank nationalisation is the best hope we have for avoiding a “lost decade like Japan": ... mortgages, subprime residential mortgages, Alt-A residential mortgages, credit card debt, second liens/home equity loans, consumer auto loans, and commercial real estate. Expected losses come in at around [more...]

Date: 2009-02-27 08:15:00

Mortgage approvals jump by 19%

• Mortgage approvals at highest level since May 2008 • Figure is still 44% lower than 12 months ago The number of mortgages approved for house ... . One factor in the slowdown in mortgage lending has been the withdrawal of high loan-to-value deals, which [more...]

Date: 2009-03-30 10:00:49

Securitization - Thumbs up or down?

As those following the debate over securitization know, Paul Krugman has come out against securitization across the board. Robert Waldman of Angry Bear provides a rationale: I consider plain old mortgage bonds (MBS ... flow from mortgages make it possible to diversify regional risk. Banks mortgage portfolio's [more...]

Date: 2009-04-05 23:18:05

Great Opportunities If You Are Shopping The Current Mortgage Market

If you happen to be looking to buy a new home and are in an area where Lennar Corp, the nations’s biggest builder by revenue, ... pull-through, investors (the entities who ultimately purchase the loan from the mortgage company ... is is putting up new homes, you have a great opportunity. Right now they are offering a mortgage [more...]

Date: 2009-04-08 02:17:26

Amazingly simple way to do check mortgage packages in SG!

Do you have a home mortgage? If you have your own home, I'm sure you do. In line with our previous post on http://www.financecents.com/2009/02/03/to-save-money-take-another-300000-loan/, here's how to see if you can refinance your mortgage with even lower rates!If you're looking to buy a new home, this will also help [more...]

Date: 2009-04-07 14:59:05

I Feel as Though I Should Buy Several More Houses...

Conforming mortgages look like amazing deals--especially if you think that the Federal Reserve won't be able to unwind its reserve expansion without ... like I should refinance my house, up the mortgage to 80%, and go out and buy two more houses ... some inflation. Michelle Donley of Marketwatch: 30-year fixed mortgage rate hits [more...]

Date: 2009-03-26 16:31:39

Rising Mortgage Delinquencies Signal No Bottom Yet

More U.S. consumers are falling behind on their mortgages, an indication that the housing market has yet to hit bottom, a top credit bureau executive… Go to Source: Rising Mortgage Delinquencies Signal No Bottom Yet Related Reading on Amazon: Talk Your Way Out of Credit Card Debt!: Phone Calls [more...]

Date: 2009-04-08 01:16:00

Mortgage Stimulus Plan From Obama Allows 4.5% Refinancing

President Barack Obamas \”Home Affordability Plan\” mortgage refinancing plan will make monthly home loan payments much more manageable for over 6 million homeowners. Homeowners now have the chance to refinance or modify their loans and save hundreds of dollars monthly.Click Here to learn more about Sell Mortgage Note Technorati Tags [more...]

Date: 2009-04-07 08:59:39

Market Share Among Top Mortgage Lenders Rising Rapidly

It’s clear that mortgage lending has been decidedly retail-centric lately, what with all the hundreds of wholesale mortgage implosions and the warehouse lending crisis. It seems the only players in town these days are some of the largest U.S. banks, like Bank of America [more...]

Date: 2009-04-07 17:38:09

Following the Foreclosure Trends

Foreclosure now affects almost one in every eight American homeowners, reports the Mortgage Bankers Association. Nearly 12% of all Americans with a mortgage, a record 5.4 million homeowners were at least ... % of homeowners who have a subprime ARM are at least one payment behind and one in five of all mortgage [more...]

Date: 2009-04-08 02:59:32

Freddie Mac’s Home Valuation Code of Conduct

May 1st is a big day.  Not only are the new ARMLS rules going into effect, but Freddie Mac is implementing their new Home Valuation Code of Conduct ... -family mortgages with loan application dates on or after May 1, 2009, Freddie Mac Seller/Servicers ... Mortgages, Section 184 Native American Mortgages, and Section 502 Guaranteed Rural Housing [more...]

Date: 2009-04-07 16:21:31

Reverse Mortgages Serve as Lifeline for Seniors

RISMEDIA, March 20, 2009-In the midst of the current credit crunch, we tend to overlook the financial needs of senior homeowners, ... mortgage programs, called the Home Equity Conversion Mortgage (HECM). With HUD’s HECM, homeowners don ... out, and many don’t qualify for refinancing to cash out some or all of their equity. Fortunately [more...]

Date: 2009-03-19 20:34:53

Obama’s mortgage relief and housing plan

8 and yarpp.reference_ID = 6621 AND wp_posts.post_type = 'post'--> The details on Obama’s new mortgage relief plan are out.  The key parts are the following: Mortgage must be a conventional, conforming loan (i.e. ... , but you can be in negative equity) Will bring debt to income ratio down to 38% by the lender The governemnt [more...]

Date: 2009-03-04 18:13:22

1 - 50 of 673 Posts
Page: First | < Preceding | Next >
0 | 1 | 2