lenders: Responsible Lenders - Self-Help Featured in Raleigh News & Observer - 08/18/08 09:13 AM
Self-Help was featured in a local paper, the Raleigh News & Observer, over the weekend. Our mantra when selling homes and lending money is to use common sense and always look at the big picture. It's kept us afloat so far, and hopefully will allow us to continue to do good … (0 comments)
lenders: Pick-A-Pay Part II - 04/15/08 11:50 AM
And the other shoe drops. Wachovia has just reported a $393 million first quarter loss, and plans to cut 500 jobs. Much of the loss is attributed to Wachovia's expansion into the mortgage industry, just as this sector was about to collapse. I reported on Wachovia's ill-timed acquisition of Golden West … (0 comments)
lenders: Wachovia Reigns in Pick-A-Pay? - 04/12/08 08:24 AM
When I saw the television ad for Wachovia's Pick-a-Payment mortgage, my jaw hit the floor. I saw the commercial at least a month ago, but couldn't formulate a coherent blog entry until now - I was that irritated.In the midst of the fallout over shoddy lending practices, Wachovia chose to push … (4 comments)
lenders: M/I Homes Beats Lennar's Deal - 02/22/08 02:47 PM
A couple of weeks ago, I posted about a great deal being offered by new home builder Lennar. Apparently, M/I Homes has decided to go one better. Lennar offered a 30 year fixed rate mortgage at 4.875% - M/I is offering 3.875% for the first year, which adjusts to 4.875% in … (1 comments)
lenders: Lennar Offers a Deal - 02/09/08 07:11 AM
National homebuilder Lennar is offering a deal: a 30 year fixed rate mortgage at 4.875% if you purchase one of their homes using their preferred lender. Plus, they are paying up to 6% towards closing costs. An interest rate this low is worth a serious look, as it will boost … (10 comments)
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