foreclosure: 80/20 Rule Apllies To Mortgage Foreclosures - 04/29/08 02:28 PM
RealtyTrac released Q1 2008 foreclosure statistics and the data follows an interesting statistical phenomenon most commonly known as the "80/20 Rule".
The 80/20 Rule states that 80 percent of the effects come from 20 percent of the causes.
In this case, 80 percent of bank repossessions in the first three months of 2008 … (0 comments)

foreclosure: Co Signing for a Mortgage, The Possible Implications - 04/22/08 01:13 PM
As mortgage lenders limit how much money they will lend and to whom, co-signing home loans is growing in popularity. "Co-signing" a home loan is when a third-party -- usually a parent or relative -- promises to make repayments to the bank in the event that the borrower falls behind on his … (0 comments)

foreclosure: How Picking Up The Telephone Can Reduce The National Foreclosure Rate - 03/07/08 11:00 AM
"Foreclosure" is the legal process by which a bank repossesses a home from a borrower and, according to RealtyTrac, 1 out of every 100 homes were in some stage of the foreclosure process in 2007. 
This figure is astounding because foreclosure is expensive to both homeowners and banks.  Both parties have … (0 comments)

 
Mortgage Company: John Topa, Mortgage Advisor, First Sunrise Mortgage
John Topa, Northeast PA Mortgage Advisor
Scranton, PA
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John Topa, Mortgage Advisor, First Sunrise Mortgage

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