Real estate blog entries tagged with mortgage seattle by RE/MAX Metro Associates & K2 Property Management

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Home : Blogs : Keely Jared : Keely's Blog : Tag "mortgage seattle"

mortgage seattle: More on the (Seattle) mortgage messiness. . . - 04/11/08 11:23 PM

WAMU no longer doing wholesale loans, all of their brokers have been laid off.
First Horizon, Countrywide, and many others are no longer doing HELOC's (Home Equity Lines of Credit, also called 2nd's as in second mortgages, got it? ;-) I recognize that I get verbose in my explanations!
Both of those companies (and others) have frozen their current HELOC's, two of my closest friends and property owners have been ‘locked out' of their HELOC's whereby they can no longer draw money from it, guess it pays to completely pull out all of your equity if you have a current HELOC and still … (0 comments)

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Keely Jared

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