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credit scores: THE SECRET FOR BUYING A HOME! - 02/10/11 10:42 AM
The truth is there is NO secret! The simple fact is that lenders and the government have not changed the areas of focus, income, credit, and -..... They have just increased standards for approval. They no longer are willing to accept borrowers who have not demonstrated the ability to manage the responsibility of owning a home and all the problems that occur when doing so. They do not want to be calling up a borrower shortly after a borrower has obtained a home wondering where the mortgage payment is....they want to feel very comfortable that if they sat yes and approval … (0 comments)

credit scores: New SUBPRIME LENDER's!!! - 01/03/11 02:55 PM
New SUBPRIME LENDER's!!
For those of you who didn't know there's been a few new SUBPRIME LENDER's in the game! That's right a few! Two to be exact!
They've been around for a long time and no one would have ever consider that SUBPRIME LENDING would ever rear it's ugly head again, but it's here.
Fannie Mae and Freddie Mac....
Ever since the two mortgage giants were taken over by the federal government we've seen good attempts at resolving the past problems... with people who have no clue of what they are doing.
Example: (The government first put blame for the mortgage meltdown on … (0 comments)

 
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Ronald A. Giannamore

Westport, CT

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Mortgage Services, Inc.

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