mortgage help: STATED INVESTMENT PROPERTY REFINANCE.........HELP!!!! - 05/08/08 09:53 PM
OKAY MY FELLOW ACTIVE RAINERS, PUT YOUR BRAINS TOGETHER FOR THIS ONE! I REALLY NEED TO GET YOUR HELP ON THIS ONE! I HAVE A GUY THAT IS A SELF EMPLOYED LANDLORD/PROPERTY "FLIPPER" WHO SHOWS AN AVERAGE $12,000 IN INCOME AND IS A 696 FICO. THE GUY ONLY OWES $20,000 ON
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mortgage help: Property Taxes vs the current market - 05/07/08 01:38 PM
Ok, ok, ok, we've all been made aware, the real estate industry is getting hit HARD. So what? I've heard my neighbor say. I'm not interested in selling; the 'investors' who bought all those homes on speculation should be taken to the cleaners; what does it matter to me? In a
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mortgage help: Canadian Buyers?? Slow on Down!! - 04/29/08 02:29 PM
True to form, the powers that be continue to tighten lending parameters...even for our Canadian friends to the north:( In one month's time the generous offerings of one of our lenders have been slashed, cut and constrained to the point that...well, they just try to take all of the fun out of
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mortgage help: Life After Bankruptcy - 04/23/08 12:36 PM
Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your finances. Running a close second is the negative stigma which is often attached to the process. This negativity is important to mention because strong emotions can sometimes lead to
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mortgage help: What is Loss Mitigation? We Help Borrowers negotiate with their Lender - 04/21/08 06:00 PM
I've partnered with US LOSS Mitigation, The Most Trusted Name in Loss Mitigation. We all know that life is unpredictable, and that circumstances often arise that can prevent people from making their mortgage payments.Even hard-working people can encounter unforeseen situations which may affect their ability to pay their mortgage in a
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mortgage help: Free Mortgage Clinic!! Sat 11am - 3pm - 04/16/08 06:00 PM
FREE MORTGAGE CLINIC Sat. 11am-3pm Steve 239-682-5434 Greetings to all, I am starting this new group because I need leads!!! I want to engage in discussion on how to market, structure, focus, and administer a successful clinic that will inform potential borrowers. Inviting other professionals such as Realtors, appraisers, title people, insurance agents, can be part of a helpful clinic. They
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mortgage help: Wobbly Wamu's Waltz from Wholesale Worries Wall Street - 04/08/08 01:58 PM
Once venerable mortgage giant Washington Mutual, whimpers away from wholesale lending...slashes own staff (ouch!!).Yes, after almost one hundred and twenty years of providing mortgage and other financial products to a grateful public, the stalwart financial figure is showing its battle scars obtained over the last several years of money grabbing activities.Thousands
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mortgage help: Tentative Housing Accord Reached - 04/03/08 12:38 PM
April 2, 2008The Government has Stepped In!There is a bill that is going to the senate today to assist those facing foreclosure. The bill will include an incentive property tax deduction of $1000 for couples and $500 individuals. This is suppose to help the 28.3 million taxpayers who do not itemize
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mortgage help: Canadian Buyers?? Come on Down!! - 04/02/08 12:39 PM
Canadian Nationals looking to purchase property in Sunny Florida have financing waiting for them!! You can obtain 75% LTV purchase financing with little more than a: PULSE PASSPORT PEN Contact me directly and I will provide further details as part of a personal consultation that will address your financing wants and needs! Take advantage of low prices
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mortgage help: Tell Me What You Think - 03/18/08 12:43 PM
Hey Everyone, This Helpful Hint may be "the" MOST valuable of all the Helpful Hints I've ever shared or will share in my entire lifetime. It is the one that is nearest and dearest to me because I spent 16 years selling cars before retiring on July 31st, 2003. The old
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mortgage help: How Much Is My House Worth - House Assessment - 03/08/08 02:42 PM
The mortgage crisis continues to rock the real estate world and affect many home owners. In fact it was announced today that almost one million home owners are loosing their house to foreclosure. This does not include the over 380,000 home owners who fell behind on payment this last quarter. With
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mortgage help: WHAT TO DO IF YOU CAN'T GET THE BANK TO CALL YOU BACK REGARDING YOUR MORTGAGE - 03/05/08 11:58 AM
This morning I was watching the NBC Morning Show and one of the segments they have a segment called Money 911 moderated by financial guru Jean Chatzky. A viewer wrote in stating that she had tried to get the bank to work with her to put a late mortgage payment on the back end of
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mortgage help: Buyers Account Opens 3 New Offices And Saves A Family From Disaster! - 03/04/08 04:26 PM
Buyers Account Earned Income Program Saves Family From Disaster and The Company Opens 3 New Offices in Order to Provide Fair Down Payment Assistance for Home Buyers in These Troubled Times. Confirming the need for fair and equitable down payment assistance programs Buyers Account announces the opening of 3 new offices
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mortgage help: Mortgage Help - 03/03/08 01:00 PM
By Moe Bedard If you have been looking for mortgage help or assistance with a loan modification, then you have came to the right website for safe and accurate information. This blog and our forum at LoanSafe.org was created for the sole purpose of assisting homeowners who are struggling with their mortgages to
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mortgage help: mortgages - 02/26/08 01:54 PM
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mortgage help: HARKER FAMILY WEBSITES on MORTGAGES, BUYING, SELLING, FLORIDA LIFE - 02/15/08 12:52 AM
BACK PAGE BACK PAGE
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mortgage help: ATTORNEY GENERAL TO HOST FORECLOSURE FORUM IN GRAND RAPIDS TOMORROW - 02/13/08 10:57 AM
If you have fallen behind on your mortgage or is at risk of losing your home, you may wish to to take advantage of the free forum that will be held at the DeltaPlex Entertainment and Event Center on Thursday, February 14, 2008 from 12:00 (noon) to 7:00 p.m.This "Avoid Foreclosure" forum will
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mortgage help: FHASecure Financing - The Facts - 02/07/08 11:39 AM
If you are a current homeowner, no doubt you have EARNED IT! It's the American dream, owning a home to call yours. However with the state of the mortgage industry, some homeowners who choose an adjustable rate mortgage (ARM) are now facing the reality of the losing their dream. 2 to
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mortgage help: Foreclosure.....HELP! - 02/01/08 03:25 PM
"5 Ways to Save You or Someone You Know from Foreclosure, w/o getting scammed!"Problem: In 2007, homes in foreclosure were up 79% an alarming rate. Reality: This is such a personal tragedy, that many people don't reach out for help until it's too late, and then they don't know where to
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mortgage help: kansas city homes, behind on mortgage, late on mortgage, mortgage help - 01/30/08 02:01 PM
Behind on your mortgage payment? Owe more than your home is worth?Is the possibility of foreclosure becoming a reality for you?Have you thought about selling your home but just cannot make it happen when you add the REALTOR fees and closing cost into the picture?If you answered yes to any or
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mortgage help: Bernanke Proposal Preceeds Pundulum Progression - 01/20/08 02:22 PM
Ben S. Bernanke and his Federal Reserve have proposed new mortgage lending guidelines.What They Say1. Lenders must verify income and assets2. Prepayment penalty restrictions 3. Lenders must determine if borrowers can afford mortgage4. Borrowers to be told how much broker is making5. No more misleading advertising What I Say1. Most of the time the
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mortgage help: The government rescue plan-is it a good idea? - 12/06/07 12:41 PM
Good morning: It appears likely that President Bush will sign into law a measure that will freeze homeowners' adjustable rate mortgage payments for 5 years. This is only if the rate was scheduled to adjust and the homeowner is current with their payments. So is this a good thing? Of course! The
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mortgage help: Halloween is over, stop scaring consumers! - 11/09/07 10:42 PM
I get so frustrated every time I hear a news report or read the paper with another story about how there are no homes selling and no one can get a mortgage because all the mortgage brokers are so unethical. All mortgage brokers are not unethical! We do a lot of
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mortgage help: 2+ Borrowers...Which credit score is used for the mortgage? - 09/25/07 08:21 PM
There are a lot of professionals that are misinformed of what credit score is used in a mortgage transaction.This applies to MOST conventional/conforming mortgages. ALT-A & SubPrime have other guidelines, but may have also gone extinct.Husband has 600 640 630Wife has 720 710 750Husband makes 50,000 annually, and Wife makes 70,000
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mortgage help: What is Buyers Account and this "Earned Income" program? - 09/24/07 09:54 PM
This business model is the right tool at the right time.Their program is fully legal and RESPA compliant. It is a powerful business model that actually allows a much more fair sale to occur on distressed properties. It NEVER over inflates the property values and review appraisals GUARANTEE that. It
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mortgage help: Mortgage Debacle and what can be done if the note holders are willing. - 09/23/07 02:42 PM
I have a client that wrote me the following letter and I think this is a really good idea for the upcoming problem that many people will be facing in the very near future if not already. These people are not dead beats but people who got into their homes with
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mortgage help: Mortgage Partnership - 09/20/07 01:23 PM
As the Real Estate and Mortgage industry contracts, many benefits such as aggressive market products and services, and general customer friendly programs have disappeared. This however, does not have to be so. As lenders combine forces and some exit the business, there is tremendous void created for the general consumer and
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mortgage help: For First Time Home Buyers..... - 09/12/07 02:58 PM
If you believe that you are financially and mentally prepared for the responsibiltiy of home ownership, don't read the papers. There are entirely too many negative headlines out there, from slow sales markets to loan fraud and foreclosures. None of these things have anything to do with your decision to buy, or your
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mortgage help: These Web sites can help you avoid costly mortgage mistakes - 09/04/07 12:33 PM
An article was published on Dow Jones, Market Watch this morning and my company OfferAngel.com had a great mention as resource for mortgage borrowers. You can read the full story. As I have mentioned in past posts, we also have a sales tool to help loan originators help their borrowers better
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mortgage help: Failed Closings--Funding Problems? - 08/23/07 03:10 PM
As the Real Estate and Mortgage industry contracts, many benefits such as aggressive market products and services, and general customer friendly programs have disappeared. This however, does not have to be so. As lenders combine forces and some exit the business, there is tremendous void created for the general consumer and
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mortgage help: Good News! Countrywide / Bank of America vs. Montage of Morbid Mortgage Monikers - 08/23/07 11:04 AM
Troubled mega lender Countrywide Home Loans has received a vote of confidence Wednesday. Bank of America has invested Two Billion Dollars in convertible preferred securities of Countrywide Financial.This could help CW weather the storm currently raging in the mortgage industry.This move coupled with the reduction in the discount rate has sent a reassuring
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mortgage help: First Magnus has Stopped Funding Loans!...And sundry other market musings - 08/16/07 02:27 PM
Add another lender to the list suffering from this difficult real estate environment. Will this be the last lender to face difficulty? I think not. Mortgage lenders package millions of dollars of loans and turn to the secondary market (the stock market) to securitize the assets (mortgage backed securities) and sell
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mortgage help: Mortgage Payment Management - 08/08/07 07:26 PM
We had a great Mortgage meeting yesterday mostly on the Mortgage Industry.As our Mortgage people were explaining, we need to provide ways for our Buyers and Sellers to come together to help both sides achieve a great win-win deal. If we help our Seller's provide Concessions for the Buyer's to use
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mortgage help: Three Headed Dog Stops Funding Loans!!! - 08/07/07 10:58 AM
Cerberus (named after the mythological three headed dog that guarded the gates to Hades) is a private equity firm that owns Aegis. Aegis Mortgage Corp. has suspended all loan originations Monday August 6, 2007. National City Home Equity has also suspended approving loan and equity line applications due to market conditions.Perhaps Cerberus
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mortgage help: Winstar Mortgage Has Ceased Operating Independently !!!!!!! - 08/03/07 12:42 PM
Winstar Mortgage has ceased operations...apparently they have now combined with American Sterling. No buyer could be found to date, managers are trying to get a bank to take the reins on sales and associated Winstar groups. This is in an attempt to reduce the pain invariably present when companies are hit
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mortgage help: Fieldstone Mortgage Company has CLOSED ITS DOORS!!!!!!!!!!!!!!!!!!!!!!!!! - 08/01/07 02:05 PM
Fieldstone Mortgage Company has closed its doors at the end of the day Tuesday July 31 2007. Will they reopen any time soon? After ABC ceased funding only days earlier and Countrywide announcing bad news, yet another casualty in this the second round of lender fallout. The end of year 2006 was awash
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mortgage help: ABC American Broker's Conduit Has Filed Chapter 11 Bankruptcy!!!!!!! - 07/31/07 12:22 PM
ABC American Broker's Conduit, part of American Home Loans has ceased funding!!!!!!!!!!!!Indymac is looking to possibly purchase ABC and could resume funding if a deal is madeThis lender was an excellent source for the five year hybrid option arm that was a more conservative version of the volatile MTA option arms that
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mortgage help: Common Mistakes In Credit Reports - 04/30/07 03:27 PM
Your accurate information is missing. Small, local creditors may not report to national bureaus. Or, your report could be a partial or fragmented report -- with some of your accurate information linked to one version of your name and address and some of your information only linked to a different version.
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mortgage help: Frequently Asked Questions Regarding FHA Mortgages - 04/20/07 11:18 AM
Do FHA borrowers have to be first-time homebuyers?No. FHA loans are available to any borrower on a primary residence as long as they do not have another FHA loan at the same time.What is the minimum investment required on an FHA loan?Based on existing FHA guidelines there is a minimum investment
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mortgage help: Credit Tightens as more homes foreclose, First Time buyers have an option in Michigan - 04/13/07 05:25 PM
First Time Buyers still have options even with the tightening of credit for home mortgages. One of the less often used methods of financing is MSHDA a single family mortgage loan program. There are some restrictions as to income and purchase price limits apply to this mortgage program. Last year (2006) the income limits and purchase
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mortgage help: More House 4 Less - 02/15/07 06:25 PM
Here is great information on a homebuyer program in Maryland. Please contact me for more information:House Keys 4 Employees: An employer partnership program, to help Maryland's workforce become homeowners. Click here for details Grant Assistance for Downpayment and Closing Costs:With a More House 4 Less mortgage, homeowners can receive a
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mortgage help: investment loans - 10/30/06 04:43 PM
Did you know that you can get an investment loan on a multifamily residence up to 4 units and it still be considered an owner occupied home? Did you know that it could be doen as a regular investment residential property? Recently, I did a loan for a guy who was moving
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