One thing I have been saying repeatedly about regular mortgages, is that they should REQUIRE counseling prior to all mortgages, just like the requirement for counseling prior to getting a reverse mortgage. What do you think? I know it would not have prevented all of today's mortgage problems, but might it have lessened the foreclosures? Might it have lessened the cliff we fell over? Making sure people were doing the right thing, lessening the rip-offs tactics that some mortgage brokers utilize just to get a mortgage. Just a thought to help prevent or at least lessening the chance of our current market situation from happening in the future.
Again, what do you think of this idea? Might it work, or would it have had an impact on todays market troubles?
Title companies & mortgage brokers, help your borrowers- arrange to have their loan signed and notarized in their home, at their convenience by a Certified Notary Signing Agent (CNSA). Southwest Florida Notaries is open for your mortgage closing 24/7 at your location (Based in Murdock, FL, near Port Charlotte FL, but covering all of Southwest Florida - Manatee, Sarasota, Charlotte, Desoto, Lee and Collier counties)
Browse The Rain for a qualified and Certified Notary Signing Agent in your area.
|Please Visit The Following:|
|My Other Groups||My Favorite Blogs||My Favorite Blogging Associates|
|Anything Southwest Florida Area||Your comments about back-dating||Bob Storey|
|Addicted to ActiveRain||Your thoughts on reverse mortgages?||Donnie Burnette|
|Anything Reverse Mortgage||Reverse Mortgages are so bad||Linda Kassis|
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|Laura Vestanen||Linda Kassis||Kate Bourland|
|Bo Hussung||Joan Bergstrom||Lora Leasure|
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