HOME BUYERS STORy I know a young couple who looked at a home twice, with two very different impressions. For a background, they have been looking for a home in this particular neighborhood for some time. They didn't have an urgent need to move, but were getting tired of apartment living. so a quick move was preferable. They'd contacted a Lender and pre-qualified themselves for financing and knew the general amount they wanted to spend.
The first time they saw the hone it was decorated very tastefully but in a very formal manner. For some reason, it gave them the impression that a (0 comments)
Attorneys general from all 50 states launched a joint investigation last week into allegations that mortgage-servicing companies submitted fraudulent documents and broke laws in foreclosure proceedings. Some lawmakers are calling for a national moratorium on foreclosures. In response, major mortgage servicers have announced a freeze on all foreclosures until internal investigations are completed. While any fraudulent activity should of course be addressed, a comprehensive moratorium on all foreclosures will do more harm than good. For starters, it won't address the underlying issue-that thousands of homeowners can't make their mortgage payments. Postponing the resolution of these debts will actually prevent consumers (0 comments)