Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Mortgage Interest Cancellation Programs
    I have recently been asked what is the difference between all the different types of programs that are available that help you payoff your mortgage faster. One of the best tools I've found to accomplish this task is what we call Mortgage Interest Cancellation Account (MICA). There are many other names such as Money Merge Account (MMA). Each company has their own name for the process in which they help you pay down you mortgage. If you are like most people you probably haven't heard about these programs. They are relatively new to the industry, although they have been utilized in other countries for the past 20-30yrs. If you have heard about them then I'd venture to guess that you probably have already formed some sort of opinion about the program. Usually those that have been made aware of these programs fall into one of two categories. 
    The first opinion that someone usually forms is a negative one. Its human nature. When we dont understand something are first intuition is to become skeptical. The problem that usually occurs is that skepticism turns into negative remarks. I've seen numerous blogs and forums where one uninformed person negatively speaks about the program ... more

__________________________________________________
Are you on The Rain? Grow Your Network!