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CNN Fact Check: Would McCain’s mortgage plan shift burden to …

Friday, October 10, 2008

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John McCain’s mortgage plan. “McCain would shift the burden from lenders to taxpayers, guaranteeing a loss of taxpayer money,” the ad’s narrator says. “Who wins? The same lenders that caused the crisis in the first place.” … More: CNN Fact Check: Would McCain’s mortgage plan shift burden to …

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McCain’s $300 Billion Mortgage Plan Draws Mixed Reviews

Friday, October 10, 2008

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On Wednesday, he pitched his new $300 billion plan for the government to buy distressed mortgages from banks without making them take a discount on the sale. The loans would be reduced, at taxpayer expense, so borrowers could afford to … Read the rest of the post here: McCain’s $300 Billion Mortgage Plan Draws [...]

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PHH Mortgage Services Review

Friday, October 10, 2008

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PHH Mortgage Services is a subsidiary of PHH Corporation (NYSE: PHH) and a hybrid company having both a retail lending arm which they service themselves and a significant sub-servicing division which services loans for other lenders. … Continue here: PHH Mortgage Services Review

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Foreclosed Listings Making an Impact on the Market

Thursday, October 9, 2008

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Foreclosure listings can be an excellent way for you to purchase a home or property at a price way below market value. You can find some houses and properties that are foreclosure listings and also turn them over to make a profit for yourself. The way that can work for you is by you purchasing [...]

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Mortgage Glossary

Thursday, October 9, 2008

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Mortgage Glossary Posted by Dembeliya | 2:19 AM | 0 comments » Adjustable Rate Mortgage(ARM) – is a type of mortgage where the interest rate fluctuates periodically based on bank prime rates. It is also known as the variable rate mortgage. Amortization – is [...]

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Make Money From Mortgage

Wednesday, October 8, 2008

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In essence, a mortgage is just a big loan. The factor that the mortgage is different from other personal loans are based on the fact that a mortgage loan is secured on your property. If the refund is not accepted your property can be … Continue here: Make Money [...]

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Orlando Mortgage Rates and BLOOD shooting from your eyes…

Wednesday, October 8, 2008

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Anyway, as stocks sold off, mortgage bonds rallied to the benefit of Orlando home buyers and mortgage rates shoppers everywhere. Remember, we talked about this being called the ‘flight to quality’? Anyone? Buehler? … Continue here: Orlando Mortgage Rates and BLOOD shooting from your eyes… Share and Enjoy:

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The Video I sent to Our Realtors Today

Tuesday, October 7, 2008

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So I have finally taken action on my Realtor video campaign and this is the video that I sent out to them today. Please feel free to take a look and make comments. I will keep you updated on how many respond to our offer at the end of the video. [...]

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Financial Turmoil Doesn’t Scare Off Chicago First Time Home Buyers

Tuesday, October 7, 2008

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There are still great programs for first time home buyers with low down payments – FHA allows a minimum 3.5% down payment, and the new Mortgage Access program is available to qualified buyers with 0 money down. … More: Financial Turmoil Doesn’t Scare Off Chicago First Time Home Buyers

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Private mortgage insurance and credit default swap

Tuesday, October 7, 2008

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Private mortgage insurance, or PMI, is insurance that most lenders require of borrowers who put less than 20 percent down on a home (or greater than 80 percent loan-to-value or LTV). Once the principal is reduced to a LTV of 80, … Read the rest of the post here: Private mortgage insurance and credit [...]

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