Sean Purcell and I recorded a 15 minute episode this afternoon about what the stock market crash means for working REALTORs. We may come across as a couple of polyannas but we think the stock market might get some respite from… … More here: Radio Mortgage: Is Hope Alive?
Continue reading...Friday, October 10, 2008
These mortgages typically fluctuate based on something other than the prime rate, and the two most popular indexes used to calculate these rates have behaved strangely in recent weeks and months because of the credit crisis. … More here: Why Did Mortgage Rates Rise After The Fed Cut Rates?
Continue reading...Thursday, October 9, 2008
A surety bond is a legal contract that consists at a minimum of at least three parties. The principle is considered to be the key party who will be performing the contractual obligation. The obligee is the receiving party of the obligation and the surety is the party or entity that ensures the principles obligations [...]
Continue reading...Wednesday, October 8, 2008
HUD will assess civil money penalties against uncooperative mortgage servicers for failure to engage in loss mitigation with struggling homeowners. The letter does not specify the damages a servicer would incur. … Source: HUD to Fine Uncooperatve Mortgage Servicers
Continue reading...Wednesday, October 8, 2008
www.eleadsource.com Get acquanited with the secrets to knowing the best Mortgage Broker Leads. There are various sources to buy Mortgage Broker Leads find out the right ones to buy and why. Stay a step ahead of your competition, … Credit: Mortgage Broker Leads Share and Enjoy:
Continue reading...Tuesday, October 7, 2008
Think Money reports that the uncertainty surrounding the housing and mortgage markets has meant that fewer homeowners are relying on equity tied up in the value of their homes as a source of funds, recent figures have shown. … Go here to see the original: The Mortgage View from the UK Share and Enjoy:
Continue reading...Sunday, October 5, 2008
More than just a mortgage calculator, see how much of a mortgage you can get! Read the original post: Mortgage Prelude 2.6.1 Share and Enjoy:
Continue reading...Sunday, October 5, 2008
First, just know that all banks are lenders. So that means the Wells Fargos and Bank of Americas of the world are mortgage lenders….not mortgage brokers. Then we have a hybrid…a broker with a line of credit that legally gets treated [. … See the rest here: How can I tell [...]
Continue reading...Saturday, October 4, 2008
Servicers tweaking loans, even though debt forgivenss more effective way of preventing defaults Loan modifications for financially pressed homeowners have soared six-fold in the last year, though mortgage servicers are still making … View original here: Unforgiven? Mortgage modifications skyrocket—but not principal …
Continue reading...Saturday, October 4, 2008
Colorado Springs City is a county seat and a highly populated city of Colorado, USA. It boasts of being the place where Pike’s Peak is located, one of the most famous American mountains. As a tourist destination, the city of Colorado Springs lists as one of the top places to visit since it offers Continue here: [...]
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Friday, October 10, 2008
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