Tag Archives: mortgage lender

Reversed Mortgages Analyzed

From wctv.com: With economy the way it is, there’s an option for seniors who own their homes that is growing in popularity. Reversed mortgages are becoming a popular option for seniors who may have high values of equity built into … Continue reading

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Divorce & Mortgage

Report: If you own a home and have a mortgage on the home it is necessary to get the divorce decree to detail who is responsible for the payment. If you have credit cards that are joint in name you … Continue reading

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The Mortgage Workout

NEW YORK (Thomson Financial) – Freddie Mac Thursday said it was doubling the amount of money it pays mortgage servicers for each workout that helps a delinquent borrower with a Freddie Mac-owned mortgage avoid foreclosure. The federally-backed mortgage lender also … Continue reading

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Some Questions For Your Mortgage Lender

From thestreet.com: Here are nine questions you should ask your lender, or prospective lenders, before you make your application: 1. What type of loan are you offering? Loan types include: Fixed rate: The interest rate is fixed over the life … Continue reading

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Economic Troubles Lead To Lower Mortgage Rates

Holden Lewis writes: Mortgage rates fell this week on continued signs of economic weakness. The benchmark 30-year fixed-rate mortgage fell to 6.02 percent, according to Bankrate.com’s national survey of large lenders. The benchmark 15-year fixed-rate mortgage fell to 5.63 percent. … Continue reading

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Refinance: Finding A Lender You Can Trust

Here’s a report from Ohio.com: Should you find your realty agent first or your mortgage lender? Agents say they can suggest good lenders whom they’ve worked with, while many lenders say the same about agents. Particularly, predatory lenders got home … Continue reading

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What Is A Mortgage?

From Wikipedia: A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. In most jurisdictions mortgages are … Continue reading

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Surviving Mortgage Payment Shock

From the Motley Fool UK: Back in February, HSBC offered a ray of hope when it introduced its Rate Matcher mortgage. This offered a two-year fixed rate on the same terms as your previous fixed-rate deal. HSBC reckons its mortgage … Continue reading

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What Is A Mortgage?

From Wikipedia: When you get a mortgage, you pledge your property to a lender as security for a mortgage loan. A mortgage, strictly speaking, is not a debt, but it is evidence of a debt. A borrower transfers ownership of … Continue reading

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Rabbi Arrested For Mortgage Fraud

Great, just what I want to read as a Jew — another Jew arrested for fraud. Not Jewish lightning, just simple mortgage fraud. And a rabbi no less! Oy ve, what will the goyim think? NEW YORK, May 8 (Reuters) … Continue reading

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