Archive for October, 2007
Thursday, October 25th, 2007
You know that feeling you get when you just know something isn't right? That's a good feeling to listen to when getting a mortgage. Fraud abounds in the world, but sometimes it wears the mask of "don't ask, don't tell". During my time in mortgage offices, I have often heard ...
Posted in Foreclosure, Fraud, Housing Options, Sub Prime | 1 Comment »
Thursday, October 25th, 2007
Many of you are fretting over the impending significant adjustment (reset) in your Adjustable Rate Mortgage (ARM). Or maybe you have already encountered your reset date and are now struggling to make your new payment. Maybe you are facing the very real possibility of losing your home or facing potential ...
Posted in ARM, Foreclosure, HUD, Housing Options | 1 Comment »
Wednesday, October 24th, 2007
It won't pay as much to mortgage professionals or homeowners to falsify information on mortgage documents! If Texas Bill 716 has its way, your only pay would be an orange jump suit and three square meals a day in a six foot enclosure! A stay at Club FED (federal penetentary) ...
Posted in Bill 716, Fraud, Mortgage Laws | No Comments »
Thursday, October 18th, 2007
How would you like to see the REAL cost of a mortgage? Now you can!
To give a simple example: Let's say you go to Walmart to buy a gallon of milk. The price tag would show you how much Walmart paid for the milk. $3.50. When you get to the ...
Posted in Mortgage Costs, RateWindow, Transparency | 3 Comments »