December 2008

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Reverse Mortgage Fixed Rate Lacking Punch

A senior gentleman gave me a call yesterday. For 15 minutes I assessed his situation and told him definitively he should move forward only with an adjustable rate mortgage.

When to Use the Reverse Mortage as a Solution

The mystique of the reverse mortgage is being continually lifted by a barrage of advertising coupled with the senior community essentially being forced by basic economics to look at it as an option.

Breaking Down Reverse Mortgage Cash Out to Borrower

The big housing bailout bill, signed July 30, also raised FHA national lending limits. In November, lenders began closing loans with the new limits.

MORTGAGE LOAN MODIFICATION ASSISTANCE FLORIDA 386-734-9844, New …

Key words related to our business are: mortgage modification assistance miami south florida stop foreclosure help mortgages bad credit in home homes loan loans refinance lenders banks to mortgage modification companies loss mitigation …. A loan modification is different from a mortgage loan refinance. A loan modification changes the terms of the original loan rather than creating an entirely new loan agreement. A loan modification is the best way for a homeowner that is …

CEO of Metropolitan Money Store Jennifer McCall Pleads Guilty in …

 The homeowners were told that the equity withdrawn from the properties would be used to pay the mortgage and expenses on their homes and to repair their credit . McCall and others paid the straw buyers $10000 to participate in the scheme. …  McCall misappropriated the license and bond numbers of other brokerage and credit repair companies and used them to broker loans and fraudulently improve homeowners’ credit scores by adding fictitious lines of credit to their …