Free Article Directory » mortgage

Forensic Loan Audits Save Homes

Anthony Hayes — Fri, 11 Jun 2010 11:20:58 +0000

Foreclosure statistics are still on the rise. Despite government intervention, people continue to churn and burn while desperately hoping for a Loan Mod. Reports abound of unfair disqualifications, lost paperwork, completed trial modifications followed by trustee auction dates, and “understaffed” loss mitigation departments. Nobody knows just how many homes have been lost to foreclosure due to lender ineptitude. Foreclosure departments seem to be adequately staffed however.

Securitization of Subprime Home Mortgages in United States

jamilton — Wed, 12 May 2010 18:39:28 +0000

Securitization, also known as structured finance is a financing technique which allows capital markets to support direct income pooling resources and then resell them to investors. In countries where the legislation would encourage structured finance, almost all income-producing asset can be securitized.

Some Important Tips For First Time Mortgage Users

nickm — Mon, 15 Mar 2010 10:39:22 +0000

Its very likely that you will never make a purchase as large as a home purchase. This is a very good reason to prepare for the process as much as possible. The home you purchase will depend very much on the amount of mortgage for which you qualify. As a first time mortgage user, preparing yourself for the home buying process is the best way to set yourself up for success.

How credit scores benefits you

Joeperkins — Mon, 22 Feb 2010 21:34:43 +0000

Free Credit Score adversely affects your credit card rating and if you have a low credit score then you may not even get a loan from any other traditional banks or credit score match. If you want to purchase a new home with your credit scores then you have to take the loan by asking the seller.

Reverse Mortgage Options Made Simple

lojan110 — Thu, 14 Jan 2010 19:59:26 +0000

There are many different options for you when it comes to a mortgage. A regular mortgage is a loan that you take out in order to buy a house. The bank or lending institution finances the amount of money that the house is worth, and pays for the house. Then, you pay back your mortgage on a monthly basis, in order to pay off your house.

Is a Reverse Mortgage Right for You?

lojan110 — Wed, 13 Jan 2010 20:13:16 +0000

The idea of a reverse mortgage has gained a great deal of attention in recent years. Many retirees have found them to be an ideal way to enjoy an additional source of income that helps to stretch pensions and other types of nest eggs that were built up over the years. However, a reverse mortgage is not necessarily the answer for everyone. Here are some questions to ask if you are thinking of entering into this type of arrangement.

How to Take Advantage of Low Mortgage Rates

lojan110 — Tue, 12 Jan 2010 20:37:13 +0000

There is a lot of information out there about mortgage rates and what they mean. It might be scary to look at the papers and listen to the news when it comes to the housing market in general, because it seems like everything is falling apart and you’ll never be able to find those rates you are looking for.

How to Determine If Refinancing Is Right for You

lojan110 — Mon, 11 Jan 2010 20:03:32 +0000

Are you thinking of refinancing your mortgage? Mortgage refinance loans are often touted as a great way to lower your monthly mortgage payment or decrease the overall amount that you’ll pay over the life of your current mortgage. There are times when it makes a lot of sense to refinance a home mortgage, but it’s not always the best plan. How do you decide if it’s the right time to refinance your current home mortgage? These questions and considerations can help make your decision to refinance easier.

Refinancing Home Mortgage: Understanding Your Options

allendec09 — Wed, 23 Dec 2009 03:41:59 +0000

If you’re a homeowner facing a need for a large amount of ready cash, the time has never been better for refinancing your mortgage. With interest rates near all-time lows, homeowners are in a great position to get a mortgage with a better rate than they currently have, and draw from some of the equity they’ve built up in their home since they received their current mortgage.

Take Advantage of the Lowest Mortgage Rates Today

allendec09 — Wed, 23 Dec 2009 03:28:26 +0000

The housing market may be slow, but with mortgage rates near all-time lows, the mortgage industry is doing a bustling business in refinancing, as homeowners trade in their high-interest mortgages for low-interest loans that can save them thousands. Obviously, if you’re considering buying a home, now is a great time to take action, and lock in these near historic low rates for the life of your loan. But if you’re a homeowner with a current mortgage, how do you know if refinancing is the right move for you?