Roll_Tide!


Lets see, I have no payment now what will I do with the cash.
The banks have no outstanding home loan debt, what will they do with the extra cash?
New loans come with much less risk of default, so why not take the chance.
People who now own their homes may upgrade or improve, helping skilled workers. Come on guys the way out of this mess is not that hard! It’s by helping us “little” guys!

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refiadvisor

www.refiadvisor.com Did you know that your lender has a dirty secret that costs you thousands of dollars unnecessarily? Get free mortgage videos that save the average homeowner $1200 per year. Visit refiadvisor.com for more.

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khanacademy

Part II of the introduction to mortgage-backed securities

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CBSNewsOnline

Scott Pelley reports on the mortgage crisis that’s far from over, with a second wave of expected defaults on the way that could deepen the bottom of the US recession.

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sept


I am purchasing a home, owner financed for 10 years, with a balloon payment. I will then need to get a federally backed loan (bank loan). What do you think interest rates will be in 10 years? I will have paid down the house so shouldn’t need 10% or 20% down.

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manoftruth

manoftruth talks UK and US collapse and long term interest rates manoftruth.org

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carlpers2

Why a homeowner or other mortgagor in NY and other judicial-foreclosure states should stop paying the mortgage if financial difficulty is expected in 6 months, invite a foreclosure action, defend the action timely and vigorously (at low cost), and use the extended time to obtain a reasonable modification agreement or find a buyer to get any of your equity out of the property (by not having to sell at a distress sale).

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You T


10 year treasuries have dropped over 130 basis points yet interest rates on mortgages have only dropped about a third of that?

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somethincute4u04


I want to be able to add the payment to the end of my home loan, not not get on a repayment plan. I am looking an option for only 1 month.

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MoneyTalksNews

If your credit isn’t the best, you might be familiar with sub-prime loans: they’re the kind with a high rate for people with low credit…

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