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Mortgage Blog

Are Banks Too Big To Fail or Too Big to Follow The Rules?

How should we feel about homeowners possibly not getting a fair shake with their lenders? I think we can all agree that it is pretty clear that underwater homeowners and those struggling to make their payments want to be treated fairly.  Here is wher

Mar 05, 2014 | Traditional Mortgage Short Sales Mortgage Loan Process

New Mortgage One Year After a Short Sale -Update - Expanded Options

It’s not news that it is difficult to get a new mortgage. The good news is the government and the markets are just beginning to recognize that the crisis was historic and not everyone who got caught should be permanently labeled a dead beat.&nb

Oct 25, 2013 | Traditional Mortgage Short Sales forgiven mortgage debt Mortgage Loan Process

The Mortgage Loan Process

Many have complained that the process of getting a mortgage post crisis is very difficult. Here is what you should expect:  Re-regulation of the mortgage industry has collectively been a treat for all of us, both as industry providers and borrower

Jun 25, 2013 | Traditional Mortgage Short Sales Mortgage Loan Process

A New Mortgage After Successfully Completing a Short Sale.

The goal of our comprehensive Short Sale program has always been to get our clients out of their underwater properties, mitigate all the debt and selling costs, and help them get started over again after a waiting period.  Our Day 1 Strategy Cal

Apr 08, 2013 | Traditional Mortgage Short Sales mortgage debt forgiveness act solutions for underwater properties

Don't Try to Compare a HECM Reverse Mortgage to a Traditional Mortgage Loan -Crisis in Thought.

Question: On a Reverse Mortgage does the interest accumulate on the unpaid balance at the same rate. If so, does that mean your paying interest on the compounded amount each month? Answer:  Updated for clarification: Added “Growt

Nov 27, 2012 | Reverse Mortgage Traditional Mortgage

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