Are you wanting to avoid a sink full of dishes after your holiday meal? A great way to enjoy a delicious Christmas Eve dinner without the hassle is to go out to eat. If you want a late night snack after placing all the gifts under the tree- read below to see which local location […]
Per FHFA (Federal Housing Finance Agency) there may be help to those struggling to make repairs after Irma while keeping up on their mortgage payments. Payments could be deferred or put on the back of the mortgage to help with immediate cash flow to fix damaged homes. Even if your home is insured, you may […]
There is a new fraud scheme that is being perpetrated primarily by the “selling Real estate agent or broker”. The scheme also involves a loan officer and a title company. There is nothing legal about this scheme and participants risk significant civil and criminal penalties by engaging in this illicit fraud scheme designed to defraud […]
The outlook for surging mortgage delinquencies worsens in a market that has taken several crushing blows. As the housing markets have deteriorated over the summer and a liquidity squeeze challenged credit markets, delinquencies and defaults have jumped. A forecast predicts that these numbers will climb even higher over the next six months. In addition about […]
As a business person in my sales and management career in the past years, I have always found my secret to success quite simple. It is a basic philosophy I have used in business throughout the years which is quite simple. I put my client’s best interests first! I treat my clients and give them […]
California-based lender Countrywide Financial has challenging times ahead amid the skyrocketing default rate in subprime mortgages. The lender announced late last week it would eliminate up to 12,000 jobs nationwide or 20% of its workforce in order to cut costs and deal with the mortgage industry turmoil. Last month the nationwide lender borrowed over 11.5 […]
September 7, 2007. The Federal Reserve in addition to banking regulators issued special guidelines urging loan servicing companies to work with borrowers currently in danger of defaulting on their home mortgages. The new guidance which is not mandatory provides hope that companies that collect payments on mortgages would consider the Fed’s advice. More and more […]