From the category archives:
President Obama came out with a mortgage refinance program this week. It’s geared to help homebuyers refinance if they are underwater on their home. I think it’s a good program from what I have read so far. Now on Nov 15th is when the details come out on how the program will work. Just remember [...]
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When Reverse Mortgages first came out I thought they were the best thing since sliced bread. Little did I know they don’t work. It sounds nice not to have to make a mortgage payment but my brain should have told me something was wrong with this picture. USA Today has a interesting article with all [...]
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In a report released earlier this week by ratings agency DBRS, the firm revealed that one of the biggest and most controversial topics in the loan modification industry is playing one of the smallest actual roles. According to the report, only 2.8 percent of all loan modifications performed during the first quarter of 2011 actually [...]
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