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Technical…Practical…Theoretically Interesting....Resubordination And Refinancing of Second Mortgage
Resubordination And Refinancing of Second Mortgage At the time of trying to refinancing the mortgage having a home equity or home equity line of credit makes many complications in the process of approval. As the second mortgage lender is legally entitled to move into...
How to find the starter home
How to find the starter home A starter home or house is that property which a person or family can afford to purchase at the first time by using their savings and mortgage financing. The term starter home usually refers the small home including one or two bed rooms...
Could lender Paid Mortgage Insurance Illegal?
Could Lender Paid Mortgage Insurance Illegal? When the mortgage insurance words came many of people have a negative reaction towards it because they think that it is bad. A question for mortgage insurance is that may be or may be not mortgage insurance is bad? Many of...
Home Affordable Modification Program
Home Affordable Modification Program (HAMP) for troubled homeowners Those homeowners who face a major hardship that could cause to a foreclosure they may choose to work with a lender to get the loan modification and sometimes it is also called mortgage modification...
No California tax penalty on short sales
No California tax penalty on short sales Those homeowners who take a break from their mortgage lender they are troubled and can face a heavy tax bill if their key provision expires at the end of the year. Those homeowners who live in those states where mortgages are...
Rules for home loan modification
Those people who cannot afford the mortgage payments are now facilitate with a set of rules which are nationwide applicable to control that whether they are getting lower monthly payments or not. The housing plan of Obama administration encourages the lenders for...
Reducing Brokerage Liability
Reducing brokerage liability (how not to lose a quick million) The brokers who do not actively manage security information of their company can face a hook for a lot of money in the case of West Coast brokerage for $1.5 million and ruined their reputation. Whenever a...
Fast Short Sale process with the help of new Short Sale rules
Fast Short Sale process with the help of new Short Sale rules Short sales, like the name always take a long time in process because the word short in short sales refer to the shortage of money not the time. When someone buy a home through short sale, it allows a...
Why Quicken Loans Have Highest Satisfaction Level in Primary Mortgage Origination?
**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...
Why homeowners choose strategic default when they can pay?
Why homeowners choose strategic default when they can pay? With the state of the economy over the past decade, millions of Americans have been sitting on their homes as they wait out the foreclosure process, taking advantage of free living and waiting for a strategic...
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