Loans For People with Bad Credit » mortgage loan

Does Debt Negotiation Work? Can I Settle my Debt?

liz — Mon, 19 Dec 2011 23:14:09 +0000

Reasons why Debt Negotiation is Difficult

With the bad economy, limited income opportunities and evaporated real estate equity, many people are having difficulties paying off their debts. An increasing number of families are forced to make a difficult choice of either paying…

How to Get a Mortgage Loan when your wife, spouse, husband, partner has Bad Credit

liz — Wed, 30 Nov 2011 01:29:44 +0000

Important Information for Joint Mortgage Loan Applications

If you and your spouse are thinking of applying for a joint mortgage loan but one of you has bad credit, you may really have a difficult time. This is because the lender usually considers…

Help for Homeowners Underwater but Good Credit

liz — Fri, 18 Nov 2011 01:31:34 +0000

Various Forms of Assistance for Responsible Homeowners

The latest effort of the Obama administration to assist the housing market is aimed at homeowners with solid credit and is making on-time payments on their mortgages but is unable to refinance because they own…

Mortgage Refinance for Underwater Home Mortgages but Good Credit

liz — Tue, 25 Oct 2011 19:40:09 +0000

Various Forms of Assistance for Responsible Homeowners

When is the Best Time to Buy a Home and Are Interest Rates Best Now?

liz — Mon, 26 Sep 2011 22:18:32 +0000

Take Advantage of Low FHA Mortgage Rates

In the past week, mortgage rates reached another low record. This is one of the news regarding the terrible economic condition. The current rate on FHA mortgage declined to 3.990% with an annual percentage…

Do I Have to Have a 20% Down Payment for a Home Mortgage Loan?

liz — Wed, 07 Sep 2011 23:59:30 +0000

Home mortgages didn’t used to have such a high down payment. Back in the late 2000′s we say the heyday of the 0% down loan. It was not uncommon for people to just put down 2-5%.

But, then all of a…

Bank of America and their Countrywide Home Loans Portfolio Continues to Plague Housing Market

liz — Wed, 07 Sep 2011 00:28:16 +0000

Bank of America’s Inaccurate Reporting of its Residential Mortgage Loan

Henry Blodget’s worries regarding the quality of Bank of America’s mortgage loans show several interesting details. However, he seems to be looking in an incorrect place.

According to a Blodget’s statement in…

Tips for Refinancing Your Home Morgage

liz — Mon, 22 Aug 2011 17:25:46 +0000

One of the things that is continually asked these days is “Should I refinance my home mortgage?”

Things are moving so quickly with the economy, that it is no wonder that you may be confused and not sure whether or not…

Experian to Extend Financial Assistance to Large Banks as New Subprime Loan and other Mortgage Requirements from FDIC Takes Effect

liz — Mon, 22 Aug 2011 01:44:32 +0000

As a support to their clients’ efforts to meet the requirements of the Federal Deposit Insurance Corporation’s (FDIC) Large Bank Pricing Rule, specifically in the subprime loan reporting that will start effective Oct 1, 2011, Experian is creating a complete product to…

Two-thirds of Past Due Mortgage Payments on Loans come from 2005 to 2007

liz — Mon, 22 Aug 2011 01:39:36 +0000

Mortgage loans that were obtained between 2005 and 2007 account for almost two-thirds of delinquent balances said Equifax. Although there is a decrease in the number of past due accounts of at least 30 days, those for 60 and 90…