In this industry knowing all the details can be the crucial key between getting your client what they need and on the other hand a client receiving a decline. That is why this is new section where we are informing the community in yet another vital place. As one can never say that any...
In this industry knowing all the details can be the crucial key between getting your client what they need and on the other hand a client receiving a decline. That is why this is new section where we are informing the community in yet another vital place. As one can never say that any...
In this industry knowing all the details can be the crucial key between getting your client what they need and on the other hand a client receiving a decline. That is why this is new section where we are informing the community in yet another vital place. As one can never say that any...
As a mortgage lender the bank is not there to sell the borrower’s home. That is why 9 times out of 10 it is better to go through a short sale for all the parties involved than to let it go to foreclosure. There does not need to be a delinquency but it is...
Bank of America, much like the rest of the industry, has their own interpretation of what should be done for its mortgagors and how to interpret what the MHA/HAMP/HASP programs mean to them. Financial statements seemingly are a thing of the past for this review as they require the homeowner to verbally quote their...
CNN posted an article the other day that mentioned the number of foreclosure on the rise. It seems like it was would all be relative as the market is always in a constant upward and downward struggle. It is a nice article though so we feel that it would be great to share with...
Many lenders offer the option to refinance your mortgage into its current value on the market. It is a tricky process but we complete these on a regular basis but always advise our clients that it is always up to the current lender to allow for the transaction and up to the lender providing...
In the process of negotiations with CitiMortgage it turns out the Radian (one of the largest mortgage insurance company) has advised that they are not allowing for notes in the state of Texas. As Radian has never been shy of attaching promissory notes to their borrowers in order to release their lien on the...
Washington Mutual, either because of being purchase by Chase (though they do not have the same authorization rules) or because some sort of breach that occurred on their clients accounts, the lender has recently changed their rules about 3rd party authorizations. It used to be the case where someone could submit a letter of...