Author Archive

Basic tips on Home Loan Modification

Wednesday, January 25th, 2012

In the loan modification marketplace, you will see all kinds of practitioners. A very good number of these are fakes. Since the economic recession, loan modification services are springing up in every nook and corner of the United States. To an unsuspecting consumer, all are the same. They are all not the same. You must be careful while searching for loan modification. You also need to arm yourself with the basic knowledge to help you identify the fakes amongst them.

(more…)

Understanding the concept of Reverse mortgage Texas

Thursday, December 15th, 2011

There are many seniors who would be suffering financially after their retirement. One of the very advisable options would be reverse mortgage Texas. But you need to have some basic knowledge before you make the selection.

(more…)

HUD Clarifies and Updates Guidance on Refinances

Wednesday, May 25th, 2011

Recently, HUD has issued a Mortgagee Letter 2011-11 regarding refinance transactions. The purpose of the Mortgagee Letter was to clarify and update guidance to mortgagees regarding FHA refinances.

How Fast Is Money Released From a Remortgage Loan?

Wednesday, April 27th, 2011

When you obtain a new remortgage loan, conveyancing solicitors set into motion a plethora of legal procedures. Of course, this is a process which takes a fair amount of time to complete. But just how long will it take for you to receive your money?

Loan Modification Still the Best Option for Avoiding Foreclosure

Thursday, December 23rd, 2010

According to the latest data coming out of the US housing market, foreclosures have risen to record figures in the first quarter of 2009. More than 800,000 properties received a default or auction notice which is a 24% rise from last year. With industry watchers saying foreclosures have not peaked as yet in the nation, more and more lenders are likely to file foreclosure notices in the coming months.

(more…)

Grow ops and BC RE

Monday, September 20th, 2010

Grow ops are a fixture in BC. No one knows the impact they have on the real estate industry. We may find out. Read on for more…

(more…)

Chicken Little Channels the BC Real Estate Market

Friday, September 10th, 2010

The writer is a BC mortgage broker with an interest in the economics of the real estate market.
(more…)