The FHA (Federal Housing Administration) has been reviewed and deemed antiquated.The Government has decided that all that muddle in the sub-prime market has created a bad taste
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Some Lenders will no longer be offering second mortgages soon.Part of the big mortgage melt down problem is the invention of the 80-10-10.Greed took over and we moved to the 80-20.
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When you sign a contract to buy real estate, it includes a mortgage contingency clause.This clause allows you (typically) 45 days to obtain a mortgage. You must exercise good faith
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100% percent financing will soon be going away. Many banks in the past few years have given borrowers two separate mortgages equaling 100% of the purchase price or value. These were
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My favorite A Paper lender went down today. New Century Mortgage a/k/a Royal Bank of Canada. When RBC was taken over in the States by New Century, I warned my rep there could be trouble.
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There has been much talk of the Sub-Prime mortgage industry having troubles. Yes, there is trouble now and more to come in the near future. In light of this, FannieMae and FreddieMac
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We all have someone in our lives that is most special to us. A person you connect with on all levels. My friend Judith Mosson was that person to me. I met her 12 years ago and became fast friends
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